What the future holds
Ongoing advancements in AI & autonomy, augmented reality, IoT, power generation, energy storage, sensors, 3D printing, and non-GPS autonomous navigation continue to feed the insatiable needs of industry and the military, while expanding the art of the possible for planetary exploration. There are multiple technology development races currently underway, including for autonomous cars, autonomous air taxis, drone delivery services, on-orbit robotic satellite servicing, robotic lunar mining, and collaborative industrial robotics. Developers must solve the technical challenges of systems integration, safety, and security, while navigating all the expected business and regulatory challenges.
Wall Street has acknowledged this high-growth market via 6 new ETFs focused on Robotics & AI (ROBO, BOTZ, IRBO, ROBT, UBOT, ARKQ), as well as 2 others focused on Robotics & AI -applied markets: Drone Economy (IFLY) and Procure Space (UFO). Pure-AI ETFs currently number over 45, and growing. And for those truly seeking to invest in the bleeding-est edge technology, there is even an ETF now whose portfolio is managed solely by AI: AI Powered Equity ETF (AIEQ).