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Hewison Private Wealth - Insights
Hewison Insights

Investing in the potential of AI

Travis Schindler
Partner & Wealth Adviser
6 Mar 2024

In today’s rapidly evolving economic and investment landscape, artificial intelligence (AI) stands out as a transformative force with immense potential. As Wealth Advisers and Investors, understanding how AI is reshaping industries and the opportunities this presents is crucial.

AI’s influence spans across various sectors, from manufacturing to healthcare, offering businesses unparalleled opportunities for growth and innovation. This technological revolution is not just a trend but a fundamental shift that’s reshaping the competitive landscape. Below are just four examples of the many opportunities that AI presents:

Improved Decision-Making:
AI analyses large datasets to extract valuable insights in real time, aiding companies in making better decisions across various domains like pricing, marketing, and risk management.

Increased Productivity:
AI automates repetitive tasks, such as customer service inquiries and report generation, reducing the need for human intervention and enhancing productivity.

Intelligent Manufacturing and Healthcare:
AI automates tasks, improves quality control, and enhances patient care, making it indispensable in future factories and healthcare systems.

Enhanced Customer Experiences:
AI can personalise customer interactions, provides 24/7 support, and tailors products/services to individual preferences, increasing satisfaction and loyalty.

Below are some examples of companies that are at the forefront of the AI revolution. These companies span different segments of the AI ecosystem, including semiconductor chips, infrastructure, data, applications, healthcare and security.

Semiconductor manufacturers like TSMC play a crucial role in powering AI systems by producing high-performance chips tailored for AI and machine learning tasks. Companies like Alphabet, through its subsidiary Google, leverage AI algorithms extensively to enhance search solutions and personalised advertising, driving revenue growth.

AI-driven insights are also revolutionising industries like healthcare, with companies like Novo Nordisk collaborating with tech firms to develop innovative treatments using AI-based platforms.

Microsoft is rolling out its own AI capabilities through its CoPilot product, which is being incorporated into its Microsoft 365 product offering. It would also be remiss not to mention Nvidia, a company that to date might be the most visible winner of the artificial intelligence boom, achieving dominance by becoming a one-stop shop for A.I. development, including chips and software amongst other services.

In private markets, Dataminr is using AI and Machine Learning to specialize in real-time information discovery and analysis. The company’s platform is designed to identify and extract relevant insights from large volumes of data, particularly from social media sources and other publicly available information. Nanotronics incorporates AI and advanced imaging technologies into its products and focuses on developing advanced manufacturing solutions, combining AI, automation, and robotics to enhance the inspection and quality control processes in manufacturing. On the cyber security front, Arctic Wolf Networks is using AI to process more than 65 billion events every day and automatically detects advanced threats with machine learning.

The potential for AI to transform industries and drive earnings growth is real and proven through the above pioneers.

While the future is anything but certain, Hewison Private Wealth will continue to ensure clients can capitalise on emerging opportunities and stay ahead of the curve.


Any financial product advice provided in this blog/post is general in nature.  It does not take into account your needs, financial situation or objectives.  Before acting on the advice, you should consider whether it is appropriate to you in light of your needs, financial situation and objectives.