The possible risks include the need to be highly selective in stock-picking
The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking up to the possible risks, including the need to be highly selective in stock-picking.
That, however, means corporates also face big challenges, like redundancies and rethinking their business models, if they want to fully realize AI’s potential. “Take IT services: if one hundred people are no longer needed for coding, but only half or a third of that, customers will be asking for lower prices,” said Guibout.
Teleperformance, which employs 410,000 staff in 170 countries, held its AI investor day on Wednesday.
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