We are optimistic about AI’s long-term impact on productivity and profits, but our perspective suggests the optimists’ scenario is acutely implausible. That is, it will take longer than consensus expects for the latest tech wave to turbocharge productivity and profits. It always does.

Read | AI Will (Eventually) Turbocharge Productivity and Profits

Kevin Hebner

Kevin Hebner is a Managing Director and global investment strategist on Epoch’s Global Portfolio Management team.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.