AI Automation Is a Massive Ground Floor MegaTrend 

By: December 21, 2023

Often artificial intelligence (AI) is applauded as the only solution to myriad problems, as if we haven’t lived this long perfectly fine without it.

But that’s not to say AI isn’t a powerful tool that can change the way we live for the better.

It’s also not say that because we can enhance almost anything with AI, we should.

Where it AI fits however, can be a game changer.

And one of those “Cinderella slipper” fits is regarding automation, specifically for manufacturing and enterprise environments.

Intelligent Process Automation Market Size Report, 2019-2025

Source: Grand View Research

As you can see from the graph above intelligent automation, which isn’t a new concept is a perfect sector for AI disruption.

What makes it a MegaTrend is the fact that every business understands and desires as much efficiency as possible.

Strap In: AI Automation Is Headed from $64 billion to $251 billion by 2027

The headline number is a compounded annual growth rate of more that 31%. But if you dig into subsectors of AI automation it gets even bigger.

For example, here’s what it looks like for the robotics sector:

Robotic Process Automation Market Size & Share Report 2030

Source: Grand View Research

The more sophisticated large language models (LLMs) get for AI, the better they’ll be able analyze operations. And as more robotics are introduced into the workforce at various levels, the more AI can help orchestrate their actions along with their human counterparts.

So what does AI automation mean on a day to day basis? Something like this:

Intelligent automation: What it is and how to apply it | Zapier

Source: Zapier

And who is driving this MegaTrend? Companies like IBM (NYSE:IBM), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Meta (NASDAQ:META), Advanced Micro Devices (NASDAQ:AMD), and of course NVIDIA (NASDAQ:NVDA).

Certainly there are plenty of focused AI plays but the best way to play this for long-term growth investors is to find companies that have complementary business lines that can directly benefit from their AI development. 

And since they’re large, if a standout AI platform comes along, they can buy it.


Related Articles

How to Benefit from TSLA and the EV MegaTrend
May 16, 2024

We’re looking at the Renewable Energy MegaTrend, and what would this MegaTrend be without electric vehicles (EVs)?

Move Over EVs: Next Gen Hydrogen Is Already Booming Globally
May 9, 2024

I’m guessing you had no idea that the global hydrogen market is now almost a quarter of a trillion dollars.

How Companies Like GOOG and META Will Benefit from the Renewable Energy MegaTrend
May 2, 2024

Green energy or renewable energy is an absolute MegaTrend that impacts many of us in one way or another.

A $1 Billion to $30+ Billion Market in the Next 5 Years
April 25, 2024

Healthcare Robotics is a market set to experience a $30+ Billion boom within the next 5 years. Do you wonder how you can benefit as an investor?

Get the MegaTrends Shaping the World—in Your Inbox Free

Sign up for Proffe’s MegaTrends to receive weekly analysis on the biggest trends and companies shaping the future.