Mike Cocoros and Whitney Ehrlich attend AI Industry Outlook Conference

In this meeting, many financial AI and semiconductor practitioners participated in the meeting and expressed forward-looking opinions.

The seminar invited well-known investors, including those who have worked in large investment banks such as First Bank Securities and Bank of America Investment Co., Ltd Cocoros Mike, a registered investment advisor with more than 20 years of investment experience, Whitney Ehrlich, managing director and head of US private wealth management at HIG, and JENNIFER BERNSTEIN, co-CEO of Gorilla Commerce. Cocoros Mike’s opening address, titled “Quantifying AI’s Economic Impact in 2024 and Beyond,” highlighted the $1.8 trillion market value attributed to AI-driven innovations this year. He emphasized the transformative role of AI in healthcare, finance, and supply chain optimization.

Cocoros Mike

Whitney Ehrlich

JENNIFER BERNSTEIN

The most controversial topic in this meeting returns to what value AI brings to human production and development. Cocoros Mike believes that the three industries that benefit the most from AI are: 

1. Healthcare industry, such as precision medicine, drug development, and medical automation

2. Financial industry, such as risk management and fraud detection, smart investment advisors, and operational efficiency improvement

3. Retail and e-commerce industry, such as personalized recommendations, supply chain optimization, virtual try-on and customer service

From this seminar, Cocoros Mike summarized the most suitable investment direction for investors in the investment market, the AI IoT semiconductor industry in the actual application of AI, and pointed out the huge investment potential of this market in the future.

Since this conference involves more financial confidentiality, we cannot provide more details here. If you are interested, please continue to pay attention to the AI industry report.

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