Facebook Pixel
The Bid

3 Tech Megatrends Shaping The Future

The Bid
The Bid

The pace of technological change has taken a giant leap forward and created opportunities for investors. ChatGPT has been compared to the invention of the internet, robots are being introduced to workforce. And agricultural technology is being more widely implemented to try to solve for a growing global population. Jeff Spiegel, US Head of BlackRock, Megatrend International and Sector ETFs, will help us decode some of these new technologies and better understand the impact on both our lives and our portfolios.

SOURCES:

Yahoo News, Steve Mollman, 12/9/22

Sciencefocus.com, “ChatGPT: Everything you need to know about OpenAI’s GPT-3 tool”

Shopify, Digital Ad Spend 2021-2026

U.S. Chamber of Commerce, Understanding America’s Labor Shortage

Automate.org, “The First Industrial Robot”

McKinsey, “Automation, Robotics and the Factory of the Future”

Bureau of Labor Statistics, August 2022

Atlanta Fed Wage Growth Tracker

NY Fed, Global Supply Chain Pressure Index

WSJ – U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs, 8/23/22

Market Research Future, “Global Robotics Market Research Report,” August 2021.

FetchRobotics, July 2022

Robots 247, 8/14/21

Bureau of Labor Statistics, November 2021 “Employer Related Workplace Injuries and Illnesses”

Liberty Mutual Insurance Workplace Safety Index

Proliance Puyallup Surgeons, “How Robotic Surgery Improves Patient Outcomes”, 3/11/21

Medtronic Press Release, 10/11/21

TheRobotReport.com, “Robot Sales Hit Record High for 3rd Straight Quarter”. 8/29/22

United Nations, “World population to reach 8 billion this year, as growth rate slows,” July 2022.

Grand View Research, “Precision Farming Market Size, Share & Trends Analysis Report By Offering (Hardware, Software, Services), By Application (Yield Monitoring, Weather Tracking, Field Mapping, Crop Scouting), By Region, And Segment Forecasts, 2022 – 2030,” 2022.

EIT Food, “Is vertical farming really sustainable?,” August 2018.

The White House, “FACT SHEET: CHIPS and Science Act Will Lower Costs, Create Jobs, Strengthen Supply Chains, and Counter China,” August 2022.

This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.

In the U.S. and Canada, this material is intended for public distribution.

In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.

In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.

For Investors in Switzerland: This document is marketing material.

 In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.

In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL). The material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Refer to BIMAL’s Financial Services Guide on its website for more information. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances.

In Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx


©2023 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of

BlackRock, Inc. All other trademarks are those of their respective owners.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Bid
Not playing