Join Bradford Neuman, CFA, Senior Vice President and Director of Market Strategy for Alger, for a discussion on how AI-driven creative destruction could disrupt established industries and the potential implications for client portfolios.
With over 60 years of investing experience, Alger is a pioneer in actively managed, growth equity investing with robust experience navigating change, embracing disruption, and investing in innovation.
WEBCAST – Who Loses in Creative Destruction? How Avoiding Disruption Can Enhance Returns
Everyone is asking who wins from AI, but few are asking which holdings in your clients’ portfolios could lose. Economists call this “creative destruction,” the process in which new technologies create new industries while eroding the business models they replace. History shows that the destruction side often hurts incumbents for years before the market prices it in, and AI may be starting the next cycle.
Topics for discussion:
- Picking the winners of a technology shift takes company-by-company research.
- AI is the next round of creative destruction, potentially weakening industries built on knowledge work and labor-intensive processes.
- Cap-weighted passive indices overweight yesterday’s winners. Value-tilted portfolios can be overexposed to tomorrow’s losers, especially when weighted by tangible assets or price-to-book.
Accepted for 1 CFP / IWI / CFA CE Credit
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