WEF information discovered that people and machines might be spending an equal quantity of time on work duties by 2025.
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Strategists at Bank of America have picked out a slew of stocks that they imagine will profit from the drastic technological adjustments caused by the coronavirus pandemic.
BofA fairness strategist Felix Tran, lead writer of a research note on the future of work published last week, stated the pandemic had accelerated the digitization of the economic system, and applied sciences like automation and synthetic intelligence had been quickly adopted.
Further to this, the strategists imagine that machines now shall be taking over a extra equal share of workloads going ahead. In truth, WEF data cited in the report, discovered that people and machines might be spending an equal quantity of time on work duties by 2025.
And with this thoughts, there are some world stocks primed to take benefit of these adjustments.
Here are BOA’s picks: