According to Bill Gates, “advancing technology is premised on fitting it in everyday life, so we don’t notice it." (UBS)

Neuralink's clinical trial is called PRIME — for Precise Robotically Implanted Brain-Computer Interface. As the name implies, the process involves using a robot to surgically insert the wires of the company's implant into a part of the brain related to movement.

Part of our fascination (and fear) with technology is thinking about the possibilities of where it can take us, both literally and figuratively. We want to at least imagine where we could be in 5 to 10 years, or if our children may be in flying cars or visiting other planets.

There are always the fears that new technology could create a company like Skynet, with Arnold Schwarzenegger coming back to re-shape the world as we know it, but we probably shouldn't worry too much about technology disrupters, and should perhaps embrace some of them.

According to Bill Gates, “advancing technology is premised on fitting it in everyday life, so we don’t notice it.”

Technology investing can be exciting because of its substantial impact on our lives—while tech is broadly defined, many of its subsectors are seen as leading indicators of innovation and societal progress today. These include mobile tech’s role in helping emerging nations leapfrog the PC era, the rise of electric vehicles as a better environmental choice, and cloud tech that helps enterprises process big data efficiently.

The UBS Chief Investment Office (CIO) believes the next decade is likely to favor companies using technology to disrupt other sectors. They expect “The Next Big Thing” to materialize within the greentech, fintech, healthtech sectors—plus enabling tech, which includes areas like artificial intelligence (AI) and cybersecurity. Collectively, CIO sees industry leaders for 2030 emerging from these sectors.

Also, 2023 was the year AI became a reality to the general public. But what does the future hold for artificial intelligence and how will it continue to evolve in 2024? With broadening AI demand and rising monetization trends, CIO expects the applications and models segment to emerge as the dominant force in the medium to long term. Overall, they forecast global AI revenues to increase fifteen-fold between 2022 and 2027.

Overall, CIO likes the IT tech sector, which aligns with their quality tilt and offers exposure to compelling disruptive trends.

With AI and another tech revolution at our door, there is so much to try and understand.

And while not all of us will want to connect our phones to our brains, most of us will at least want to learn about the opportunities Artificial Intelligence presents and the potential effects on our everyday life.

After all, not all technology is there to Terminate the world as we know it.

Watch our latest UBS Trending: Artificial Intelligence as a theme escalator to learn more.

Main contributor: Shawn Awan