Beneath
the AI gold rush
Investment in AI is predicted to top $1 trillion in 2026. But behind the big money headlines, what’s going under the radar for investors?
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Across the seven layers of the AI buildout, from fabrication and energy to networking and applications, find out who is set to benefit and who could bear the cost.
What's inside

  1. Connect the three frontiers

    Get clarity on the AI race to fill workforce gaps, control global infrastructure and the corresponding pressure to protect the planet.

  2. Discover what would prove AI's productivity promise

    A clear-eyed look at AI's productivity claims and why younger workers and routine entry-level roles face the greatest disruption.

  3. Map the chokepoints of AI power

    Learn which chokepoints sit beneath every AI model and why the benefit goes to whoever controls them.

  4. See how AI could revolutionise care of the elderly

    Could AI ease the pressure on stretched healthcare systems as populations age? Is the FDA signalling a longer route for generative tools into clinical use?

  5. Step onto the new battlefield

    Explore how AI is reshaping defence, cyber security and biosecurity, and why these are the least mature and most asymmetric exposures in the AI story.

  6. Count the climate cost

    Find out why data centre emissions could more than double by 2030 and the power sector decarbonisation constraint.

  7. Go down the mine

    See why AI's efficiency gains at the mine face won't reduce the minerals its build-out needs, but make it cheaper to extract more, and why the wider costs tend not to appear in tech company disclosures.

  8. Understand farming's new dependence

    Learn how AI is filling the gap left by an ageing farm workforce, and why one compromised model could have the reach of a weather event.

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  • $1tn

    Forecast global AI investment in 2026

    Goldman Sachs

  • 37%

    The share of young workers globally in jobs with medium to high exposure to AI-driven change, according to PwC and World Economic Forum

  • 643 MtCO₂

    Potential data-centre emissions by 2030 without grid decarbonisation, more than double the current rate

    Allianz

See the full picture
Get essential AI insights beyond the media headlines.
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For informational purposes only. Trading financial instruments involves significant risk of loss. Past performance is not a reliable indicator of future performance.

Marketing content. Not investment research.