Drones (and more broadly automation) combined with AI are unquestionably the future.
The AI boom is exponential. We can all see that. Achievements and advancements that were expected to take decades have come and gone in a matter of 18 months (I would argue since the mainstream introduction of Chat GPT).
True artificial intelligence (the kind Elon Musk talks about) might arrive as soon as 2026 at this rate.
The technological convergence of AI and robotics is going to unlock massive growth and innovation for those companies which are positioned in the right verticals. Each innovation builds on the previous innovation leading to compound growth.
AI is not a bubble - it is a paradigm shift!
ASX AI-themed stocks (not an exhaustive list - just from my observations - we don't have many companies listed here that don't dig up rocks):
♦ APX (generative AI with large language models)
♦ RKT (aerial drone with on-board AI)
♦ NGL (aerial drone with machine learning and on-board AI)
♦ BRN (neuromorphic processor)
♦ STG (AI translation and localisation)
♦ WTC (uses AI and machine learning for data extraction and the automation of full operational workflows)
