AI, Productivity, and the Biggest Opportunities Ahead

The session closes with a discussion of whether AI-driven productivity gains could offset inflation pressures. The speaker is sceptical that AI will have a meaningful deflationary impact within the next one to two years, with energy, commodities, and geopolitics remaining more immediate drivers. The biggest opportunities identified are infrastructure and supply chain build-out, along with emerging market assets that carry a geopolitical risk premium and remain attractively valued.