Which AI Stocks Will Drive Digital Transformation in Latin America?

Economies are increasingly prioritising investment in transforming their digital infrastructure, especially in Latin America. National strategies and shared standards will be required to ensure the responsible use and deployment of artificial intelligence (AI). Intel is partnering with a Chilean multinational IT solutions provider to drive digital transformation in Latin America. Brazil, Colombia and Uruguay have published national AI strategies to enhance the continent’s digital infrastructure. How to invest in the digital transformation: the Pacer Data and Digital Revolution ETF is up 44% in the past year. ‘Digital transformation’ started out as a buzzword in business circles, used to persuade boards to upgrade their legacy technology systems and avoid falling behind the competition. But, since the pandemic, it has come to be seen as vital to empowering people to live sustainably and prosperously in the digital future. According to researchers at the International Monetary Fund (IMF), it’s not yet possible to determine the long-term impact of digitisation, but pandemic trends tell us that transforming businesses digitally has helped to mitigate economic disruptions, boost employee productivity and, for the most part, protect jobs. As economies prepare for the future, policymakers are taking the necessary steps to close the digitisation gap and […]

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