Read “Roundhill Investments launches first ever generative AI ETF, signaling growing prominence in enterprise software” on SmartNews: https://l.smartnews.com/p-RewML/n2p7Ju
“We estimate the total addressable market just for enterprise software applications from generative AI at over $120 billion in a decade, and we get there just thinking about how rapidly we think the technology can penetrate every corner of enterprise software, the growth of the overall software market, and the uptake of these applications over time,” Kanterman said.
The launch of the CHAT ETF signals that generative AI has reached an inflection point — growing rapidly enough to warrant its own investment vehicle, but still poised for faster adoption and growth in the coming years. With the potential to transform creative fields, business processes and more, generative AI may be entering a milestone phase that could shape our economies and societies for decades.
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