Bill Studebaker, CIO of ROBO Global, the creator of the world’s first robotics and automation ETF ( ROBO – Get Report ) , says FANG is yesterday’s trade and the next big thing is in robotics, automation, and artificial intelligence, or RAAI.
"In a world where growth becomes starved, people are going to put their hands in their pocket. Capital spending will dry up inevitably and then people have to do what? Get back to managing their business," he explained. "That’s improving productivity, cutting costs, generating growth. That’s automation. In a world where growth is abundant, the only way to […]
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