Ankur Crawford emphasizes that artificial intelligence (AI) will be the dominant theme for future investments, driving growth alongside technologies like autonomous vehicles, EVs, and robotics. She highlights the competitive landscape among tech giants, the surge in AI demand, and the potential for multiple winners in the evolving AI ecosystem.
In the video, Alger’s Ankur Crawford emphasizes that artificial intelligence (AI) is the primary theme for future investments, highlighting its significance in shaping the next decade. She points out that AI, along with autonomous vehicles, electric vehicle (EV) power, robotics, and related technologies, will drive growth and innovation in the tech sector. Crawford believes these five themes will be central to technological advancements and investment opportunities over the coming years.
Crawford discusses her investment approach, noting that while she holds shares in major tech companies like Tesla, her focus extends beyond individual stocks to broader technological themes. Tesla, despite not covering all the emerging trends, touches on many of them such as autonomous driving, solar energy, and batteries. She sees Tesla as a key player that aligns with multiple future trends, making it a significant part of her investment strategy amid the evolving landscape.
The conversation then shifts to the competitive landscape among tech giants and hyperscalers, who are making substantial, billion-dollar investments in AI. Crawford observes that the market is vast and complex, with multiple winners likely emerging from this race. She highlights the exponential growth in AI usage, citing her own experience with ChatGPT, where her token usage has increased thirtyfold over six months. This surge indicates the enormous demand for AI compute power, which is fueling intense investment from large technology firms.
Crawford explains that the rapid growth in AI usage and demand for computational resources suggests many companies will succeed in this space. She mentions Google’s Gemini and its increasing adoption, as well as her own use of various AI tools like Perplexity, ChatGPT, and Claude. The diversity of AI platforms and their expanding user bases point to a competitive but thriving ecosystem, where multiple companies can flourish by providing innovative AI solutions.
In conclusion, Crawford underscores that AI is set to be a dominant investment theme, driven by the need for massive computational power and continuous technological innovation. The market is expected to support many winners, with different companies advancing AI capabilities and accessibility. Her outlook suggests a vibrant, competitive environment where multiple players will benefit from the ongoing AI revolution, shaping the future of tech investments.