Alfred Lam, CFA, Senior Vice-President and Co-Head of Multi Asset CI Global Asset Management
It has been 49 years since the launch of the first personal computer. Since then, humans have been asking the same question: When will computers and robots replace humans? Not 40 years ago, not 30, not 20, and also not a decade ago. However, it now feels we are a lot closer to being eclipsed by technology.
I recently traveled to Japan with my family, and we were amazed by how technology enhanced the experience. As you may know, most Japanese people do not speak English, and almost everything you read is in Japanese. In the past, it was challenging for tourists whose native language is not Japanese. On this trip, I was able to translate everything written in Japanese into English instantly by pointing my iPhone at it using the Google Translate app. Through the same app, I was also able to translate English voice messages into Japanese.
Read the rest of Alfred’s comments by downloading: 2023 November Portfolio Construction
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