November 11, 2024
Tracing our history to 1928, Wellington Management is one of the largest independent investment management firms in the world. We serve as a trusted adviser for institutions in more than 60 countries.
AI is hungry: What’s on the menu?
It has been written that software will “eat the world.” Thirteen years on from that provocative forecast and with an estimated market size of over US$700 billion in 2024, that thesis appears to be on track.
Now, with AI sitting down at the table, the menu may be rapidly expanding and even software itself may be at risk.
In this paper, we explore what software has achieved to date and consider what it might be able to teach us about the future of AI. We also dive into the role venture capital is playing in AI disruption and what prior innovations might indicate about potential winners and losers along the way.
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