“技术平权带来投资平权”！公募科技基金经理畅谈AI机遇

Core Viewpoint - The article discusses the transformative impact of AI technology on investment opportunities and challenges, highlighting the emergence of new investment strategies and sectors driven by AI advancements. Group 1: AI Technology and Investment Opportunities - The emergence of DeepSeek is reshaping the localization logic of AI in China, with historical precedents indicating that each technological breakthrough creates a new wave of successful companies [3] - DeepSeek is seen as a pivotal moment for China, potentially transforming weak applications into strong AI applications, leading to significant growth stories worth trillions of dollars [3] - Investment strategies are focusing on two main logics: AI+X, where AI serves as infrastructure empowering various industries, and X+AI, which targets upgrades in smart hardware [4] Group 2: AI in Healthcare and Other Sectors - The introduction of DeepSeek is expected to democratize technology, allowing traditional software companies to adopt AI, thus lowering the barriers for enterprises and individuals to utilize AI services [5] - AI applications in healthcare are anticipated to create new business models, particularly for companies that can help pharmaceutical firms reduce R&D costs and time [5][6] - Current AI applications are in a rapid iteration phase, with sectors like humanoid robots and AI healthcare poised for significant growth [6] Group 3: Investment Dynamics and Market Trends - The rapid development of AI models like DeepSeek is leading to an era of investment democratization, enabling ordinary investors to leverage complex models for stock analysis and asset allocation [8] - The market is currently experiencing a phase where investors are enthusiastic about AI, but there is a need to match asset quality with pricing to avoid volatility [9] - As the market matures, the focus will shift from thematic investments to fundamental-based investments, with a need for caution as valuations may reach their limits [10]