Keep an eye on these emerging “moonshot” technologies.
Since the dot-com bubble of the early 2000s, new, complicated and often incomprehensible technologies have rapidly emerged and firmly rooted themselves in everyday life, like one-click online shopping, Facebook friends, and fully electric, self-driving vehicles. Today, technological transformation progresses faster than humans can comprehend, and investors should take note. Since the 1990s, more than $56 trillion in new wealth has been created through equity markets, but only 1.5% of companies account for that wealth creation, many of them fabled technological disruptors like Microsoft Corp. (ticker: MSFT), Apple Inc. (AAPL), Facebook Inc. (FB) and Amazon.com Inc. (AMZN). What’s the next major trend? A recent report from Bank of America Global Research recommends that investors place these seven “moonshot” technologies on their radar, ranging from the inevitable to the seemingly impossible.
This article originally appeared at U.S. News & World Report.