1 Magnificent Way to Gain Exposure to Cathie Wood's Top Artificial Intelligence (AI) Picks

Artificial intelligence (AI) is, without a doubt, one of the most exciting technology trends right now. The global AI market is about $150 billion in size in 2023 but is expected to reach more than $1.3 trillion by 2030. It's fair to say that this will create some incredible investment opportunities along the way.

However, it can be difficult to figure out which companies stand to benefit the most from AI. Plus, many of the stocks in this group can be extremely volatile. If you're looking to invest in AI but don't feel comfortable choosing individual stocks, then an exchange-traded fund (ETF), like the Ark Innovation ETF (NYSEMKT: ARKK), could be the way to go.

Cathie Wood's Ark Innovation ETF isn't specifically focused on artificial intelligence stocks, but that's certainly where a lot of the innovation in the world is taking place right now. While you won't get a portfolio of AI-specific companies like chipmakers, software giants, and other such direct plays on the development of AI technology, you will get a collection of businesses that could greatly benefit as the technology evolves.

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Source Fool.com