Is AI a Threat to S&P Global? The Answer May Surprise Investors.
Many investors feared AI could eventually disrupt S&P Global's business model. But the opposite may happen instead.
Is AI a Threat to S&P Global? The Answer May Surprise Investors.
Overview
When artificial intelligence (AI) first took off, many investors assumed companies like S&P Global (NYSE: SPGI) could eventually face disruption.
The concern seemed logical. If AI can summarize earnings reports, analyze financial statements, and answer financial questions instantly, why would investors continue paying for expensive data and analytics platforms? That fear pressured sentiment around several financial information companies over the past year.
Details
But the market may have underestimated the sources of S&P Global's real competitive advantages. Ironically, AI could strengthen the company's moat rather than weaken it.
Source
Originally published at www.fool.com.
