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72% of Analysts Expect AI to Have Limited Impact on Corporate Profitability This Yr: Survey
Recommend 21 Positive 48 Negative 7 |
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Fidelity International released its annual analyst survey report, which collected the views of 112 analysts from Fidelity's global analyst team to seize investment trends for the coming year and beyond. 72% of analysts expected AI to have a limited impact on corporate profitability in 2025, implying that it will take several years for the full potential of AI to be manifested. While some analysts said the companies they studied already benefitted from back office and customer service jobs, they are still in the early stage of improving productivity. More analysts foresaw companies to expand AI-related spending this year than considerably expand their use of AI technologies. This is partly because software vendors bundle unwelcome AI features into existing products, or because R&D spending increased. Analysts expected sectors such as technology, financial and communication services to be more likely to increase spending on AI. However, analysts projected AI to have a positive impact on corporate profitability within five years, with the greatest potential in the healthcare and financial sectors, for example, in practical applications such as medical imaging, streamlining drug development and sales processes, lending, credit scoring and software upgrades. Analysts also emphasized the importance of careful selection of companies to invest in, with 28% of analysts reporting a wide range of valuations for the companies they study. AAStocks Financial News |
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