The self-driving car brings us quickly, safely and efficiently to the office, we can monitor our smart home remotely and our fridge uses digital technology to tell us what food items are missing. These are just three scenarios depicting how Artificial Intelligence will be part of our everyday lives.

We are already using the forerunners of this "vision of the future" as a matter of course. It is primarily smartphones, cloud computing and the associated leap in computing power and storage capacities that are boosting this evolution. Forecasts suggest that automation and technologies of this type will be a routine part of our daily lives as early as 2025 and that the Artificial Intelligence segment will be about 57 times bigger than in 2016.

Artificial Intelligence has the potential to become an engine of growth and innovation in many areas of our lives. AI could enable work processes to be designed more leanly and more efficiently; it could assist in the early detection of illnesses; and generally have a positive impact on all those aspects of our lives where we are normally at risk of human error.

Allianz Global Artificial Intelligence is Allianz Global Investors' first fund to provide investors with access to the potential of Artificial Intelligence. While the fund invests in all aspects of this very wide-ranging topic, it does focus on those companies pursuing resilient and sustainable business models.

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