Chanticleer

This is how the magnificent seven’s bubble could burst

Artificial intelligence will reshape markets and economies in the next five years, according to Bank of America. But today’s tech giants might not be the biggest winners.

Jan 27, 2025 – 10.17am

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Predictions, as American baseball legend Yogi Berra famously said, are tough – especially about the future.

But Bank of America’s attempt to imagine the big forces that will shape the investment world in the next five years is a fascinating look into the future. At the very least, it should get investors thinking about what their portfolios look like now, and what they may look like in the year 2030.

James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine.