Thought Capital

Where to Next for Generative AI?

How Polen’s Large Company Growth team distinguishes robust investment cases from the hype in a rapidly growing market.

Portfolio Managers Dan Davidowitz and Steve Atkins examine the explosion of Generative Artificial Intelligence (Gen AI) technology and the implications it may hold for investors.

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Video Highlights
  • 0:35    Separating traditional AI from generative AI
  • 2:06    Outlook for hyperscale cloud companies
  • 4:29    Microsoft’s position vis-à-vis Amazon and Google
  • 5:35    How Adobe and Accenture seek to monetize AI
  • 6:34    Our pursuit of the “obvious” investment cases
  • 7:55    Implications for the future of search
  • 9:12    Is Nvidia’s growth sustainable?

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Cloud service providers have many interesting permutations of Gen AI that we think are attractive because they represent repeatable, recurring revenue.

Dan Davidowitz, CFA
Portfolio Manager & Analyst, Large Company Growth

Important Disclosures

This information is provided for illustrative purposes only. Opinions and views expressed constitute the judgment of Polen Capital as of February 2024 and may involve a number of assumptions and estimates which are not guaranteed and are subject to change without notice or update. Although the information and any opinions or views given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness or accuracy. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions. The views and strategies described may not be suitable for all clients. This video does not identify all the risks (direct or indirect) or other considerations which might be material to you when entering any financial transaction.

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Accenture, Adobe, Alphabet, Amazon, and Microsoft are holdings in Polen’s Focus Growth and Global Growth portfolios as of December 31, 2023. Accenture is also a holding in Polen’s International Growth portfolio as of December 31, 2023.

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