Investors are underestimating AI. But the real challenge is diversification, this strategist says.

Investors are buzzing about AI, especially after the success of tools like ChatGPT, but HSBC's global chief investment officer argues that many are still not fully appreciating its potential. The real challenge, according to this strategist, lies in diversifying investments across different AI sectors to mitigate risks. This insight is crucial because a well-diversified AI portfolio can better weather market fluctuations and capitalize on the technology's widespread applications, from healthcare to finance.