With all the hype surrounding AI, there's no question investors want to figure out how to play the trend beyond companies like Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL). In fact, earlier this summer, BlackRock named AI one of it's "mega force" trends. In an interview with Yahoo Finance Live BlackRock Global Fixed Income Chief Investment Officer Rick Rieder discussed how difficult it is to predict who the AI winners are gong to be. "It's not an easy investable universe today. You think about when the internet developed and there was maybe too much speculation, but there were a lot of different parts you can invest in. This one is tricky to get invested in," Rieder says. Rieder thinks there could be "some acquisitions, some consolidation" in the space and that they are also trying to assess not just who will be the winners, but "whose business is cannibalized here."
