Let's face it. The population is aging as lifespans increase and birth rates plummet. There will be more and more retirees and fewer people producing goods and services. And labor costs are rising. Companies chase lower labor costs by moving jobs to less expensive countries. But then labor costs begin to rise in those countries as well.
The Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) is a new fund that allows investors to gain exposure to companies that may profit from these macro trends.