Artificial intelligence, but not apps, tools, and headlines. The development of artificial intelligence is driving massive investment in data centers, servers, cooling, and power, so we're facing a multi-year infrastructure cycle. From an investor's perspective, it's worth remembering that even if specific AI applications fade from popularity, demand for energy and data centers will remain. So it's worth considering broad exposure to technology infrastructure, not just individual AI applications.

Energy storage. The development of wind and solar energy makes energy storage essential for the stable operation of energy systems. It's worth considering instruments related to energy storage and grid management. Without storage, further development of renewable energy sources (RES) is limited, so demand for these solutions is not temporary. You can consider broad energy ETFs that include storage, or thematic ETFs for energy and infrastructure.

Nuclear energy. More and more countries are returning to nuclear energy to ensure stable energy supplies in the long term. It's worth considering energy-related and infrastructure-related instruments with a long-term horizon. Nuclear energy represents projects lasting decades, not short economic cycles. This trend sees decisions made at the national level, not the market, typically resulting in more stable and long-term capital flows.

Raw materials. Copper, lithium, nickel, and graphite are essential for the energy and digital transformation, and their supply may not keep up with demand. It's worth considering exposure to industrial commodities as part of a long-term portfolio, as many technologies cannot thrive without them. Demand is driven by real economic needs, not investment trends.

Automation and robotics. Companies are increasingly replacing human labor with machines to maintain efficiency and control costs. Robotics and industrial automation are worth considering, as aging populations make automation a necessity. This is one of the few trends that works in both periods of economic growth and economic slowdown.

The silver economy. The number of people over 60 or 65 keeps rising, and that naturally changes what the economy needs. More healthcare services. More long-term care. More senior housing. More medications and financial products designed specifically for retirees. This “silver economy” isn’t driven by hype or investor excitement. It’s driven by real life.

Longevity economy, which focuses not just on living longer but on staying healthy, active, and independent for as many years as possible. It encompasses preventive healthcare, diagnostics, medical technologies, a healthy lifestyle, biotechnology, solutions that support independence, as well as products and services for people aged 30, 40, and 50+ who want to remain active for many years to come. Most of us don’t just want extra years - we want good years.