By Eric Parnell, CFA on June 18, 2025June 18, 2025 AI is poised to be a transformative economic force, revolutionizing industries by automating routine tasks, increasing productivity and creating new investment opportunities. Infrastructure demands from AI (like energy needs) present investment potential, but municipalities currently play a limited direct role; overall AI enables faster data processing and decision making, enhancing business profitability and operational efficiency The evolving economy involves reshoring select industries with higher value jobs, balancing efficiency with national security and supply chain resilience, while displaced workers typically find new roles aligned with their skills. MoneyMattersTV is a 30-minute business program, produced and distributed by Comcast and available in over 680,000 homes in the greater Philadelphia region. The purpose of the show is to encourage investors to think calmly and rationally, refresh their perspective on the long-term and recent history of the market, and encourage them to review their investment strategy. GVA was honored Eric was invited back to the show, and we are thrilled to share his segment with you. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted. Mike Dever, Eric Parnell, Jeff Watkinson and any guest speakers are independent entities and not affiliated with Great Valley Advisors or LPL Financial. MoneyMattersTV, Great Valley Advisors and LPL Financial are separate entities. Compliance Tracking # – 754034 Eric Parnell, CFA Chief Market Strategist Eric Parnell is the Chief Market Strategist for Great Valley Advisor Group. Eric applies his expertise in finance and economics to manage multi-asset portfolios, mitigate risk, deliver advice that promotes informed decision-making, and facilitate investors achieving their short-and long-term investment goals. He leads the GVA Asset Management platform overseeing the management of asset allocation models for GVA advisors and their end clients. See Full Bio