QQMG ETF

There are wide-ranging implications for other sectors and industries related to deployment of AI. But AI's intersections aren't limited to the worlds of business and finance.

Over the past few years, investors and regulators have increased scrutiny of greenwashing. That is  boasting about ESG credentials when there's not meat on the bone or misrepresenting ESG in fund form.

With artificial intelligence expanding at a rapid pace, so are related regulatory concerns. Regulators around the world are grappling with how to oversee AI without stifling innovation.

Investors who feel that sustainable and environmental, social, and governance (ESG) investing isn't getting as much attention as it did a couple of years ago are probably on to something with that sentiment. Perhaps that's a good thing, considering the political vilification endured by ESG investing over the past few years.

It appears much of the backlash and political vitriol aimed at ESG standards and investing is calming a bit. But there's no telling when those flames could be reignited.

There is still a compelling argument for investing in stocks with strong sustainability characteristics. However, it can be challenging for some investors to find multiple options that meet this criteria.

In a perfect world, companies would adopt ESG in the essence of doing the right thing and proving altruism. However, that's not always the case.

The industry-level applications of artificial intelligence (AI) are potentially limitless, and renewable energy is among the areas ripe for a broader embrace of AI. There are inklings that the intersection of AI and clean energy is increasing and will continue doing so over the long term.

Broadly speaking on both counts, ESG funds posted solid returns last year. But many investors pulled capital from these products with some actively managed funds being the most afflicted by outflows.