The report, which was issued to clients, also implies even if our world was an illusion, we would never know about it.
Bank of America Merrill Lynch backed up the claims by citing comments from leading philosophers, scientists and other thinkers.
In the 1999 film The Matrix, humans live in a simulated reality created by machines to control the human population.
“It is conceivable that with advancements in artificial intelligence, virtual reality, and computing power, members of future civilizations could have decided to run a simulation of their ancestors,” the report stated.
The analysts took inspiration from inventor and SpaceX founder Elon Musk, who believes there is a high probability the world is part of an artificial intelligence created by a future civilisation.
Its claims also appeal to the work of a philosophy professor from the University of Oxford. In 2003, Professor Nick Bostrom concluded there is significant possibility we “live in a simulation”.
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Source: Belfast Telegraph