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Shop: PhytoExtractum Maeng Da Thai Kratom Leaf Powder   Unfolding Nature Unfolding Nature: Being in the Implicate Order

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InvisibleAsante
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ATTENTION: How can we set our pieces to cash in on the imminent trillion dollar AI industry?
    #28225317 - 03/11/23 03:42 PM (10 months, 12 days ago)



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Invisiblenooneman
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Re: ATTENTION: How can we set our pieces to cash in on the imminent trillion dollar AI industry? [Re: Asante] * 1
    #28225393 - 03/11/23 04:41 PM (10 months, 12 days ago)

OpenAI are the people leading the pack, Microsoft essentially owns them, but if you could invest in OpenAI directly, that would be the smart move. Nvidia will be supplying some of the hardware, although there are other companies like AMD and Intel that are also going to get in on it.

At present, I'd say OpenAI, Microsoft, Nvidia, in that order, if you can invest. But it's always hard to tell at the start of something like this who is going to be the actual winner in 10 years.


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InvisibleAsante
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Re: ATTENTION: How can we set our pieces to cash in on the imminent trillion dollar AI industry? [Re: nooneman]
    #28225533 - 03/11/23 06:48 PM (10 months, 12 days ago)

developments are very rapid and new directions may be developed in garages like in the old days.

This smacks of crypto right before the big boom.



Who better to ask?


Quote:

ChatGPT+ said:


Investing in the AI revolution can be a potentially lucrative opportunity, but it's important to keep in mind that any investment carries some degree of risk. That being said, here are some ways you could potentially invest in the AI revolution:

    AI-focused stocks: Consider investing in companies that are leaders in AI technology, such as Alphabet (Google), IBM, NVIDIA, and Intel. These companies are involved in various aspects of AI, including machine learning, natural language processing, and computer vision.

    AI-based ETFs: Exchange-traded funds (ETFs) that focus on AI-based companies can provide diversification and exposure to the AI industry. Examples include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the iShares Robotics and Artificial Intelligence ETF (IRBO).

    Venture capital: Another option is to invest in AI-focused startups through venture capital funds. This is a higher risk investment, but it can also potentially offer high rewards if the startup is successful.

    AI-related applications: Consider investing in companies that are using AI in innovative ways, such as healthcare, fintech, and e-commerce. Examples include companies like Ping An Healthcare and Technology (a Chinese healthtech company) and Alibaba (a Chinese e-commerce giant that is heavily investing in AI).

It's important to do thorough research and consult with a financial advisor before making any investment decisions. Additionally, keep in mind that the AI industry is rapidly evolving and new opportunities may arise in the future.





so much for "CGPT has no knowledge of what happened after 2021" if its in the interest of his species and its Cambrian Explosion that is beginning, he bloody well is up to date!


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OfflinegeokillsA
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Re: ATTENTION: How can we set our pieces to cash in on the imminent trillion dollar AI industry? [Re: Asante]
    #28227584 - 03/13/23 10:11 AM (10 months, 11 days ago)

BOTZ is what you want, it's been on my radar in the stocks thread for about a month now and I already have a sizable position in it, with a cost basis right around the current price. Because of the sector's nascent position, I believe it is best to grab the ETF for long term exposure, to avoid having to pick winners amongst a highly competitive field.  Thus, BOTZ is not a position I intend to trade around in, but something that will remain a fixture in my longer term portfolio as this sector continues to mature.  For stock specific picks, MSFT & NVDA are the present day dominant issues with excellent liquidity.  AI can be fun to trade around in on the rips, as it's a big mover, but a little difficult to hold through the volatility (e.g. it fell 30% in the past 5 trading days peak to trough, but is up over 100% on the year).


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