You will lose out as long as you do not embrace AI and its powerful potential?
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$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ $VanEck Semiconductor ETF(SMH)$ $Technology Select Sector SPDR Fund(XLK)$
Yes over the past year, every single company in this whole world seem to be jumping on this AI bandwagon, whether it makes sense for their business moat or not. As long as u slap AI somewhere in your company description, the stock price has likely went up from before.
However, the AI processes has different stages and now the key has shifted to which stage is the most lucrative and potential. So involving in AI is no longer enough, you have to be invested in the right stage at the right time.
With that said, I do believe that certain sectors of the economy still would survive without AI input as they just do not require it as its is a manual labor intensive or its just a task that needs a human to complete. Yes AI is groundbreaking in terms of improving processes and efficiency, but we should work with it hand in hand, and not letting it replace us.[Anger]
@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]
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