1Yr·

What do you think about $AI (-1%) Is anyone already investing in it. Do you think they will be taken over by one of the big tech companies or simply thrown out of the competition or something with a future.

3 Comments

MrMister@MrMister

1Yr

AI is far too expensive for many companies. It was a boom and it's going away again. At the moment, AI in the stock market is not yet ready to create new knowledge and expertise, only to replace processes. Of course, employees will be laid off for AI, but sooner or later, licensing by subscription will lead to employees instead of AI again. That was the case 10 years ago and will happen again. Which will of course lead to a slump in the market. From a current perspective, however, I still see a small boom in the share environment until the end of 2024. You just have to remember that the AI field is being served by companies outside the equity bubble and that added value is actually being created. Even if you only look at the USA, Germany is experiencing considerable growth in this sector among SMEs and large corporations (GmbHs), so that AGs are trying to copy the innovation, with moderate success. Nevertheless, you can always invest in Microsoft or Apple. I'm doing quite well with the Ishares Nasdaq100 Etf and Ishares MSCI World IT Etf.

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sergej@wifeylover

1Yr

@MrMister That's why C3.ai would be just right for these companies if they provide them with the AI tools

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MrMister@MrMister

1Yr

@wifeylover Why should companies like Miele and Claas Meyerwerft do this? Their progress makes them market leaders. Even without a stock corporation. These companies are in such demand that stock corporations want to see how things are done properly. Where do they make a significant contribution: - Autonomous driving - IoT - Sustainability - AI The technological advances are already bundled in East Westphalia and presented on platforms. Know-how and value creation must not be downgraded. In the past, it has often happened that companies have simply been bought.

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