Investing for the Future
I know many would not agree with me but Bitcoin is the future just like AI is also the future. With the addition of ChatGPT as well as how Tesla is working hard to get us a driverless car, we will see that in the future more and more companies will be coming up with some or the other use case using AI. Almost every company if they have to stay for long has to adopt it or otherwise they will perish.
PC: Pixabay.com
No matter what "AI is the future" so why not our investment should also take into account that. So as an investor what should we do is start investing some money in the companies like Microsoft (going to own ChatGPT) or Tesla (driverless car) or some other companies working in this area. These companies are working hard or actually innovating hard to get some of the early advantages of having the ChatGPT in front of us. If I talk about Tesla, it's making headlines for the self-driving car but does note that it is only possible because they have extensively worked on AI capabilities. Now think of it, if Tesla tries to build something with that capability, it will be a huge advancement. Now the capabilities are shared among a group of companies like SpaceX, Tesla and even Twitter (not sure how, but can be).
Now coming back to Microsoft, they are literally going to own ChatGPT now and it's a matter of time until the deal gets finalized. And with the addition of that into Azure we can only think of the capabilities it will bring to users all around the world. It might disrupt Google Search too if implemented well.
It's not that there are only these big companies there are quite a few startups working in this domain and if they become big or they can even get sold to the bigger companies but till that time we are only sure about the big players who openly showed us the capabilities of the AI and what it brings to the table.
Let's not forget one such company is Fetch AI which is again a player in the field of AI but on blockchain technology. Now think of a scenario where AI will meet the blockchain and then we can think of a very new world where anything is possible, to be honest.
I am not saying that we should invest everything in these companies because this is the future. They too have their risk and reward but do the research on these companies to see if it fits in your portfolio, if yes then you should buy them.
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