Moonlight23
2023-02-25

AI has long been a controversial subject, be it among the tech community, or those looking to invest in it. It has generated both arguments for and against it: the fear of sentience of our creations; the amazement of the amount of data that it is able to process; and the knowledge it is able to synthesize and package from it, constantly refining itself and learning from the ever growimg wealth of data fed into it. 

The advent of ChatGPT marked a new era for AI, that which brought it into the hands of the masses, enabling us, the everyday worker, to experience AI, a concept which used to be as foreign as going to the moon, firsthand. It has therefore expectedly generated much hype, especially among the uninitiated, retail investors. This led to tech stocks focusing on AI to moon, and conversely, those which attempted AI but failed at it, to plunge (condolences Bard). However, it is important not to forget that the underlying fundamentals of investing does not change: a strong company, with a wide financial and technical moat, is more likely to survive large changes in the industry, particularly if they are willing to adapt and shift with the rise and fall of the tide. It is vital then, that we keep a lookout for signs that such companies are adopting positions which seem unfavourable to our beliefs of AI, and reconsider our investment positions in light of that

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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