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In reply to the discussion: If You Have Investments in Anything Related to AI, Start Unloading Them. [View all]bucolic_frolic
(53,698 posts)28. I didn't buy Micron at 12 cents in 1984
It's still going. New industries live on capitalism's life cycle, from ideas pitched to venture capital through IPO to growth, consolidation, and more growth. The shares split and split - Oracle split 10 times from 1987 to about 2005. A $3K investment is worth north of $17,000,000 today. And it's that way with the other big companies we know - Amazon, Microsoft, Meta, Google, and more. It's the game that Wall Street doesn't want the public to know about - because they keep the secret hiding in plain sight for themselves. If you work 10 years and bang away investments in the latest growing technologies, you can retire at 30. Bigger return than most any college degree.
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If You Have Investments in Anything Related to AI, Start Unloading Them. [View all]
MineralMan
Yesterday
OP
The problem is not with the product. The problem is the way the FINANCING of the product is structured.
3Hotdogs
Yesterday
#22
IBM and McDs couldn't make an AI menu system work consistently, I doubt others success
uponit7771
5 hrs ago
#54
... cause this time circular financing without organic income is different this time?
uponit7771
4 hrs ago
#61
While I understand your point, I believe AI is more in the over-promised stage similar to right before the Dot.com
artemisia1
Yesterday
#5
Same advice I always give: don't make financial decisions based on buy or sell advice from a DU poster.
onenote
Yesterday
#16
If I took investing advice here, I would have sold everything years ago and hid it in a mattress somewhere
MichMan
9 hrs ago
#52
The problem here isn't whether AI (I hate that name, its so false) will exist into the future, it will
Cheezoholic
Yesterday
#24
There is chatter about how the " large language model" isn't the right one
Klarkashton
Yesterday
#26
Yep, people coming out of Forest Gump likely thought they "missed the boat" with Apple in 1994
fujiyamasan
Yesterday
#30
I think for some of us in our forties we became particularly risk averse after the Great Recession
fujiyamasan
3 hrs ago
#66
The fake-looking generated art and chatbots are but a sliver of what AI is and can do
TheProle
Yesterday
#32
Remember how computers were going to reduce the amount of paperwork we suffered...
hunter
9 hrs ago
#51
Right now Fords engine doesn't work like they said it does, of course sell Ford
uponit7771
4 hrs ago
#57