If you are investing in AI, you need to approach it differently than everyone else…
There is a lot of hype around FAANG stocks at the moment. Personally, I would completely avoid them…
An interesting angle would be investing in the infrastructure needed to build and maintain ai.
One of these would be so-called Systems of intelligence
Toyato’s or Ford’s production line are automated processes which have been deeply integrated with other parts of the company to create incredibly strong competitive advantages, or “moats”.
A system of intelligence requires four components to be successful:
• Data-driven product design
• Domain expertise
I think interesting opportunities will arise when these elements are mixed together.
E.g. a piece of software which maintains automated data hygiene…
Finally, it’s worth remembering that ai isn’t this crazy, new, ephemeral thing. Very basic ai has been around for years in factory automation. Look at those factories and their processed. Then see if you can find an ai company in the twentieth century equivalent!