Perspectivist
@Perspectivist@feddit.uk
Freedom is the right to tell people what they do not want to hear.
- George Orwell
- Comment on Reddit users in the UK must now upload selfies to access NSFW subreddits 5 hours ago:
This applies to every single site that hosts adult content - not just reddit.
- Comment on Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist 6 hours ago:
Asking investment advice from a system that’s designed to do nothing else but generate natural sounding language based on probabilities is pretty stupid.
That being said, what’s wrong with this answer? I think it’s more or less a good and balanced take.
Here’s the first half of it that I left out:
spoiler
>“AI” as an investment isn’t one thing—it’s more like a category of bets, ranging from hardware to software to services, each with wildly different risk profiles. So the honest answer is: yes, it can be a good investment—but only if you understand what you’re actually investing in. > >Here’s why that nuance matters: > >Buying Nvidia stock in 2019 was a good AI investment. Buying it now, after a 10x run-up? Much less clear—it’s priced as if they’re the sole arms dealer in a forever war. > >OpenAI, Anthropic, etc. aren’t publicly traded, so retail investors can’t buy them directly. Instead, you get exposure via companies like Microsoft, Amazon, or other backers—meaning you’re not really investing in “AI” directly, but as part of a much broader bundle. > >AI startups and ETFs are all over the place—some are thinly veiled hype vehicles chasing trends, while others are building real infrastructure (like vector databases, chip design tools, or specialized AI services). Picking the wrong one is like investing in Pets.com during the dot-com boom—it sounds techy, but the business might be garbage. > >Thematic ETFs like BOTZ or ROBO give you AI exposure but are diluted by their attempt to hedge across subsectors. They tend to underperform when compared to cherry-picking the winners.
- Comment on Wall Street’s AI Bubble Is Worse Than the 1999 Dot-com Bubble, Warns a Top Economist 9 hours ago:
I’m unable to replicate your results. I get a long and nuanced aswer. Mind sharing the answer you got?
When I asked the same thing the conclusion was:
So is AI a good investment? The sector has long-term potential, especially in areas like chip manufacturing, enterprise automation, and maybe foundational model licensing. But it’s also deeply speculative right now, with prices reflecting hype as much as earnings.
If you’re thinking long-term and can stomach volatility, AI is worth including. If you’re chasing short-term returns because you think “AI is the future,” you might be buying someone else’s exit.
- Comment on Forget copyright strikes, a retro gaming YouTuber faces possible jail time for reviewing gaming handhelds 10 hours ago:
It’s a bit sensationalist to say someone “faces possible jail time” just because the maximum sentence for breaking a law is up to three years in prison. Also, he’s not being sued for reviewing handheld gaming devices - it’s about the ones shipped with copyrighted content.