The Stocks and Savings Podcast 26. How Can I Invest In AI Stocks And Funds? And Should I? Diving Into The World Of Artificial Intelligence And Investing
Oct 4, 2023
Explore the thrilling world of artificial intelligence and its impact on stock investments. The hosts delve into the surge in AI stocks, highlighting key players like NVIDIA and the renewed optimism in tech. They discuss the complexities of investing in AI-related funds while emphasizing the importance of diversification and risk management. Listeners are encouraged to evaluate investment opportunities critically, weighing the potential versus the market hype. Get ready to navigate the exciting but risky terrain of AI investments!
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What AI Really Means
- Artificial intelligence builds machines that can reason, learn, and act on tasks that usually require human intelligence.
- It often handles data at scales beyond human analysis, enabling new decision-making capabilities.
AI Runs On Algorithms And Data
- AI relies on algorithms and large datasets to learn patterns and improve over time via machine learning.
- Machine learning lets systems improve from experience rather than explicit programming.
ChatGPT Sparked The Recent AI Hype
- ChatGPT's public launch in November 2022 acted as a catalyst for renewed investor excitement in AI.
- Hosts used it for practical tasks, like fixing audio and planning travel, showing its immediate usefulness.