Eventhough we might not know for how much longer having a lot of money will even be something people care about:

Is there anything valid reason not to invest a good portion of your savings into companies involved in AI like Microsoft, Nvidia etc. right now?

I mean who knows what the actual value of money might be in a post-singularity world, but having more money certainly won’t hurt, right?

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confused_vanilla t1_jef2u0e wrote on March 31, 2023 at 3:29 PM

#2,534,453

I always try to stay conservative with investments but I did invest some in microsoft and Nvidia. I would say only invest the amount you wouldn't miss if something goes wrong.

Svitii OP t1_jef7uti wrote on March 31, 2023 at 4:01 PM

#2,536,100

Replying to confused_vanilla (#2,534,453)

I mean, that should always be the rule for any investment.

But I‘m also at least considering investing any disposable income rn

Qumeric t1_jefc25g wrote on March 31, 2023 at 4:28 PM

#2,537,369

Usual reasons. Those companies already have very high market capitalization. They are leading now but can lose the lead later.

I do not say it is a bad idea but it is not necessarily an amazing idea.

Considion t1_jeg7ijk wrote on March 31, 2023 at 7:55 PM

#2,547,286

If AI takes off, it will be used in all sorts of industries. Look at index funds - you could easily bet on the wrong AI horse if you invest in specific companies, but index funds can cover large swaths of the market, and if AI takes off it will affect the whole market.

phriot t1_jegify6 wrote on March 31, 2023 at 9:09 PM

#2,551,049

Leading today doesn't mean that they'll lead in the future. 3dfx and ATI were top dogs for graphics in the 1990s. They both got acquired. Digital Research was an early OS competitor to Microsoft, until CP/M got taken out by PC-DOS/MS-DOS.

I think that a total market index will be sufficient to invest in, because whatever tomorrow's large corporations are, they'll be the ones benefitting from AI. That said, if you want to take a flier, using 5-10% of your net worth (maybe up to 30% if you're under 25) to speculate in individual stocks and/or AI-focused ETFs wouldn't be awful.