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Topic: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg (Read 166 times)

legendary
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~snip~
Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

It is quite logical that AI has become something around which companies and individuals try to generate profit and the media has raised it to the highest possible level because they understood what it is about. At the moment, everything related to AI far surpasses everything related to cryptocurrencies, and when we look at how easy it is to use this technology compared to cryptocurrencies, then it should not be surprising to us that the average Joe has a greater fascination with AI than with Bitcoin, especially when the price of BTC has been quite static in recent months.

The only question is whether the AI bubble will start to deflate at some point, because people quickly get bored of everything and are always looking for something new to occupy their attention.
legendary
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
https://www.bloomberg.com/news/articles/2023-04-03/ai-and-robotics-etfs-are-more-popular-than-crypto-in-2023


Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI

You should expose 70 to 80% of your portfolio to Bitcoin BTC only.

Yes, there is a trend of AI these days but that does not mean that we should invest our coin in AI. Does ChatGPT have its coin? Does Google Bard have its coin? The simple answer is NO.

You should know that most project claiming to be AI based has nothing to do with AI and they are here only to collect your money. So, you can go with the trend but keep in mind that the king is only Bitcoin.
legendary
Activity: 3248
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I agree with the op that AI's influence seems likely to be wider than that of cryptos. With all the recent developments of AI, we can see that it can really change how people work in many areas, including tons of jobs related to working with texts, education in general, but also potentially graphic design and music production. That is already huge, and perhaps we'll see big advancements in other AI areas in the future as well. Cryptos are good but relevant in the financial sector only, whereas AI directly affects a lot of areas, so I'm not surprised that many look at those projects as more promising.
legendary
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Is is about robots? I have seen movies by Will Smith and some great actors in sci-fi technological movies that is dated for 2045ish. The future was already imagined and humans used such movies to map out the future advancement that is now becoming a reality.

While most people think of Star Wars and I, Robot when it comes to robotics, most of the money flows to these:


Screencapture is from this video.

Robotics doesn't mean only human robots, it means robots that right now actually build modern things you see around you, factories are full of them from the ones doing complicated tasks in creating electronics to ones slicing salami and packing Doritos, all are robots .
And the difference between the numbers invested in this industry and cryptos are just a world apart.

hero member
Activity: 1666
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I was having a presentation to make and I happen to use chatGPT for the first time for the presentation and it was actually very helpful, and I think I would be using it again for my presentation, I think the effectiveness of artificial intelligence is what makes it very popular and useful.

But it would take more for artificial intelligence, Robotics ETFs to be more popular than crypto-currency, the world is advancing so yes it may stand a chance in future but now I don't think so.
hero member
Activity: 1414
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI
This is just another trend like DeFi, NFTs, Ordinals, etc. But like others it also contains many projects who are in the market to just scam and rug pull. Because there agendas are to scam people's money. But like other projects there are also many legit projects too. So to differ them from each other and choosing the one which would stay longer then we anticipate.

We have to observe the market as new trends always give something big and also become a reason of losing something big too. So, invest in such platform with only what you afford to lose. And i don't find these ETFs good investments. But the one which will be available on NASDAQ because the trust, and volume will be higher there. Which means more liquidity. But still, i am not one of those who trade in stocks like AI and ETFs like in stocks.

Overall, i am more like a crypto enthusiast and only wanted to put my investment in Crypto.
hero member
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
https://www.bloomberg.com/news/articles/2023-04-03/ai-and-robotics-etfs-are-more-popular-than-crypto-in-2023


Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI

This is absolutely expected. After all, for most people, cryptocurrencies are not a hobby like you and me. For them, these are strange algorithms, and news that "bitcoin is dying" or "bitcoin has reached a new price high." But robots and artificial intelligence are very much in trend now. Hundreds of projects are released every month, including those related to cryptocurrencies, which move forward the progress of the AI topic. It's both scary and wonderful. I still don't see an organization that could strictly restrict the rights of AI-created products. This is a unique legal practice that requires restrictions.
hero member
Activity: 854
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Well that's make sense, AI and robotics topic is hype in this year, while crypto is hype during 2017-2018, actually the current shitcoins hype is using AI and robotics topic too. Bitcoin is always developing and the adoption will increase, but it's not that hype since many people already know about Bitcoin.

I think people are scared their jobs could be replaced by AI and robotics, instead of that they want to learn at least about AI.
legendary
Activity: 1596
Merit: 1288
We must differentiate between the artificial intelligence market, which is represented by companies that give a final product, which is products of better quality than traditional methods and can have multiple uses, and between cryptocurrency AI tokens, these tokens are a pumpdumpcoin, which moves according to news, not good products. High-quality or professional Photoshop services. All the company needs is to create premium accounts, and you pay to get these services. There is no need for cryptocurrency here. Robotics is an expanding field, and artificial intelligence adds additional value to it. It is a model for companies that offer useful robots to the industry because it gives high efficiency and without a human or mechanical element, which reduces costs and thus a good opportunity for the rest of the industrial sectors. Again, these companies do not need to create tokens or blockchain because they sign annual contracts.

All end products of artificial intelligence companies do not need to create tokens, so buying these tokens is nothing more than a blind investment without thinking.
hero member
Activity: 2814
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
https://www.bloomberg.com/news/articles/2023-04-03/ai-and-robotics-etfs-are-more-popular-than-crypto-in-2023


Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI
It should not be that surprising, as good as bitcoin can be the competition it is facing is no small at all, as it has to compete against governments, fiat currencies, CBDCs and banks, so while the technology is innovative its opponents are some of the strongest you could find.

While AI is as we know the future and whoever gets a lead now will probably retain it for decades to come, which is why we are seeing a massive amount of investments being directed at this industry at the moment.
sr. member
Activity: 1400
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I don't think it's surprising, with the ChatGPT boom last year, everyone now want to be involved in AI. I also heard that all those supposedly crypto influencer turn into AI influencer in one night. There is one good thing tho, those crypto scammers will now turn their eyes to AI.

On a serious note, I think AI and Crypto can run side by side and support each other. Maybe developers could start using AI to make a better blockchain product that actually solve some real problems.
legendary
Activity: 2758
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
https://www.bloomberg.com/news/articles/2023-04-03/ai-and-robotics-etfs-are-more-popular-than-crypto-in-2023


Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI

Its just an speculation by those people who also got hype by AI thing, but for sure once all settle up and crypto get a good run especially when halving season came for sure they starting to cover up crypto again. Remember that media goes something what people interest since they are so earning with views so provably they are creating something that might catch some attention to the people who's finding new things to adapt.
legendary
Activity: 3024
Merit: 2148
Is it surprising? A lot of stuff is more popular than crypto. Crypto is an unorthodox investment for a good reason - it doesn't yield any results. You only profit from crypto because its price experiences a market bubble, not because it attracts so many users that the value grows organically. That's why cryptos crash, while successful tech companies don't - the tech companies actually have value.
legendary
Activity: 3052
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Does an AI company need to launch a token in order to have an AI product? NO!
Do these hype token issuers first launch the token and then think of the actual product? YES!

So, what's the point of investing in those tokens that just go up and down by the market hype and do not relate to the actual product or company one bit? I see those tokens as nothing more than the usual wave of shitty ICOs when every single thing that made the news suddenly had a token for it, car sharing, home rentals, mining, agriculture, pharmaceutics, every single time we had some tokens for it, and they all went to dust! This will happen to those also!

Do we actually have one, just one real success story?

It's pretty normal for people would invest in robotics and AI, there is an endless market building for those products, and the usage of tokens and altcoins is, let's just say limited if not worse. The crypto market is getting oversaturated, and previous experiences are not really helping at all.
While you are absolutely correct, i found it hilarious that before basically dead coins got insane gains from AI hype.

Latest chatgpt hype brought 1647% growth to Deep Brain Chain. Which i myself see as one of the most overhyped and pointless tokens ever that came from ico frenzy era.

But wait, that's not the craziest part. Before chatgpt AI buzz Deep brain chain raised lot more and peaked with 5170% gains if someone managed to sell that peak. So i totally get why some people invest to dead coins just because of the hype. it can be insanely profitable if you don't hodl for a very long time.

And no this is not a sleek advert for Deep Brain Chain, i want to underline to everyone that i think it's total garbage.
legendary
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Quote
AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg

ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows, according to data compiled by Bloomberg Intelligence. ETF Investors Flock to Artificial Intelligence Robotics and AI-themed funds are beginning to pull in money
https://www.bloomberg.com/news/articles/2023-04-03/ai-and-robotics-etfs-are-more-popular-than-crypto-in-2023


Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.

Still looking for good ETF or funds to expose my portfolio to AI

Well, you can really compare crypto and AI. They are two completely different technologies and are not connected in any way. You can't compare let's say credit cards and internet. Both technologies were innovative and big for the time but still they can't be compared. People interested in AI can be the same people hodling crypto. I see no threats for Bitcoin in this new trend. 
legendary
Activity: 3528
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Does an AI company need to launch a token in order to have an AI product? NO!
I'mma second that with "Hell naw, to tha naw naw naw!".  I don't know how a conversation got started about AI and tokenization, but not only is it too early to having said conversation, I don't think one thing has anything to do with the other.  Just like all of those examples from the ICO boom you mentioned.

Do these hype token issuers first launch the token and then think of the actual product? YES!
And man, I thought those days were over.  I remember the ICO mania very well, and it was as if people thought blockchain technology could solve all of the world's problems--at least on the surface it looked that way.  In reality the whole thing was more about enriching the token devs behind all of the idiotic ideas that they had to know would fail.  And all of those bounty hunters that never got paid for the time and effort they spent spamming ICO advertising....somebody slap the entire altcoin section if that shit starts making a comeback.

But it kind of makes sense that money is flowing into AI businesses, because there is genuine promise there and the wild west days have just begun.  I'm not sure why Bloomberg is comparing AI with crypto, however.  I'm guessing they just want to mention two really hot topics in one headline.  Typical journalistic sensationalism.
legendary
Activity: 2282
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"AI" is the most overhyped thing.  I mean I know it's making waves/progress in it's own right, but it's not like it AGI, which will be an actual massive game changer.

I know Microsoft is investing big in OpenAI the company, so indirectly that's a way to invest in AI.  I believe Amazon is heavy in the space as well.  Cathie Wood's ARKK Fund might.  I certainly wouldn't be surprised as it's a "progressive" tech fund, though it hasn't fared very well of late- https://ark-funds.com/funds/arkk/
legendary
Activity: 1666
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Looks like investors looking for new technology trends are now focusing more on AI than in crypto currencies.

Crypto/Bitcoin has been around since 2008. AI has come to public and investor light much more significantly in the last 2-3 years. Of course, a new innovation with more publicity and acceptance by traditional establishments and media than Cryptocurrency, which seeks to disrupt the mentioned.

Although I do think both technologies can benefit each other mutually (like Fetch token and others), AI use cases looks much more wider to me.
Not true.
Artificial intelligence can create an expanse of new intellect, though it is not decentralized and it it does not change what makes the world turn - money. Bitcoin and cryptocurrency keeps our liberties safe. No crypto ecosystem - Larger chance of totalitarian and tyrannyian financial control around the globe.

Still looking for good ETF or funds to expose my portfolio to AI

Not the worst idea. I'll probably do the same purely because AI is going to continue receiving a lot of investment. Not because it's more innovative than crypto.
full member
Activity: 952
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It's very true that AI, Robotics , ETFs are more popular than crypto currency in 2023. I think it is because these industries has endured a long campaign season. What I mean is this, in movies mostly, we have been led to believe how A.I is represented and I must say I am among those who was bewildered when I tried using chat GPT for the first time.  
 
Is is about robots? I have seen movies by Will Smith and some great actors in sci-fi technological movies that is dated for 2045ish. The future was already imagined and humans used such movies to map out the future advancement that is now becoming a reality.

Am still to understand what ETF is all about, but one thing I can say in summary is that,  the success of cryptocurrency made the advancement and development of A.I, Robotics and ETFs possible. We humans, believe we could and we did it.
sr. member
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~snip

Thanks for explaining it to me. I really thought that AI is something as you said, something that we use to ask and get answers. These are the most popular and on the top trend right now. I guess this really proves my point. As long as there are hypes about something, people will only focus on that. But even if AI is from the '80s, it had its prime time before and recent hypes are making it pop up again in people's eyes. I am not talking about those who already knew or were interested. I am talking about every average guy who is looking for an investment plan. It has become quite popular NGL.

Old, new does not matter as long as both are giving you profits, right? But thanks for sharing the information.
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