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Topic: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg - page 2. (Read 166 times)

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
Just people sensationalizing things again and again as usual. The truth of the matter is that (and I know everyone knows this) just cause it's not being talked about more doesn't mean that people jumped ship already. Bloomberg right here's making us think that crypto is gone for in favor of other more recent technological advancements without providing proper context. The industry's still pretty much running strong with no signs of stopping. Why are they not talking about that? Pretty sure they're doing all of this to sell more clicks and have people subscribe to their newsletter lol.

Sure, investors are setting their sights on AI, but that's not to say they don't pay attention to crypto too! Web3.0 is almost afoot, with multiple enterprises within and outside this industry adopting blockchain technology to make it happen, does it look like crypto is dead?
legendary
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Blackjack.fun
I would like to stick to the old one. I mean cryptocurrency. AI is a new technology and it hasn't been around for long like cryptocurrency. AI is a fascinating technology not gonna lie, but just as always, trends tend to fade away after some time.

AI has been around since the 60's and saw billions in investments in the 80s, it's the complete opposite, cryptos are the newborn in this instance!

Also, AI has been around us for decades and you use it even without knowing, Google searches and recommendations are AI, games are driven by it, and drones and toys have it, virtual assistants have been around longer than crypto, and so do programs in every field from finance to agriculture some people misunderstand and mislabel things, they think of AI as something that only answers questions or does stuff for you when you order a human-like robot to do so when the field is actually enormous. And let's not even mention the fact that the article said AI and robotics!, and that's something that basically exists in every single line of production right now!

hero member
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Chatgpt just opened the idea to everyone and it seems like it's something great to have related to AI and these disruptive technology. I wouldn't compare the popularity that AI and the others have compared to crypto.

Because it will eventually change if the bull run kicks in and from there, we will see people getting interested back again on this market because wherever the money is, people talk about it.

But it's true that there are projects that are connected to AI and to crypto and that's why investors that are into it, gets something from it and invests while many are still in its infancy.
sr. member
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I would like to stick to the old one. I mean cryptocurrency. AI is a new technology and it hasn't been around for long like cryptocurrency. AI is a fascinating technology not gonna lie, but just as always, trends tend to fade away after some time. Only those will be left with us which is the best. It is quite difficult to figure that out at the beginning of anything. This popularity is because of the hype that it has created and people are supporting it.

It is not bad to take risks and invest a little in AI. Why waste time choosing between two when we can just use both? I like your idea. You never know until your try, right? If you have the ability to invest, then why stop?
hero member
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I think there are a lot of reports and news that aim to increase certain trends, and that's not something surprising. I think these two things (ETF AI and cryptocurrencies) can go hand in hand with the various benefits one gets when investing in both. But that returns to each individual to choose to follow the trend that is happening or just to be curious.

Most of us will choose the easier way of Investing in Real Estate and in Crypto. Or divide the reserve funds into AI and robotics to treat curiosity.
hero member
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A.I was never popular like this, not until ChatGPT got into the public space last year December and blew our minds, and many people fall in love with the concept of A.I due to its outstanding performance in answering whatever questions been asked accurately, coupled with lots of tutorial videos on YouTube that taught people how to make money using A.I which got lots of views, and made the interest in A.I blow more and more till this present day. Because as it stands now, you can't talk about A.I without making reference to ChatGPT which was the first A.I that went viral and blew our minds. So it's okay A.I is dominating the tech space this 2023 just like crypto dominated in 2021 and likewise NFT's in the middle of 2021-2022.
legendary
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Blackjack.fun
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.

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.
hero member
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Well, it's not really as if most crypto investors are selling off and abandoning their crypto and channelling their funds to AI and robotics, but many crypto investors still have their assets intact but probably want to take a shift to something trending, which is not really a bad endeavour. Perhaps there's one law of investment that says that we should not only put our investments in one place.
There was a news story I read where one man was talking about an investment offer that was suggested to him about ten years ago. He said if he had invested just $1k back then, it would have been more than $100 million today. So, I just agree that we can give some new trending technology a try, perhaps not investing every fund we have in it, but just some. One can never tell; it might be worth a fortune in the future too.
legendary
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bitcoindata.science
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
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