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Author Topic: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg  (Read 163 times)
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July 20, 2023, 11:09:44 AM
 #21

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.

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July 20, 2023, 02:13:15 PM
 #22

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.

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July 20, 2023, 02:18:10 PM
 #23

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.

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July 20, 2023, 05:44:43 PM
 #24

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.

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July 20, 2023, 07:28:50 PM
 #25

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.

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July 25, 2023, 09:38:07 AM
 #26

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.


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July 25, 2023, 02:27:06 PM
 #27

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.

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July 25, 2023, 02:32:18 PM
 #28

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.

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July 25, 2023, 03:29:03 PM
 #29

~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.

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