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Author Topic: AI, Robotics ETFs Are More Popular Than Crypto in 2023 - Bloomberg  (Read 162 times)
bitmover (OP)
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July 19, 2023, 05:41:04 PM
Merited by stompix (1)
 #1

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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July 19, 2023, 06:04:31 PM
 #2

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.

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July 19, 2023, 06:50:25 PM
Merited by The Sceptical Chymist (3), o48o (1)
 #3

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.

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July 19, 2023, 06:57:25 PM
 #4

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.

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July 19, 2023, 07:04:50 PM
 #5

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.

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July 19, 2023, 07:09:28 PM
 #6

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?
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July 19, 2023, 07:24:07 PM
 #7

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.

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July 19, 2023, 07:30:24 PM
Merited by bitmover (2)
 #8

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!


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July 19, 2023, 07:45:35 PM
 #9

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?

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July 19, 2023, 07:59:09 PM
 #10

~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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July 19, 2023, 09:56:54 PM
 #11

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.

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July 19, 2023, 10:11:14 PM
 #12

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.
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July 19, 2023, 10:27:56 PM
 #13

"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/

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July 19, 2023, 10:43:30 PM
 #14

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.

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July 19, 2023, 10:46:05 PM
 #15

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. 
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July 19, 2023, 11:04:47 PM
 #16

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.

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July 19, 2023, 11:49:24 PM
 #17

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.

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July 19, 2023, 11:52:33 PM
 #18

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.

R


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July 20, 2023, 12:58:25 AM
Last edit: July 20, 2023, 01:17:17 AM by icalical
 #19

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.

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July 20, 2023, 01:11:43 AM
 #20

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.

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