Comment by mysterypie

5 hours ago

> allocating a large part of my portfolio into AI companies

Even if you were certain that AI would take over virtually everything, the problem is deciding which AI companies to invest in. Thinking back to 1996, just when this new thing called "the web" was gaining tracking and assuming you were certain it was going to be huge, what companies would be the best investment? A lot of the companies doing web stuff went nowhere. Many of the biggest successes didn't even exist in 1996. It's not obvious which (if any) AI companies are worth investing in even if you're positive that AI is the future; the current companies might be massively overvalued; the best AI companies might not even exist yet.