Business & Investing
Sponsored by

Whats yalls thoughts on AI?

3,175 Views | 25 Replies | Last: 18 hrs ago by TTUArmy
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
6:43p, 4/12/24
AG
Other than the usual suspects to invest in


I've long thought genetics and AI would eventually combine for some of the biggest break throughs in the history of science and medicine. I don't know if that's 2, 5 or 10 years out but the pieces are coming together now

So I'm buying ARKG for the long term
Reply Quote
Ozzy Osbourne
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:58a, 4/13/24
There's no shortage of startups working on practical applications of LLMs, and I have yet to see one succeed. Use that information however you'd like.
Reply Quote
1
Complete Idiot
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:36a, 4/13/24
Do you see how people on this board game markets? To day traders it is not so much investing in good companies as it is about playing the system and gaming money out of it - chart and trend analysis with common patterns that get nicknames predicting this or that.

If you can do that successfully, think about what AI can do? AI managing investments might render all the past indicators invalid as well, new patterns will emerge or perhaps it becomes patternless. But I do think AI managing investments, which has to have been going for a while already, will impact markets somehow.
Reply Quote
9
halfastros81
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Ozzy Osbourne • 12:32p, 4/13/24
AG
With regard to managing investments it seems like figuring out how to limit the data that gets searched to good data would be key for AI. Cleaning crap out of data sets seems pretty important. So many dynamic factors enter into it as well . To me it's a tool to help focus human thinking and I'd be afraid to trust it much beyond that. Just a layman's thoughts cuz I know almost nothing about it.

Same goes for broader application I'd think.
Reply Quote
2
1 edit
chris1515
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
6:03p, 4/13/24
AG
I've wondered what happens when AI starts using quantum computing power?

My understanding is quantum computing is far more powerful than existing technology, so wouldn't that supercharge AI?
Reply Quote
2
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to chris1515 • 7:58p, 4/13/24
AG
chris1515 said:
I've wondered what happens when AI starts using quantum computing power?

My understanding is quantum computing is far more powerful than existing technology, so wouldn't that supercharge AI?


I'd like to hear what Roger Penrose would say considering his theory that human consciousness is incalculable and uses quantum effetcs


Physicist and Nobel prize winner, author of some books

Here's a summary of thst book


https://en.m.wikipedia.org/wiki/Shadows_of_the_Mind




Reply Quote
4
1 edit
WestTexasAg
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:01p, 4/13/24
AG
Any smaller AI stocks you guys are gambling on? Obviously, we would have all liked to have bought Nvidia a couple years back. Which stock is next?
Reply Quote
1
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to WestTexasAg • 10:36p, 4/13/24
AG
I did not know what smaller AI stocks to buy I'm just using the AIQ ETF that was suggested on this forum recently
Reply Quote
2
Bird Poo
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to jamey • 4:29p, 4/14/24
AG
jamey said:
Other than the usual suspects to invest in


I've long thought genetics and AI would eventually combine for some of the biggest break throughs in the history of science and medicine. I don't know if that's 2, 5 or 10 years out but the pieces are coming together now

So I'm buying ARKG for the long term


It has a .75 expense ratio.
Reply Quote
RightWingConspirator
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
6:51a, 4/15/24
AG
Not sure if it's the worst, but I got stopped out on MSTR at $290 and never got back in.
Reply Quote
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bird Poo • 9:57p, 4/15/24
AG
Bird Poo said:
jamey said:
Other than the usual suspects to invest in


I've long thought genetics and AI would eventually combine for some of the biggest break throughs in the history of science and medicine. I don't know if that's 2, 5 or 10 years out but the pieces are coming together now

So I'm buying ARKG for the long term


It has a .75 expense ratio.


Yeah, not cheap but I'm OK paying someone .75% to do the homework on a bunch of AI stocks. I don't really have the time
Reply Quote
1 edit
jagvocate
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Complete Idiot • 8:43a, 4/16/24
AG
Complete Idiot said:
Do you see how people on this board game markets? To day traders it is not so much investing in good companies as it is about playing the system and gaming money out of it - chart and trend analysis with common patterns that get nicknames predicting this or that.

If you can do that successfully, think about what AI can do? AI managing investments might render all the past indicators invalid as well, new patterns will emerge or perhaps it becomes patternless. But I do think AI managing investments, which has to have been going for a while already, will impact markets somehow.
Computer algorithms have been trading markets for 15+ years now.
Reply Quote
4
Complete Idiot
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to jagvocate • 8:59a, 4/16/24
jagvocate said:
Complete Idiot said:
Do you see how people on this board game markets? To day traders it is not so much investing in good companies as it is about playing the system and gaming money out of it - chart and trend analysis with common patterns that get nicknames predicting this or that.

If you can do that successfully, think about what AI can do? AI managing investments might render all the past indicators invalid as well, new patterns will emerge or perhaps it becomes patternless. But I do think AI managing investments, which has to have been going for a while already, will impact markets somehow.
Computer algorithms have been trading markets for 15+ years now.
Some form of computer triggered automated trading probably is 40+ years on at this point.

At some point it was proven those programs were better than the average human investor, and that also was a long time ago.

I guess it can be debatable what we call "AI", but I was under the belief automated or algorithmic trading of 10+ years ago was based on data fed in by humans, triggers programmed in based on human findings/research/etc.

AI would be something like discovering trends and patterns beyond what human traders key on, maybe that has already happened to but I haven't heard of it but am also admittedly not well versed on the topic.
Reply Quote
1
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
5:37p, 5/14/24
AG
Penrose may have been right, or at least there's a study that makes it plausible.

Reply Quote
LMCane
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to WestTexasAg • 10:49a, 5/15/24
WestTexasAg said:
Any smaller AI stocks you guys are gambling on? Obviously, we would have all liked to have bought Nvidia a couple years back. Which stock is next?
SuperMicro
Google
Microsoft
Apple
Reply Quote
1
AnyOtherName
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:15p, 5/15/24
AG
If Palantir is not the discussion for AI then I don't know what is. Stealing business from those mentioned ^^^

PLTR
Reply Quote
3
Imsodopey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:43p, 5/18/24
AG
Bought a small amount of IONQ. Very speculative. May take several years.
Reply Quote
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Imsodopey • 8:45p, 5/18/24
AG
Imsodopey said:
Bought a small amount of IONQ. Very speculative. May take several years.


Good find, quantum computing will be key to things that really make a difference, like pharma..etc.
Reply Quote
jamey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Imsodopey • 2:57p, 5/24/24
AG
Imsodopey said:
Bought a small amount of IONQ. Very speculative. May take several years.


I bought in today for long term hold. Theyre definitely at the forefront of quantum computing which seems like it will be huge like AI but its even earlier stage. Competitors IBM are so big already, I don't see as much upside, of course IONQ is probably a bigger gamble too.

I sold some of gains in AI, like MSFT and NVDA to broaden out and diversify my AI portfolio. I got more PLTR and AIQ also
Reply Quote
3 edits
Imsodopey
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:23p, 5/24/24
AG
I have put money in SPRX. Actively managed. Aggressive, but not as much as ARK ETF's.

Reply Quote
1 edit
YouBet
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:06a, 5/25/24
AG
Becoming a bit more convinced that AI is closer to blockchain than people think when it comes to corporate implementation, anyway. I spoke with a guy this week who works in IBM's AI space. He told me he's met and consulted with 20-25 big corporate companies and not a single one has implemented AI on any kind of scale because:

1. They don't know how to incorporate it with legacy systems.
2. Getting the GPU's to do it.
3. Having the power infrastructure to support it.
4. Data privacy concerns. In order to train the models you have to give it access to data that everyone is hesitant to expose.
5. It's almost impossible to audit because of the dynamic nature of it.

For me, it's going to end up being used for productivity gains, improved search engines (like we see with MS Copilot), and things of that nature. I'm not convinced there is some kind of cancer solving level solution out there.

And as soon as I say that, there could obviously be something announced that we can't foresee, but right now there isn't.
Reply Quote
5
T Durden
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
2:27p, 5/25/24
AG
AMD, Nvidia, Apple, Super Micro, Qualcomm. Flyer on Lenovo.

Also, finding the right software play is the million dollar question. It's the software that will solve the problems.
Reply Quote
bmks270
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to YouBet • 1:25a, 5/28/24
AG
YouBet said:
Becoming a bit more convinced that AI is closer to blockchain than people think when it comes to corporate implementation, anyway. I spoke with a guy this week who works in IBM's AI space. He told me he's met and consulted with 20-25 big corporate companies and not a single one has implemented AI on any kind of scale because:

1. They don't know how to incorporate it with legacy systems.
2. Getting the GPU's to do it.
3. Having the power infrastructure to support it.
4. Data privacy concerns. In order to train the models you have to give it access to data that everyone is hesitant to expose.
5. It's almost impossible to audit because of the dynamic nature of it.

For me, it's going to end up being used for productivity gains, improved search engines (like we see with MS Copilot), and things of that nature. I'm not convinced there is some kind of cancer solving level solution out there.

And as soon as I say that, there could obviously be something announced that we can't foresee, but right now there isn't.


Comments section of this YouTube video are insightful. Seems some tech workers in the comments not buying the AI hype.

Reply Quote
1 edit
woodiewood
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to jamey • 6:32a, 5/28/24
jamey said:
Imsodopey said:
Bought a small amount of IONQ. Very speculative. May take several years.


I bought in today for long term hold. Theyre definitely at the forefront of quantum computing which seems like it will be huge like AI but its even earlier stage. Competitors IBM are so big already, I don't see as much upside, of course IONQ is probably a bigger gamble too.

I sold some of gains in AI, like MSFT and NVDA to broaden out and diversify my AI portfolio. I got more PLTR and AIQ also
I bought 1,000 shares at $7.75 so I am up a little today at $8.43 but it was up over 19 last Fall, so it could make a run over the next year or so. I wouldn't suprise me that someone like IBM or Musk makes an offer for IONQ in the high teens. Cap is 1.3 B.

I am too heavy in NVDA and NVDL, but will ride them as far as they will go with trailing stop losses to cover 75% of gain.
Reply Quote
TTUArmy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to AnyOtherName • 7:24a, 5/28/24
AnyOtherName said:
If Palantir is not the discussion for AI then I don't know what is. Stealing business from those mentioned ^^^

PLTR
PLTR looks like it's getting ripe for a bit of a breakout. Since all things AI seem to move markets up and to the right, probably up...up...and away.

Take that stock read with a grain of salt. I'm notorious for seeing potential, buying in, then watching a stock plummet through several floors of resistance...lol.
Reply Quote
TTUArmy
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:33a, 5/28/24
One other thing about AI, regarding NVDA. I forget which YT channel I was watching but, there was a bit of an expose months ago on some of NVDA's partners; one in particular Coreweave. Not sure if its just a weird business model or if there's some actual shady stuff going on.
Reply Quote
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.