AI is the greatest capital sucking scam of the 21st Century. Just ad the word AI to your company’s About US page and you’re in like Flynn. This massive scam makes Jim Cramer and his buddies at CNBC stutter on occasion and babble like newborns on really good days. But scams always do this for the market mavens and babblers. Other words such as “AI” used in the past include Dot.com, Big Data, Bitcoin, “it’s a Tech Firm”, and Crypto. Get in while you can and get in fast.
So how does one make money off such scams? It’s simple really; look through the aggressive growth oriented ETF offerings by Blackrock, Vanguard, JP Morgan, Goldman Sachs, and the like and determine which stocks sit at the top of their holdings list. Listen to CNBC and determine what they are babbling the most about and keep an eye of the IPO market. For the risk averse investor, get in early and take the big ride. OR,
Sit back and make a list of the most hyped and overpriced stocks and then buy puts as the market is on the edge of pricing the Brooklyn Bridge as the worlds first AI Bridge just because…they can.
Better yet, sit back and make like Levi Strauss did during the American Gold Rush, i.e; buy the pick and shovel companies. In this case buy the banks that are financing the most recent madness and perhaps a few electric utility company stocks.
The biggest AI scammers are the companies and individuals pushing overpriced encyclopedias such as Open AI, Deep Seek, Grok, GPT-4, etc., etc, etc…
I used to spend a bit of time in the Math Department at the University of Tennessee, Knoxville back in the late 1980s where a friend of mind sat in front of computer screens all day long developing the very first algorithms used in training computers to crunch data on massive scales. We’ve come a long way baby as the power of computers has grown exponentially.
Now the computers are so big that one must necessarily scar beautiful mountain, country, and river landscapes with ugly power sucking boxes bigger than the egos of the scientists and entrepreneurs hell bent on having the world’s largest babbling machine.
My computer is bigger than your computer. I’ve got a Schwinn Stingray Banana Bike and you don’t faggot! Go jump the ditch with your Schwinn fat boy. Heck I not only have a Stingray, but I’ve also got an Evil Knievel helmet to boot. So there!
Yes sirree, tech bros with big fat tired budgets, sniffing one another’s asses looking for bragging rights. Yes, just like the kid on the block with the Yamaha dirt bike that tore up front yards of the whole damned neighborhood. But they were cool what?
AI stupid machines, what? Idiot boxes on speed that are dumbing down the nation even further as AI Laziness creeps across the country; dumb people being made even dumber.
Get in while you still can.