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cover of episode How and Why to Invest in AI

How and Why to Invest in AI

2023/7/12
logo of podcast Money For the Rest of Us

Money For the Rest of Us

AI Chapters Transcript
Chapters
This chapter explores how a software developer uses ChatGPT daily to increase productivity by 2.5 times. It discusses various applications of ChatGPT in programming tasks, such as data conversion, bug fixing, and documentation. The chapter emphasizes that while AI tools enhance productivity, human understanding is still crucial.
  • Software developer uses ChatGPT daily, increasing productivity by 2.5 times.
  • ChatGPT used for data conversions, generating data types, learning new coding languages, finding bugs, and writing documentation.
  • AI tools enhance productivity but don't replace human understanding.

Shownotes Transcript

AI models like ChatGPT could lead to massive productivity gains, accelerated economic growth, and higher stock returns. Here's how to invest in AI.

Topics covered include:

  • How workers are already using AI models like ChatGPT to boost productivity
  • Why ChatGPT is better at search than Google for certain queries
  • How AI models will change the economic narrative
  • What are ways to invest in AI, including specific ETFs

For more information on this episode click here).

Sponsors

NetSuite – the leading integrated cloud business software suite)

Masterworks – invest in contemporary art)

Masterworks Disclosure:

“net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd) 

Show Notes

Sarah Silverman Sues OpenAI and Meta Over Copyright Infringement by Zachary Small—The New York Times)

ChatGPT saw its first-ever user decline in June by Igor Bonifacic—Engadget)

A New Chat Bot Is a ‘Code Red’ for Google’s Search Business by Nico Grant and Cade Metz—The New York Times)

How to get a handle on AI’s many implications for economies and markets by Neil Shearing—Capital Economics)

Lessons From the Catastrophic Failure of the Metaverse by Kate Wagner—The Nation)

To Drive AI, Chip Makers Stack ‘Chiplets’ Like Lego Blocks by Yang Jie—The Wall Street Journal)

Investments Mentioned

iShares Semiconductor ETF (SOXX)

Roundhill Generative AI & Technology ETF (CHAT)

Robo Global® Artificial Intelligence ETF (THNQ)

iShares Robotics & Artificial Intelligence Multisector ETF (IRBO)

iShares Exponential Technologies ETF (XT)

Vanguard Total World Stock ETF (VT)

Related Episodes

184: Massive Job Losses Are Inevitable, But There Will Still Be Work)

198: Capitalism Is Creation)

256: Will Artificial Intelligence Change Investing?)

417: Will Generative AI Replace Your Job?)

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