Investing in AI Companies: Real Opportunity? Or Pure Hype

Crypto was a disappointment

Generative artificial intelligence, or AI that makes content (like ChatGPT, DALL-E2, etc.), is projected to add up to $7 trillion of wealth to the global economy.

So people are asking: “How can you get in on the action? How do you make money with AI?”

I saw some folks who talk about making money with AI “directly,” like posting gigs on Fiverr and giving all the work to AI, then “sitting back as the dollars come in.”

That type of content is all over the place. As if it’s so easy to use AI to make money. If it was so easy, those folks wouldn’t be on social media in the first place. They would just make their money and ride off in the sunset.

Anyway, AI is super helpful. It’s not like any other technology that got a lot of attention like crypto or blockchain. AI impacts the entire population, which is why it will boost the economy.

What hype looks like

Back in 2017, the general public began hearing about people who made a lot of money by trading crypto currencies.

People who invested $100 in Bitcoin in 2012, for example, would’ve turned their investment into more than $5,000 in 2016.