Why you should invest in Artificial Intelligence Funds and why now is the best time!( $VGT )
Artificial intelligence has had rapid exponential growth over the past few years!
People like Elon Musk realize this and have been hopping on the technology to help contribute to its development which they have done so very successfully and even founded company's such as Open-AI.
Last year alone an AI beat humans in multiple things such as beat human radiologists at diagnosing pneumonia
and another AI with only 48 hours of practice defeated the worlds top player in arguably the most complex games in the world called DOTA 2.
and just last year google announced that it had developed an AI that creates other AI's more efficient than any human has ever made. yes you read that right. they call this AI NASANet and it created its own AI that is 82% accurate at object and imagery recognition, this is more accurate than any AI ever made by a human.
So how do you invest in this tech?
there are numerous ETF's , although there are some high volume AI based such as $XLK and $QQQ they have offered very little return overtime relative to the actual tech developed and even losses depending on the time of purchase, but there is one AI based ETF that is very promising and less volatile which is $VGT, in 2010 it was $50, and that is now worth $177 just 8 years later.
That is 350% in just 8 years!...
and the increases will only grow larger...
and relative to the S&P500, the $VGT has increased 150% more. google and IBM are already now racing to have the best Quantum Computing tech and this will only advance the value of artificial intelligence even more.
and with the recent dip in the market there is no better time to invest in the technology than now.