This is a great, balanced take, calling out the hype and the risks while reminding us that transformative tech often profits in less obvious, indirect ways. The analogy to the early internet era really hits home: AI’s real value might be woven into existing giants and infrastructure, not standalone products yet.
Players that would benefit from AI are yet to come. Hyperscalers, datacenters, etc... are all infrastructure for the winners. Infrastructure is not irrelevant but is not the solucion to real problems.
Focus on the few that are trending and have an edge. Compound the winners. Protect your downside through risk and exit management. Keep it simple.
Absolutely! That’s the core of long-term compounding.
This is a great, balanced take, calling out the hype and the risks while reminding us that transformative tech often profits in less obvious, indirect ways. The analogy to the early internet era really hits home: AI’s real value might be woven into existing giants and infrastructure, not standalone products yet.
Appreciate it Alan, thanks! And Exactly, early internet déjà vu: the winners are already building, just not where most people are looking, imho.
Dividendfarmer.substack.com
Players that would benefit from AI are yet to come. Hyperscalers, datacenters, etc... are all infrastructure for the winners. Infrastructure is not irrelevant but is not the solucion to real problems.