Chart of the week:
The last year of investment returns have been based on the idea that artificial intelligence will change the world into a better, faster, more productive money-making machine.
The truth is that no one has been able to monetize it. Chat GPT turned out to be a cool toy that was wrong more often than it was right. People have stopped going.
All the best,
Christian DeHaemer
Outsider Club
It don’t work: https://tech.co/news/list-ai-failures-mistakes-errors
AI mistakes: https://www.jumpstartmag.com/ai-gone-wrong-5-biggest-ai-failures-of-all-time/
KISS: https://www.outsiderclub.com/keep-it-simple-stupid/
Doom: https://www.outsiderclub.com/stocks-take-the-elevator-down/