kryptonianCodeMonkey comments on i love ai in my offline foss softwares that are still in beta

i love ai in my offline foss softwares that are still in beta (lemmy.blahaj.zone)

submitted 1 year ago by Unknown_0671@lemmy.blahaj.zone to c/programmerhumor@lemmy.ml

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[–] kryptonianCodeMonkey@lemmy.world 14 points 1 year ago (8 children)

I'm not a big market speculator guy. Does anyone know if there is a way to bet against AI, to make money when the AI bubble pops? Not shorting.

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[–] Cenotaph@mander.xyz 20 points 1 year ago (2 children)

Only if you can predict when it will pop

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[–] bountygiver@lemmy.ml 8 points 1 year ago

yup, before shorting anything, remember, "Markets can remain irrational longer than you can remain solvent."

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[–] kryptonianCodeMonkey@lemmy.world 2 points 1 year ago

Yea, that's what I figured.

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[–] kameecoding@lemmy.world 9 points 1 year ago* (2 children)

How else would you bet against AI if not by shorting?

I mean I have heard of betting sites having bets on some weird stuff, maybe they offer AI bubble bursts by x date, but I doubt it

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[–] kryptonianCodeMonkey@lemmy.world 2 points 1 year ago (1 child)

That's why I asked. Shorting would involve betting the bubble will pop in a specific time frame and has no upper end to what I could lose if the bubble doesn't pop in time. I was asking if there is any other way to bet against them that I didn't know about. Something without that time frame and/or lower risk.

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[–] PieMePlenty@lemmy.world 2 points 1 year ago

Yes, investing in non AI companies and avoiding indices which include AI. Lower risk/reward, more passive stance. Shorting is higher risk/reward, active stance against it.

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[–] zqwzzle@lemmy.ca 6 points 1 year ago

Put options on NVIDIA? Still has the problem of having to prefict when it’ll pop.

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[–] Krudler@lemmy.world 2 points 1 year ago

Perhaps invest in the "wait and see" companies? On the theory that companies that went all-in on ai have now massively disadvantaged themselves in their respective competitive marketplaces.

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