this post was submitted on 21 Feb 2026
139 points (100.0% liked)
Fuck AI
5974 readers
1612 users here now
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The big problem is, that you can't cut AI out of your portfolio, only businesses. Big businesses have multiple business segments. Cutting such companies out reduces your diversification much more, than just the AI portion of businesses, just because they dabble in AI with 1% of there earnings. This is a fundamental problem with these type of indices/ETFs.
You are basically betting, that you can predict better than other investors, which companies perform good in the future. Historically speaking very few people could do this reliably, and arguably they were just lucky and retired/died before they could loose.
This index is not a good tool to hedge your portfolio against the AI-crash. It's a way to cash in on the anti-ai sentiment. Fonds provider are going to license the name, because they think there are enough people out there, who want to exclude AI from there portfolio for ideological reasons, not because they have a solid financial argument against these businesses.
Not investing in AI can also be an ethics thing, not just because you expect to gain more money
If it’s your money, it’s your call. I'm just a guy on the internet. I tried to cover your response using "ideological reasons".
All i tried doing was to answer the question given "Is this good?". And the answer is: This is neither a prediction for the future of ai nor the inception of a solid financial product, but rather a cash grab based on a currently trending sentiment.