Fuck AI

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"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

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139

Goldman Sachs has launched an "S&P ex-AI" index that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade. (www.axios.com)

submitted 16 hours ago by Kirk@startrek.website to c/fuck_ai@lemmy.world

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I know this isn't wallstreetbets but I can't help but wonder if this is a more secure investment than the usual S&P500.

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[–] int_not_found@feddit.org 1 points 2 hours ago* (last edited 2 hours ago)

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.