this post was submitted on 21 Feb 2026
177 points (99.4% liked)
Fuck AI
5987 readers
1188 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
If that sentiment turns out to be accurate (AI products do not add value to a company) an index like this would make sense, right? Most indexes leave out speculative assets like crypto and gold. At this stage the value of LLM technology is still speculative.
I'm not an expert here, just trying to understand what makes this much different from any other ETF investors expect could outperform the market.
I'm not given individual investment advice, since that could lead to legal trouble. An ETF based on this index could make sense in your portfolio.
Generally speaking in- or excluding companies based on a single indicator is a bad idea (as an investment argument). Many businesses have multiple flows of revenue. A (theoretical) company that uses 1% of their earnings to explore the possibilities of AI would be excluded from this index. Even when AI crashes this company would only experience a 1% loss in earning, basically statistical noise. There core business could over perform markets 10-fold and you would still exclude them from your portfolio. This is why thematic ETFs are almost always a bad idea.
An typical ETF usually tries to match market performance/ the average performance of a typical company. As I said reliably over performing this metric is near to impossible and needs a better argument, than 'AI is a bad investment '
Well explained thank you.