Impact of AI
Have prices of precious metals moved up? gold and copper particularly because of its good electrical properties. iron? Do remember that manufacturing is an extension of tech. Yes you may create a humanoid from plastics but electrical connectors?
AI requires compute power and this means more data centre, bigger cloud investments, larger demand for electricity. AI replaces human work, no doubt but does it really replace human? think again..
overall the current tech infra is having a transformation to AI infra and this requires alot of hardware investments. Nations, esp big ones are vying for the AI supermacy in the market, so read the news with deeper thoughts, don’t get deviate with the noises on politics, war or natural disasters and sell off your tech stocks. of coz if u r a trader, its different ballgame.
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