Howdy! This is AI Guy. AI Enthusiast and Semi-Pro Comedian. 👨🏼‍💻

In Today’s Special Edition:

📣 Special Announcement

📈 AI Doesn’t Like AI Stocks

🛠 Tools To Automate Your Life

📣
Special Announcement

We have been doing a lot of thinking at the AI Guy HQ lately.

A huge number of emails and comments have been coming through from business owners and side hustlers who use our content to accelerate the growth of their businesses and professional lives.

As we read through your responses, it’s clear that many of you would like more content tailored toward what AI can do for your business.

If you want materials from our team about using AI in your specific business model, click the link below and we’ll reach out with more info. ⤵

📈
AI Funds Don’t Like AI Stocks

A fairly popular question we get asked:

What would happen if you asked AI to pick stocks for you?

Would AI pick AI stocks in its portfolio?

The natural answer would be yes. AI chip stocks are taking off, AI tools are replacing jobs, and everyone and their mom is talking about how AI is changing the world.

Currently, there are dozens of ETFs (Exchange Traded Funds) in the US that are partly or wholly managed by AI. QRFT is one example.

However, when these AI trading algorithms are asked “Should I put my money in AI?”, the actual answer is no.

Developers attribute this answer to AI algorithms being based on historical data. There is simply too little data on AI stocks to point to a reliable conclusion that these stocks will do well.

A human investor deals with a similar reality. He is limited by the same historical data as AI.

But unlike AI, the human investor has a tendency to emotionally overreact to new events.

AI algorithms don’t overreact to new events like humans do. They cut through the hype and never panic.

But in reality, hype can greatly affect the price of a stock, pushing investors to jump in and buy more even when fundamentals tell you ‘no’. Think of the NFT bubble.

AI stocks have experienced ‘hype’ since the release of ChatGPT. The market wants to know who is trading what chip, and who is developing the next groundbreaking AI software.

A decent hype indicator: The number of Google searches for “AI Stocks” has grown 50x since October 2023.

It’s hard to judge whether the stock market is overhyped about AI because AI is a total paradigm shift.

Typical revenue multiples don’t do a good job of incorporating the future value of new technologies like AI, so the market turns away from fundamentals when dealing with these companies.

The bottom line is: If you want to ask AI to pick stocks for you, don’t expect to see AI stocks in your portfolio.

P.S. If you didn’t get the chance to read How NVIDIA Became the #1 AI Chip Stock, we highly recommend you check it out!

Tools to Automate Your Life 🔧

Productive ^{_{(AI Call Assistant)}}

If you manage relationships on a daily basis, Productive will make your life 10x easier.

Productive can:

• Generate AI summaries of your mobile calls

• List action items mentioned in your call

• Automatically add events to your calendar

• Connect with your CRM and auto-log calls

Check out this demo:

More info: https://productive.ai/

Final Round ^{_{(AI Interview Copilot)}}

Final Round helps you ACE interviews.

How does it work?

1. Upload your experience.

2. Paste in the title and description of the job you want.

3. AI generates a resume and cover letter specific to that job

4. Hop on a mock Zoom interview with the AI.

5. Receive AI interview feedback, along with a score and what to improve.

Check out for free: https://www.finalroundai.com/

Have a great rest of your weekend!

Stay AI-some!

^{AI Guy}