Why do you believe retail investment narrative has shifted toward artificial intelligence?
Replied byBill Barhydt
Founder & CEO at Abra
Niche: Cryptocurrency
Revenue: Approx. 3 Million USD/month
Location: Mountain View, California, United States
Started: 2014
Retail money is looking for exponential growth stories, and right now, artificial intelligence has captured that narrative. During the pandemic, retail speculative capital flowed into crypto, but that capital rotated into tech stocks. However, this level of speculation is unsustainable because AI has a real profitability problem.
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