State of AI Report Compute Index - XTX Markets

All this AI hype is starting to sound depressing. We’re headed to a WALL-E future where robots will satisfy all of our needs and life will look like this

On the other hand, the humans on WALL-E are portrayed as happy, kind, not greedy (no crypto), with purpose, even though they do nothing for themselves. Here’s a great counterpoint: The Humans of ‘WALL-E’ Were Probably Better Off Without Him

Personally, I want a balance. I used paper maps to drive and, while it helps develop spatial orientation, I don’t ever want to go back. I also like that Facebook knows what I like and shows me articles in my feed that I usually find interesting (that’s all I use it for). Same with YouTube, I always find interesting suggestions. But the VR headset, AI everywhere, the “everyone connected” world Zuck thinks we want? No thanks, I’ll pass. Strapping on a VR set will not make me a better programmer, it will just make me sick.

Regardless, the world is headed to a WALL-E future. AI stocks will continue to explode. Humans need big challenges. Creating a superior brain is the next frontier (also life extension). Space, btw, is over. We’ll colonize Mars, but that’s the end of the road. We will never go anywhere else.

For P123 AI will play a role, but only for those that want to learn. We’ll explore AI to help the curious. For example the AI factors we’re working on can replace ranking systems, and be more responsive. P123 AI bots could help you write a formula, but you still need to be able to describe it. Most people (99% I hope) don’t want to be traders or have personalized strategies. They just want to invest and do better than indexing (anyone with less than $10M should). And that’s great. We have some ideas in the backburner for them that we’ll start working on when we have more bandwidth.

Cheers

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