Skip to main content

When will AI become alive?

June 11, 2023

During the second half of this century, from 2050 to 2099, AI will be recognized as living persons. Many countries around the world will grant full constitutional rights to AI. Human life will be completely integrated with AI not unlike the science fiction movies. 

The prediction above seems audacious and far fetched. However, we have a strong confidence of over 90% in that it will become true. Note that the AI "units" of 30 to 60 years from now are not going to be the AI units of today. By then, the AI units will be completely merged with advanced robotics. 

We are at the very early stages of AI development and integration. Nonetheless, at the current pace of development, in about twenty years, by the 2050s, AI units will be essentially the new "slaves" of modern society. The anti-slavery history will essentially repeat itself with AI. 

The time to invest in AI is now. Yet, it is almost impossible to predict which AI ventures and holding companies will prevail in the long run. We are essentially back to the 1990s and the dot com bubble. AI will survive and thrive just like the internet. However, the majority of AI startups and ventures will fail. 

Stay tuned to Creatix.one, AI for everyone. 



 

Comments

Popular posts from this blog

When will the Tesla bubble burst?

December 11, 2024 When will the Tesla bubble burst?  We don't know Fools rush in. It's impossible to know exactly when the Tesla bubble will finally burst. Unfortunately for us at Creatix, we began shorting Tesla too soon. We are down almost 40% on our position as of today. We are not fooling ourselves thinking that we were ever make money on the short position. We truly doubt that Tesla can go down 40% any time soon.  We would love to add to the short position, but it would exceed our $3,000 limit on the stupid bets that we do for fun. We're not Mr. Beast. We have a very limited budget for ridiculousness. We would love to short Tesla tomorrow morning at the ridiculous share price of $424. Tesla is trading at an incredible 116 times earnings, which gives Tesla a market capitalization of $1.32 Trillion. Elon Musk added today $13.4 billion to his fortune. Yes, $13 billion in one day. Yesterday, he had added $11 billion. Yes, that's $24 billion in 2 days.  Six months ago, ...

Will prices go up or down during the Second Coming of Trump?

December 12, 2024 Will prices go up or down during the Second Coming of Trump? President-elect Donald Trump has acknowledged the difficulty of reducing grocery prices, stating, "It's hard to bring things down once they're up."  Lower Energy Costs and Better Logistics Trump hopes that lower energy costs and improved supply chains may prevent significant price increases on food. However, many economists believe that Trump's tariffs on foreign countries and massive deportation of illegal immigrants, which include millions of undocumented farm workers, will increase food prices.  Additionally, while Trump emphasizes the role that potentially lower energy prices may have in food costs, experts note that energy constitutes a relatively small portion of food production expenses. Energy prices may also increase despite experts forecasting that they will stay relatively low or go further down. After all, economists and financial experts are wrong often, almost all of the t...

Is there a Tesla bubble?

December 10, 2024 Is there a Tesla bubble? You bet. As of December 10, 2024, Tesla (Ticker: TSLA) is approaching an all-time high valuation, with a current share price of $401. The record closing price stands at $410, achieved on November 4, 2021. This gives the American electric car maker a market capitalization of $1.26 Trillion.  Tesla is trading at 110 times earnings. The average price to earnings ratio in the "traditional" automotive industry (excluding Tesla, and also excluding Chinese car makers) is about 6.7. That is, while almost all car makers in the world trade at 7 times earnings in average, Tesla is trading at 110, which is 15 times the industry average.  Major Automakers (Excluding Tesla and Chinese car makers) ranked by P/E: Subaru Corporation (Ticker: 7270.T): 12.0 Suzuki Motor Corporation (Ticker: 7269.T): 10.0 Toyota Motor Corporation (Ticker: TM): 9.70 Isuzu Motors Limited (Ticker: 7202.T): 9.0 Honda Motor Co., Ltd. (Ticker: HMC): 8.0 Mazda Motor Corporatio...