> To me that's like going to a state fair 150 years ago, seeing the vendors of snake oil, and concluding that the most valuable companies in the future will be

> To me that's like going to a state fair 150 years ago, seeing the vendors of snake oil, and concluding that the most valuable companies in the future will be selling bottles of secret potions. That actually would've been a good investment hypothesis though, and continues to be: https://finance.yahoo.com/quote/ABC/ https://finance.yahoo.com/quote/ABC/ https://finance.yahoo.com/quote/CVS/ https://finance.yahoo.com/quote/CVS/ https://finance.yahoo.com/quote/Ko/ https://finance.yahoo.com/quote/Ko/ https://finance.yahoo.com/quote/BAS.DE/ https://finance.yahoo.com/quote/BAS.DE/ https://finance.yahoo.com/quote/DOW/ https://finance.yahoo.com/quote/DOW/ Fully agree with your point about AI though. People always gloss over the transition from "can be made good at things, with effort" to "general purpose intelligent" as if there's not actual magic required there.