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> If you're thinking about investing in AI startups now? My advice is to avoid them like the plague [...] it's too late, and you'll wake up one morning only to
by Karellen 4y ago
> If you're thinking about investing in AI startups now? My advice is to avoid them like the plague [...] it's too late, and you'll wake up one morning only to discover you've had your pockets picked.
> I give it about 1-3 years until the crash. (Although I tend towards optimism: the cryptocurrency bubble took a bit over a decade to implode, but back in 2011 I prediced its demise within, yeah, 1-3 years.)
What I'm reading is, I should invest in AI startups now, and cash out 90% of my investment in 3 years time while things are still going well. Maybe cash out 30% of whatever remains each year after that, until the crash.
- jsnell 4y agoInvestments in startups aren't very liquid. You're unlikely to be able to cash out at will, and definitely not at a regular schedule like that.