Playing around with ChatGPT made me realize that it is quite likely that the next profitable tech breakthrough will probably come from AI technology. What do I mean by this? every few years there is a breakthrough (or a few) in technology that gets massively adopted, gets monetized, and becomes very lucrative and profitable to its owner. In the early 2000s, it was e-commerce and online advertisement. In the late 2000s, it was the smartphone. In the early 2010s it was the subscription model service. In the late 2010s, it was SaaS.
Basically I want to position part of my investment portfolio in a way that I have exposure to the next Apple, Amazon, or Salesforce, which I think will come from a successful monetization of AI technology.
I already own LRNZ (TrueShares AI & Deep Learning Fund) and SMH (VanEck Semiconductor ETF)
I could also increase my exposure to GOOG, META, and MSFT, as they seem to be the public companies best positioned for an AI breakthrough that can be monetized.
I know AI uses quite a bit of computer power so perhaps something like NVDA also makes sense?
Any other ideas?
I suspect trucking companies (or truck manufacturers, or maybe logistics companies that suck up all the surplus from truckers) are the biggest beneficiaries. But so much depends on how deeply levered they are and how much is already priced in - TSLA could EASILY already be counting on that in their current valuations. If so, it'll kill them if it doesn't happen, but only maintain if it does.
A better plan might be to short (or long-term puts on) the companies you think will be hurt by the things you're predicting.