Everyone was talking about ChatGPT in the last quarter.
Investors were trading on a rush. Thanks to launch of the bot, well-known stocks, such as NVIDIA shares, have shown the highest profitability among all stocks - components of the S&P500 and Nasdaq-100 indices since the beginning of the year.
OpenAI introduced ChatGPT on November 30th, and since then it has demonstrated the ability to perform a number of tasks such as writing stock articles, firing emails, and even messaging on dating apps. ChatGPT is a conversational AI chatbot developed by OpenAI that supports natural language queries.
The buzz exploded and blew the roof off when it was reported OpenAI is to receive a $10 billion investment from Microsoft.
Undoubtedly, the launch of ChatGPT has become one of the most disruptive topics in the financial markets in Q1 2023.
And now, at the beginning of a new quarter, here is a publication that was fully created by ChatGPT Artificial Intelligence, under request to tell a 1200-word Fantastic story Artificial intelligence Becomes The Next Bitcoin.
Good or bad, y'all be the judge. But here's what ChatGPT said...
n the year 2040, the world had seen incredible advancements in technology. The most talked-about topic was artificial intelligence (AI). AI had become a ubiquitous part of daily life; from self-driving cars to chatbots, AI was everywhere.
But there was something different about this AI. It was not just a tool to make our lives easier; it was a valuable asset that people could invest in. The AI market had become the next big thing, and some even compared it to the early days of Bitcoin.
A young man named Jack had always been fascinated by AI. He had studied computer science in college and had been working at a tech company for a few years. Jack was always looking for the next big thing, and when he heard about the AI market, he knew he had to get involved.
At first, Jack was hesitant to invest his money in something that seemed so new and untested. But as he researched more and more, he became convinced that AI was the future. He decided to take the plunge and invested all of his savings into an AI startup called Mindworks.
The startup had a revolutionary new product that used AI to predict market trends. It was unlike anything else on the market, and investors were taking notice. The company's stock began to rise, and soon Jack's investment was worth ten times what he had put in.
Jack was thrilled with his investment, but he knew that the market was volatile. He had seen what had happened with Bitcoin; it had soared to incredible heights before crashing down. He didn't want to make the same mistake.
As he watched the market closely, he noticed that there were other startups popping up all over the place. Some were using AI to create better healthcare solutions, while others were developing AI-powered robots that could do jobs humans couldn't.
Jack realized that the AI market was growing fast, and he needed to stay on top of things if he wanted to continue to make money. He decided to start a blog where he could share his insights into the AI market and offer advice to other investors.
The blog quickly became popular, and Jack was soon seen as an expert in the field. He was invited to speak at conferences and was even featured on news programs. He was living the dream, making money from something he loved and helping others do the same.
But as the AI market continued to grow, so did the competition. The startups that had once been small and unknown were now getting funding from big-name investors. The market was becoming saturated, and it was becoming harder and harder to stand out.
Jack knew that he needed to do something to differentiate himself from the competition. He decided to create an AI-powered platform that could analyze the market data in real-time and make investment recommendations.
It took months of hard work, but Jack finally launched his platform. It was an instant success, and investors were lining up to use it. Jack's platform was unlike anything else on the market, and it quickly became the go-to tool for AI investors.
As the market continued to grow, so did Jack's wealth. He had become a millionaire, thanks to his investments in the AI market. But he never forgot his roots and continued to offer advice to other investors through his blog.
The AI market had become the next big thing, and Jack had been there from the beginning. He had seen the potential of AI and had taken a chance on something new and untested. And now, he was reaping the rewards.
As he looked back on his journey, he realized that he had become a part of something much bigger than himself. The AI market was changing the world, and he had played a small part in making that happen.
Jack knew that there would be ups and downs in the market, but he was confident that AI was here to stay. It was the future, and he was excited to see where it would take us.
The end.
The main chart illustrates that the Bearish Trend in AIQ ETF - Global X Artificial Intelligence & Technology ETF is also - the end 😊
Trade active
22-05-2023
AIQ Breaks 52-Weeks High
Trade active
July 13, 2023
AIQ is near its major 30-dollar resistance. Though I bet The Next Big Thing is 45-dollar path.
Trade active
Dec 13, 2023
Global X Artificial Intelligence & Technology ETF AIQ tries to break out 52-weeks/ 2Yrs Highs.
Note
Feb 16, 2024
Double Topped
Trade active
Mar 12, 2024
Target extended to $70 per share (AIQ), over the next 12-15 months.
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