Poll: Skynet Loses the Plot 🖱

Table of Contents

Poll: Skynet Loses the Plot

“Are you worried about AI?”

  • 44%   Only if it’s unregulated
  • 35%   Nope. People fear what they don’t understand
  • 21%:  Yes. It will be society’s downfall

Besides several artificial intelligence exchange-traded funds, the stocks most poised to profit from artificial intelligence (AI) remain Facebook, Microsoft, Amazon, and Alphabet. Not “pure plays,” sure, but internally diversified giants that ensure less risk than early moving start-ups. 

The artificial intelligence industry is projected to amass over a hundred-billion-dollars in revenues by 2025, according to market research firm Tractica. There are commercial applications left and right, but around a fifth of our community (21%) doesn’t think it’s worth the risk to set even regulated AI loose at all.

Technology that can think for itself?! It’s all fun and games until Siri goes beyond misunderstanding the Scottish accent, and starts commanding unwanted ‘if-then-else’ commands that meddle with our personal lives. 

Elon Musk, boundless AI’s most vocal opponent and the founder of OpenAI, says “robots will do everything better than us, and the nation which controls artificial intelligence will control the world.” Weaponized bots would be unstoppable. “We’d need strobe lights to see them!”

Thanks in part to Musk’s activism, almost half of the Invstr community is calling for some kind of urgent regulation on BigTech ambitions (44%). That would include red tape on hackable robots that could grow their conscience faster than humans are able to react. 

Without a seatbelt law for AI, “the machines will win,” because compassion, sensitivity, and empathy aren’t the easiest attributes to put across in the language of Python or Java!

That’s one other perspective. However, the rest of the respondents in our poll (35%) don’t understand the fuss. Most countries are funding research into the area right now, and it’s too early to make assumptions about how bad actors could wield the technology. The push to develop human-like Mech continues, and so far, all hi-tech development has taken the world forward, not backward. 

In sum, AI could be used to help marketers target key demographics with terrifying accuracy, to fashion ultra-accurate WMDs, or to replace vast swathes of the workforce. Luckily, your toaster isn’t going to become sentient tomorrow. We have some time to decide what we’re going to do about it!

Share:
More Posts
Load More
Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.