Boomer AI Invement Thesis #
If you are a hot shot AI researcher getting Zucked for hundreds of millions of dollars, or an AI founder with breakout growth, then you should use that to make money on AI, and this article is not for you. But for everyone else, how do you make money on AI?
My current opinion is that the best way to make money in AI is to do what Boomers did during the internet boom:
- Buy real estate in the Bay Area and vacation destinations where the future AI lottery money will flow
- Rent seek for 20 years and declare yourself a genius investor
I’m saying the above tongue and cheek, but I also kinda think it’s true. Reasons:
- The American Dream to own a home is Lindy
- The average person can’t reliably predict the AI winners, or own stock in them, but you can see that the trend is to concentrate AI talent in the Bay Area
- Bay Area people are pretty predictable in where they want to own vacation homes (Tahoe, Napa, Hawaii, etc)
So, for all the Millennials out there who resent the Boomers for being the worst generation ever, who are simply rich because of the date they were born, I say now is your time to do the same thing!