Is the Global X Robotics & Artificial Intelligence ETF a Millionaire Maker?
Look at the news and you will find story after story about artificial intelligence, or AI. It seems likely to change the world and, predictably, Wall Street is a big part of the AI push. That includes finance companies giving investors ways to put money in the space, like the Global X Robotics Artificial Intelligence ETF (NASDAQ: BOTZ).
Should you jump aboard on the hope of AI making you a millionaire? Here are some things to think about first.
It may seem like ancient history today, but back in the late 1990s, there was a new technology that was expected to revolutionize the world. It was called the internet. The internet did, in fact, change the world, but there were a lot of companies in the mix that didn't do much of anything. And even some of the big names that have stuck around haven't turned out to be good investments.
Source Fool.com
