You will lose your job against AI, maybe not now but soon
The rise of Artificial Intelligence (AI) is a reality that we must face, and it's not just a passing trend. This technology has the power to transform the job market in ways that many of us can hardly imagine. In a not-so-distant future, the jobs we once thought were secure may no longer exist.
The term "killed" is an understatement, as AI has the potential to completely "kill" certain jobs. Imagine a world where robots and algorithms can perform tasks that were once reserved for humans. The very essence of work and employment will be forever altered. Jobs that require simple data analysis or routine decision-making, such as customer service and data entry, will be among the first to go.
Chat GPT & more ...
The past two months have seen a true explosion of creativity and innovation around ChatGPT and other AI tools! The world has been captivated by the seemingly endless possibilities of what can be done with this cutting-edge technology, and the results are nothing short of incredible.
From writing powerful content and elegant code to building dynamic applications and stunning websites, people are pushing the boundaries of what's possible with ChatGPT and other tools like DALL.E, MIDJourney, Durable, and the Tome app. The ability to create anything from presentations to resumes and emails, to asking complex questions and generating any picture you can imagine, has sparked a newfound passion and excitement in people everywhere.
The time to act is just now !
The notion of AI taking over white-collar jobs such as accounting and legal research is no longer a thing of science fiction. The time to act is now, as the future of work and the impact of AI on our lives is rapidly approaching.
New World, New Opportunities
But all is not lost! While AI may change the job market, it also has the potential to bring great benefits to those who are willing to embrace it. In the age of AI, the key to job security is not to fear AI, but to use it to your advantage.
By using AI tools to boost productivity and streamline tasks, you can become a valuable asset to any organization. For example, sales professionals can use AI-powered tools to analyze data and identify the most promising leads, while marketers can use AI-powered chatbots to engage with customers and provide real-time support.
New Jobs Coming ....
In the coming years, those who are skilled in not just using AI, but also in prompting it, will be in high demand. These individuals will be the ones who can effectively manage AI tools and become managers themselves. With the right skills and a willingness to adapt, there is hope for a bright future in the age of AI. So, don't be afraid, be proactive and take control of your future by embracing AI and the opportunities it brings.
More Possibilities
According to a Bloomberg article, AI has more access to data and can process it faster than human beings, giving it the ability to analyze a vast number of investment possibilities that human analysts may miss. This has led many to believe that AI can replace the role of quantitative analysts and even fund managers in asset management companies.
Early Days ...
While this change may be frightening to some asset managers, it's important to note that AI is still in the early stages of development in the asset management industry. For example the AIEQ ETF, since its 2017 inception, has handed investors about 41%, according to data compiled by Bloomberg. The S&P 500 Total Return Index has delivered more than 72% in the same period.
Unpredictable Nature of Financial Markets
The unpredictable nature of the markets makes it difficult for AI to predict the future with certainty. However, it's possible that in the future, an AI-powered fund may emerge that consistently outperforms the S&P 500. Until then, asset managers can continue to find solace in the fact that AI still has limitations in its ability to predict market trends.
Onchain asset management and the future of investment
The future of investment is unfolding before our eyes, and onchain asset management is playing a central role in its transformation. With the rise of blockchain technology and the use of smart contracts, the investment landscape is becoming more transparent, efficient, and inclusive. Onchain asset management offers a wealth of benefits that are changing the way we approach investment.
With the help of blockchain, real-time tracking of assets is becoming a reality, leading to more accurate reporting, better decision making, and improved risk management. Smart contracts are revolutionizing the investment industry by automating various processes and personalizing opportunities to fit the unique wants and needs of each individual. The borderless nature of blockchain technology is breaking down barriers and making investment accessible to people all over the world.
Democratizing asset management industry
We are witnessing a democratization of the asset management industry, just as social media democratized the media industry. With onchain asset management, anyone can participate in the investment industry, regardless of location or background. This is leading to a more diverse and inclusive investment landscape, where everyone has the opportunity to achieve their financial goals.
As an onchain crypto asset manager, we are confident that the benefits of onchain asset management will continue to shape the future of investment for the better. The rise of onchain crypto funds and the role of crypto asset managers will open up new opportunities and help make the investment market more accessible to all.
Personalization
With on-chain asset management, individuals from all around the world will have the ability to create customized portfolios that match their unique goals and values, making the search for investment options that align with their personal beliefs a reality. The need for a single AI that can generate the highest returns will become a thing of the past as personalization becomes the new standard.
Moreover, asset management firms will leverage the power of blockchain infrastructure to unlock access to previously inaccessible pools of capital. Regulations and barriers will no longer limit the reach of these firms, as they use the transparency and security of blockchain technology to expand their reach.
New Business models !
In this new landscape, the competition among asset management firms will be fierce as they vie to position themselves as the leading provider of AI-powered funds. To do so, they will release their AI machines, inviting fund managers from around the world to connect their funds to their AI machines through blockchain and share in the revenue generated by the AI. This new way of working will give these firms indirect access to even more capital, allowing them to offer a truly personalized investment experience for their clients.
Decentral & Smart World !
So, as we move into the future of asset management, we can expect to see a shift away from traditional approaches and towards a more personalized, values-aligned, and accessible investment environment. The advancements in blockchain technology and the use of AI will play a crucial role in shaping this new landscape, creating limitless possibilities for individuals and asset management firms alike.
As the investment landscape continues to evolve, every asset manager should be considering the paradigm shift brought on by the integration of AI and onchain asset management. This powerful combination has the potential to revolutionize the industry, providing asset managers with new opportunities for growth, increased efficiency, and improved outcomes for their clients.
BMachine
With its ability to monitor and analyze macroeconomics and on-chain metrics, we are confident in its ability to make informed decisions and manage our funds based on their specific strategies and IPS.
Every strategy undergoes a comprehensive evaluation through the utilization of the Bmachine. This enables us to conduct a thorough analysis of our approach, determining its strengths and areas for improvement. Additionally, the Bmachine provides valuable insights and recommendations on how we can enhance our strategy, as well as optimize our analysis and decision-making process.