so i've been *discussing* --not arguing-- with a family member about the "AI bubble".
He's the type to buy land--because who can trust the stock market-- and i just think that's a horrible idea right now.
my point is, the AI boom isn't going to benefit real estate (unless it's highly specific real estate for energy or data centers ).
similar to railroad boom, AI benefits real estate on the "train line".
the equivalent of real estate on the AI space would be
-chips
-chip materials
-companies with engineering, production and data moats
-energy resources
big question is how to avoid investing in the Cisco or all the failed companies of the industrial age. vacuum tubes were a hot commodity at one point? what ETFs would rebalance automatically in the correct companies?
my theory is that even the Total Stock Market Index will drastically outperform real estate.
the king AI investment that is located along this "railroad line" is probably bitcoin. it's agnostic to the eventual winners and losers in the space and will eventually be sought after by all of them.
it has the benefit that it is an energy-related commodity...
what say y'all? if you were putting your money on real estate versus the stock market index?