BRN 0.00% 23.0¢ brainchip holdings ltd

Psychology of FOMO, page-18

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    Hi Shareman, everything I have read about the future if A.I suggests that innovation and it adoption within most industries will be exponential. Ray Kurzweil has said this for over a decade when discussing the rate of change of technology and the "law of accelerating returns"

    https://www.kurzweilai.net/the-law-of-accelerating-returns

    Do you not think that with a pure play A.I company like BrainChip, that "FOMO" is deeply ingrained due to the fundamental nature of artificial intelligence? It stands to reason and it is logical to assume the real possibility of missing out as the projected adoption of these core technologies is exponential and as such the revenue with it.

    I agree that this stock carries with it a level of FOMO but that is inherited from the new artificial intelligence industry and amplified due to its "pure play" status. However, this FOMO is bound to the exponential nature of the industry and you will find an endless supply of industry experts prophesising the eventual domination of artificial intelligence. One prominent example is Andrew Ng, suggesting AI is the new electricity:

    https://www.gsb.stanford.edu/insights/andrew-ng-why-ai-new-electricity

    So the question is, is this FOMO actually FJFOMO - Fully Justified Fear Of Missing Out?

    look forward to a reply,
    cheers

 
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