He said that the current state is the worst possible. That means that, out of all the situations that could have occurred up to now, this one is the worst.

This is not an assessment of how bad the situation could eventually become.

If you want to be pedantic, at least be right about it.

So why not make it really high quality? They had no idea how far resolution would come

Well If you think about it. The latest release of Win 7 happened on 08. Feb 2023. 8k Screens are a thing at that point.

The pixel count of this resolution is 72.900.000 pixels. A 8k Screen has around 33 Million Pixels. They were not far off with their estimation.

I’m not given individual investment advice, since that could lead to legal trouble. An ETF based on this index could make sense in your portfolio.

Generally speaking in- or excluding companies based on a single indicator is a bad idea (as an investment argument). Many businesses have multiple flows of revenue. A (theoretical) company that uses 1% of their earnings to explore the possibilities of AI would be excluded from this index. Even when AI crashes this company would only experience a 1% loss in earning, basically statistical noise. There core business could over perform markets 10-fold and you would still exclude them from your portfolio. This is why thematic ETFs are almost always a bad idea.

An typical ETF usually tries to match market performance/ the average performance of a typical company. As I said reliably over performing this metric is near to impossible and needs a better argument, than 'AI is a bad investment ’

If it’s your money, it’s your call. I’m just a guy on the internet. I tried to cover your response using “ideological reasons”.

All i tried doing was to answer the question given “Is this good?”. And the answer is: This is neither a prediction for the future of ai nor the inception of a solid financial product, but rather a cash grab based on a currently trending sentiment.

The big problem is, that you can’t cut AI out of your portfolio, only businesses. Big businesses have multiple business segments. Cutting such companies out reduces your diversification much more, than just the AI portion of businesses, just because they dabble in AI with 1% of there earnings. This is a fundamental problem with these type of indices/ETFs.

You are basically betting, that you can predict better than other investors, which companies perform good in the future. Historically speaking very few people could do this reliably, and arguably they were just lucky and retired/died before they could loose.

This index is not a good tool to hedge your portfolio against the AI-crash. It’s a way to cash in on the anti-ai sentiment. Fonds provider are going to license the name, because they think there are enough people out there, who want to exclude AI from there portfolio for ideological reasons, not because they have a solid financial argument against these businesses.