The shovel-makers are a good bet during a gold rush. I'd love a way to financially profit from my belief that "AI will not be earth shattering" in a way that doesn't bet against the AI toolmakers. Are there any pure AI companies that are publicly traded yet? I would buy puts on OpenAI today if I could.
> Are there any pure AI companies that are publicly traded yet?
Google's cash cows are pure AI. Is that close enough?
They do provide shovels too, but that amounts to only around 10% of their business. If they have to subsist on their shovel business the stock price will still plummet. You don't have to see complete bankruptcy in a company to win.