AI investment looks shiny – Cryptocurrency and AI like other tech-based companies that allow things to become ‘smart’ may just be a part of the future, and many are attempting to claim a slice of the pie that is already baking. But is investing in new tech the best way to move forwards for the future?

2018 is already a year that offers many avenues that financial planners and business leaders could not have foreseen five years ago. The steep rise of technology and the way digital and social channels have shaken up traditional spheres have thrown strategies out of the window.

The one way to think of AI investment is to think of it like a progressive slot. Progressive slots allow players to all pool their investments as one, with one player eventually winning the entire amount. However it does not stop there as players keep adding to that pot and therefore once again growing the Progressive to a point of a win.

With regards investments into new technology, the more amount of people investing in a possible new technology, the more successful that particular investment will be, and the greater the payout at the end of the day. The more investment AI will receive, the greater the capabilities, and the greater the profit. This in turn will bump up the value of the investment and the cycle will continue.

The reason progressive slots work so well is because there is a guarantee that the jackpot will rise in line with the money added to it, meaning someone will end up with it, and others will win along the way. Investment in AI is similar, especially given the scope and breadth of what can be done under AI and for the industry it serves given the predicted expansion forecast.