Generative AI 101: What You Need to Know Before Investing

GenAI basics, investing opportunities and risks, valuation, and lessons from previous tech revolutions

Stephen Foerster
19 min readJul 4, 2023

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Photo of a robot
Photo by Owen Beard on Unsplash

We’re in the early stages of an exciting technology revolution. In the fall of 2022 OpenAI introduced an artificial intelligence (AI) chatbot, known as ChatGPT, to the masses. ChatGPT follows an…

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Stephen Foerster

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)