For some reason, these kept swirling in my head. I finally realized it was because I’ve recently left several foreign investor communities where discussions about stocks I own were taking place. Logging into websites and browsing threads that are several clicks away is starting to feel too cumbersome, so I stopped doing it altogether. It’s just so much easier, for example, to feed a question to ChatGPT, such as “what were Norwegian investors discussing about this stock this week?”, and then, for example, instruct an agent to repeat the search automatically and send a summary to my email at a desired time. Of course, another AI is on duty in the email, sending an alert if something urgent and relevant was found in those messages.
Similarly, delivering a fully personalized morning report to one’s email is now so trivial that almost any reasonably intelligent person can build one in a few hours, provided they first recognize that it’s possible and are willing to pay about thirty euros a month for it.
This has also changed how I think about using the Inderes forum. It’s rarely worth opening a new thread for companies that are not guaranteed to be popular, because it will just turn into a monologue, and abroad there is almost certainly already a ready discussion that can be accessed via ChatGPT. Extensively reading Inderes forum threads doesn’t always seem like a sensible thing to do anymore either. It’s far too laborious compared to having a forum analyst bot follow the discussion and summarize the key points, and if the topic is of more interest, then of course you can always access the original messages via links. Skipping the unnecessary noise messages on the forum is an experience similar to downloading an ad blocker for the first time and clearing the entire internet of unnecessary ads. Once you’ve experienced it, it’s hard to go back, because those zero-value messages just start to annoy even more.
In the long run, it is of course not sustainable if large masses move to chatbots, because the content used as source material disappears as the discussion withers. An example can be taken from the Viafin thread, where no discussion about the stock is taking place, even though it is a stock followed and analyzed by Inderes. What will the forum look like if the majority of threads become like that?
This will certainly take a lot of time and effort, because it takes an awfully long time for old dogs to learn new tricks, so the diffusion of new tools at the population level is a process of decades. But opening websites that serve as content for an AI bot is starting to feel more and more like reading Wikipedia sources, at least to me. Of course, you do that occasionally if the matter is important, but in everyday life, you often don’t bother when you can get the essential information pre-digested in a good format.