An Emerging Black Swan That Could Crush Tech Stocks And Boost Real Assets

AI advancement could devastate capital-light tech stocks that lack tangible assets or pricing power, making real assets the safer investment haven. The author argues the 'AI Immunity Trade'—shifting into real assets like infrastructure, energy, and commodities—may still be early.

Why it matters: The article is authored by High Yield Investor (Samuel Smith, Jussi Askola, Paul R. Drake) and references SMH, BAI, AIQ, GRID, and CRM as relevant tickers.