This time, it's different

An unavoidable revolution is upon us, and investors must grapple with understanding and adapting to it. The transformative potential of artificial intelligence (AI) is unlike anything we've seen before, creating challenges and opportunities that demand a new investment playbook. Why some investors are avoiding autos amid the EV transition "Don't invest in the auto industry until the EV transition is done." This isn't my statement, but one you'll find echoed across social media. It's a curious trend - investors are avoiding auto stocks entirely. Their rationale is simple: the shift to electric vehicles (EVs) represents a fundamental transformation, where current market leaders might falter, and new players could seize the spotlight. History supports this caution. Industries undergoing significant disruptions often see established advantages rendered obsolete, making it difficult to pick the winners. We've seen this with railways, electricity, and even the Internet. Sitting out such a