AGI and its implications for "Safety in Diversification"

Assuming that AGI will create major disruptions across industries, does diversification remain a valid "one size fits all, set and forget" safe strategy in this scenario? As much as I am aware that ETFs "evolve" in that they are constantly changing which companies they track as companies come and go from the index, if we see a 'winner takes most/all' situation where the scalers' massive AI infrastructure spend pays off and they manage to automate intelligence for cognitive ta

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