American stock markets hit all-time highs on hopes that artificial intelligence (AI) is the new industrial revolution, driving corporate revenues and profits to record peaks. A wall of money is flooding into technology shares, raising fears this ‘Technami’ will destroy wealth on a massive scale.

Two views make a market. ‘Bears’ – or stock market slang for pessimists – continue to predict imminent doom, while ‘bulls’ or optimists point out that anyone who missed AI or American shares in recent years may never catch up.

Nobody knows what will happen next, including your humble correspondent. But here are two shares this DIY investor owns to hedge my life savings, aiming to maximise gains from tech’s ability to generate capital growth while minimising losses if we are about to live through AIpocalypse now.