In 1997, a computer by the name of Deep Blue changed the course of history.
After a six-game chess match, Deep Blue defeated world champion Garry Kasparov.
It was the first time a computer beat a human in a traditional chess tournament.
Since then, supercomputers have gotten even better at solving complex tasks. And at the core of it is artificial intelligence (AI).
AI is one of the hottest technology trends right now. It’s right up there with virtual reality (VR), blockchain, nanotech, robotics, and 3D printing.
But AI is even more important than all the above combined.
That’s because most of these technologies run on it… or, at least, AI underpins their development.
But the AI trend is just getting started. And it goes far beyond building smart computers that can beat chess grandmasters.
AI will reshape how we live and do business. And it will happen a lot sooner than you might think.
It’s called Wall Street and Washington’s Unfair AI Investment Advantage Exposed.
She’ll pull back the curtain on a strategy normally reserved for the ultra-rich. One that you can use today to profit from the AI trend.
If you haven’t saved your spot yet, click here to RSVP automatically.
Until then, I’ll give you a simple way you can start taking advantage of the AI megatrend today.
AI Is Unlocking Explosive Value
Nomi has been pounding the table on AI in these pages for years.
When she launched Inside Wall Street back in December 2021, Nomi wrote:
AI is hot. It’s already being used in multiple industries, from finance and media to healthcare, agriculture, legal, retail, oil and gas, and manufacturing.
And the number of companies – from startups to industry titans – developing AI is staggering. Some of the most prominent players are Amazon, Apple, Meta (formerly Facebook), Google (Alphabet), IBM, Intel, Microsoft, and Nvidia.
That was long before AI became the market’s hottest topic this year.
And in her last book, Permanent Distortion, which came out last October, she wrote about AI’s acceleration.
That acceleration, which we’re seeing now, is all thanks to the exponential advances in computing power happening today.
Computer power is doubling roughly every 18 to 24 months, in line with Moore’s Law. Meanwhile, the cost of computers is being cut in half.
This is why we can have real-time navigation in our cars through GPS or stream videos on our smartphones. And it means that computing innovation will not slow down but instead continue to speed up.
That’s excellent news for AI.
AI relies on computing power to analyze infinite amounts of data. It needs to turn data into actionable information fast.
In May 2018, AI pioneer OpenAI found that the computing power needed to train large models had increased 300,000x, doubling every 3.4 months since 2012.
Although no recent studies have updated this rate, the continued advancements in AI suggest that the growth in computing power has increased substantially.
And as with all technological developments, there’s a profit angle.
Investment Is Flooding Into AI
Using artificial intelligence to win your favorite board game – as Deep Blue did in 1997 – is just one possible application of this groundbreaking technology.
The number of commercial AI applications grows every day, as does investment in it.
Why? It’s simple. Humans have created more data in the past several years than in all of recorded history.
There are more than 94 zettabytes of data in the world today. For reference, 94 zettabytes are equivalent to 94,000 trillion gigabytes.
The vast majority of the world’s data was created in the last few years. In fact, the amount of data doubled from 2019 to 2021.
And this trend is far from over.
Experts estimate that the world will have created, consumed, and stored more than 180 zettabytes of data via the internet by 2025.
That’s enough data to fill 180 trillion USB sticks with a 1GB capacity.
It’s simply impossible for humans to process all this data.
Enter AI. It helps companies process large amounts of data, recognize patterns, and solve specific problems.
Businesses already use AI in multiple industries, as Nomi pointed out at the start of this essay. And marketing is one of the industries benefitting from AI the most.
Just think how much data global marketing leaders Google and Meta glean from our search and browsing activities… and how much they stand to make by being able to better target advertising.
But they can only do this with better and faster data analysis.
It’s no surprise to see so much investment flowing into AI. Despite a dip in 2022, you can see the long-term trend is up…
The U.S. is the global leader in private AI investment. In 2022, American investors poured about $47.4 billion into AI.
Investors in China put about $13.4 billion into AI. That made China the world’s second-largest destination for AI research after the U.S.
Consulting firm McKinsey & Company projects that AI will add at least $13 trillion to the global economy by 2030. This includes customer service management, pricing, and other business needs.
Meanwhile, PricewaterhouseCoopers – a global professional services network – estimates that AI will add about $15.7 trillion to the global economy by 2030.
A Simple Way to Profit
Here’s the bottom line. The AI megatrend will revolutionize multiple industries. And it will create economic value worth trillions of dollars in the process.
So, how do you position yourself to profit?
For starters, the Global X Robotics & Artificial Intelligence ETF (BOTZ) is a straightforward AI investment you can access with a brokerage account.
BOTZ has about $2.3 billion of assets under management. And it has 45 stock holdings, including leading chipmaker Nvidia.
It gives you exposure to companies involved in developing AI and robotics.
But for an opportunity with even more upside potential, you’ll want to join Nomi at her urgent briefing tonight at 8 p.m. ET.
See, many AI opportunities are available only to insiders and venture capitalists. They’re off-limits to the average investor.
The good news is Nomi has found a strategy that lets you invest like the ultra-rich. And she’s pulling back the curtain on it at her event tomorrow night.
Until then, you can get a sneak preview of this strategy with Nomi’s new report, How to Make Up to 11X More Money On Your Stocks.
Downloading it is free and easy. All you have to do is click here to claim your spot to Nomi’s event instantly and then upgrade to VIP.
All the best,
Analyst, Inside Wall Street with Nomi Prins