Note from Michael Salvatore, Editor, TradeSmith Daily: Artificial intelligence has been the dominant investment theme for the past year — for good reason.
Its potential impact is on par with — if not even greater than — the steam engine, the automobile, the cell phone, and the internet.
Each of these innovations caused mass disruption in the markets, with upstart companies fighting to come out on top and dominate the field. A.I. promises much the same scenario, but faster than ever before.
And this time, we have a rare clue at which victor the spoils are set to go to.
Eric Fry, macro investing expert from our corporate partner InvestorPlace, has been watching the A.I. story closely. And he recently uncovered a major clue about the winner of a coming A.I. War buried in a 394-page government document.
And tomorrow night at 7 p.m., he'll reveal one winner of the coming A.I. Wars you should consider buying… and one loser you should avoid… for 100% free.
By Eric Fry, Senior Investment Analyst, The Speculator
As InvestorPlace's macro investing specialist, I look for big-picture trends that drive huge, multiyear moves in entire sectors of the market.
These megatrends can spin off dozens of triple- and even quadruple-digit gains in a span of a few years. It's not an exaggeration when I say that catching just one of these trends — at the right time — can help anyone build their wealth.
And after waiting in the wings for years, A.I. has taken center stage and is stoking investors' imaginations with visions of lavish stock market gains for years to come.
But there's far more than dazzling profit potential looming just beneath the surface of this major, once-in-a-lifetime megatrend.
And it has the power to draw a line between those who make their move now… and those who choose inaction.
That's why next Tuesday, Jan. 23, at 7:00 p.m. ET, I'm holding the 2024 AI Wars Summit.
Trust me, I know what you may be thinking: What makes this event so special? Why should I attend this one, when there are a hundred other "urgent A.I. briefing" emails clogging my inbox?
Eric Fry here. I've issued an urgent A.I. Code Red to help you land on the right side of the growing wealth gap as the A.I. Revolution enters a new phase. This A.I. Code Red is about more than your finances. It's about your future.
According to Bank of America, A.I. "could revolutionize everything."
But you probably already knew that. After all, A.I. has been dominating financial headlines for over a year now. From the most promising A.I. stocks to the ones to avoid, it's a dizzying amount of information, and it's coming fast and furious.
So, let's start with a similar sensation that paved the way for the eventual adoption of A.I.: the internet.
The internet as we know it now, as some folks of a certain age will attest, is nothing like how it started out. In the 1990s, one particular company helped escort the internet from a techy hobby to a worldwide sensation. I'm talking about Netscape.
Before Netscape's browser, the internet was mainly used by people who had devoted hundreds of hours to understanding the web and all its complexities. But Netscape changed all that.
Its user-friendly interface, ease of navigation, and ability to view web pages with multimedia content made it extremely easy for regular people to use the internet and paved the way for its widespread adaptation.
As you can see in the chart below, adaptation exploded after 1995.
The launch of ChatGPT is doing something similar with artificial intelligence.
Over the past decade or so, A.I. has been little more than an abstract concept.
In fact, up until 14 months ago, A.I. was science fiction to most of us. It seemed like some niche, far-off technology that wouldn't really impact our daily lives in any serious way. Not for a long, long while.
All that changed when ChatGPT went live to the public in November 2022. A.I. is now going mainstream just like the internet did in 1995, but its impact will be much more profound and widespread than the internet's. In the rapidly advancing world of technology, artificial intelligence has emerged as a pivotal battleground for global dominance.
What I'm calling the "AI Wars of 2024" marks a new era of technological competition among leading nations.
It's a race — or a war — for world power. And we've seen things like this before.
Think of the great Space Race of the 1950s and 1960s.
The Soviets' launch of the first Sputnik satellite in 1957 stunned the United States — and the rest of the world.
Shortly afterwards, President Dwight D. Eisenhower responded by pouring federal funds into the U.S. space program to prevent being left behind, and the United States successfully launched its first satellite into space just months later in January 1958.
All told, the United States spent about $30 billion on the Space Race from the time the Soviet Union launched its Sputnik satellite in 1957 until the moon landing in 1969.
The same sort of race is happening with artificial intelligence, right before our eyes.
And I believe it will kick off on Feb. 1…
Which is why I'm holding the 2024 AI Wars Summit on Tuesday, Jan. 23, at 7:00 p.m. ET.
During this event, I'll explain the impact of this date, why I believe it could make or break investors' financial success this year, and what you can do to position yourself accordingly.
TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results.
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