AI’s $15.7 Trillion Revolution
It started with a single ship crossing the Atlantic to the shores of America. Something on a cargo ship about the size of a football field could trigger a massive economic revolution. To be more specific, $15.7 trillion dollars in new wealth. Yes, that’s trillion with a “T.”
To put that into perspective, that’s 21 times the market cap of Apple, 51 times more valuable than Exxon, and 12 times more than the total wealth of Australia. And it’s not what’s on the ship that’s so significant, it’s that there’s not a single crew member onboard.
There is no captain, no first mate, no deckhands — no one. Everything on these ships is 100% autonomous. That means they can navigate across the Atlantic — from London to New York’s South Brooklyn Marine Terminal — and unload shipments, all without an ounce of manual labor from a worker.
Make no mistake. Ships like these are only the tip of the iceberg in the biggest technological revolution of our time, Artificial intelligence (AI).
Before ChatGPT
I shared this with my readers back in April 2019 — three years before AI hit the mainstream with the launch of ChatGPT in 2022, and four years before Nvidia became a trillion company in 2023.
AI reminded me so much of where the internet was in 1995. AI is now coming into its heyday. It’s still the early innings. But this is a mega trend that has so much room to run.
We’re not talking about investments into cannabis, 3D printers, or EVs — trends that are here today and gone tomorrow. AI is something that we’ll be talking about at least into the next decade. And companies are going to be making billions and billions of dollars through it and by way of it.
AI is all around us now. It touches all aspects of our lives:
- Credit card companies use AI to analyze your spending patterns so they can recognize suspicious threats in real time.
- AI is being used in cybersecurity, predicting where the next attacks will be based on all the data coming in.
- Insurance companies are using AI to ferret out false claims and determine whether legitimate ones should be paid out and how much.
- Manufacturers are creating more efficient supply chains, with AI telling retailers when to stock up on certain items.
No question about it, AI will have a huge impact on our economy and the way we live.
Stocks to Ride the Tsunami AI Trend Higher
I recommended two companies in December 2020, more than three years ago, to profit from the AI revolution. One was Nvidia Corporation (NVDA). They now have an 80% market share on the chips that power AI.
Over the past five years, Nvidia beat the S&P 500 by more than 33X. The second company I recommended was Intuitive Surgical Inc. (ISRG). They make robotics systems for minimally invasive surgery. I saw early on how surgeons would be using AI to achieve better results for their patients.
They beat the S&P 500 by close to 7X. Since I shared them with my readers, these two stocks have soared -- with Nvidia beating the market by 33X and Intuitive Surgical by close to 7X. That’s the profit potential when you get behind a mega trend as it’s about to take off.
If you missed out when I originally sent this out back in December 2020, today’s your lucky day. Because the way I see it, AI is still in the first inning of a decade-long tsunami trend higher.
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Disclosure: None.