Weekly AI Update:Would You Prefer Billions or Trillions?
That's right. AI is officially moving so quickly that I've decided to start each week with a quick update.
Honestly, I'd do it daily if I had the time. That's how blisteringly fast development has been lately.
Considering how fast each new application of AI has hit the shelves (text, images, video, etc.), it doesn't seem efficient to overwhelm you with every new iteration until it's proven to be ready.
This week, I think it's more important to show you the projected value of the broader market. The predictions are getting more and more ambitious by the day.
In case you're still feeling apprehensive about investing in a young field like AI, let me dispel those fears.
Most analysts are expecting $100 billion from the AI market at most. A few have gone slightly higher, but predictions are so far staying conservative.
Goldman Sachs, often criticized for lowballing a few other major tech revolutions, is expecting a $7 trillion impact from AI in the next 10 years.
That's about as far from conservative as you can get.
Others are saying that AI could push chipmaker Nvidia's market cap over $1 trillion in the coming years.
The level of disruption from this tech is on a scale that humanity has never seen before. Even the Industrial Revolution pales in comparison. The Best Free Investment You'll Ever Make Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Our Conclusion? Buy This Tiny Stock Before It Goes Supernova
At this early stage, AI is still firmly in the hands of Big Tech, and we aren't exactly the type to sink major cash into blue chip stocks like Google or Microsoft.
Don't get me wrong - investing in the current kings of AI isn't a bad idea by any means. But we're searching for the microcaps that will post triple-digit gains and beyond during this upcoming AI upswing.
AI software and training data is owned by the top echelon, but Google certainly doesn't make everything that AI needs to function. I'll repeat my favorite phrase: AI doesn't exist in a vacuum.
Like with smartphones, PCs, and any other major once-in-a-generation tech shift, there are a huge number of peripherals that go along with it: cameras, circuit boards, OLED screens, speakers, etc.
It's not uncommon for each of these parts to come from a single specialty company - often orders of magnitude smaller than the main company selling the final product.
Luckily for our readers, we found the absolute best play right here.
Ignore the hype - you're not going to be able to invest in ChatGPT anytime in the near future.
But you CAN invest in something that no self-respecting AI program would be caught dead without.
Follow this link to our secure sit to see all the details.
To your wealth, Luke SweeneyContributor, Energy and Capital Luke's technical know-how combined with an insatiable scientific curiosity has helped uncover some of our most promising leads in the tech sector. He has a knack for breaking down complicated scientific concepts into an easy-to-digest format, while still keeping a sharp focus on the core information. His role at Angel is simple: transform piles of obscure data into profitable investment leads. When following our recommendations, rest assured that a truly exhaustive amount of research goes on behind the scenes..
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