Jimmy Mengel,
Director of Customer Experience
Nov. 26, 2024
“I think, therefore I am.”
- René Descartes
We’ve all heard that quote at some point in our lives. Maybe you’ve thought about it. Maybe you brushed it off. Perhaps it has enlightened you to the fact that we get to think at all, much less be in charge of our own livelihoods and prove that we are actually alive.
For better or worse the phrase has taken on a totally different meaning…
The rise of artificial intelligence has led all of us to question what it means to live and think. What it means to be human or machine. Or more importantly for this article, what it means to be both.
Here’s what AI has to say about Descartes and AI:
AI as a homage
The phrase "Ai think, therefore Ai am" is a cheeky reference to Descartes's "cogito, ergo sum" in a whimsical essay about AI.
AI as a machine learning development
Some say that AI is developing to do more than just what humans do, but to do it in the same way. For example, IBM's "neurosynaptic chip" is a processor that models how brains work and could be used in robotics and digital assistance.
AI as a potential replacement for humans
Some speculate about the impact of AI on society and the economy, including the possibility that AI will replace human jobs.
Personally, I think about all of these things. Will AI replace writers like me? Will AI become my next doctor when I get old and frail? Will AI run my stock portfolio?
I think Descartes is more on point with his updated use in his 1641 work Meditations on First Philosophy, where he changed it to “I am, I exist”.
Let’s get real folks – it is and it does exist. There is no putting the genie back in the bottle. AI is here to stay and will eventually become one of the most stunning achievements in human history. (Apologies to fire, the wheel and the lightbulb).
According to a new research report from International Data Corporation (IDC), entitled “The Global Impact of Artificial Intelligence on the Economy and Jobs”, AI is projected to contribute $19.9 trillion to the global economy through 2030 and drive 3.5% of Global GDP.
That translates to every new dollar spent on AI business services will generate $4.60 into the global economy.
If AI even sniffs those kinds of numbers – and we think that they’ll vastly outpace them – we’re looking at one of the most blockbuster investment opportunities in a generation.
It’s high time that we investors capitalize on its potential.
This is a sprint, not a marathon. You have to get in now before projections like this turn out to be prophetic:
Artificial intelligence has reached a critical inflection point — and these massive tech giants know that it’s now or never if they want to get ahead of the fierce competition.
To again quote Descartes, “When it is not in our power to follow what is true, we ought to follow what is most probable.”
AI growth is as probable as it gets.
That’s why we’ve launched our newest service, Digital Dispatch, to get ahead of these trends immediately.
Our tech experts John Carl and Chris Curl had already seen the writing on the wall. That is why they were able to deliver readers 663% gains on Nvidia (NASDAQ: NVDA) and 335% on Palantir (NYSE: PLTR).
And to say that they are just getting started would be a vast understatement…
Companies are fighting hand over fist in order to scoop up new AI capabilities, and it amounts to a rising tide lifting all boats. All of Silicon Valley is racing to catch up to this massive leap in AI capability. Billionaire founders Bill Gates and Sergey Brin have hurried back to their desks, holding meetings and putting in code requests for the first time in over a decade. Their lawyers and accountants are staying up around the clock to find acquisition targets.
But while you could certainly start buying shares in Microsoft and Alphabet, you would be much wiser to buy some of the “picks-and-shovel” plays that will eventually get bought out by the heavy hitters and soar immediately.
Like Mark Twain famously quipped: “When everybody is digging for gold, it's good to be in the pick and shovel business.”
In this AI gold rush, chips and wafers are the new picks and shovels. It’s impossible to mine new AI discoveries without them — and chip makers are well-positioned to get paid first. John and Chris have compiled a list of 3 of those small AI stocks that are in the perfect spot to make a killing on this buyout frenzy.
Get on board right now, or be left behind during this exciting new frontier.
Godspeed,
Jimmy Mengel
Director of Customer Experience, Daily Profit Cycle