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How to Protect your Wealth by Investing in AI Tech Stocks

Perceiving Coronavirus as a Disruptive Technology

Stock-Markets / Financial Markets 2020 May 13, 2020 - 10:53 PM GMT

By: Nadeem_Walayat

Stock-Markets

The 'scientists' say that viruses are not alive. We'll for something that's 'technically' not alive it sure does behave like it is! Perhaps just as scientists will deem AI to be 'not alive' all the way until they take all of the jobs.

So lets leave the academic world behind, for their moronic obsession's has gotten us into this mess, certainties of solutions adopted by the likes of the UK and US to achieve 'herd immunity' when commonsense would have served our nations far better that of isolating and quarantining all those even suspected of being infected! Such as every flight entering the UK from virus infested China during January and February.


Instead lets focus on what the coronavirus has achieved which is lockdown's of whole nations, traditional industries in a complete state of collapse which regardless of size have seen production seize and sales evaporate. However, there are some corona winners and those are the beneficiaries of disruptive technologies which is the tech sector.

Amazon, Google, Facebook, Twitter, Apple and so on are prospering from them the disruption of the 'real' economy as the economic world temporarily splits in 2, the 'real' world and the 'cyber' world.

The disruption of the real world is a trend that has been in motion perhaps since the early 1970's when the first microprocessors started to appear where Moores law warned of where this would ultimately lead to that of machine workers replacing human workers, be those machine workers robots, or machine learning algorithms that were already starting to replace the highest of professions going into the Corona catastrophe.

This exponential trend of machine intelligence gradually replacing human intelligence is nothing new for I have been writing and posting articles and videos on the subject for a good 5 years as this video from 2016 illustrates.

Where the only solution I could see for us mere mortals to survive the coming Quantum AI storm is to OWN the technologies, for which we have 2 strategies -

Firstly, to own stocks in key AI Mega-trend drivers that have the greatest probability of achieving superiority in an Quantum AI, which has been the focus of my AI Mega-trend investing series of analysis towards which the 1/3rd across the board collapse in stock prices was seen as perhaps a once in decade opportunity to get on board this mega-trend courtesy of the coronavirus disruption.

Secondly, to immerse oneself in AI technologies, so that one can actually understand and be able to program machine learning. Which in today's age is infinity easier to do given the myriad of development platforms that have emerged over the past decade than when I first approached the subject some 22 years ago! That and today's desktop computers are exponentially more powerful.

Still, for most it's a case of learning what machine learning is, and what AI could become, for we mere mortals lack the critical component of Quantum Computing, so unless one hits lucky in ones application of machine learning, tinkering with AI on your desktop is not going to get you rich so the primary focus should be on investing in the deep pocketed AI tech corps such as Google, IBM, Intel, Amazon etc... who have hundreds of billions at their disposable to drive the exponential trend towards the explosion moment when the Quantum AI is born.

So the Coronavirus has helped us in 2 respects.

1. Accelerated the size, scope and certainty of the cyber mega-trend.

2. Resulted in panic that has driven down the stock prices of those corporations that are actually PROFITING from the corona collapse, case in point being Amazon that has typically jacked up prices by 10% to 20% as have bricks and mortar supermarkets.

The corona disruption should also act as a wake up call to the 80% sat at home having 80% of their salaries being paid to them by the government because you are deemed not to be a key workers. For THIS IS the future for MOST workers!

And where today's workers in the UK are in receipt of a 80% subsidy, in the not to distant future all adults at least will receive a universal basic income that will likely be a fraction of what most professionals earn today which will ensure a widening gap between the rich, those who OWN the AI and the rest of society who will no longer even be necessary as slave workers due to AI having made most, perhaps 80% of workers obsolete that the governments will only be able to contain the consequences of i.e. a collapse of societies into anarchy through means of universal basic incomes.

Though the problem is as we are already seeing with the corona collapse, that if most people are paid for doing nothing then that results in a surge in REAL inflation which for most Brit's is already 10% to 20% rise in prices that WILL NOT BE REFLECTED in the fake official inflation statistics! But everyone will be experiencing when they go to do their weekly shops in supermarkets that already limit what people can buy with their unearned fiat currency.

So it does not matter the amount paid as a basic income, real prices will always rise to erode the value of unearned incomes that ensures a lower standard of living for those wholly reliant on basic universal incomes.

The whole of this extensive analysis was first made available to Patrons who support my work: AI Mega-trend Stocks Buying Levels Q2 2020

  • Stock Market Trend Forecast Summary
  • Britain's FAKE Coronavirus Death Statistics Exposed
  • Implied Case Fatality Rate
  • United States Coronavirus Trend Trajectory Update
  • Perceiving Coronavirus as a Disruptive Technology
  • The AI Mega-trend
  • When to Sell Your AI Stocks
  • AI Mega-trend Stocks Buying Levels Q2

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your Analyst

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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