Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24
How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - 17th Feb 24
Why Rising Shipping Costs Won't Cause Inflation - 17th Feb 24
Intensive 6 Week Stock Market Elliott Wave Training Course - 17th Feb 24
INFLATION and the Stock Market Trend - 17th Feb 24
GameStop (GME): 88% Shellacking Yet No Lesson Learned - 17th Feb 24
Nick Millican Explains Real Estate Investment in a Changing World - 17th Feb 24
US Stock Market Addicted to Deficit Spending - 7th Feb 24
Stocks Bull Market Commands It All For Now - 7th Feb 24
Financial Markets Narrative Nonsense - 7th Feb 24
Gold Price Long-Term Outlook Could Not Look Better - 7th Feb 24
Stock Market QE4EVER - 7th Feb 24
Learn How to Accumulate and Distribute (Trim) Stock Positions to Maximise Profits - Investing 101 - 5th Feb 24
US Exponential Budget Deficit - 5th Feb 24
Gold Tipping Points That Investors Shouldn’t Miss - 5th Feb 24
Banking Crisis Quietly Brewing - 5th Feb 24
Stock Market Major Market lows by Calendar Month - 4th Feb 24
Gold Price’s Rally is Normal, but Is It Really Bullish? - 4th Feb 24
More Problems in US Regional Banking System: Where There's Fire There's Smoke - 4th Feb 24
New Hints of US Election Year Market Interventions & Turmoil - 4th Feb 24
Watch Consumer Spending to Know When the Fed Will Cut Interest Rates - 4th Feb 24
Blue Skies Ahead As Stock Market Is Expected To Continue Much Higher - 31st Jan 24
What the Stock Market "Fear Index" VIX May Be Signaling - 31st Jan 24
Stock Market Trend Forecast Review - 31st Jan 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The “new ChatGPT” just launched

Companies / AI Nov 09, 2023 - 10:05 PM GMT

By: Stephen_McBride


1. All the world’s smartest people are embracing AI—and you better be too.

I was at the Network State Conference, hosted by Balaji Srinivasan.

Here’s award-winning journalist Glenn Greenwald presenting (he’s one of the good guys):

This was the most eclectic mix of people I’ve ever been a part of.

I met senior managers at Google (GOOG)… the woman who set up and ran Dubai’s financial hub… a former US military cyber expert… and ambitious entrepreneurs trying to found new countries.

But all most people wanted to talk about was AI.

If you’re wondering whether the AI hype is real, yes—it’s real.

Amjad Masad, founder of billion-dollar startup Replit, said “AI is going to be bigger than the internet itself.” He told us software engineers are using AI tools to write 70%+ of their code. It basically does their work for them!

I’m no fan of Google as an investment (it’s lost its innovative edge). But chatting with one of its senior AI product managers was insightful.

He said Google is integrating AI into all its products—Search, Maps, Gmail, etc. Its ultimate aim is to build an AI assistant that knows more about you than your wife does.

It’s clear Google is betting the company on AI. That’s the right bet… but I’m not convinced it’ll pull it off.

    1. I repeat: All the world’s smartest people are embracing AI to get ahead
    I met doctors using AI to bring drugs to market faster. Digital nomads leveraging AI to give their kids a world-class education “on the go.” Software developers who—with AI’s help—now do a whole day’s worth of work in 10 minutes.

    Pay attention: All the world’s smartest people are going all-in on AI.

    This is the next great divide between the “haves” and the “have nots.”

    Embrace AI or get left behind—that’s the big takeaway.

    I’ll remind you ChatGPT isn’t even one year old! In less than 12 months, AI has gone from obscure to the front-and-center investing theme of our generation.

    Can you imagine what’s possible in the next year… or five years from now?

    There will be lots of big winners and losers. AI tech will change everything we do. That’s why it’s our #1 megatrend inside Disruption Investor.
    1. The “new ChatGPT” just launched.
    The next wave of AI hype is about to kick off.

    Microsoft (MSFT) just rolled out “Copilot.” It’s going to blow people away. This is hands-down the single most important tech launch of 2023.

    Copilot is a ChatGPT-like assistant for Microsoft Office users. Think of it like your own personal intern.

    Want to create a PowerPoint presentation from messy notes… have AI write an essay for you… or tell you which emails to prioritize?

    Copilot does all that for you, and more.

    This is a HUGE deal. I think it could be bigger than ChatGPT. Copilot will transform the world of work for the 1.2 billion people who already use Microsoft Office.

    Software developers who had early access to this tool were able to do the same amount of work in half the time. From talking with coders in Amsterdam, I can tell you this is a game-changer.

    More important, I think it could lead to another “ChatGPT”-style surge in AI stocks like we saw earlier this year.

    It will put more “meat on the bone” of AI and show skeptics this tech is for real. Microsoft is going to generate billions of dollars in extra revenue from Copilot. I’m definitely signing up.

Stephen McBride

Chief Analyst, RiskHedge

To get more ideas like this sent straight to your inbox every Monday, Wednesday, and Friday, make sure to sign up for The RiskHedge Report, a free investment letter focused on profiting from disruption.

Expect smart insights and analysis on the latest breakthrough technologies, the big stories the mainstream media isn't reporting on, and much more... including actionable recommendations.
Click here to sign up.

© 2023 Copyright Stephen McBride - All Rights Reserved 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 losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2022 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in