Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 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