Everyone is talking about the artificial intelligence revolution. Harvard Business Review calls it, “the most important general-purpose technology of our era.” One Google Insider predicts AI, “will be as transformative as the discovery of electricity.” And it already is transforming industry after industry.
But if you’re like me, you’re probably wondering what’s changed. The answer is a radical breakthrough that Wired says is “the rocket fuel of the AI.” And this giant leap forward has Wall Street insiders seeing dollar signs.
Listen to this from the CEO of ARK Investments: “We think [it] could approach $17 trillion in market cap — which would be 35 Amazons.” And if you’re an investor…I haven’t even told you the best part. Because one remarkable company is absolutely dominating this exploding market.
Check this out from legendary Silicon Valley Venture Capitalist Marc Andreesen: “We’ve been investing in a lot of startups applying this technology to many areas, and every single one effectively comes in building on the [same company’s] platform. It’s like when people were all building on Windows in the ’90s or all building on the iPhone in the late 2000s.” And with everything I’m hearing coming out of Silicon Valley and Wall Street… I don’t feel like I’m very far out on a limb with this “bold” prediction: Five years from now, you’ll probably wish you’d bought this stock.
But don’t take my word for it. “For fun, our firm has an internal game of what public companies we’d invest in if we were a hedge fund. Read more from fool.com.au…
thumbnail courtesy of fool.com.au