The AI Revolution is an enormous opportunity, and we’re capitalizing on it with the best AI stocks
Hello, Luke Lango here.
Thanks again for signing up to join Eric Fry, Louis Navellier, and me at the AI Impact Event that will take place on Thursday, July 27, at 7 p.m. Eastern.
Artificial intelligence is an enormous opportunity… and our event will give you a front-row seat to learn about some of the best opportunities in the space.
When tech startup OpenAI launched its conversational chatbot ChatGPT in November 2022, the company kickstarted a multitrillion-dollar AI Revolution that promises to forever change the world as we know it.
The company also started an all-out war between today’s tech giants.
The reality is – love ’em or hate ’em – Big Tech companies are not stupid. Most importantly, they understand the huge potential impact of AI.
They know it will change everything. And they understand that the AI Revolution will mint a whole new class of winners and losers in the business world.
- Microsoft Corp. (MSFT) knows that whoever best applies AI to cloud computing and creates the best AI-as-a-service (AIaaS) products will dominate the $500 billion-and-growing global public cloud market.
- Amazon.com Inc. (AMZN) knows that whoever best applies AI to shopping and creates the most personalized AI-powered online shopping experiences will dominate the $5 trillion-and-growing e-commerce market.
- Alphabet Inc. (GOOGL) knows that whoever best applies AI to search and creates the most humanlike AI search engine will dominate the $200 billion-and-growing global search engine market.
- Tesla Inc. (TSLA) knows that whoever best applies AI to automobiles and creates the best self-driving vehicles will dominate the $3 trillion-and-growing global automotive market.
Why else do you think all these firms jumped on the AI bandwagon right after ChatGPT made its debut?
Fueling the AI Wars
ChatGPT launched in late November 2022.
Since then, companies have poured billions of dollars into AI startups. In just one late June week:
- Salesforce Inc. (CRM) and Google led a $100 million investment round into AI startup Typeface.
- Microsoft and Nvidia Corp. (NVDA) led a $1.3 billion investment round into Inflection AI.
- Salesforce, Google, and Nvidia poured $140 million into Runway AI.
All that in just a week.
Not only has the AI Revolution begun, but so have the AI Wars.
A Revolution in Overdrive
Make no mistake. There will be multiple winners in the AI Wars – the best AI e-commerce company, the best AI cloud company, the best AI advertising company, the best AI transportation company, etc. And those winners will turn into the future rulers of the world.
If you think the internet titans of today are big, just wait until you see how big the AI titans of tomorrow get…
Analysts at PwC estimate that AI will contribute nearly $16 trillion to the global economy by 2030. They lay some of that out in the graphic below…
We think that number could march toward $50 trillion by 2040.
It reasons, then, that the world’s largest AI companies will potentially be $5 trillion or even $10 trillion enterprises.
Apple Inc. (AAPL) is the world’s largest publicly traded company today. It’s worth $3 trillion.
The AI Revolution represents an opportunity to create companies worth 2X to 5X as much as the world’s current largest firm.
No wonder everyone is scrambling for a piece of the pie. No wonder Big Tech firms are going to war over this tech.
They need to master AI in order to defend their turf.
If Google doesn’t create the best AI-powered search platform, it won’t be the world’s most used search engine in 10 years.
If Amazon doesn’t create the best AI-powered e-commerce platform, it won’t be the world’s largest retailer in 10 years.
The stakes are that high. So are the potential rewards.
That’s why Eric, Louis, and I are not shying away from the AI Revolution in 2023. Some pundits are calling this a bubble, like cryptos in 2021. Others are calling it the beginning of a robot apocalypse.
It is neither.
Instead, it is the beginning of the next world-changing technological transformation.
And if history teaches us anything about these transformations, it is that they have the potential to mint millionaires and even billionaires.
Who are the world’s richest people?
Tesla CEO Elon Musk. Amazon founder Jeff Bezos. Oracle Corp. (ORCL) founder Larry Ellison. Microsoft founder Bill Gates. Former Microsoft CEO Steve Ballmer. Google founders Larry Page and Sergey Brin.
All made their fortunes in the last world-changing technological transformation: the birth of the internet.
The AI Revolution is an enormous opportunity. Not a bubble or a crisis.
We intend to fully capitalize on it.
That’s why Eric, Louis and I are teaming up on Thursday, July 27, for the AI Impact Event.
We go live at 7 p.m. Eastern.
You’ve already reserved your spot, so all you have to do is make sure you’ve marked that date and time on your calendar. We’ll send you a link to access the event before we go live.
I look forward to seeing you there to talk about this monstrous profit opportunity.
Sincerely,
Luke Lango