In 1995, Bill Gates called the internet a "tidal wave" that "changes the rules." He was well ahead of his time – and right on the money... Thirty years from now, we'll be saying the same thing about the artificial intelligence (AI) prediction he made in March as part of a seven-page manifesto: "The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone. It will change the way people work, learn, travel, get health care, and communicate with each other. Entire industries will reorient around it. Businesses will distinguish themselves by how well they use it." As investors, we have to keep an eye on the future. Gates understands that: Those businesses that "will distinguish themselves by how well they use it" are the investments we're making today. There's no way to know with certainty who the winners of AI will be, but you can take calculated risks on "moonshots" if you know their story and the potential they could reach. Just think about Apple (AAPL). At one point, the company was 90 days from bankruptcy, shares were falling fast, and things were looking grim. But we know how the story played out from there, and Apple's journey over the past 25 years – and all the shareholder wealth it created in the process – is the literal definition of a moonshot. The AI opportunity I'm bringing you today has that kind of potential. It aims to build "the future of live TV with AI as its centerpiece." And right now, shares of this company are trading under two dollars. If it can execute on its plan, it'll deliver a moonshot payoff; if it stumbles, or fails outright, it'll disappear like smoke on a windy day. Either way, this is one AI tale worth listening to... Click here to continue reading |
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