AI Will Be The Next Monster Trend!

When I first started working at Spear, Leeds & Kellogg in 1995, we were in the middle of the PC Boom.  Companies like Microsoft, Intel and Dell Computer were on fire.

I worked for a great man named Jimmy Morris, and he traded Dell Computer.  As the new trading assistant, I watched Dell go up 5-10% daily.  Dell was a phenomenal investment: over a 10-year period, from 1990 to 2000, it turned $5000 into almost $5 million.

The next big trend would be the Internet.  Once again, I was in a great position, as Jimmy was chosen to trade Amazon.

It was hard to visualize back then what the Internet, and Amazon, would become, but I had a chance.  I had a chance, in fact, to wager a tidy sum that would have turned into a king’s ransom.  But I missed it.

The next big trend was mobile.  Once again, opportunity was staring me in the face, in the form of Apple.

Once again I missed it.

Here we are in 2019, and the question is: what is the next big trend?

The evidence is pointing to artificial intelligence (AI).

AI is already used in so many ways by so many companies.  Netflix, Amazon, Tesla, Google,, and IBM all use artificial intelligence.  Anything we do online in this day and age uses artificial intelligence; it is prevalent in our lives today on a large scale.

During the latest conference call of almost every business, the phrase “artificial intelligence” was used more than during any other quarter.  Every company in every industry will have to incorporate AI in their business if they want to stay competitive.

Ark Invest manages a group of exchange-traded funds (ETFs) focused on disruptive innovation.  They estimate that AI will create $30 trillion in market value by 2038.

I wrote about artificial intelligence a year ago, and what I wrote still applies today.  Check out this post as well as this one to learn more about AI and how you might invest in this trend!

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click here to be taken to its Amazon page.

(Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)


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