Colin’s Note: This time last year, artificial intelligence was still more of a fringe investment idea than the transformative tech opportunity we’re seeing unfold today.
A lot of folks were hesitant to jump on the bandwagon… And it has proved to be a costly mistake.
If you were one of them, don’t worry.
The next big wave of funding is coming to the AI revolution – a $1 trillion investment boom in AI data centers over the next few years… and it’s laying the groundwork for the next phase of AI.
I get into this second chance at AI profits in today’s video… plus some news we got this week that proves the next phase of AI is nearly here and will see this technology truly take off. Just click below to watch.
Bleeding Edge subscribers, hopefully, you guys are doing well.
It’s been about a year since I started contributing to this newsletter. At the time, many folks felt artificial intelligence (AI) was just a buzzword or a fad…
That it would fade out as quickly as that next mean stock rally… or that AI was an investment filled with imminent risk…
That AI would take everybody’s jobs and we would need something like universal basic income to survive or China would overtake Taiwan and cripple the semiconductor industry in the process.
As it turns out, the doubt surrounding artificial intelligence was just a distraction. And a costly one at that.
A $10,000 investment into a broadly diversified semiconductor ETF a year ago would be worth about $18,000 today. The cold truth is if you believed what many were saying about AI a year ago, it cost you a lot of money.
But the beauty is that if you waited a year, the opportunity to invest in the explosive growth around AI has never been clearer.
That’s right. With companies worldwide planning to pour a staggering $1 trillion into AI data centers, we’re on the brink of a technology supercycle most of us just have never seen before. And this massive investment is laying the groundwork for the next phase of AI.
I’ve seen other newsletter writers talking about the blueprint we laid out for you last year – the hardware, software, everywhere pattern that new technology trends follow – and we’re in the midst of a $1 trillion AI hardware build-out.
It means the future of software is right around the corner. But what does this colossal data center investment mean for the future of software? As AI data centers proliferate and become more readily available, what type of software will benefit? And what will it look like?
This past week revealed clues to actually what could be the most exciting era of software we’ve ever seen.
Apple has been noticeably absent from virtually all AI-related advancements over the past year.
Think about it. They’ve made no news. The company’s phones and other devices remain some of the most popular in the world. But Apple’s AI-related software is well behind the competitors at this point.
But rumors are now swirling that Apple will partner with OpenAI to help power its AI-related devices here soon, maybe even later this year.
Similar to how Apple allows Google to be the default search engine on its phone, OpenAI stands to become the default AI assistant on more than a billion devices worldwide.
This is the breakthrough moment we’ve been waiting for on the software side of AI.
We’ve gotten the breakthrough on hardware. Now the breakthrough is about to occur in software.
So, over the past year, primarily large corporations and enterprises have been using AI to drive efficiencies, reduce costs, and increase profits. But powerful AI technology on the iPhone brings the power of AI to the palm of our hands.
This is very exciting. But many investors will be paralyzed in fear because once AI rolls out on the iPhone, the advancement in software will once again trigger terrifying news stories about AI.
I’m not going to lie, some of the possibilities already being discussed are a bit strange to me.
For example, the CEO of the popular dating app Bumble predicts that the way we meet and match in the future will be completely different than today.
Instead of viewing profiles and pictures, sending messages, and talking on the phone to get to know one another, we’ll each have our own AI that knows everything about us. From the TV shows we like to our sense of humor, maybe even our politics… our AIs will communicate with each other first and, if compatible, will trigger a connection maybe in person.
I’m happy I met my wife well before smartphones were even invented. But if this is the future of matchmaking, so be it.
But this is just one example of how bringing AI to the iPhone is really going to change everything, including dating, apparently. Our phones know us better than our friends, coworkers, and even our doctors do.
Imagine the kinds of software that will come once AI is given access to all this knowledge about ourselves.
For those of you that grew up in an era before the internet and smartphones existed, I’m one of them too. I can understand the hesitation or fear around this type of technology. I get it.
But this is The Bleeding Edge. And we’re moving into an era where the next generation has grown up with computers and smartphones around them since they were born.
Embracing this new era means not only recognizing the growth potential… but also preparing for the incredible ways AI will enhance our world.
It’s coming sooner than we think. And once AI is on the iPhone, big things are going to happen. That was The Bleeding Edge for today. Be back again on Friday. See you then.
Like what you’re reading? Send your thoughts to [email protected].