shaker13 wrote: And Ready for "The Ride of a Lifetime" with the AI Wave
I went through the DotCom and that was the Bull Market of the Century.
There hasn't been anything like it since.
I watched penny stocks go to the stratosphere on no fundamentals other than a cool name.
I remember one in particular that got me hooked.
I met this interesting character with a handlebar mustache sitting in a rest lounge at my work and he was staring into a newspaper full of statistics.
I asked him , what are you checking sports scores?
He said no I'm looking at stock quotations. I said oh, that's interesting.
He said ya I screwed up big time.
I said oh really how's that?
He reply’s, I bought the Fibre Optic Stock for 10 cents and I sold it at a dollar.
I said how can you consider that a screw up?
He says check it out now, I will never forget the name of the equity, it was called
Tele-Backup
My freaking eyes nearly popped out of my head
((( $1100.00 a share )))
The Rising Tide Lifts All Boats my friends & AI is Liquid Gold!!!
Check out NVDA or PLTR
This is just the beginning or the tip of the iceberg!!
I've seen this coming for a long time and knew that when AI/Machine Learning/Deep Learning/IOT/5G/6G/Cloud + NanoTech to usher in the new paradigm of chips & biotechnology which will open up the Hyperdrive-Highway to unprecedented change on such a scale and at a rate of speed that it will create shock & awe and everyone rushing into the markets and chasing everything that remotely glimmers of AI
One area you will see cataclysmic change is going to be healthcare so get ready to live to be 150 years old..haha
This was always coming, ChatGPT was only the spark that turned on the screen so everyone could see inside.
I wouldn't be the least surprised if we are into quantum computing by next year, and that my friends will be like Star Trek going to warp nine.
Watch it will be generative AI that makes it all happen, then will come AGI, and if you think harnessing Generative AI is a mountain to climb, watch the world come together to figure out harnessing the elephant in the room (AGI)
I think we will get a handle on it but it will take a all hands on & a Herculean non politicized effort
This Bull Market may not be on the same scale as the DotCom was but make no mistake, DM is going to make many millionaires many times over and the size of the float won't mean Jack , and even much more obscure & less relevant plays on AI will produce millionaires because nothing can stop this AI Bull Market
Don't just take my opinion on this, do some DD on Art Cashin, he's another guy that knows exactly what a real
$ Bull Market $ Looks like!!
What I don't think Art is factoring in though is that once everyone wakes up to how many jobs are going to be lost to AI
(north of 60%) It's going to be a STAMPEDE into AI Stocks as people's perceived (last chance) Hedge Bets
https://ca.news.yahoo.com/ai-hype-gripping-stock-market-024329677.html
https://www.newsbytesapp.com/news/business/ai-to-affect-two-third-jobs-warns-goldman-sachs/story
Bashers may claim this is nothing but a shameless pump, and you can by all means, listen to their diatribe at the risk of missing the opportunity of a lifetime.
https://twitter.com/elonmusk/status/1661897511337082880?s=46&t=K0xQW75jRwMZDBTpCq1sjQ
Tech insider Luke Lango calls it simply, “a once-in -a-lifetime investment opportunity where 1,000% and even 10,000% returns are entirely possible.”
https://www.businesstimes.com.sg/opinion-features/artificial-intelligence-stock-market-rush
https://www.bbc.com/news/technology-65032848
Perhaps DM should pursue a listing in S.K. ?
https://www.bloomberg.com/news/articles/2023-05-31/kospi-climbs-20-from-september-low-heads-for-bull-market?leadSource=uverify%20wall
https://www.theglobeandmail.com/investing/markets/stocks/NVDA-Q/pressreleases/17400723/marc-benioff-predicts-generative-ai-will-be-revolutionary-but-will-it-transform-salesforce-stock/
With the link below, I believe the writer nails it up to
“The Last Word”
https://investorplace.com/hypergrowthinvesting/2023/06/ai-may-be-the-only-way-to-make-money-these-days/