Eccentric millionaire James Altucher believes artificial intelligence is this generation’s last chance to get in on a game-changing technological advancement.
A brief “wealth window” has opened to get in on the next wave of Artificial Intelligence or “AI 2.0 Stocks.” But it closes on January 9, 2024, and there's still time before it's too late.
The Teaser
James isn't talking about ChatGPT, Bard, OpenAI, or any of the trendy recent AI applications all over social media and the news. Instead, he's revealing something here not many people are aware of, that will soon transform our economy, lives, and society forever.
From crypto to venture capital, and podcasts, James Altucher is known for a lot of things. Here at Green Bull, he is best known for teasers like the “A.I. Crown Jewel” and “StarNet Companies“, among others.
Altucher's many side ventures also include AI, which he went to grad school for and has been working with ever since programming his own early AI-powered investing tool.
All of his experience has convinced him that AI will be the first $100 trillion-dollar industry!
Here are a few figures that lend some credibility to this claim.
For starters, the global AI adoption rate has gone from non-existent a decade ago to nearly 40% today. Impressive.
Second, given the rapid rate of adoption, investment in AI is exploding.
That's 850% growth in only two years. Extrapolate this out over the next decade and James' $100 trillion prediction doesn't seem so crazy.
This is very much possible, as AI is still in its earliest days.
Today’s first batch of public AI applications, what James is calling first-generation AI, are all using tech that's been around for years or even decades in some cases. They’re already obsolete.
A Blueprint for Investing in New AI
The next phase of AI or what James calls AI 2.0, is where the real opportunity lies and it’s coming right now.
What exactly is AI 2.0?
James reveals this along with his top AI 2.0 stock picks later in this presentation.
The Pitch
All the info on these stocks has been packaged in a new report called The $10,000 to $1 Million AI 2.0 Blueprint.
The report is the result of James and his hand-picked team’s research into the future of AI and we can claim it with a subscription to the Altucher’s Investment Network newsletter. It usually costs $299 for a year’s subscription, but the price is being slashed to just $49 for the first year.
Included in the discounted price are monthly issues with wealth-building picks, weekly email updates on a model portfolio, free special reports, and unadvertised bonuses.
What is AI 2.0 Exactly?
If the AI publicly available today capable of generating text, images, and automating simple tasks is 1.0.
Then the next generation of AI, will drive major technological changes on the order of the automobile and photo cameras.
This is exactly what James is predicting.
Our entrepreneurial presenter says “AI 2.0 will usher in America’s Second Gilded Age”.
Just like the railroad and automobiles did away with horses and carriages during the Gilded Age in the late 1800s, AI will radically transform our economy and society.
It was during the Gilded Age that the U.S. economy grew at the fastest rate in history and it was also during this period when America became a world leader when it comes to technology.
Now, a so-called “wealth window” has cracked open, as it did back then, that will among other things:
- Return manufacturing back to America from China thanks to robotics and quantum computing chips
- Revolutionize transportation through autonomous delivery vehicles
- And make identity theft almost impossible
There’s not a single industry that AI won’t revolutionize, it is even creating “romantic companions” for lonely people…which is a little strange, but to each their own.
Kicking off A Global Economic Boom
Whenever there's a boom of any kind or money being made, grifters won't be far behind.
Given the sheer size of the AI market and the fact that it will impact every single industry under the sun, the grifts will be larger and more numerous.
According to Will Manidis, CEO of AI-driven healthcare startup ScienceIO, “There are hundreds of millions of dollars being deployed towards glorified tech demos.” Most, if not all of these, will fail.
The grift won't be limited just to startups, even established public companies will attempt to position themselves to be seen as “AI companies.”
Fortunately for us, James says he has done the groundwork and assembled some AI 2.0 stocks that are the real deal. Let's see what these are.
James Altucher’s AI 2.0 Stocks
What does James' decades of experience say are the best next-gen AI stocks?
First Pick
The first stock in his portfolio is a groundbreaking European company that is helping quantum computing chip manufacturers make more powerful chips.
This company's pioneering technology uses extreme ultraviolet (EUV) light to burn new transistors into a chip.
Its name is revealed to us as ASML Holding N.V. (Nasdaq: ASML).
What else is among James' top five picks?
- One “light-years-ahead” AI chip maker
- A company creating robotic worker management tools
- And another company creating powerful AI voice recognition software
No other info is provided, we are just directed to James' aforementioned $10,000 to $1 Million AI 2.0 Blueprint report.
Despite the absence of info, here are some possibilities based on James' brief descriptions:
- Quantum AI chipmaker: IBM (NYSE: IBM), Alphabet Inc. (Nasdaq: GOOG), and Rigetti Computing Inc. (Nasdaq: RGTI) are all leaders in this space.
- Robotic worker management tools: UiPath Inc. (NYSE: PATH) and Appian Corp. (Nasdaq: APPN) are among the top publicly traded robotic process automation (RPA) stocks.
- AI voice recognition software: SoundHound AI (NASDAQ: SOUN) and Microsoft (Nasdaq: MSFT) by way of OpenAI's Whisper automatic speech recognition system are distinct possibilities.
Turn $10,000 into $1 Million Over the Next Few Years?
The guy who wrote a book on finding 100 bagger stocks, Christopher Mayer, has called it “an outrageous quest with a wildly improbable chance of success.”
I agree with this description, improbable, but not impossible.
In his study, Mayer found that around 300 companies achieved 100 bagger status between 1962 and 2014. The quickest company to achieve that status took 16 years, while the longest took 45 years.
We can glean a couple of things from this.
First, we can forget about a 100-bagger over the next few years. More like one decade or more.
Second, we should start by looking at small companies. The majority of 100 baggers came from micro-cap and small-cap companies with market caps of $300 million to $1 billion, which I am not surprised by.
Revenue growth is much easier to come by at this size and stocks are also more likely to be underbought.
This disqualifies many of the possibilities mentioned earlier, but not all.
Quick Recap & Conclusion
- Eccentric millionaire James Altucher believes artificial intelligence is this generation’s last chance to get in on game-changing technological advancement and he has some “AI 2.0 Stocks” we need to buy.
- James says “AI 2.0 will usher in America’s Second Gilded Age” and drive major technological changes across every industry.
- The breakdown of these changes along with James' top AI 2.0 stock picks is revealed in a special report called The $10,000 to $1 Million AI 2.0 Blueprint. It's ours with a subscription to Altucher’s Investment Network newsletter, which costs $49 for the first year.
- Only the name of James' first pick is provided to us – ASML Holding N.V. (Nasdaq: ASML). Just the name of the industry of each subsequent pick is mentioned and we provided some possibilities for each.
- Turning $10,000 into $1 million is no easy feat, but not impossible either. The majority of 100 bagger stocks throughout history have come from micro-cap and small-cap companies with market caps of $300 million to $1 billion, displaying consistent revenue growth and low to moderate valuations.
Which company do you believe will be the first AI 100 bagger? Let us know what your crystal ball is telling you in the comments.