The Value of Data

[The Bleeding Edge]( The Value of Data By Colin Tedards, Editor, The Bleeding Edge Dear Reader, “There's just no substitute for a massive amount of data.” That was what Elon Musk said during Tesla’s earnings call last week. To date, Tesla has gathered 300 million miles of road data. The company believes it will reach billions of miles soon. Tesla began testing Full Self-Driving (FSD) software in 2020 and now has 360,000 users. It relies on collecting visual road data from Tesla vehicles on the streets. This data is used to train AI to recognize obstacles, pedestrians, and various other elements. Elon Musk says it's more data than all other car companies combined. This extensive dataset behind its products gives the EV maker a competitive advantage. It also allows the company upward pricing power. When Tesla initially introduced the FSD option, it was priced at $5,000. However, Tesla has raised the price 200% to $15,000 in under three years. Tesla’s pursuit of gathering driving data has given it a revenue stream few other automakers can compete with. This helps explain why Tesla's market valuation is higher than that of the next five largest automakers combined. Recommended Link [The #1 stock for 2023]( [image]( Investment expert Brad Thomas knows how to pick stocks. He bought Starbucks back in 2006… He bought Nike in 2003… And he and his team delivered a near-perfect track record from March 2020 to September 2022. Now, for a limited time, he’s revealing his #1 stock for 2023… [Get its name here.]( -- Tesla's next move involves licensing the software to other car manufacturers. It wouldn’t be the first time competing automakers adopted Tesla’s tech. Ford, GM, Mercedes-Benz, and Volvo have all committed to adopting Tesla’s charging system. FSD is just one example of cutting-edge AI being fueled by large datasets. The hundreds of millions of miles driven in Teslas are being used to train an AI that can drive alongside humans. Tesla has a head start because it started collecting data back in 2014 when it first rolled out autopilot features. That means other car makers that are only now realizing they need to start collecting data are at a huge disadvantage. But having massive amounts of data isn’t limited to car makers. Recommended Link [Man who Predicted “End of Cash” Issues New Warning for July 26]( [image]( In 2016, former banking VP Teeka Tiwari warned: “A ban on cash is coming sooner than you think...and when it does, it will strip you bare of any privacy.” His prediction is finally coming true, and if you don’t prepare by July 26… You could end up holding a bunch of worthless US dollars. [Click here to see this shocking new video exposing the government’s plan to recall the US dollar and learn how to prepare.]( -- Access Offers Success Over the past year, we’ve seen Microsoft, Alphabet, Meta, and Apple announce AI plans. Some like Microsoft are already starting to charge for AI services… while Apple is still trying to decide what its dedicated AI service will look like. But all of these companies have one thing in common… access to massive amounts of proprietary data. - Microsoft 365 has over 1 billion daily users. - Alphabet has 4.3 billion users. - Meta has 3.7 billion users. - And Apple has 1.5 billion users. These large user bases are a huge moat for these companies in the AI race. Any up-and-coming, pure AI company is going to have to form a partnership with one of the giants to gain access to this wealth of data. Recommended Link [Get access to Market Wizard’s top strategy for 2023]( [image]( Larry Benedict is an incredibly successful yet relatively unknown trader. Now, he is coming forward to share a brand-new forecast to make all the money you need in any market, using a single stock. [Click here to watch.]( -- We’ve already seen that with OpenAI and Anthropic. Microsoft invested $1 billion into OpenAI in 2019 and committed to building an AI platform with OpenAI. Since then, Microsoft has invested a total of $13 billion into OpenAI and allowed it to use its Azure cloud resources. Undoubtedly, Microsoft’s support has helped catapult ChatGPT to a household name. Similarly, Alphabet invested $400 million into Anthropic to support its AI development. Anthropic has produced Claude, a competitor to ChatGPT. Without these partnerships, OpenAI and Anthropic would not be leaders in the current generation of AI. What you need to understand is that the tech giants are only going to get bigger under this regime. In the AI era, the key elements are access to extensive datasets and cloud computing resources. Startups will need to partner with them for a chance at success. And customers will have to choose among a handful of tech companies for AI products. That’s the value of data. Regards, Colin Tedards Editor, The Bleeding Edge --------------------------------------------------------------- Like what you’re reading? Send your thoughts to feedback@brownstoneresearch.com. IN CASE YOU MISSED IT… [Reverse ‘money machines’ popping up across America]( Machines like the ones in this picture are popping up all across America. If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a ‘Reverse ATM’. They’ve been installed at places like Citizen’s Bank Ballpark in Philadelphia… They’ve even been used at the Super Bowl. Why are these machines suddenly appearing out of nowhere? And what does it mean for your money? We’ve recently arranged an interview with former Goldman Sachs managing director, Dr. Nomi Prins, to get her take. There’s nobody in America who’s more aware of the inner workings of the banking system. In the interview, [Dr. Prins explained these strange ‘reverse ATMs.’]( And she said she expects them to play a key role this Summer as our nation’s financial system is overhauled for the first time since 1971. According to her research, many Americans will be blindsided by what’s to come. BUT, folks who understand the ‘Reverse ATM’ phenomenon before it becomes obvious to the average American could actually profit in the weeks ahead. To help folks prepare, she’s recorded a briefing that explains exactly what she sees coming, how it will play out, and how much time you have to prepare. [Click here now to see Dr. Prins’ free presentation.]( [image]( [Brownstone Research]( Brownstone Research 55 NE 5th Avenue, Delray Beach, FL 33483 [www.brownstoneresearch.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Brownstone Research welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-512-0726, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@brownstoneresearch.com). © 2023 Brownstone Research. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Brownstone Research. [Privacy Policy]( | [Terms of Use](