AI, China, and The New World Order

: 👉 Trade disputes, cyber-attacks, piracy, and now this? [Altucher Confidential] September 08, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Trade disputes, cyber-attacks, piracy, foreign policy disagreements -- and now AI. [Hero_Image] AI, China, and The New World Order [Click here to learn more]( Financial Fallout Expected “Please head to your nearest economic shelter” - Former Pentagon Advisor What you’re about to see is a [disturbing new message]( from Jim Rickards. One that references a biblical warning made nearly 4,000 years ago. And points to an [economic nuke]( set to hit the markets just a few short weeks from now… If you’re worried about the state of the U.S. economy, and the strength of the U.S. dollar… [I suggest you watch this message now…]( Then head to your nearest financial fallout shelter. Because once this crisis hits…it will already be too late. [Click here to view]( [Chris Campbell] CHRIS CAMPBELL Dear Reader, AI. AI. AI. Say it three times fast and a genie will pop out from your WiFi router and grant you three wishes. That’s basically what some AI “experts” -- we won’t name names -- are predicting. Don’t get us wrong. AI is indeed the future. Yesterday, James joined us to talk about how to avoid the hype… and focus on the real innovation happening in the AI space. Today, he turns his attention to the East. Is it time to invest in Chinese AI? Read on for his answer below. [By the way, James recently had AI expert Kai-Fu Lee, author of AI Superpowers, on his podcast. Though it was recorded in 2018 -- a different world entirely -- a lot of what they said turned out to be spot-on. Check it out [here]( AI Discovers Breakthrough New Cancer Treatment? [Click here to learn more]( Just recently, scientists in Canada were able to use AI to create a new cancer treatment in less than 30 days! Now, cancer alone is a significant market worth hundreds of billions of dollars annually… Just think about the implications if AI were to find a cure and take over this market. Now take a moment to picture what might happen if AI were to cure other diseases like Alzheimer’s… heart disease… and more – as I fully expect it will… [It could be worth trillions of dollars of economic impact – and keep in mind we’re still only talking about one industry](. The fact is, AI is the single biggest innovation in the history of humanity. That’s why I believe anyone who invests now – while this new technology is still in its infancy – could see the chance at making generational profits. [Click here now to see the 3 tiny AI stocks best positioned to profit](. AI, China, and The New World Order [James Altucher] JAMES ALTUCHER It’s no secret it has captured the investor’s imagination. The folks on CNBC can’t help but report on things like ChatGPT every chance they can. But here’s the thing. When I gather my team around the virtual conference room and take their temperature on AI, one thing continues to be said: AI will have a dramatic profit-based impact on boring businesses where few investors are looking. Boring doesn’t mean unprofitable. But look, AI will continue to have a material impact in an industry like tax, accounting, medical devices, health care, and financial services. And from there, it’ll be in things like manufacturing and tooling. But all we hear about today is ChatGPT. Large Language Models (LLMs) are cool and useful, but it’s far from what’s coming. Goldman Makes a Risky Bet on Chinese AI I’ve said this before, but it’s worth repeating; The US and China have been in a “cold war” for years. Trade disputes, cyber-attacks, piracy, foreign policy disagreements -- you name it! Today’s battle du jour is AI supremacy. You probably already know that the US restricted the export of specific AI processors to China. NVIDIA responded by making its Chinese customers a weakened processor, but now the government may also be stopping those. The bottom line is the U.S. government isn’t interested in helping China compete against the other, friendlier nations in the race for AI supremacy. Knowing this... Isn’t it odd that Goldman issued a couple of research notes to clients around the middle of this month, naming three Chinese stocks as opportunities (albeit not free from risk) in the AI space? The three companies Goldman highlights are Baidu, Alibaba, and Tencent. The analyst on the report is Ronald Keung. I understand the need for diversity, and not just among industries. Diversity among countries is worthwhile as well. But when we’re talking about communist regimes, risk management needs to be placed well above everything else. To Ronald’s credit, he’s clearly looking at generative AI's impact on cloud computing to justify his bullish bias. My team and I are very familiar with these companies. We’ve followed them for years. And for the most part, they’re excellent companies. Unfortunately, here’s the problem. Nobody’s Talking About This We live in a world where most Chinese-based companies are uninvestable due to the unpredictable nature of the Chinese government. Oh, and let’s not forget what we already know; The U.S. government is hellbent on restricting Chinese companies from accessing the chips necessary to make AI-based tech really hum. The bottom line is Ronald may believe Alibaba is cheap on a valuation basis, and Tencent may be a rockstar in the world of advertising and payment recovery, but, and I’ve seen this repeatedly over my career, until there is massive political reform in China, investing in its economy is very risky. But hey, if someone convinces Tencent to sneak out of the country in the middle of the night and set up shop in a capital-friendly country, I’ll be the first investor through the door to reevaluate it. As always, we’ll continue to follow the story as it unfolds… Plus, we’ve uncovered a few opportunities that are way less risky. Stay tuned. [James Altucher] James Altucher [CHART] Could Inflation Hit 20%+ In 2023? [James Altucher]( Take a close look at this scary chart pictured here… What you see is the money supply in America… And as you can see, the number of dollars in circulation has exploded in the last few years. In fact, more than 80% of all dollars to ever exist have been printed since just 2020 alone! Which is why some say inflation could soon explode even higher than it is now, to 20% or more. And if you’re at or near retirement age you must take action now to protect yourself… otherwise you risk losing everything. [Simply click here now to see how to survive America’s deadly inflation crisis](. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. 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