Tech Billionaires, Bureaucrats, and Artificial Intelligence

🤖🤖🤖 The new tech’s tug-of-war. [Altucher Confidential] September 19, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Washington held an AI conference last week: Here’s what you need to know. [Hero_Image] Tech Billionaires, Bureaucrats, and Artificial Intelligence Attention! Before You Read Any Further… [James Altucher]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( Once you’re done with that, read on to see today’s issue… [James Altucher] JAMES ALTUCHER Dear Reader, Washington held an AI conference last week that was probably a total waste of time. It focused on regulating AI, including billionaire tech leaders like Elon Musk, Mark Zuckerberg, Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, and other tech billionaires… Among the topics discussed were racial biases of AI, copyright protections, and AI’s potential to eliminate many jobs. Although Washington deserves credit for calling a meeting of top tech minds to discuss important topics, it is unlikely that the summit will produce results any time soon… The problem comes down to the highly technical nature of AI. If Washington regulators struggle to understand the science (or lack of science) around masks and vaccines, what chance do they ever have of understanding complex topics like perceptrons, matrix algebra, or Markov chains? If this sounds like gibberish to you, that's the point. Understanding AI requires deep technical knowledge. Many of Washington’s lawmakers don’t have the knowledge to comprehend it. And how can they attempt to set rules of use for a technology they don’t understand? From my perspective, the idea that Washington could effectively regulate AI may be slightly out of reach. While yesterday’s summit was a first attempt at beginning to get a handle on something they cannot fully grasp, it is a step in the right direction… Your Credit Card: Declined? [James Altucher]( Take a moment and picture this scenario: The line at the gas pump is getting longer as you insert your credit card for the second time. You decide to head in and ask the cashier what’s going on. There’s a long line inside. The woman in front of you looks frustrated. Everyone does. “There’s nothing I can do. You’re declined,” the cashier says to the man at the front of the line. It’s not just you. Everyone is declined. Something doesn’t seem right. A sinking feeling sets in as you realize something has gone terribly wrong. [Click here now for an urgent new prediction from a former advisor to the CIA and Pentagon.]( Embracing The Tech Trend Yesterday's meeting was proof that government regulators are starting to understand the fact that AI is here to stay. The technology is here and it's evolving fast. And whether they believe it’s good or bad for the economy, it doesn’t matter… Companies in almost every industry are racing to evolve with the times and formulate an AI-centric business model. Washington knows this (which is why they called this high-profile meeting in the Capitol) and they are scrambling to figure out how to contain it. I’m not sure if our government agents have the capability to effectively regulate AI, but I think the fact that they are in talks about setting laws around this groundbreaking technology is a good sign. It shows us that, whether they can contain it or not, they know it’s not going anywhere. As for us here in Altucher Confidential and Altucher’s Investment Network… we already knew that a while ago. But, as with regulating AI, effectively investing in AI requires a deep technical understanding of the underlying math and science. Investors who don’t have access to investment research performed by experts with a deep understanding of the technology are at risk of missing out on the single most significant wealth-creating opportunity of all time. Fortunately, my team is stacked to the brim with experts who’ve spent years studying AI in depth. My team and I are constantly evaluating opportunities in the space as we search for small startups poised to become a trillion-dollar behemoth. And we think we’ve got one. After an eight month long investigation, my team and I have uncovered what I believe is the biggest wealth creation opportunity I have ever seen. Industrial Revolution? Bigger. Internet revolution? Bigger. Thing is, it’s happening over 2,000 miles away from Wall Street. I made a short video to show you how it works. [Click here to watch. I’ll explain everything.]( Best, [James Altucher] James Altucher Editor, Altucher Confidential New AI 62 Times Smarter Than Einstein? [James Altucher]( AI is already 100,000 times faster than humans are… And by 2025, Elon Musk predicts AI will also be “vastly smarter” than any human. Masayoshi Son, the CEO of SoftBank goes as far as to predict that, over time, AI could reach an IQ of 10,000… That would make AI more than 62 times smarter than Einstein’s IQ of 160. Can you imagine the possibilities of an AI supercomputer which is 100,000 times faster than any human and has an IQ of 10,000? [Over time, AI could be used to cure cancer, enable a new age of space travel, and much, much more](. That’s why AI is set to change the world in ways almost nobody can imagine today. And 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 we believe are best positioned to profit](. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Altucher Confidential e-mail subscription and associated external offers sent from Altucher Confidential, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@altucherconfidential.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. 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