This $826 Billion Trail Leads From Congress to AI

[Inside Wall Street with Nomi Prins]( This $826 Billion Trail Leads From Congress to AI By John Pangere, Analyst, Inside Wall Street with Nomi Prins It was code-named “PURPLE.” In the early days of World War II, the Japanese developed a secret machine. They wanted a secure way to transmit their most sensitive diplomatic messages. Unlike the more famous German Enigma machine, it did not use rotors. Instead, Japanese engineers used stepper switches – devices that switch an input signal to one of several possible output paths. That made it nearly impossible to decode. So the U.S. Army brought in the one man they believed could break it: William Friedman. Friedman wasn’t just any code breaker. He was the code breaker. The son of Russian immigrants, Friedman got interested in code-breaking at a young age. After graduating from college, he started working for wealthy landowner George Fabyan to find ways to improve crop growth. At the same time, he developed a crush on fellow colleague Elizabeth Smith. Smith was working with Fabyan on trying to prove that William Shakespeare was actually Sir Francis Bacon. Fabyan believed there was a secret code in the works of Shakespeare – leading to his true identity. Fortunately for America, Friedman’s crush changed the course of his career… and his life. So much so that Friedman and Smith married not long after they started working together. Eventually, he became one of the top cryptologists in the U.S. war effort during World War I. After the war, he started a new job as the chief of the Signal Intelligence Service. Today, we know it as the National Security Agency (NSA). But by far, Friedman’s biggest achievement was breaking PURPLE. I’m telling you this because today, we’re at the dawn of a new age of defense. And at the center of it is a just-announced $826 billion spending spree for the Pentagon. If you understand where that money is flowing, you can position yourself to capture a slice of the profit potential to come. And that’s where Friedman’s genius comes in. Recommended Link [“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prins]( [image]( $100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers. She’s talked about it on podcasts… live TV… and in her newest, bestselling book, Permanent Distortion. Dr. Prins says: “This asset has nothing to do with gold or silver, but it has many of the same features to protect your wealth – and preserve your privacy.” As the turbulence in our world grows worse and worse… [Click here now to see what Nomi is recommending before it’s too late.]( -- Ahead of the Game Unlike the British – who had a copy of the Enigma machine – Friedman had nothing. He only knew the machine existed. After months of trying to figure out the code, Friedman and his team had a breakthrough. They realized PURPLE used stepper switches instead of rotors. And they did it with nothing but their intellect. In fact, Friedman’s effort was so complete, he was able to anticipate how the machine’s codes would change over time. It gave U.S. intelligence real-time analysis of top-secret Japanese communications, including troop movements. It was a huge advantage. And it helped bring an end to the war in the Pacific. Today, we have all sorts of devices and programs that can do the job William Friedman did with his brilliant mind. Those programs continue to evolve more and more every day. Programs that can save companies millions of dollars. Programs that can help hospitals function better. And programs that can mean the difference between winning – or losing – a war. Many of these users are tapping into advanced technology like machine learning (ML) to make that happen. Now, the U.S. is zeroing in on that technology to stay ahead of the game. It’s why the government and the military are going all-in on artificial intelligence (AI). Recommended Link [Market Wizard crushed the market in 2022. What’s he got in store for 2023?]( [image]( Market Wizard Larry Benedict crushed the market in 2022… He delivered a perfect track record to his One Ticker Trader readers, going 11-for-11. Previously, he went 20 straight years on Wall Street without a single losing year. And when the market plummeted 37% in 2008, he delivered 23% returns… Now he’s sharing an over-the-shoulder “demo” of his winning strategy in action. He calls it the One Ticker Retirement Plan… And it takes less than 10 seconds to demonstrate. [Watch it here.]( -- Open for Business When it comes to the government, there’s one thing we can always count on: spending. That’s especially true when it comes to defense spending. Even with some pullbacks every so often, defense spending is always on the rise. That’s what the chart below shows… [Chart] Within a few years, it will probably eclipse the $1 trillion mark. Some of that has to do with the massive upkeep for existing operations. And some of it has to do with new spending to keep up with the times. Today, keeping up means a greater focus on AI. In fact, Marine Lt. Gen. Michael Groen – head of the Joint Artificial Intelligence Center (JAIC) – said: If we want AI to be our future, then AI has to be our present. That was around the time, two years ago, when the National Security Commission on AI released its final report to lawmakers. The report recommended federal research spending on AI to double each year, eventually reaching $32 billion by fiscal 2026. According to Vantage Market Research, the “AI in Military” market was just $6.6 billion in 2021. Vantage expects that market to grow at 12.9% through 2028 to $12.7 billion. We think that figure is on the low side. That’s because Congress is looking to expand AI research in order to make sure the U.S. remains ahead of China. And in June, Senate Majority Leader Chuck Schumer vowed to make AI a priority. That was on the heels of a bipartisan group of senators introducing the Global Technology Leadership Act. The goal of the act is to “better synchronize our national security community to ensure America wins the technological race against the Chinese Communist Party,” according to Senator Todd Young (R-IN). Recommended Link [Digital Dollar Could Send These Three Stocks Booming]( [image]( A digital dollar (or CBDC) could soon replace the U.S. dollar. Most people could end up holding worthless dollars. But a few could get rich from this new shift. You see, if you know which companies are working on these CBDC projects, you could come out of this shift wealthier than you ever thought possible.. But you need to act fast. [Click here to get the exact steps to take right now.]( -- This $826 Billion Trail Leads From Congress to AI In our experience, when the Department of Defense (DoD) and Congress latch onto a trend, speculating on that trend is usually a great bet. It’s why Inside Wall Street editor Nomi Prins spends so much time on Capitol Hill – to stay ahead of Washington’s money trail. And today, that trail leads to AI. That’s why Nomi put out an urgent briefing last week, [The AI Ultimatum](. She shared details on her favorite AI company today. This tiny AI company is trading for only $0.26. And a major announcement could send it soaring at any point. See, the U.S. government missed the AI frenzy. And now, it’s scrambling to catch up… to the tune of a just-announced $826 billion spending spree. [Click here to watch Nomi’s briefing while it’s still online]( and learn more about this tiny company. Regards, [signature] John Pangere Analyst, Rogue Economics --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). MAILBAG Do you think the “AI in Military” market reaching $12.7 billion by 2028 is too low of an estimate? How much do you expect the market to grow in the next five years? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). IN CASE YOU MISSED IT… [He Declined to Go on CNBC – Now He’s Finally Revealing His “Millionaire Secret”]( During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret. Jeff politely said no. And now, years later, Jeff is back to finally bring this secret into the light. …Revealing how anyone can collect returns of huge gains in just 8 days… in bullish AND bearish markets! And why you need to IGNORE 99.9% of the market, instead focusing on only ONE stock. [(ticker revealed here)]( Jeff says: “I am tired of watching as investors lose their shirts buying risky assets… even my OWN SON lost -60% in crypto & tech stocks… now I’m going to give him a [“Financial Intervention”]( to help him win his account back in 2023!” [Click Here to Watch Jeff Demonstrate This ONE Stock Secret.]( [image]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( 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](. Rogue Economics 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: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2023 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](