The Next Arms Race Is Here – And AI Is at the Center of It

[Inside Wall Street with Nomi Prins]( The Next Arms Race Is Here – And AI Is at the Center of It By Clint Brewer, Analyst, Inside Wall Street with Nomi Prins If you thought ChatGPT was the biggest artificial intelligence (AI) development in 2023… Think again. The AI chatbot quickly gained popularity for its ability to handle a wide range of applications, from answering complex questions to preparing legal documents. But just as ChatGPT started grabbing headlines, a far more important AI development went unnoticed. On February 13, an emerging technologies unit of the Department of Defense announced that an AI software successfully flew an F-16 fighter jet for 17 hours across 12 separate flights. That goes to show that AI is way more than enhanced internet searches. But as Inside Wall Street editor Nomi Prins put it at her urgent briefing last week, [The AI Ultimatum]( the explosion of AI caught the U.S. government off-guard. Countries around the world are now racing to secure an advantage by incorporating AI into their militaries… ushering in a new arms race. That’s why defense applications are AI’s next frontier. And it’s one that could lead to a spending spree in a bid for national security. Recommended Link [“Amazon Loophole” could hand you $28,544 in “royalty” payouts]( [image]( Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” And the best part is, there are: - NO age or income requirements… (It’s available to anyone 18+ or older) - NO employment requirements… (You can be working part-time, full-time, or even be retired) - And you NEVER have to shop or sell a single product on Amazon… (It only takes 5 minutes to set up!) See how to collect the next payout before the strict cutoff deadline. [Watch short video now.]( -- AI’s Next Frontier If you’re a regular reader, you already know the race is on for AI supremacy. Corporations across a variety of industries are investing in AI research to stay ahead. Here’s more on that from Nomi, from the [August 28 edition]( of Inside Wall Street: Goldman Sachs sees investment in AI growing 25% per year over the next two years. The insiders – venture capitalists, billionaires, major corporations – they’re all piling in now. Like Microsoft, which poured $10 billion into OpenAI, the parent company of the ChatGPT program. Or AI data architecture company Databricks, which raised $1.3 billion from major investors like BlackRock and Fidelity at a $38 billion valuation. Tesla is also making a $1 billion bet that AI can help the company develop a fully autonomous vehicle. But the stakes are much higher and more widespread than just a few corporate behemoths duking it out. AI is sparking a new arms race among the world’s superpowers. Recommended Link [EXPOSED: 722 Banks Stealing Your Money]( [image]( [Can you trust your bank?]( If you’re a hard-working American… You’ll want to see exactly how 722 banks and the Federal Reserve are stealing your money’s value (Hint: it’s often done in secret). It’s all part of a terrifying plan to destroy the finances of millions of Americans. To view the burning evidence, [click here](. In just a few minutes, you’ll see the truth they tried to keep hidden from you... Plus, you’ll get [the one simple step you must take today]( – to avoid losing everything you’ve worked so hard to save. Because the fact is, we’re about to witness a financial crisis. But not the kind you’d expect. According to CNBC, we’re officially going to hit [‘America’s Breaking Point’]( which will blindside nearly every person you know. Including your family. Meanwhile… The big banks, the Fed, and the world’s top CEOs are all laughing about it. [Click here to find out how to fight back, how to protect your life savings, and how to thrive in the weeks ahead.]( -- In 2022 alone, the U.S. government spent $3 billion on AI research. And while that may sound like a lot, the U.S. is already at risk of falling behind. Analysts concede that China is likely spending a similar amount on upgrading its military… a figure that’s probably much higher given the lack of information coming from Chinese authorities... But China is also taking the lead elsewhere when it comes to AI. China employs more AI scientists than any other country, and they’re churning out more AI-related research than any other country in the world. China also publishes double the amount of AI research papers compared to the U.S. Among the top 10 companies producing AI research, Chinese companies occupy four of the top 10 spots. It’s no wonder that China’s stated goal is to become the world’s AI innovation center by the end of this decade. And that’s because China sees AI as an advantage to offset conventional U.S. military might. The emerging battle for AI supremacy is setting up a fight among the world’s superpowers… and Nomi believes it will create a boom in defense spending. Recommended Link [Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast]( [image]( He predicted the 2020 crash a month before it happened… He predicted the 2022 collapse at the beginning of last year… And now, he’s issuing a brand-new warning – along with a unique solution. [Details here.]( -- Defense Spending Ready to Jump The U.S. defense budget is set to top $826 billion this year... the highest it’s ever been. But there are signs that defense spending could swell even further. Despite this year’s record budget, U.S. military spending is running near historic lows relative to the size of the economy. And in the last great arms race, during the Cold War, the U.S. spent $13 trillion on defense to maintain its military advantage. This time around, competition with China could pressure the U.S. to ramp up spending, especially on AI-driven programs. In fact, for the coming fiscal year, the Pentagon released its largest-ever innovation and modernization budget… clocking in at $145 billion. That’s the portion of the budget that contains funding for AI projects. Another report projects that military spending on AI-related programs will grow by 33% every year for the next five years globally. That means AI’s impact on the military is set to expand, whether that’s for autonomous vehicles, processing data and images, or assisting with battlefield decisions. Aerospace and defense companies that are quick to incorporate AI into their products stand to be big beneficiaries of the next arms race. But Nomi has uncovered what could be an even bigger profit opportunity as AI takes off. At her urgent briefing last week, The AI Ultimatum, she shared details on her favorite AI company today. It’s trading for only $0.26. And a major announcement could send this tiny AI company soaring at any point... [Click here to watch Nomi’s briefing and learn more about this tiny company](. Regards, Clint Brewer Analyst, Inside Wall Street with Nomi Prins --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Inside Wall Street Feedback). MAILBAG Do you think defense is AI’s next frontier? Write us at feedback@rogueeconomics.com IN CASE YOU MISSED IT… [ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing]( In just a few days, the U.S. government could announce [this mandatory recall on the U.S. dollar…]( And replace it with a new digital dollar. 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