AI’s Future Now Rests in Washington’s Hands

The race over AI’s future is underway. [Inside Wall Street with Nomi Prins]( AI’s Future Now Rests in Washington’s Hands By Clint Brewer, Analyst, Inside Wall Street with Nomi Prins It took the internet seven years to reach 100 million users. It took OpenAI’s ChatGPT – the popular AI chatbot – just two months to reach that mark. It’s seeing the fastest adoption rate for a new technology ever. And recent reports state that OpenAI’s valuation is now surpassing $80 billion. This shows that financial windfalls are coming for those who invest in the companies building and scaling new AI products. We’ve seen this play out before. The internet was born as a place to share information. But then, entrepreneurs revolutionized how we shop, bank, eat, and interact with friends. With such quick adoption and wide-ranging applications, AI has the potential to be an even more transformative technology. It will impact everything from new medicines to new energy discoveries. And the government wants to be involved in all aspects of AI’s development. That’s why President Biden just signed an Executive Order that Inside Wall Street editor Nomi Prins describes as “big-AI brother.” With that order, the White House took a cautious approach to AI, at least on the surface. But as Nomi has shown us, it’s because it doesn’t want to be left behind in this multitrillion-dollar megatrend. Follow the internet’s example, and you’ll see why. 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.]( -- New Class of Billionaires Big advances in technology have a way of shifting power… whether that’s through knowledge or money. At first, the internet was touted as a tool for democratizing information. Internet-enabled smartphones took it to a new level, with the average person suddenly having access to more information in their hand than the U.S. President had just 30 years ago. But the internet’s capability jumped way beyond sharing information. Jeff Bezos and Amazon changed how we shop for goods. Mark Zuckerberg and Jack Dorsey brought our social life to the internet with Facebook and Twitter. You may have forgotten that Elon Musk made his first fortune with PayPal, which used the internet to transform how we pay for things. Those are just a few examples of internet billionaires, while companies like Amazon and Google parent Alphabet went on to sport trillion-dollar valuations. The impact of the internet even helped transform entire economies. Jack Ma and Alibaba helped turn China into a $3.5 trillion e-commerce juggernaut. All told, the internet economy is estimated at $6.7 trillion globally. And that’s despite its rate of adoption, which was incredibly slow compared to what you’re seeing today with AI. And that’s why Washington is keeping close tabs on AI. Steering AI’s Applications In a nutshell, the internet paved the way for new wealth creation as it touched every aspect of our daily lives. AI is following a similar path today. Just like the internet, new AI products and applications will create a new class of billionaires. Except this time, it’s happening even faster. Remember what I said earlier. It took AI just two months to gather the same number of users that took the internet seven years. And that’s why the government wants to get involved with AI developments. As Nomi told us after meeting with Congress members and their staffers, there’s a focus on AI on both sides of the aisle. Here's Nomi with more… Every leader and staffer I spoke with saw AI’s potential. As well as its rising impact as an area where cybersecurity matters are key. AI is critical for the Internet of Things (IoT). It also comes into play for grid and energy efficiency. Representative Joyce Beatty’s (OH) staffer noted AI will impact everything from computers to the agricultural sector. And Representative Cathy McMorris Rodgers’ (WA) staff underscored the need for AI to protect national security data and large-scale infrastructure. While all are very different, AI will impact each one in unique ways. No matter what your views are on Washington… If you know how to follow the breadcrumbs from the legislative process, then you can spot big opportunities in companies that will benefit from Washington's influence on AI. And that’s exactly what Nomi uncovered at her market briefing last night, Wall Street and Washington’s Unfair AI Investment Advantage Exposed. Thousands of your fellow readers tuned in to hear about an AI trend primed for explosive growth. It’s being fast-tracked by the White House, the FDA, and Silicon Valley. And Nomi pulled back the curtain on a strategy, normally reserved for politicians and the ultra-rich, that you can use to profit as AI really takes off in the years ahead. If you missed it, you can still catch the replay of Nomi’s briefing [right here](. 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 Have you seen any other trends that may impact the world as we know it? What are some ways that you have seen AI change your own thinking and planning? 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. And that could send [this $0.25 alternative investment skyrocketing.]( This is the same type of investment that’s already attracting the attention of legendary investors and billionaires like Elon Musk, Mark Cuban, and George Soros. If you know the necessary steps to take right now, not only will you protect your money, you could come out of this shift wealthier than you ever thought possible. But you need to act fast. 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