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Elon Musk’s AI Actions Speaker Louder Than His Words

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Mon, May 1, 2023 12:16 PM

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A rival to OpenAI in the making… Elon Musk’s AI Actions Speaker Louder Than His Words Back

A rival to OpenAI in the making… [TradeSmith Daily]( Elon Musk’s AI Actions Speaker Louder Than His Words Back in March, Elon Musk joined hundreds of others in pulling the fire alarm on artificial intelligence (AI), warning of the risks the technology poses to society. And it wasn’t the first time he’s done this: Back in 2015, he joined physicist Stephen Hawking and many other experts in calling for a moratorium on AI research. But when it comes to AI, Musk says one thing… and does another. That very same month, Musk filed to start a new AI business called X.AI. And before that, the SpaceX and Tesla entrepreneur co-founded OpenAI, the company behind ChatGPT – though he left in 2018 following an internal power struggle. There aren’t a lot of details about Musk’s plans for X.AI. But he’s said to be interested in creating a rival to OpenAI, which makes sense, given the technology’s massive promise. Indeed, Musk likely sees a way to integrate AI into all his ventures in a way that supercharges his chances of winning… putting billions more in his pocket. But his contradictory stance makes for a confusing narrative: Is AI something to be celebrated or feared? Right now, there’s a lot of controversy, a lot of blowback, and a lot of misinformation. But we know better. AI is an incredible technology. And it’s one we’ve long been using here at TradeSmith – including in our just-launched, smash-hit Predictive Alpha Prime trading service. To underscore our belief in this technology, I’m going to share three AI investing strategies that I see great potential in. RECOMMENDED LINK [New A.I. Does THIS 212X Faster Than Humans]( When people heard one A.I. lawyer was competing against a team of the most brilliant NDA-review lawyers in the country, most people probably laughed it off as a marketing stunt. But then, when the A.I. scored nearly a perfect score every single round AND did it 212X faster than the average lawyer... It left everyone stunned. And now we’re seeing this kind of technology make its way to you and your retirement. With the brand-new system we reveal in [this short presentation...]( Results like these examples from the recent market are possible... And starting today, you can have the chance to experience these results too. [Click here now to see why]( AI Opportunity No. 1: AI ETFs You’ll always make the most money by owning individual stocks, but ETFs offer a way to “dip your toes into the water” when you want to capture the upside of a sector but also avoid the downside an individual stock can bring. One AI ETF investing option is the Global Robotics and Artificial Intelligence ETF (BOTZ). As of this writing, the BOTZ ETF is up 21.07% for the year, while the Dow Jones Industrial Average is up only 2.08%: Google Finance One thing to note about this ETF is that the majority of the positions are currently considered unhealthy investments, being in our Red Zone: But the strong holdings can help balance out any companies that are underperforming within the ETF, and BOTZ has clearly benefited from the growing interest in AI with a double-digit return thus far in 2023. For the folks interested in individual AI stocks, there are two that rank highly in our system. AI Opportunity No. 2: Nvidia Corp. (NVDA) and Microsoft Corp. (MSFT) While there isn’t a direct way to invest in ChatGPT, Nvidia is a company that will financially benefit from the rise of chatbots and AI image generators. Nvidia makes a $10,000 chip called the A100, and the companies creating these generative AI models need hundreds or thousands of these chips. It also sells the DGX A100, which is eight A100 GPUs working together. The DGX A100 has a suggested price of $200,000, and research firm New Street Research estimates that the ChatGPT model inside the search engine Bing (owned by Microsoft) could need eight GPUs to answer a question in less than a second. In order for Bing to provide this service to all of its users, it would require more than 20,000 8-GPU servers, which could cost Microsoft $4 billion. The investment bank Citigroup projects that ChatGPT usage alone could bring Nvidia $3 billion to $11 billion in sales by the end of 2023. In his Quantum Edge Pro system, Editor Jason Bodner has watched Big Money pour into NVDA, triggering 14 buy signals over the last 90 days: NVDA is currently considered a healthy investment, being in our Green Zone, and it’s in an uptrend and has a strong Business Quality Score of 88 out of 100. Another AI stock we’ve pounded the table on is Microsoft. Yes. It may seem like a “boring” AI company, but nothing is boring about making money. It’s an investor in the company behind ChatGPT, it’s making its Bing search engine more relevant and useful, and it’s going to give an “AI makeover” to its suite of productivity tools, like Excel and Word. Big Money has also been buying up MSFT at breakneck speed, triggering nine buy signals over the last 90 days and three buy signals over the last 30 days: Microsoft is in our Green Zone, has a superb Business Quality Score of 99, and is also in an uptrend. So far, you’ve seen the opportunity in investing in AI stocks. But thanks to a new technology we’ve just released, you can unlock even more opportunities by investing with AI. RECOMMENDED LINK [Famous Wall Street System Issues New Alert]( It signaled the 2020 COVID Crash, the 2022 bear market, the fall of Amazon (AMZN), and the #1 stock of 2023. [Here’s its urgent new alert]( AI Opportunity No. 3: “AN-E” Imagine two scenarios where you can make smarter investing decisions by using AI. In the first, you can look at a stock and know, with a high degree of certainty, that it’ll be 15% higher one month from now. In the second, you can look at a different stock and know that it’s going to drop 15% in the next month. It becomes an easy decision to buy the first stock and avoid the second stock. And these are no longer hypothetical situations. With incredible computing power and AI at our fingertips, our team embarked on the most important research project in our company’s history... one that could help you make much bigger stock market returns than you’re making now, while taking less risk. We call this “Project An-E” (pronounced Annie). And we’ve packaged it into a product called Predictive Alpha Prime. Let me show you how it works with an example of a prediction the technology made last year. Below is a chart for Domino’s Pizza Inc. (DPZ): An-E predicted the stock would go up about 7% to 8% in the next month or two. Good information to have, as in this market, you can’t afford to turn your nose up at any opportunity to make money. When it came time for An-E to put its money where its AI mouth is, here’s how it played out: Over the next two months, DPZ went up about 7%. As predictions go, this one was nearly spot on. That’s just one example, but I can show you plenty more. Because it’s not an exaggeration to say that this is a new edge most investors have been lacking – and desperately need in today’s volatile, uncertain, and risky markets. If you hold on to stocks our system sees a higher move for, you could withstand volatility with confidence and earn better returns. On the other hand, if you dodge the stocks that are expected to take a hit, your portfolio could avoid punishing losses. Combined – building your gains, avoiding losses – you’ll watch your wealth grow faster. And you’ll do this with substantially less stress and uncertainty about the future. [Let me show you how you can get started today](. Enjoy your Monday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [Electric Vehicles Passed This 5% Tipping Point – Here Are 2 Investments to Make]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Mailbag Questions](mailto:Keith@TradeSmithDaily.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]

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