AI's Cutting Throats By The Hundred

Dear Reader,

It’s happening… The first AI-led mass throat slashings have begun.

Metaphorically speaking, of course. 

According to a survey presented to business and world leaders at the 2024 World Economic Forum in Davos, Switzerland this week, a full quarter of global CEOs expect generative AI to cut their workforces by 5% or more by the end of 2024, with media, entertainment, insurance, banking and logistics leading the way.

Moreover, 46% of chief executives expect generative AI to boost productivity in the next twelve months.

Considering that generative AI platforms like ChatGPT were not even in the public consciousness just one year ago, these shifts in thinking represent a huge evolution of the modern workplace.

If we went from virtually nothing to this in the space of 12 months, just imagine what could happen in another 5 years.

Not as scary as killer machines trying to take over the world perhaps, but in many ways it’s just as bad. Because this marks the first time that the human mind has effectively been evolved out of whole classes of occupations.

Will Your Job Be Next?

While men like Elon Musk and Jeff Bezos publicly pontificate on whether computer science needs to pump the breaks on AI development, the rest of us sit and watch and try to figure out how to make this very visible approaching social revolution work for us. 

Those looking to invest into this looming industrial trend have the right idea. If you can’t stop it, the only alternative is to ride it wherever its going.

The problem is that this leaves you with a mind-numbing list of options. 

Every major tech brand out there has its own AI research and development department. 

The big five tech companies, Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), META formerly known as Facebook (META), and Google parent Alphabet (GOOG), which all total more than $8 trillion in market capitalization, are investing tens of billions into various applications of the technology. 

And on the other end of the spectrum, startups are flocking to the space right now in much the same way they flocked to cryptos back in 2017. 

Can’t Beat It? Make It Work For You

That makes deciding which path to take very difficult, but I’ve got a way of distilling the choices down. 

Instead of looking for the latest, greatest next big thing to come out of AI, look to a company which provides goods and services to all organizations that work in the space. 

Make sure it’s relatively small, quiet, and away from the glitzy limelight of Silicon Valley. 

As far as I know, just one company fits all of those parameters. 

Its product is customized AI training algorithms — the very software which teaches machines to think. 

Exposing raw processing power to these training algorithms is akin to a newborn interacting with its surrounding environment… Without this exposure, developing an organic understanding of reality is impossible.

These algorithms are so crucial to the AI creation process that 4 of the Big 5, as well as dozens of other major organizations, are clients of this company. 

And yet the company itself is barely a speck on the radar with less than a quarter billion market capitalization and very little coverage by the mainstream financial press. 

The Purest AI Pureplay Out There

Looking at all of these factors and looking at the future of the industry which this firm is pushing into, I had no choice but tell my readers all about it.

With the manic buying phase of the AI revolution now over and share prices of exposed stocks returning back to the land of rationality, the time will never be better than now to be a buyer. 

Forget the AI “pureplays”… That’s what everyone and their grandmother are looking to pile into. 

If you’re going to take just one chance on the sector, go with the “foundational” play instead.

To learn more, check out the presentation I just shared with my premium subscribers.

Believe me when I say, you will never view the future of artificial intelligence the same. 

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