Exponential Progress Is Giving Life to AI Another Agent of Chaos I talked about in my book is exponential technological progress. After years of advancing at relatively modest rates, computers are now advancing at mind-blowing exponential rates. Every year, computers get faster and more powerful. They also get cheaper and smaller. This trend has massive implications for the economy. It makes it so our world is changing at ever increasing rates. It means new industries are being created at light speed… while demolishing old businesses at the same pace. Just look at OpenAI’s artificial intelligence chatbot ChatGPT. It reached 100 million monthly active users in two months. Facebook launched in 2004. It took 4.5 years to get that many users. And it took music streaming app Spotify 10 years to reach that level. Exponential progress is giving life to AI, advanced robotics, autonomous vehicles, personalized medicine, and new forms of space travel. And it’s leading to outsized stock market returns for folks who know what’s going on. Leading AI chipmaker Nvidia Corp. (NVDA) just hit a new all-time high. It’s now up about 850% since the start of last year. And it’s worth $3.4 trillion. That makes it the second-largest company in America by market cap after Apple Inc. (AAPL).  Or take the Robotics and Artificial Intelligence ETF (BOTZ). It’s one of my favorite ETFs for investing in exponential progress. And it’s knocking on the door of its 52-week high.  A break above $33 would be a convincing validation of the bullish investment case I’ve been making about robotics and AI. Of course, we’ve got to find ways to meet AI’s enormous power needs. Why Uranium Stocks Are Hitting All-Time Highs Training large AI models can require up to thousands of times more energy than typical computational tasks. Some sources estimate that data centers dedicated to AI consume up to 15 times more energy per operation than those handling traditional workloads. Nuclear energy fits the bill. It’s the only clean “baseload” power option that can function on a massive scale. Baseload power is the minimum continuous amount of electricity required to meet the basic demand of the grid. It’s needed to stabilize the grid. Without it, you risk blackouts and brownouts. This is why nuclear is enjoying an exponential technological progress-powered renaissance. And why the popular uranium stock fund, the Global X Uranium ETF (URA), has surged higher.  And these trends are going to accelerate as AI continues to advance. When AI Goes Supernova The other day, somebody asked me what the next big thing would be for AI... They meant the next event or product or service that captures the eyeballs and clicks and dollars of hundreds of millions of people. The next big thing that will drive massive interest. I speculated that it would be a truly useful AI assistant. That would go supernova. We all know Siri and Alexa are pretty basic. They can play music on command. They can tell you the weather forecast. They can do some other semi-useful basic things. What most people want is for an AI app to hear something like “Get me a reservation for 4 at a great steakhouse within 15 minutes of my house for 6 p.m. on Saturday”... and then do it. We want it to be great at finding hotels... flights... useful answers to medical questions... legal questions... and products to buy. We want it to save us money, time, and frustration. I figure once Apple, Google, Meta, or another Magnificent Seven tech stock introduces a truly useful AI assistant, AI interest will go up to a whole new level. It will finally be something we all use most every day. Hypergrowth expert and InvestorPlace Senior Analyst Luke Lango agrees. He thinks it will be Apple Intelligence… which just started to roll out. Here’s Luke... Apple has so many customers and is such a high-profile company that it's going to get high functioning AI into the hands of hundreds of millions of people.
It will be on your laptop... your tablet... your phone… even your watch. You will see people using it at the office, on trains, on buses, in the airport, in restaurants.
This will set off a tidal wave of demand for AI features and products from other companies... Plus set off a tidal wave of new demand for AI-related investments.
If you think AI is a hyped-up phenomenon now, you haven't seen anything yet. Chat GPT was the Big Bang for AI. Apple Intelligence will be the second Big Bang.
Oh, and you may have noticed we have a highly polarized election coming up – one that will be fought over long after the last votes are cast. That's only going to accelerate an Age of Chaos already in hyperdrive. That’s why Charles and Louis hosted their special pre-election broadcast last night. You can click here to access it. They showed folks watching why election uncertainty could drag on for months… why this will cause stock market volatility to go through the roof… and the trading strategy you can use to turn this volatility into profits. They even be shared a trade you can make before the election to profit no matter who occupies the White House next. To life, liberty, and the pursuit of wealth in this Age of Chaos, Brian Hunt CEO, InvestorPlace | 
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