| The second problem is unbridled artificial intelligence... which we’ve been calling the “Road to Artificial General Intelligence.” Neither political party seems particularly interested in regulating AI or protecting the jobs the technology will eventually replace. (One way to look at it is that Republicans are beholden to AI evangelists like Elon Musk and Peter Theil, while Democrats have Big Tech to appease.) This will give AI companies a free hand in taking consumer data, hoovering up copyrighted material, and training their AI systems on the information with very little oversight. This is a big deal. AI capabilities now are advancing so quickly that it could overtake human intelligence as soon as the end of the decade. By 2030, consulting group McKinsey believes that 30% of all work in America will be done by AI. Goldman Sachs says 300 million jobs worldwide will vanish over that same period. Additionally, no career is completely safe from replacement. Companies like Intuit Inc. (INTU) are working on software to automate accounting, while others like Symbotic Inc. (SYM) are creating robots that can handle warehouse operations. Worst of all, we’re already seeing the effects of AI job replacement. Between 2020 and 2023, hourly wages of customer service representatives (a field being replaced by chatbots) fell 1% in real terms. That figure was 8% among photographers. As AI becomes better at generating everything from customer service tickets to stock imagery, we can expect unemployment and underemployment to spike. Get Ahead While You Still Can Deficit spending and AGI set the stage for a disastrous outcome. Millions of Americans may lose their jobs to AI over the coming years, right as social safety nets are being cut. The U.S. government will be far too preoccupied with servicing interest payments to worry about universal basic income schemes for displaced workers. Even retirees should be concerned. Social Security operates on a “pay-as-you-go" scheme, where taxes on current workers are transferred to retired recipients. (There’s also a small trust fund that would last two years.) If the number of employed workers gets cut by AI, then the amount of income for Social Security to tax also shrinks. There’s no magic fountain that spits out money for the program. As my colleague InvestorPlace Senior Analyst Louis Navellier says, the Age of Chaos is about to enter warp speed in America. Fortunately, there’s still some time to get ahead. Both political candidates are promising to run the U.S. economy hot over the next several years, and AI is still largely a force that helps people, rather than replaces them. Eric and I have been eyeing many promising companies that could turn small investments into large gains. Now, Louis has another tool to add to our investing arsenal. On Tuesday, October 29, at 7 p.m. Eastern Time, he is sitting down to discuss what will happen the day after the election. You see, when the market opens that day, the stock market will react immediately to the election results. That is why at his “Day-After Summit” Louis will be introducing a quantitative tool that that thrives in chaos... and one we believe will help you navigate volatile markets. In fact, according to back-testing, the system has outperformed the market by a 6-to-1 ratio since 1990. You’ll want to be sure to get ahead while you still can. So, click here to reserve your spot now. Regards, Thomas Yeung Markets Analyst, InvestorPlace | 
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