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Technology Stocks : Investing in Exponential Growth

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Glenn Petersen
From: Paul H. Christiansen4/18/2017 11:24:42 AM
1 Recommendation   of 1084
 
3 Candidates for Marc Cuban’s “AI Trillionaire”


We recently talked about how investing in artificial intelligence stocks is total rubbish because there just aren’t any. We looked at all the “artificial intelligence stocks” touted by your typical retail investing media outlets and found that of the 9 “AI stocks” recommended by the pundits, just the following 3 would be considered proper plays on artificial intelligence as a product:

· IBM ( NYSE:IBM) – Watson

· Google ( NASDAQ:GOOG) – Deepmind

· Nvidia ( NASDAQ:NVDA) – AI GPU Chips

The AI hype train is now picking up steam with recent comments by Mark Cuban about how we’ll see “the world’s first trillionaire” when someone masters the killer application using AI. Now the biggest problem with that statement is that it assumes that there will be only a select number of winners, right? The only way you’re going to amass a trillion dollars in wealth is because someone paid you that money because you sold them a product that helped them create wealth. This would imply that you were one of a small number of providers selling one or more of the following:

· AI hardware

· AI software

· AI as a service

http://www.nanalyze.com/2017/04/marc-cubans-ai-trillionaire/
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