AI Stocks to the Moon

The AI tech bubble is filling up fast...

Posted February 6, 2023

Dear Outsider,

Last year, I wrote about how AI was in the process of taking over the jobs force.

But I also mentioned that it would be some time before AI was advanced enough to replace writers, editors, artists, podcasters, comedians, musicians, accountants, lawyers, coders, IT specialists, customer service reps... The list goes on.

This week, however, I’m convinced that day may be just around the corner.

That’s because, just like every other piece of technology, AI is evolving exponentially.

And I mean fast.

Just two months ago, OpenAI — the Microsoft-backed AI company — launched the latest version of its ChatGPT chatbot software.

Today, it just set the record for the fastest-growing user base of all time.

According to Reuters, "ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS study on Wednesday."

For reference, the article continues, "an average of about 13 million unique visitors had used ChatGPT per day in January, more than double the levels of December... It took TikTok about nine months after its global launch to reach 100 million users and Instagram 2.5 years.”

All this has competitor Google in crisis mode.

According to MSNBC, Google issued a “code red” this week.

That’s because Google is absolutely terrified that ChatGPT will replace its coveted search engine.

So it’s now testing two AI chat products code-named “Atlas” and “Apprentice Bard.”

It's a classic tech bubble, and it's filling up fast.

We’re very much on the cusp of a new tech frontier.

So the question on everyone's mind is...

How do we make money off this?

Monetizing Innovation

It’s the same old story: Invent something everyone wants and then create a system to monetize it.

OpenAI’s latest scheme is to say that the website is at “capacity” so you have to then sign up for the ChatGPT Plus subscription service at $20 a month.

Seems kind of strange that a company specializing in AI wouldn’t be able to create a website to handle all the traffic...

But this is also how you know something big is happening.

Whenever there’s a wait, you know someone's going to profit.

Anyway, I waited all morning for access and finally got in.

I asked ChatGPT if AI is going to replace jobs, and here’s what it said:

AI has the potential to automate certain tasks and increase efficiency in many industries, which may result in job displacement. However, AI may also create new job opportunities and enhance existing ones, so the overall effect on employment is expected to be complex and nuanced. It's important for workers and organizations to proactively acquire new skills and adapt to changes brought by AI and technology.

I couldn’t have said it better myself.

Now, I’m probably not the first one to think this software is just a little creepy and that it feels like our first contact with another species.

But I’m fascinated.

And the entire world is captivated.

In terms of jobs, we shouldn’t fear this technology.

If anything, it might make writing and art created by humans even more rare and therefore more valuable.

And it has the potential to replace jobs that humans shouldn't be doing anyway.

Maybe it’ll finally get some of us off our asses and performing more natural job functions other than sitting at a desk and staring at a screen all day.

But it’s not just jobs that AI can replace...

And here’s where things get really exciting.

Think of AI as your personal assistant.

This Is the Future

We all remember Ask Jeeves, right?

He was like your own personal butler for the internet.

Like a good butler, he kept track of the little details that you didn’t have time for.

And it’s these tiny details, the little things we take for granted, that companies have historically exploited to profit immensely.

The internet turned into Google…

Watching a movie turned into Netflix...

Driving turned into Tesla...

AI will turn into a chatbot that lives beside each and every one of us, just as we have our phones today, and we’re going to love it.

We probably won’t even need phones at the rate AI is expanding.

Just look at these two AI companies since the beginning of the year... (NYSE: BBAI) is up more than 500%!

AI (NYSE: AI) is up 140%!


These two stocks alone have just created millionaires overnight.

Of course, we’ve got to be careful with AI stocks, as the inevitable bubble will form and bust.

But in the meantime, there are some serious profits to be had.

I don’t know about you, but I’m all-in on AI.

Of course, this is where the record comes to a screeching halt.

How is the U.S. going to power all these supercomputers running AI software?

Easy — with this groundbreaking energy-storage device.

It’s the future of global energy, and it's finally being built here in the U.S.

This device could help us power the AI revolution.

It's only a matter of time, but time is quickly running out...

Stay frosty,

Alexander Boulden
Editor, Outsider Club

After Alexander’s passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing. Check out his editor's page here.

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