This has been 50 years in the making…
The U.S. electrical power grid is being pushed to the limit. Much of its current infrastructure was built in the 1960s, but now, it’s decaying.
Whether it’s brown outs in California during wildfires, or blackouts in Texas due to freezing temperatures, leaving nearly 10 million people in the dark…
Or utility companies asking customers to conserve energy by turning down their thermostats in New York and New Jersey…
And even winter storms wreaking havoc on power lines in Tennessee, Kentucky and Michigan.
It’s clear that our power grid needs help. Which is why Amber and I have been looking into an “electrifying” new trend — the force of AI in the power sector.
That’s right! A combination of machine learning, deep learning, and generative AI is being used to make power grids more efficient, helping utilities companies maintain, manage and secure power projects on a global scale.
With AI growth rapidly on the rise in this sector, we’re also giving you two ways to invest in the power grid’s future.
AI in the Power Sector:
(Or read the transcript here.)
🔥 Hot Topics in Today’s Video:
- Market News: Improved economic growth and cooling inflation is creating a stronger market environment, and better sentiment among consumers on the outlook for 2024. (Thanks, Powell!) [1:40]
- Tech Trends: AI is now helping utilities companies with efficiency and security in the power sector! [6:35]
- Investing Opportunity #1: If you want to invest in AI software development, consider buy shares in this exchange-traded fund (ETF). [8:25]
- Investing Opportunity #2: If you’re a Strategic Fortunes subscriber, I just recommended a brand-new AI stock in the January newsletter. Be sure to check that out! (And if you’re not following Ian yet, learn more about how he believes AI is creating the future of energy here.) [8:45]
- Crypto Corner: Bitcoin (BTC) is heading into a volatile time following the ETF approvals. I shared my outlook on this with Next Wave Crypto Fortunes subscribers last week, and now I’m sharing with you. BTC is coming to a turning point… [11:25]
- Question Time: I answer Mike and Shiela’s question about how crypto and the real-world tokenization of assets will change the landscape of finance. [16:20] And why you shouldn’t invest all your money in one sector of the market. [22:20]
- Market Prediction: The case for small-cap stocks, and why I think it’s a great time to invest in them (they’re in for a rally!). [25:50]
Just In Case You Missed It…
I announced last week that my team and I have been working on something big…
It’s a new AI-based trading system than can pinpoint stocks that cross one specific profit trigger … that sends stocks soaring with 72% accuracy. I’m putting together a presentation in February to tell you more about it — just sign up here to reserve your spot!
Until next time,
Ian King
Editor, Strategic Fortunes