Don’t Fear the AI Wave — Ride It and Profit
Change scares the heck out of people.
When a new innovation or technology is introduced, most people’s reaction is fear.
We can’t help it. It’s the way we are hardwired.
Harvard University’s Professor Calestous Juma wanted to learn why people throughout history have often opposed new technologies.
Juma wrote that most people don’t really fear technology. Instead, they fear the loss that change can bring on.
And I can’t help but agree with his view.
Fear of Change Is in the History of Human Development
In 1458, the first commercial printing press went into operation.
Before the printing press, scribes would write one document at a time. Information was limited, and ideas took a long time to spread.
With the printing press, printing books would open up knowledge to many within a short time.
As a new innovation, the printing press didn’t catch on right away.
Johannes Trithemius, one of the leaders of the German renaissance in the late 1490s, wasn’t impressed: “Printed books will never be the equivalent of handwritten codices.”
He said this because “scribes display more diligence and industry than printers.”
Farmers originally resisted mechanical farm equipment because the physical labor of farming was part of their identity, way of life and economic security. They didn’t want a new innovation to change that.
Right now, one of the biggest innovations changing everything around us is artificial intelligence (AI).
And people are scared. The fear is that AI will take jobs, run the world and displace humans.
It’s driving people to fight this new trend and overlook the massive investment opportunities that stand to make them very rich…
An Easy Way to Play the AI Mega Trend
Instead of taking jobs, AI and robots are projected to increase employment. In fact, AI will create more jobs than it will eliminate.
It won’t be humans versus machines, but instead humans and machines.
In terms of making money, AI is in the very early innings. But its economic impact will be huge over the next decade.
That’s why I’m recommending this AI exchange-traded fund (ETF) for immediate purchase.
An easy way to play this mega trend is by investing in the Robo Global Robotics & Automation ETF (NYSE: ROBO).
This $1.3 billion fund has been around since 2008.
Some of its top holdings include Zebra Technologies Corp., Mazor Robotics Ltd. and Taiwan-based Hiwin Technologies Corp.
Stay tuned for an announcement on my new newsletter, launching in the coming weeks. It will feature firsthand access to help you navigate this tech wave. My specialty is uncovering stocks that are set to make massive gains, and I’m keeping a close eye on the AI mega trend.
All my best,
Senior Analyst, Banyan Hill Publishing