“While everyone’s drowning in AI headlines, the smart money is quietly positioning in quantum computing – a technology that makes today’s supercomputers look like pocket calculators.”

Marc Lichtenfeld, Chief Income Strategist, The Oxford Club

Dear Reader,

5 Minutes… vs. 10 SEPTILLION Years!

That’s not a typo – and it’s about to change everything.

Google developed a quantum computing chip that solved a problem in five minutes that would take the world’s fastest supercomputers 10 septillion years to solve. (Ten septillion is a 1 followed by 25 zeros.) Think about that in years. Now, think about condensing that to five minutes. It’s absolutely mind-blowing.

A Front-Row Seat to History

I consider myself fortunate to have had a front-row seat to history.

I lived in San Francisco during the dot-com boom. It was a wild time. My wife and I both worked for dot-com startups.

Most people we knew either worked for or had some connection to a dot-com company.

Watching the development of the internet unfold in real time and seeing what was going on behind the scenes was an invaluable lesson about new trends, greed, and hubris. And, perhaps most importantly, what it takes for a business to thrive in a new industry.

I was enough of a student of history to realize that what I was witnessing and participating in, while uncommon, was not unheard of.

Things Are About to Change in a Big Way

There have been several times when industries completely changed the way Americans – and then the rest of the world – lived. Those disruptions led to immense creation of wealth.

In 1869, the transcontinental railroad was born. By 1880, $50 million worth of goods were being transported each year. (That’s nearly $1.6 billion in today’s dollars.) Within just a few years, there were 364 railroad companies.

Radio was the 1920s equivalent of the dot-coms. In 1921, there were five radio stations in America. Six years later, there were 681.

Radio stocks were a big factor in the Roaring ’20s stock market, with RCA rising 200x.

Of course, there were other industry booms as well, such as autos in the early part of the 20th century and personal computers at the end of the century.

These were all generational changes that drastically improved billions of lives.

Two Generational Shifts Happening Right Now

Today, we’re on the cusp of another such change.

In fact, we’re on the cusp of two of them.

Surely, you’re familiar by now with artificial intelligence (AI). Even if you haven’t used it yourself, you’re aware of its capabilities. We’re all just now starting to perceive how much the world is going to change because of AI.

But there’s another quieter change coming that I suspect will be just as important as AI – if not more important.