If you’ve been following the news, you know that’s unlikely.
Mangione is sitting in a Brooklyn jail cell as the lead suspect in the murder of UnitedHealthcare boss Brian Thompson.
It’s all but impossible to get a gun and shoot yourself in a closely guarded cell.
But last Friday, that headline popped up on hundreds of millions of iPhones.
Apple Intelligence, Apple’s new AI tool, wrote it and attributed it to the BBC – Britain’s state-funded news agency.
It’s not the first time Apple Intelligence has made up a headline.
Late last month, it reported that Israeli leader Benjamin Netanyahu had been arrested.
Not to pick on Apple. Its AI isn’t the only one to go rogue and hallucinate.
Here’s some hilariously bad medical and parenting advice from Google’s AI bot…
Google’s AI goofs (Source: Buzzfeed)
In its current form, generative AI has its limitations.
These AI bots are trained to look for patterns. The answers they give you are designed to look like the right answer. But they’re not capable of reasoning or decision making.
That’s why they do stupid things like report that Mangione shot himself or recommend that pregnant women smoke cigarettes.
But that’s about to change.
Because we’re on the cusp of artificial general intelligence (AGI).
AGI will be the most disruptive technology in history… by far.
For the first time ever, we will no longer be the smartest creatures on the planet.
This will change nearly every aspect of our lives – even what it means to be a human.
And it will trigger the greatest productivity miracle since the Industrial Revolution.
That means, if you aren’t already, you want to be positioned to profit.
AGI will be the mother of all tech trends.
And as I’ll show you today, you don’t have to try to pick the winners to profit.
AGI is a type of artificial intelligence capable of performing any intellectual task a human can do.
Narrow AI – what we have now – is designed for specific tasks such creating images, language translation, recognizing faces, or piloting an autonomous vehicle.
AGI can also reason, learn, and transfer its knowledge to solve unrelated problems.
For all intents and purposes, it’s the character Data from Star Trek: The Next Generation minus the human-like body.
If you remember the show, Data is an android powered by an AI brain.
He can process information at mind-boggling speeds, retain vast amounts of information, and solve complex problems – all while seeming like a human member of the crew.
This future isn’t far off…
Sam Altman heads up the company behind ChatGPT, OpenAI. He’s on record saying AGI could be realized as soon as 2025.
In a recent interview with Silicon Valley startup accelerator Y Combinator, he said the path to AGI was “basically clear” and now primarily an engineering problem.
I have no reason to doubt him.
His company kicked off the AI arms race when it released ChatGPT in 2022. Since then, every major tech company has been pouring hundreds of billions of dollars in pursuit of AI supremacy.
Whether it’s Altman, Elon Musk, Mark Zuckerberg, Tim Cook, Sundar Pichai at Google – or any number of other AI developers – someone will create AGI and bring it to market.
And the consequences will be mind-blowing…
Imagine what AGI means for medicine…
It could accelerate drug discovery, improve diagnostic tools, and develop personalized treatment plans tailored to individual genetics and conditions.
It could optimize agricultural output and distribution systems so that everyone on Earth has food to eat.
It could solve the world’s energy problems, in an instant, by making nuclear fusion possible.
With AGI in place, anyone with a smartphone and an internet connection will have access to the smartest personalized tutor on the planet.
It could even help us build spacecraft that allow us to explore… and discover natural resources… in space.
And that’s before you consider the wider productivity impact it will have on corporate America.
By generating ideas and optimizing operations, AGI will bring innovations in engineering, design, and manufacturing that will make our heads spin.
It will also allow companies to lower costs – and fatten margins – by boosting the productivity of their human employees.
Broadcom, Apple, Tesla, Microsoft, Meta, Amazon, Alphabet, and Nvidia are all the rage right now. And while most folks are waiting months — even years — for stock gains to roll in…
You could start doing something better — something that could deliver exceptional profits in as little as 11 days, or sometimes under a week.
How much are we talking? And how can you get started this coming Monday?
As I wrote in these pages, none of the companies that built the internet infrastructure of the 1990s turned a profit on their efforts.
Many, including the high-profile Global Crossing, went out of business.
But the infrastructure they left behind laid the foundation for some of the greatest money makers in history – Amazon, Google, Facebook, Netflix, and other tech darlings of the 2000s.
We could see something similar happening in AI, with the real winners being companies that virtually no one today has ever heard of.
In the meantime, you can get exposure to the sector as a whole through the Xtrackers Artificial Intelligence and Big Data ETF (XAIX).
This ETF tracks the Nasdaq Global Artificial Intelligence and Big Data Index. It focuses on companies actively investing in AI research and development.
And it includes Nvidia, Meta, Apple, Microsoft, Amazon, Google, SAP, Oracle, and Salesforce.
It charges an annual 0.35% fee, making it one of the more cost-effective options.
And it’s a great way to play this trend.
A broad-based ETF approach to investing in AI gives you exposure to a range of companies driving advancements across the AI ecosystem.
Instead of trying to pick winners, which can be risky, it allows you to capture gains from tech giants and emerging innovators across the sector.
And if you want a more targeted approach, make sure to check out Freeport Society cofounder Louis Navellier’s“Day One” presentation.
Louis lays out how this singular event – what he calls AI Day One – will kick off the fastest societal change in human history… and create the biggest investment opportunity of the next 20 years.
If you thought AI and ChatGPT were disruptive… You won’t believe what comes after Day One.
Charles Sizemore
Chief Investment Strategist, The Freeport Society
P.S. The AI ETF I mentioned above was just one of five recommendations I made to paid-up Freeport Investorsubscribers last Friday to profit as Trump heads back to the White.
I also recommended a way to play Trump’s more fossil-fuel friendly energy policy, his pro-crypto stance, and his promise to rebuild America’s manufacturing base.
If you’re not yet a subscriber, make sure to catch up here.
