PRESENTED BY STANSBERRY RESEARCH
Tech Millionaire Issues Warning:
Get Ready for The Next Money Wave
Five tech waves have defined the course of modern history. The last one made Bezos, Musk, and Gates the richest men on earth… and made you poorer, whether you realize it or not.
Now we’re entering a new wave… and you have just days to prepare.
Today, 70% of people in America are financially trapped.
No matter how hard they work – or how many hours they put in – they can't seem to get ahead.
Worse – every day they find themselves falling further behind.
Inflation now has 61% of Americans living paycheck to paycheck. And 40% say missing a single paycheck will plunge them into poverty.
Many middle-class Americans can no longer afford basic medical bills. Some are even opting out of critical medical treatment.
And 37% of people say they no longer feel safe in their neighborhoods.
People with resources have started to flee major cities.
I'm sure you've seen the mass exoduses from Seattle, Portland, and San Francisco – once glowing icons of our country's power and potential and now dumps.
But the hard truth is – not everyone can leave.
High interest rates and housing prices have left many American stranded in their current homes.
They can't get out. For them, this is the new America.
But not everyone is struggling.
As America's middle class falls apart, the 1% continue to thrive.
Mark Zuckerberg now makes the average American's yearly wage every two minutes.
Jeff Bezos does the same in 5.6 minutes.
Just 2.5% of Elon Musk's fortune is more than the collective wealth of 100,000 American households.
The world's 8 richest men hold more wealth than 3.6 billion people.
I don't care whom you voted for. Or what political system you believe in. What we are seeing in America right now is not the result of a properly functioning economic system.
And it's all because – 30 years ago – something monumental changed in our country. Something that reshaped our economy – from the ground up.
We entered a new “innovation wave.” The fifth such wave we've seen in modern history.
Now if that term is new to you – don't worry.
Even if you don't know the terminology – you know exactly what I'm talking about. Because you lived through it.
The fifth innovation wave started with the arrival of the internet.
Suddenly we all had the ability to make any product or service appear instantly and on command. Within a few years, nearly every person on the planet was carrying a small supercomputer in their pocket.
This new reality became normal so fast – we barely had time to blink.
Today, innovation waves are becoming shorter, faster, and more dramatic.
That's the nature of exponential technological growth.
And its why the media is always focused not on their potential, but on the disruptions they cause.
The downsides. The costs. The good old days we're leaving behind.
With the internet, you're seeing many of these negatives today.
The end of brick-and-mortar retail… the collapse of traditional media like newspapers… hacking… kids being targeted by online predators… and all of us turning into zombies who never look away from our phones…
That's all a result of the fifth wave.
That said – these dreary and overblown narratives are only a small part of the much bigger, real story.
Which is that innovation waves explain everything that is going on in society today.
Most of all, they explain why the rich keep getting richer…
While everyone else falls further and further behind.
And this process has been repeating itself for years.
The theory of innovation waves was first proposed in 1942 by Austrian economist Joseph Schumpeter.
Schumpeter realized every major economic boom and bust cycle – from the industrial revolution to the roaring twenties – didn't happen because of fiscal policy or government planning.
Rather, each of these economic booms could be traced to a single, new technological breakthrough.
A new technology so powerful that – once unleashed – it completely rewrote our economy and created millions (if not trillions) of dollars in new wealth.
People aware of these innovation cycles became millionaires – almost overnight.
But Schumpeter's message wasn't purely positive.
He realized that while innovation waves do create economic opportunity, they also leave millions of people behind as new technologies go mainstream and change the economy.
That's why Schumpeter had another name for an innovation cycle – a period of “creative destruction.“
Which brings me back to today.
Everything – from the rise of socialism to the rampant wealth of today's tech billionaires – is the byproduct of the most recent innovation cycle we just lived through, the fifth wave.
This single wave generated over $42 trillion in new wealth…
So much wealth that the number of millionaires doubled in the last decade.
At the same time, over 39 million Americans fell into poverty.
This division has resulted in social chaos. People are at their wit's end. Unable to get ahead. Unable to survive.
And it's about to happen again.
And the result will be the same.
Things will get worse for many… and dramatically better for a select few.
Because we're entering a brand-new wave.
The sixth wave – and it's the last one any of us who aren't in preschool will see in our lifetimes.
This wave could be bigger than anything we've ever lived through (even the rise of the internet).
Not only could it create far more wealth than any of its predecessors (it's so big that ARK Investment Management says it will generate $30 trillion in new wealth).
But it may also leave more people behind than any other innovation wave in history.
Goldman Sachs estimates – by 2030 – the sixth wave could affect 300 million workers globally.
Warren Buffett likened it to an “atom bomb” and says it will…
“Change everything in the world.“
The late Stephen Hawking said once it hit it could…
“Spell the end of the human race.“
Even if this sounds far-fetched to you right now – today, I'll show you exactly why these experts are right to be alarmed.
I've been tracking innovation waves for most of my career.
I showed my followers how to tap into the fifth wave – and use it to double or even triple their money.
Now, I'm here today to issue a final warning.
Because this, right now, is the critical moment for determining how the sixth wave will affect you – and whether you'll be a winner or a loser.
It's the only moment that matters.
In the next few minutes, I'll show you exactly what's going on…
Including the three steps I believe you must take today to protect yourself from what's ahead.
If you were left behind by the internet revolution… or are struggling to survive in today's America… the sixth wave will be your final chance at claiming financial security for both you and your family.
And if you're thinking this has something to do with AI – you're right.
But AI is just one part of the sixth wave.
And I'm sorry to tell you, but the kinds of moves many are making – like socking some money into the most popular AI stocks – will not protect you from being left behind in what's coming…
Much less allow you to build generational wealth.
And I don't think there are many folks who are willing and able to tell you this story in full – and show you how to prepare.
I've Spent More than 30 Years Tracking Events Like This…
My name is Eric Wade.
I'm a lead analyst at one of the world's oldest independent financial research firms, Stansberry Research.
Today, our research is published in over 55 countries and read by over 200,000 people.
They trust us because we have a long history of covering contrarian economic topics the media won't touch (either because they are confusing or they don't fit a certain narrative).
Topics like innovation waves.
My firm has been talking about technological innovations – and the way these innovations roll through society and impact the economy – for years.
Our founder started issuing warnings about these changes as early as 2011.
And he doubled down on his message in 2019, saying:
“While millions of Americans have been left behind so far, tens of millions more will be left behind in the coming decade if they don't take the critical steps now.“
To prepare, we instructed people to buy a handful of valuable technology companies – like Amazon, which we recommended as early as 1999.
If you had put $1,000 into Amazon then and held on until today, that investment would be worth as much as $33,000.
And you would have made that money even as the wealth gap widened.
Today, the rich hold 9% more wealth than they did in 1989. The middle class holds 10% less.
But the tech stocks we recommended have each gone up over 1,400%.
But that's the past. I'm here to talk to you about what's coming next.
Stansberry recruited me because I specialize in understanding how new technologies roll through society – and change our way of life.
My love of technology was instilled young – my dad was a computer programmer, so I grew up knowing technology inside and out.
This knowledge served me well when the fifth wave arrived. In the early days of the dot-com boom, when most people were opening their first email accounts, I started investing directly into the industry.
I became an early investor in the technology behind both Skype and FaceTime,
And I showed my followers the best way to profit off the tech boom, recommending over 41 winning tech stocks.
|The Trade Desk
|Sold half Intellia Therapeutics
|Crispr Therapeutics C
|Palo Alto Networks
|Royal Dutch Shell
|CBOE Global Markets
I also showed people how to profit from a less understood segment of the fifth wave – blockchain and cryptocurrency.
I've personally made more than 1,000% on multiple crypto trades:
*All investments carry risk. These are some of Eric's best personal investments; not all companies will perform as well. His average gain since inception is 30.4%.
But, as I said, that's the past.
The fifth wave is over.
Its unwinding has brought much of the economic and social chaos we're seeing in the world today. Tech companies have laid off over 280,000 workers.
Large tech scams are collapsing – like FTX.
Teenagers are so addicted to their phones, 78% of them get anxious if they don't check their phone every hour. Anxiety and depression are soaring as a result.
To be clear, when I say that the fifth wave is ending, I'm not saying that the technologies behind it are going to disappear.
The internet is still with us – just as transistors and rockets and the combustion engine are still with us.
But as the fifth wave accelerates – so does the destruction it causes.
And it will inevitably yield to the next great wave, and the cycle will begin again.
And that's exactly what's happening now.
The sixth wave is arriving, dramatically. And it's these early days, right now, that separate the winners from the losers.
And this moment is critical for another reason.
Not only will the coming wave be the biggest wave of our lifetimes – but it's coming at us at lightning speed.
The Economist says the sixth wave will be in full swing by 2024.
That means you need to prepare now. And if you give me a few minutes of your time today, I'll show you how to do just that.
I'll show you…
- How innovation waves have reshaped our economy time and time again – creating massive wealth booms for those aware of them.
- How the fifth wave devastated America – and created today's social chaos.
- And three steps you can take to prepare for the coming wave, including details on three companies to buy.
These topics aren't simple or easy.
Economists have devoted their entire lives to understanding what I'm about to share with you.
But it's critical you have this information.
Not only do I believe that knowing this information will help you protect your wealth…
But I also believe that – if you separate the winners from the losers now – you could build a portfolio that generates returns well into your retirement.
Let's get started.
Innovation Waves Roll Through the Economy in 3 Phases
I want to start by talking about how an innovation wave rolls through the economy – it happens in 3 key phases.
There's the excitement phase – when hype is building around a new technology…
The adoption phase – where a new technology goes mainstream…
And then the chaos phase – which is when we see all the negative impacts an innovation wave can have on society.
To understand what this looks like in real life, let's look at the first innovation wave… the industrial revolution.
This wave starts with the introduction of the steam-powered engine. And shortly after, we also saw the introduction of another key technology – one that doesn't get as much attention in history class but had just as big an effect on our economy (and still impacts us today).
The cotton gin.
While it doesn't look like much by today's standards, the cotton gin completely transformed the world of agriculture in the 1800s.
Thanks to the cotton gin, farmers were able to process double the amount of cotton almost overnight. Profits doubled, even tripled.
Demand for cotton gins went through the roof as farmers bought up as many as they could to increase production. This was the excitement stage of the innovation wave.
With that much demand, it wasn't long until the cotton gin was common throughout the American South. We were in the “adoption” phase.
Then came chaos.
Once cotton gins were widely spread throughout the South, we started to see the negative impacts they would have on not just the economy, but humanity.
Here's an example from the darkest part of American history… made even worse by one of these terrible disruptions. I'm talking about the despicable and inhumane practice of slavery.
Cotton gins, as a technology, were so efficient, slave owners forced their slaves to work even harder to maximize the production potential of the machines.
This put the South on the path to war with the North – a war that would eventually leave the South destitute and that damn near ended America.
And the negative effects don't stop there.
Even after slavery ended, the cotton gin and other agricultural technologies over the next century made many farm laborers redundant.
There were 7.6 million farmers in America in 1950. By the 2000s, that number had fallen to 2 million. A drop of 74%.
This has been devastating to rural communities across America.
Not only have farming jobs dried up, but the communities they supported have fallen into poverty and become epicenters for America's ongoing drug war. More than 70% of farmers have been directly impacted by the opioid crisis.
But to be clear – not everyone got left behind.
The Monsanto family was able to utilize new agricultural technologies introduced in the early 1900s to establish dominance in the agricultural sector…
Other rich farming families did the same – today, 85% of American's corn crop is controlled by four biotech companies (one of which is Monsanto).
Small farms have been all but pushed out of existence.
And investors who bought agricultural technology stocks have benefited too.
If you had invested in John Deere – another company taking advantage of this shift – your investment could have gone up over 6,000% since the 1980s.
That's what Joseph Schumpeter meant when he said innovation waves were periods of creative destruction.
New industries arise. And old ways of life are destroyed.
We see companies like Monsanto become world-dominating powers, creating massive fortunes for the few aware of them.
And while that happens, huge swaths of the “old” economy are incinerated, leaving the folks who depend on them with nothing.
And this process has happened again and again – every time an innovation sparks a new wave.
The third wave is another example – the wave of the internal combustion engine.
When Henry Ford introduced his “conveyer belt” approach to car production – it changed the world.
Not only did it create thousands of jobs (Ford had to employ 52,000 workers in a single factory to keep up with production).
But it also made cars far less expensive. They became accessible to the middle class. And in doing so, it kicked off an innovation wave.
Between 1945 and 1954, the total numbers of vehicles in America nearly doubled from 31 million to 59 million.
By the late 1960s, motor vehicle ownership had reached 100 million.
America's entire culture started to gravitate around the car – from the ways we designed our cities to our entertainment and vacation.
People moved out to the suburbs, knowing they could use their cars to commute to work.
New jobs were created – with people finding employment in car-centric businesses (from mechanics to waitresses at drive-thrus).
By the 1980s, the average American family owned at least two vehicles. Car consumption was at its peak.
But then, the chaos phase f this innovation wave arrived.
Rapid car adoption led to horrific air pollution.
Some American cities – specifically Los Angeles and New York –experienced such bad air quality they declared it a public health crisis. “Killer smog” would appear in cities and blind residents, trapping them in their homes.
Even today, with better emission standards and improved technology, over 1,000 people still die in southern California every single year from air pollution.
Cars also produce over 16% of all human emissions – damaging our environment in ways we never could have expected. And car accidents kill 1.3 million people every year.
That's a scale of destruction few could have predicted when the first cars started rolling off Henry Ford's conveyer belt. And that's just the health side effects.
While the car did produce new jobs, it also led to the creation of robotics and other forms of automation.
These technologies have put 7.5 million Americans out of work between 1980 and today.
And the number is still growing. Experts say automation will put 20 million Americans out of work by 2030.
Rural communities that rely on factory jobs have been brutalized. Just like farming communities were during the industrial revolution.
If you go into a car production plant today – it will look nothing like Henry Ford's conveyer belt.
Rather than thousands of people milling around performing tasks, car production requires a fleet of robots and a few human engineers to direct them.
Factory owners got rich. And thousands of laborers and communities got left behind.
Automation stocks also shot through the roof.
Parker-Hannifin – which makes many of the sensors used in modern factories – has gone up over 6,140% since the 1980s.
Cummins – a company that maintains internal combustion engines for factories – has gone up over 2,100% over the same period.
And Ametek – another company that services and maintains factory equipment – has gone up over 7,600%.
People who invested in those stocks could have grown wealthy – while those unaware were left behind with worse health and less work.
Which brings us to today.
While many people will look at the chaos we're seeing in society right now and blame it on politics or bad economic policy – I know it goes beyond that.
Rising unemployment, homelessness, inequality, even our broken politics – it's almost all a result of the creative destruction we saw in the fifth wave, the rise of the internet.
It explains nearly everything wrong with America today.
The opportunity and the chaos are just two sides of the same coin. There's no disputing that this wave generated many trillions in new wealth for a few – while leaving countless others behind.
And even that wave pales in comparison to what is coming.
The Fifth Innovation Wave Created Trillions in New Wealth
In 1995, commercial internet access became available to consumers for the first time.
And – initially – many people doubted it would last. Pundits and journalists even predicted it would fail in under a year.
But it didn't.
Instead, the internet quickly became the most transformative force in American society in at least half a century. And it kickstarted a new innovation wave.
Over the last 30 years, that wave has completely transformed our economy – creating dozens of brand-new technologies and investing opportunities.
- Amazon took over retail and become one of the biggest companies in the world.
- Uber all but put traditional taxis out of business.
- Netflix forever changed movies and television.
- Travel agents… hotels… job searching… dating… banking… all those industries have been completely disrupted by a handful of new apps and websites.
- And 7 million factory jobs have been taken by robots – although this is only the beginning.
And it happened quickly. Forty years ago, virtually none of the world's biggest companies – from Amazon to Netflix – even existed.
The fifth wave created them all.
- Adobe — 1982
- Nvidia — 1993
- Amazon – 1994
- Netflix — 1997
- PayPal – 1998
- Salesforce — 1999
- Facebook — 2004
- Spotify — 2006
- Uber — 2009
And if you had known they were coming, you could have gotten in front of it – and bought many of these companies while they were still trading for pennies.
Case in point, my firm recommended buying both Amazon and PayPal, two disruptive internet companies, in the early 1990s and 2000s.
We understood then (just like we understand today) that we were in the early phases of an innovation wave…
And that, even though the internet and the technologies it inspired were still new, they could become trillion-dollar powerhouses.
We were right.
If you had put $1,000 into Amazon when my firm first recommended it in 1999, and held on until today, that investment would be worth as much as $33,000.
And $1,000 into PayPal would be worth over $11,538.
And those are just a few stocks. In 2023, 90% of all the S&P 500's gains came from 7 tech stocks.
So much wealth was created so quickly, it flooded the stock market… and sadly, this wealth flowed to some people more than others – specifically, today's technocrats.
One-Third of All the New Wealth Created Went to The 1%
Thanks to the fifth wave, we now live with a new class of “super billionaires.”
Jeff Bezos, Elon Musk, Bill Gates…
Every single one of the world's richest men in the world (with the exception of Warren Buffett, Bernard Arnault, and Steve Ballmer) made their fortunes over the last 30 years from tech.
These men are so powerful, our government consults them before making major political decisions.
Like Elon Musk – who was consulted by the Pentagon before the U.S. government allocated resources to Ukraine in 2022.
And the companies they founded – from Amazon to Apple – are so big they produce more revenue and value than many countries' entire GDP.
The internet revolution turned these men into a brand-new ruling class…
They're so rich and powerful, they are basically modern-day kings. And now, these modern-day kings are the only ones at the top.
Because the fifth wave is crashing down around us. We've moved from the “creative” stage to the “destruction.”
As the Internet Wave Ends, It Creates Chaos for Those Left Behind
As the internet went mainstream, it created thousands of new business opportunities – from online retailers to online food delivery.
But in the process, it also pushed many established businesses aside.
Since Amazon launched, over two-thirds of all American malls have closed.
Over 65,000 mom-and-pop shops have shut their doors.
And 40% of the nation's small apparel, toy, and sporting goods makers disappeared, along with about one-third of small book publishers.
And it's resulted in thousands of retail jobs being wiped out – not to mention countless small business incomes and manager roles.
And it isn't just the brick-and-mortar space.
Thanks to Uber, the world's largest taxi company has declared bankruptcy – firing 15,000 people.
Blockbuster is gone – and so are 99% of its stores and employees, thanks to Netflix.
Factories across the U.S. have laid off thousands of workers – replacing them with automation and robots.
It's clear the fifth wave left thousands of people behind – wiping out countless middle-class jobs…
Jobs that paid well – and allowed Americans to have a pension or even operate their own businesses.
And these jobs aren't coming back.
Despite the jobs numbers Biden and his administration like to crow about, the reality is quite different.
Most of the jobs President Biden says his administration produced are not “new” jobs, but jobs recovered from the lows of the pandemic. And those jobs don't pay well.
We've seen the rise of “gig” jobs – like driving for Uber, Door Dash, or renting your home through Airbnb.
These jobs have no benefits, low pay, uncertain hours – and no security.
The tech companies that make them possible take a huge cut of the profits. And workers continue to get the short end of the stick.
That's why many young people are so angry.
Faced with high housing costs and declining job security, many of them are losing hope that they will ever get ahead in today's world. They're taking to the streets – asking for socialist policies out of desperation. Even if history has proved these policies don't work.
And there are other side effects to the fifth wave ending that aren't just economic.
Political systems around the world are in chaos thanks to fake news we get through our phones – technologies that didn't exist before the fifth wave.
We have to worry about election interference from Russia and Iran. Fake news is an epidemic spread through our digital devices.
Constantly immersed in our digital worlds, people are losing the ability to communicate effectively. Social media has also increased suicide rates and self-harm in teens.
Smartphones and screens are so powerful, they've even started changing the shape of our bodies. Scientists say by 2100 there is a possibility humans could have longer thumbs, claw-like hands, and stooped backs, all from hovering over our smartphones 24/7.
It's not pretty. And it's not going to get easier.
Because we're now entering a brand-new innovation wave – the sixth wave.
This wave is going to be bigger and more transformational than anything we've seen in our lifetimes.
And it's all because the key technology powering this wave isn't going to replace our smartphones or our computers… It's going to replace us.
Our creative potential. Our ability to use logic. Our talent at solving complex problems. The core of our humanity.
And when it does that – it will create an entirely new economy.
McKinsey estimates the technology behind the sixth wave could create $22 trillion annually.
Ark Investment Management puts that number at $30 trillion.
And as that new wealth floods into the economy – just like what we saw with the internet revolution – the wealth divide will widen.
New companies will rise to the top. We'll see a new Jeff Bezos. A new Elon Musk. A new Bill Gates.
And millions of Americans will be left behind.
And it doesn't matter if you aren't working or are retired – this is still going to affect you and your wealth for years to come. Because the entire economy is going to shift under our feet – just like it did with the tech boom. Old companies will fall. New ones will rise.
So, what is the sixth wave?
It's artificial intelligence.
AI – the Breakthrough Powering the $30 Trillion Sixth Wave
I understand if you're sick of hearing about AI at this point.
AI stocks outperformed the broader market in 2023 (beating the S&P 500 by 62 percentage points).
AI mania has gotten so crazy, a lot of people are wondering if AI stocks are in a bubble. They're even comparing it to the dot-com collapse we saw in the early 2000s.
But if you're thinking about AI this way, you're missing the full picture.
Artificial intelligence isn't hype or a fad.
It's not a 1-year investment or even a 2-year investment.
It's a breakthrough technology.
And like every breakthrough technology that came before it – from the cotton gin to the car to the internet – it could change everything about our society.
Over the next five years, AI could create dozens of new investing opportunities.
Here are just a few examples – starting with one of my favorites, healthcare.
You don't need me to tell you that today's healthcare industry is stuck in the past.
You've been to a doctor's office. You know healthcare is slow and expensive.
Part of the problem is, there are only so many doctors, nurses, and researchers available – but countless medical problems and conditions to fix.
This has trapped us in a cycle where researchers only focus on big diseases – and many people don't have access to affordable treatments, especially if they suffer from a rare disorder.
But AI will bring healthcare into the future.
An AI model can make so many calculations in a second – it would take a human over 31 billion years to do the same.
Being able to run calculations at that speed means AI can generate solutions and cures for overlooked and underfunded medical ailments. And it can predict many diseases – before they even happen.
Like breast cancer.
Today, one in eight women will get breast cancer in their lifetimes. And their best chance at survival is to detect that cancer early.
AI is making that possible.
Not only is it helping doctors scan for breast cancer (it finds 20% more cancer cases than a traditional check-up) but it's also made it possible to predict who will get cancer, before the disease even takes root.
This approach could save countless lives – and billions in cancer treatment.
Experts say AI could save the healthcare industry $360 billion every single year.
And it's not just cancer.
AI can also predict diseases like Parkinson's disease 7 years in advance – just by looking at someone's retina.
And it's being used to help monitor dangerous, long-term health conditions – like AFib.
AFib – or atrial fibrillation – is a heart condition that causes the upper chambers of the heart to beat rapidly and erratically. The CDC estimates it affects 6.7 million Americans.
But most people never get tested for it – meaning you could have it and not know until you have to deal with the consequences (like a stroke, heart failure, or obesity).
But AI is once again changing the game.
Not only have cardiologists started using AI to diagnose who is at risk for developing AFib…
But new technologies have also made it possible to monitor the condition – like the Apple Watch, which has made it possible for people to monitor their AFib every minute of the day.
Just imagine all the new biotech companies that may come into existence in the years to come – built on the backbone of AI.
There will be so many new treatments and resources available to us.
And people will be able to invest in those opportunities.
And that's just one area AI will disrupt.
There are dozens of others. Like the music industry.
Today, the music industry generates over $31.2 billion every single year.
And most of that money is being generated by singers, songwriters, and studios. Large record labels are so entrenched in the space, it's hard to get by in the music industry without them.
But with AI, this too will change.
Singers and songwriters will have to compete against AI bands – robotic singers designed by scientists to appeal to any audience. This is already happening – one AI band in South Korea is attracting millions of viewers every day.
Other forms of media will also be impacted.
In the fifth wave, Netflix changed the way we consume media. It ended the movie renting business and wiped out cable. And the sixth wave could give Netflix a run for its money.
AI could allow us to generate any show we want – with the click of a button.
No writers or actors necessary. We could essentially have unlimited entertainment, created and tailored to our wants and needs.
That means AI could not only disrupt the $544 billion streaming industry… it could also replace it with something entirely new.
And writers and streaming companies know this.
That's why when the Writers Guild of America went on strike in 2023, one of their big demands was job protection AGAINST AI.
One final example here – another one I care about deeply – is education.
Today, most young Americans are straddled with student debt (an average of $37,000 a student) – debt they took on because they had to pay astronomical sums to get a get a piece of paper from an institution.
Today, the college industry is worth over $800 billion.
AI could make it obsolete.
With AI, any student anywhere in the world could have access to more information than any human professor could ever teach.
Students are already using AI to answer questions instead of turning to textbooks. As a result, college textbook seller Chegg has seen its stock fall by 17%.
The list of disruptions AI will cause in our economy goes on and on.
And for investors, it's a literal gold mine.
Analysts at BlackRock – the largest money manager in the world – say AI will be one of the most powerful investing trends of the decade, even generating $25 trillion in new wealth for investors.
ARK Investment Management puts that number at $30 trillion.
Marc Cuban says that the first trillionaire will be minted by AI.
And if you think this all sounds far-fetched…
Or that none of these changes could play out in modern society…
Just remember the tech boom.
Today, we can order anything we want with the push of a button. It arrives on our doorstep in two days (sometimes one!).
We ALL carry phones so smart they are basically supercomputers. We navigate using GPS technology on those personal computers. Many of us work remotely. And we update our family and friends about big life events on social media networks.
None of this was even possible in 1995 – before the internet went mainstream. Now, it's hard to imagine life without these technologies.
And AI is going to do the same exact thing.
Investors who buy the right stocks now could be holding the next generation's mega giants.
Which brings us to the question – what should you buy?
You've probably heard the names of dozens of big AI stocks to buy, from Nvidia to Meta Platforms.
But I wouldn't buy any of those companies…
Because there is a far more lucrative (and low-risk) way to invest in the AI boom.
The picks and shovels of the new AI economy.
You Need to Buy Companies in the New AI Economy
By now, you understand how innovation waves fundamentally change our society – both positively and negatively.
They are like freight trains. They arrive – and quickly – whether we're ready for them or not.
Which brings me to my final critical point for investors.
When a new breakthrough technology arrives, like the car or the steam engine, investors often try to get a stake in these booms by investing in the technology itself – or the companies working with them most directly.
Like Ford for the car.
Or Cisco for the internet.
Today, we're seeing this manifest through people buying Nvidia – a very popular AI stock that soared 200% in 2023 alone.
And sure – that approach could work.
But the truth is that companies working directly with a new breakthrough technology are the ones most vulnerable to hype and market turbulence.
Case in point – the dot-com bubble.
When the tech hype fizzled, Microsoft and many of the biggest tech companies working directly with the internet saw their share prices collapse (and some, like Cisco, never recovered their peak highs).
People wanted a stake but didn't understand whether a company would deliver long-term growth.
Which is why I approach innovation waves differently.
Instead of investing in the companies that are directly developing AI, I look for companies that are growing within the innovation wave itself…
Companies that will provide the new backbone of the new “AI economy.”
These plays can deliver incredible returns. And they can grow quickly, with limited competition.
Just look at Amazon.
It's a great example of the kind of company we look for – but in the fifth wave.
Before the internet, we shopped for everything in brick-and-mortar stores. Dillard's. Macy's. JCPenney.
But then the internet birthed an entirely new online economy.
One that allowed Jeff Bezos to build one of the most powerful companies in modern history. Today, Amazon delivers 3.5 million packages every single day.
It has wiped out countless mom-and-pop stores. And now it's one of the biggest private employers in America.
If you had put $1,000 into Amazon when my firm first recommended it in 1999 and held on through today, that investment would be worth over $33,000.
And without the internet – it wouldn't have been possible.
Here's another example – one I'm sure you know all too well.
Back in 2000, new tech CEO Reed Hastings approached one of the world's most profitable media companies, Blockbuster.
Hastings had an idea.
He wanted to rent DVDs to people monthly. People could pay $17.99 – and never face another late fee. When he tried to sell his idea to Blockbuster, they laughed in his face.
But Hastings didn't give up. He continued his company on his own – a company you now know as Netflix.
Today, Netflix has completely reshaped the world of entertainment. Not only did it drive Blockbuster into the ground, but it changed the way we consume media.
Apple, Amazon, even Disney – every big media company has been forced to bend to Netflix's streaming model.
And the stock went through the roof.
If you had bought Netflix in 2002, you could have turned $100 into over $8,800.
The list of companies that delivered extraordinary, long-term gains thanks to the internet and the new economy it created goes on and on…
Salesforce – 7,672%
Nvidia – 56,851%.
Meta Platforms – 752%
Adobe – 292,173%
Apple – 189,900%
Amazon – 205,455%
*All investments carry risk. These are some of the market's greatest successes; not all companies will perform as well. Eric's average gain since inception is 30.4%.
Every single one of them could have made investors millions. And most of them only came into existence in the last 40 years.
These are the companies you want to add to your portfolio.
You want to invest in businesses that will corner the market – like Netflix and Amazon – and grow rapidly alongside a breakthrough technology. Companies that don't have a lot of competition, because they are something entirely new in their space. They are cutting edge.
And now with AI, we're going to see it happen again.
A new Netflix, a new Amazon, a new Apple – it's all on the table.
And the current tech titans know this.
That's why they've been throwing billions of dollars at AI over the last two years – they are desperate to stay on top. To maintain their empire.
From Microsoft investing $10 billion into OpenAI, the creator of ChatGPT…
To Apple acquiring over 30 AI startups over the last decade…
They know this is the future.
And I'm sure some of their efforts will pay off.
But the reality is, with this much money in play, we will see new companies rise in the AI economy that will become trillion-dollar powerhouses.
So how do you identify which AI companies will be the next Netflix, the next Apple, or the next Amazon?
Well, it's not easy.
You must understand how an innovation wave moves through the economy on its most fundamental level. And how those changes will affect the way we interact with each other, work, and communicate in the long-term.
Like I do.
Not only did I believe in many of the early companies in the dot-com boom – but I invested in many of them. And that's because I've spent years learning how to find huge, society-changing companies – while they are still startups.
And that's what I plan on doing with AI.
I've Spent Years Learning How to Identify Opportunities in Times Just Like This
As the son of a computer scientist, I realized early on how big and influential the fifth wave would be for the global economy.
Instead of standing by and getting bulldozed by what was coming, I made a few strategic investments to capitalize. Investments that allowed me to claim my stake in this new world.
I realized the internet would change the way we do business as companies were forced online.
Because of this, I decided to buy a domain name – WallStreet.com.
In the early days of the internet, you could buy high value domain names like this for nothing.
My bet paid off. Five years later, I sold that domain name for over $1 million.
I also became an early investor in the technology behind FaceTime and Skype – knowing that the internet would change the way we communicated much the way house phones wiped out the telegram.
A lot of people thought I was crazy at the time…
After all, in the '90s, most people I talked to didn't even know what a domain name was.
Even fewer envisioned a future where people would be walking around with computers in their pocket – and talking to their relatives face-to-face through a screen.
But that's what happened.
I also was an early mover in the world of crypto – profiting from many little-known crypto companies:
And when it comes to AI, I'm going to do the same.
Over the last year, my team and I have been putting together three comprehensive reports detailing all our research on the sixth wave and steps you'll need to take to navigate it.
The first of these resources is the “The Sixth Wave: Top AI Stocks to Buy” report.
Each of the companies in this report have the potential to be the next Amazon, Netflix, or Airbnb.
Meaning they could grow rapidly in the new AI economy because they are building functional businesses that either provide solutions or brand-new products within the sixth wave. They're adapting quickly to this new world.
That's why I believe the companies in this report could triple in value in the coming AI economy.
And, if you really want to make money here, you will need to act on these opportunities in the next 30 to 60 days.
That's because these companies aren't going to triple in value over 10 or 20 years… They are going to do it in five.
And this is your final chance to get in early.
AI is the FASTEST Technology in History – It Could Deliver Triple-Digit Gains in Five Years
We've reached a point in human development where progress has begun to happen exponentially. Every single innovation wave has happened faster than the one before it.
The textile and waterpower revolution took 60 years to rewrite our economy.
Rail and steam did it in 55…
Electricity took 50 years…
Petrochemicals and aerospace took 40 years…
The tech boom took 30…
And now with AI – the new wave – experts say we will see massive changes in our economy in less than 10 years.
Ray Dalio says AI will “radically disrupt our lives” within a year.
And futurist Ray Kurzweil – who predicted the rise of both smartphones and personal computers and has an 86% accurate track record when it comes to his tech predictions – said AI will reach human-level intelligence by 2029.
Why are technologies moving faster? Well, they're getting cheaper.
Just look at the car. It took the car 50 years to go mainstream. And that's because in 1909, the Model T cost $850. That price was over a quarter of what the average American family made at the time yearly.
But by 1924, Ford's conveyer belt model had gotten the price down to $240 a vehicle. And this caused the car's sales to explode.
In 1915, only 10% of Americans owned a motor vehicle.
Today, 1.4 billion internal combustion engines exist worldwide.
The same thing happened with the smartphone.
When Alexander Graham Bell designed the world's first telephone in 1876 – it was laughed at. No one thought anyone would want this clunky device in their homes.
And by 1900, America only had 600,000 phones. Then costs started to go down… The technology became better.
By 1910, 5.8 million people had phones. Today, there are more telephones in the world than people – and that number is still climbing.
Technologies have been getting cheaper and cheaper – faster and faster.
And AI is advancing faster than any technology that came before it…
With AI, we already have much of the infrastructure needed to make it function – from smartphones to computers.
That's why AI is going mainstream faster than any other technology to date.
It took the internet 7 years to get 100 million users…
And 5 years later, YouTube would achieve the same user base in just 4.
And ChatGPT? It achieved 100 million users in under 2 months – making it one of the fastest growing apps in human history.
That's why today, computer scientists believe AI will be widespread by 2028.
Which means the new companies of the AI economy are going to arrive quickly – and they could generate wealth far faster than any other company in history.
This is not like the tech boom – where you had to wait 30 years to see a stock soar 10,000%.
With AI, we could see that progress take place in 5 to 10 years.
If you're worried about whether you will ever be able to retire… or if you waited on tech stocks until it was too late… AI could be a second chance.
But if you blink – you could be left behind.
Timing is important here.
Which is why my team and I are willing to release the names of our top AI stocks in a new report… I'll tell you how to claim your copy in a minute.
But first remember – innovation waves bring both crisis and opportunity.
And there will be a lot of crises in the days ahead .
AI Will Wipe Out Dozens of Popular Companies
Every innovation wave creates winners and losers – and the sixth wave is no exception.
In the tech boom, we saw it happen with the fall of Blockbuster, brick-and-mortar stores, and taxi companies.
Those companies disappeared or lost market share as tech companies rose and replaced them. I mean, just look at this image.
Apple's market cap is now more than the top 10 companies ten years ago.
And AI could do the same – disrupting dozens of industries, from healthcare to music. In the process, hundreds of companies will get wiped out in a complete stock market reshuffling.
The process is already starting.
Textbook seller Chegg saw its stock fall by 17% in 2023 after ChatGPT launched – and the company is rushing to innovate just to stay relevant. Many companies won't take these steps.
That's why it's critical you sell stocks that won't thrive in the new AI economy – otherwise, your portfolio could take a hit.
That's why – in addition to the “The Sixth Wave: Top Stocks to Buy” report, we've published a second report with the names of stocks you should remove from your portfolio before the sixth wave
It's called, “The Sixth Wave: Top Stocks to Sell.”
While some of these companies may shine on the surface – all of them have business models that could easily be replaced by AI. Their stocks are ticking time bombs.
And there is one more resource I want to share with you…
A report that I believe will not only help you profit… but could also give you peace of mind in the chaos ahead.
Find Calm in the Chaos
The fifth wave left America in chaos.
Political instability, a large wealth divide, job losses…
We can all admit, we're living through some hard times.
And with the sixth wave – it might get worse. Even though AI will create dozens of investing opportunities, it will also create social chaos, just like every wave that came before it.
And a large part of that chaos will come from job losses – AI could replace many middle-class jobs in the coming years.
This is not a guess. Or a fear tactic. It's an economic fact. AI can do what humans do – and in many cases, it does it better.
In the legal world, AI is outperforming human lawyers on tests. ChatGPT beat 90% of all law students taking the bar exam.
Considering law is one of the top fields college graduates enter, you can see how this will be devastating to millions of Americans.
And that's just the start…
In 2022, OpenAI and Microsoft unveiled a new tool called “co-pilot” for web developers. It allowed developers to complete tasks 55.8% faster.
Silicon Valley companies were willing to lay off so many high-level developers in 2022 – knowing they could replace them with AI in the future.
And it isn't just highly educated workers. Bill Gates says in the next five years, we will all get AI powered personal assistants.
It's already happening – you can now ask Google to make dinner reservations for you. Or it can arrange a haircut.
No one is safe – from teachers making $60,000 in inner city schools…
To web developers raking in over $150,000 a year in the highest levels of Silicon Valley.
Just like the tech boom did before it, AI could reshape the labor market.
I've included all the details in a new report called, “How We Could Make 9X Potential Gains Solving the ‘Labor Paradox.'”
This report shares a unique opportunity… one that could go up 9x thanks to today's rapidly changing job and labor markets.
And today, I want to give that report to you, along with the other two reports in our Sixth Wave Investor Guide:
- The Sixth Wave: Top AI Stocks to Buy
- The Sixth Wave: Top Stocks to Sell
All I ask in return is for you to try a risk-free trial of my research advisory, called Stansberry Innovations Report.
Our Work is Unlike Anything Else on the Market – Here's Why.
I joined Stansberry with one goal.
I wanted to help people learn about and profit from the biggest and most important trends in the market – trends like innovation waves.
To do this, I hired a team of analysts and editors.
These folks work alongside me to find the best opportunities in the market. We then deliver those ideas directly to our readers.
I doubt there is anyone else in America's retail investment research space that spends what we do on talent a year. But just because we pay top dollar for our analysts doesn't mean you have to.
The beautiful thing about our business model is we can offer our research digitally for a fraction of the cost we would charge if we were a traditional hedge fund or money management firm.
In fact, one year's access to my team's research costs just $199.
When you compare that to what the average hedge fund charges (a 2% management fee, plus a percent of whatever you make), it's really no surprise that we've attracted thousands of readers over the years.
But if you're listening today, you won't pay anywhere close to that.
Because today, you can receive a one-year subscription to Stansberry Innovations Report, with a NO-RISK 30-day trial built in, for as little as $49.
As soon as you sign up, my team will send our Sixth Wave Research Bundle directly to your inbox.
And that's just the start of your member benefits.
You'll also get 12 monthly issues created by me and my team.
Each of these issues will focus on a new investing opportunity or trend and includes a new stock recommendation. We cover a range of topics – from self-driving cars to the internet of things and AI. You'll be up to date on all the biggest opportunities.
You'll also get immediate access to our Model Portfolio.
This is a collection of all our stock picks to date – and we update it regularly. The Stansberry Innovations Report model portfolio has beaten the S&P 500 since 2018 – and not just by a little bit.
Since inception, our average gain has beaten the S&P 500 by 11.3 percentage points.
You can double-check any of those numbers on our details and disclaimers page below – I'm not here to hide anything.
All investments carry risk, and past performance does not indicate future results. You should never invest more than you can afford to lose.
But here's everything you'll get when you subscribe to Stansberry Innovations Report:
- 12 monthly issues with New Recommendations and Opportunities
- Complete access to our Model Portfolio
- Access to our America-based customer service team.
- Buy and sell alerts to keep you up to date via text on any of your positions.
- Free access to our Sixth Wave Research Bundle (a $250 value).
- Free Bonus Report: “The Three Assets You Do NOT Have to Report to the U.S. Government.”
This Offer is Risk-Free
I am so confident you will find my research valuable, I'm going to give you the opportunity to test-drive my Stansberry Innovations Report for the next 30 days – no strings attached.
During that time, if you're unhappy with any of the research we provide, you can call our America-based customer service team and get all your money back.
I'll even allow you to keep my Sixth Wave Research Bundle, and we'll part as friends.
I'm doing this because – frankly – I'm not here to make enemies.
If you don't like the work I provide, that's fine.
You don't have to stick around.
But if any of the information I've told you today resonates with you, I don't want money to stand in the way of you learning more about this opportunity.
With that, I leave the decision in your hands.
We're at a pivotal moment in history.
Five times before, we've seen innovation waves reshape the global economy.
Five times before, those waves have created unimaginable wealth…
And plunged millions into poverty.
Now it's all happening again.
AI will not only bring about an innovation wave – but it could kickstart one of the biggest investment opportunities of our lifetime.
Those who get in on that – and buy the right companies – could see their money triple in the next five years…
While those who stay in the dark will have to deal with a changing market – and changing America – on their own.
I genuinely believe that my Sixth Wave reports will not only help you embrace the coming years with optimism – but face them fearlessly.
You can set yourself in alignment with history – instead of against it.
To learn how you can get started, just click the button below.
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