investorplace.com Open in urlscan Pro
2606:4700::6810:bf86  Public Scan

Submitted URL: https://click.exct.investorplace.com/?qs=63dd309db535e02438b0376008f36f453dddc34f0f386cae1f29cb1d03d9a355c35380a394edf6de62ebe51fc028...
Effective URL: https://investorplace.com/smartmoney/2024/08/what-the-internet-boom-tells-us-about-agi/?utm_source=efsm&utm_medium=eletter...
Submission: On August 26 via api from BE — Scanned from US

Form analysis 5 forms found in the DOM

POST

<form class="lightbox-doe-form" method="post">
  <input name="source" type="hidden" value="">
  <input name="ipmEffortId" type="hidden" value="">
  <input name="ipmPubCode" type="hidden" value="">
  <input name="ipmBrandId" type="hidden" value="">
  <input name="ipmEmailTemplateUrl" type="hidden" value="">
  <input name="ipmEmailSubject" type="hidden" value="">
  <input name="ipmCampaignId" type="hidden" value="">
  <input name="ipmTargetUrl" type="hidden" value="">
  <input name="ipmAssetId" type="hidden" value="">
  <input name="ipmBaseUrl" type="hidden" value="">
  <input name="ipmCoiOptinSource" type="hidden" value="">
  <input name="ipmCoiOptin" type="hidden" value="">
  <input name="ipmAuthOptIn" type="hidden" value="">
  <input name="ipmTransactionType" type="hidden" value="">
  <div class="lightbox-form-fields">
    <label for="exampleInputEmail1">Download the free report here:</label>
    <input class="form-control" name="Email" required="" type="email">
  </div>
  <div class="lightbox-form-button">
    <button class="btn btn-normal btn-primary" type="submit"></button>
  </div>
</form>

GET https://investorplace.com/search/

<form class="search-form" role="search" method="get" action="https://investorplace.com/search/">
  <label for="header-search"><span class="screen-reader-text">Search symbol, company name, or keywords</span></label><!-- /label -->
  <input class="search-form__input" id="header-search" autocomplete="off" type="search" name="q" value="" placeholder="Search symbol, company name, or keywords" required=""><!-- /.search__submit -->
  <button type="submit" class="search-form__submit">
    <div class="svg_wrapper svg_header-search-icon">
      <div><svg shape-rendering="geometricPrecision">
          <use xlink:href="#header-search-icon"></use>
        </svg></div>
    </div> <span class="screen-reader-text">Search</span>
  </button><!-- /.search__submit -->
  <div class="search-form__suggestions js-search-suggestions" aria-visible="false">
    <ul class="search-form__suggestions-list js-search-suggestions-list"></ul>
  </div><!-- /.search-suggestions -->
</form>

POST

<form class="form ipm-inline-doe-form js-ipm-inline-doe-form" method="post">
  <input name="pubCode" type="hidden" value="">
  <input name="source" type="hidden" value="">
  <input name="campaignId" type="hidden" value="">
  <input name="transactionType" type="hidden" value="free">
  <input name="Email" placeholder="Email Address" required="" type="email" value="">
  <button class="btn btn-normal btn-primary">Submit</button>
  <p class="ipm-inline-doe__error js-inline-doe-error"></p>
</form>

Name: pir_loginPOST https://investorplace.com/ipa-login/

<form action="https://investorplace.com/ipa-login/" class="form" method="post" name="pir_login" id="pir_login_modal">
  <input type="hidden" id="_ipnonce" name="_ipnonce" value="476b12bbc8"><input type="hidden" name="_wp_http_referer"
    value="/smartmoney/2024/08/what-the-internet-boom-tells-us-about-agi/?utm_source=efsm&amp;utm_medium=eletter&amp;utm_campaign&amp;utm_content=08-19-2024"> <input type="hidden" name="ipa_from" value="https://investorplace.com/dashboard/">
  <input type="hidden" name="ipa_home" value="https://investorplace.com/">
  <input type="hidden" name="ipa_source" value="primary">
  <div class="field">
    <label for="TAuserId" class="screen-reader-text">Email Address or Username</label>
    <input name="username" id="TAuserIdModal" placeholder="Email Address or Username" type="text" required="" qa-input-username="">
  </div>
  <div class="field">
    <label for="TApassword" class="screen-reader-text">Password</label>
    <input name="password" id="TApasswordModal" placeholder="Password" type="password" required="" qa-input-password="">
  </div>
  <div class="field">
    <button class="btn-normal btn-primary login-bt" type="submit" name="TAsubmit" id="TAsubmitModal" qa-input-submit="">Sign in</button>
  </div>
</form>

POST

<form class="swipe-up-doe__form js-swipe-up-doe__form" method="post">
  <input name="pubCode" type="hidden" value="">
  <input name="source" type="hidden" value="">
  <input name="campaignId" type="hidden" value="">
  <input name="transactionType" type="hidden" value="free">
  <input name="Email" placeholder="Email Address" required="" type="email" value="">
  <button class="btn btn-normal btn-primary"></button>
  <p class="swipe-up-doe__error js-swipe-up-doe__error"></p>
</form>

Text Content

Close Lightbox

Close Lightbox


Download the free report here:




Skip to content


 * DOW + 1.07%
   412 / + 4.35
 * Nasdaq + 1.08%
   480 / + 5.15
 * S&P + 1.06%
   562 / + 5.91

Primary Menu ☰

 * Our Analysts
 * Free Reports
 * Newsletters
 * Free Reports
 * Log in
   My Account
    * My Services
    * Portfolio Tracker
    * Manage Account
    * Support
    * Logout

 * 


 * Today’s Market
 * Stocks
   * Stock Picks
     * Hot Stocks
     * Stocks to Buy
     * Stocks to Sell
     * Stock Quotes
     * All Stock Picks
   * Stock Types
     * Blue-Chip Stocks
     * Dividend Stocks
     * Growth Stocks
     * Meme Stocks
     * Penny Stocks
     * Undervalued Stocks
   * Industries
     * Consumer Discretionary
     * Consumer Staples
     * Energy
     * Healthcare
     * Technology
     * More Industries
 * Crypto
 * Trading
 * Market Analysis
 * About InvestorPlace
   * About InvestorPlace
   * Publishing Guidelines
   * Contact Us
 * Premium Services

Search symbol, company name, or keywords

Search

Close Menu
Log in
Log out
 * My Services
 * Portfolio Tracker
 * Manage Account
 * Support
 * Logout

 * Our Analysts
 * Free Reports
 * Newsletters
 * Free Reports


 * Home
   /
 * Market Analysis
   /
 * What the Internet Boom Can Tell Us About the Road to AGI

Meet Eric Fry


WHAT THE INTERNET BOOM CAN TELL US ABOUT THE ROAD TO AGI

The world is about to change… rapidly and irreversibly

By Eric Fry, Editor, Fry's Investment Report Aug 18, 2024, 3:30 pm EDT August
16, 2024


Source: Andrey_Popov / Shutterstock.com

Hello, Reader.

Think back to January 2000.

The internet was the next big thing, a recession was a year away, and the
dot-com bubble was inflating. Wide-leg jeans were in fashion.

This, perhaps, sounds a bit like today.

But back over 20 years ago, investors knew that the internet would change the
world. So, they bid up the market caps of the Top 5 tech stocks to record
heights…

 * Microsoft Corp. (MSFT) to $600 billion
 * Cisco Systems Inc. (CSCO) to $316 billion
 * Oracle Corp. (ORCL) to $308 billion
 * Intel Corp. (INTC) to $275 billion
 * IBM Corp. (IBM) to $188 billion



All of this felt perfectly reasonable at the time.

These five companies represented the top software, hardware, and infrastructure
firms of the day. They were clearly the key drivers of the Internet Age, and
investors were happy to buy these stocks, no matter the price.

However, these companies couldn’t stay at those lofty valuations, and all but
IBM declined over the next decade. In fact, Cisco and Intel still trade below
their 2000 peaks.

The truth is that high share prices have a habit of robbing future investors of
returns. If a stock rises 10% today, that usually means 10% less upside is
available for tomorrow. And even the highest-growth companies can take decades
to “fill out” inflated market valuations… if they ever do at all.

The opposite is also true. Of the 361 S&P 500 firms that made it through the
2000s without merging or going bankrupt, the five top-performing of that decade
were…

 * A near-bankrupt computer maker: Apple Inc. (AAPL) +720%
 * A construction company: McDermott International Ltd. (MDR) +695%
 * A fossil fuel company: Occidental Petroleum Corp. (OXY) +652% 
 * A railway: Kansas City Southern (KSU): +609%
 * And an oil driller: APA Corp. (APA) +545% 

--------------------------------------------------------------------------------


WALL STREET LEGEND ON ECONOMY: “IF YOU KNEW WHAT I KNOW, YOU’D BE TERRIFIED
TOO.”

Something huge is headed to America’s shores — and it scares the hell out of
Wall St. legend Louis Navellier.

When it makes landfall, its impact will be more violent and more severe than any
financial crisis we’ve ever seen…

“No matter how prepared you think you are, you aren’t prepared enough,” he
warns.

Click here to see his official warning

--------------------------------------------------------------------------------



With the exception of Apple, the top performers had almost nothing to do with
the internet.

Instead, these were high-performing companies that simply sold off during the
dot-com boom because investors needed the cash to bid up pricey tech stocks.
Twenty-nine of the top 30 performers of the 2000s tracked by Refinitiv, a
provider of financial market data, were non-tech firms.

Just as the internet boom created surprising winners, so too will the Road to
Artificial General Intelligence (AGI).

AGI is when AI becomes capable of “generalized” cognitive abilities, allowing it
to achieve superhuman cognition.

To illustrate further, let’s consider a separate industry where the need for AI
is relatively easy to picture: self-driving vehicles.


THE REAL WINNERS OF THE ROAD TO AGI

At first glance, observers might believe that the Road to AGI involves winners,
automakers like General Motors Co. (GM), and losers, rideshare firms like Uber
Technology Inc. (UBER).

However, a closer look at the industry reveals the opposite might be true once
autonomous vehicles (AVs) truly emerge. Rideshare firms could emerge as winners,
while automakers become the losers.



Here’s why…

Automakers have long known that cars are parked roughly 95% of the time. Most
vehicles are needed on demand, and we simply leave them in driveways or parking
lots because they can’t move themselves.

But what if they could?

A single vehicle could theoretically drop one person off on a morning commute,
swing back home to take another family member to buy groceries, then bring
another to daycare… and so on. There would suddenly be no need to have 1.8 cars
per household when you can share a single vehicle with multiple family members
or neighbors.

Consultancy Oliver Wyman estimates that driverless vehicles could reduce net car
demand by as much as 15% by 2035, even if the number of people using cars go up.
It’s no wonder why GM is willing to rush the development of its self-driving
vehicles. Losing out on the self-driving revolution would be disastrous for
carmakers, given the high fixed costs of production.

Meanwhile, ridesharing company Uber sold its self-driving unit in 2020 because
it realized it’s mostly immune from getting replaced by autonomous vehicles.
Instead, the rideshare firm stands to benefit from AGI because it can quickly
become a marketplace for these services. Why buy a Tesla Robotaxi when Uber can
send you the nearest car for the cheapest price?



So, if rideshare companies like Uber play their cards right, they would be the
ones that benefit most on the Road to AGI, rather than the automakers that
finally perfect autonomous driving. 

During my special event next Thursday, The Road to AGI Summit (join me by going
here), I’ll share my No. 1 stock idea for investing in AGI. It’s a fast-growing
startup with virtually limitless potential on the Road to AGI. Additionally,
I’ll be delivering my “futureproof” blueprint to prepare for this rapidly
evolving landscape.

Because AGI is reaching a point of no return for developing AI technology, this
event is crucial for anyone looking to stay ahead and capitalize on this coming
technological revolution.

I’ll provide all the details during my The Road to AGI Summit on Thursday,
August 22, at 1 p.m. Eastern time.

Click here to reserve your seat.

Regards,

Eric Fry



Submit



Eric Fry Editor, Smart Money


MEET ERIC FRY

By looking for big-picture trends that drive huge, multiyear moves in entire
sectors of the market, Eric Fry exploits moneymaking opportunities regular Wall
Streeters miss.

Learn more about Eric

--------------------------------------------------------------------------------

Article printed from InvestorPlace Media,
https://investorplace.com/smartmoney/2024/08/what-the-internet-boom-tells-us-about-agi/.

©2024 InvestorPlace Media, LLC


MORE FROM ERIC FRY

Market Analysis


XAI VS. EVERYONE: CAN ELON PULL OFF ONE LAST BIG SCORE?

8h ago · By Eric Fry, Editor, Fry's Investment Report

Market Analysis


THE “UNPOPULAR” STOCK THAT CAN BEAT THE PANTS OFF NVIDIA

2d ago · By Eric Fry, Editor, Fry's Investment Report

Market Analysis


TAKE THESE STEPS BEFORE TECH BECOMES MENTALLY SUPERIOR TO US

3d ago · By Thomas Yeung, CFA, InvestorPlace Markets Analyst


 * ERIC'S MOST POPULAR
   
    1. Market Analysis
       
       2d ago
       
       
       THE “UNPOPULAR” STOCK THAT CAN BEAT THE PANTS OFF NVIDIA
   
    2. Market Analysis
       
       4d ago
       
       
       THE ROAD TO AGI’S HAZARDS (AND HOW TO AVOID THEM)
   
    3. Market Analysis
       
       6d ago
       
       
       [WEEKLY ROUNDUP] THE ARRIVAL OF AGI IS IMMINENT – HERE’S WHAT WE CAN
       EXPECT
   
    4. Market Analysis
       
       5d ago
       
       
       HOW AI COULD LEAD TO THE “DEATH OF THE SPIRIT” 
   
    5. Market Analysis
       
       Aug 17, 2024
       
       
       A NEW FORM OF AI IS HERE - AND IT’S GOING TO CHANGE THE WORLD AS WE KNOW
       IT

 * 


 * 
 * 
 * 

 * About InvestorPlace
 * Products
 * Contact Us
 * Help
 * Careers
 * Advertise With Us
 * Disclosures & Disclaimers
 * Privacy Policy
 * Terms of Use
 * Ad Choices
 * Do Not Sell My Personal Information
 * Cookie Preferences
 * DMCA Policy

Financial Market Data powered by FinancialContent Services, Inc. All rights
reserved. Nasdaq quotes delayed at least 15 minutes, all others at least 20
minutes. Copyright © 2024 InvestorPlace Media, LLC. All rights reserved. 1125 N.
Charles St, Baltimore, MD 21201.


Close login modal


SUBSCRIBER SIGN IN

Email Address or Username
Password
Sign in
Forgot Password?

Not Yet a Premium Subscriber?

Subscribe
Expand/Collapse DOE
Close DOE



Your Email