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* Phase 2 of the AI Revolution Is Here – Thanks to This AI Breakthrough

Meet Eric Fry

PHASE 2 OF THE AI REVOLUTION IS HERE – THANKS TO THIS AI BREAKTHROUGH

Computers as we know them are about to change…

22h ago · July 24, 2024 By Eric Fry, Editor, Fry's Investment Report

Editor’s Note: There’s a major development unfolding in the world of AI – one
that’s about to send shockwaves through the stock market.

That’s why I’ll be participating in an urgent AI discussion along with my
InvestorPlace colleagues Luke Lango and Louis Navellier this Friday, July 26.

In preparation for the discussion, Louis Navellier is joining us today to talk
about the emerging technology that will usher in this next phase of the AI
revolution.

Take it away, Louis…

Elon’s New AI Device Could Be Bigger Than the iPhone. Here’s How to Play It

Hello, Reader.

Right now, artificial intelligence is all the rage in the market. This is
understandable, of course, since AI is set to change the world as we know it.

For example…

* AI is revolutionizing healthcare by assisting doctors in diagnosing diseases
and helping pharmaceutical companies develop new treatments.
* AI chatbots and virtual assistants handle customer inquiries and provide
support 24/7, improving customer satisfaction and reducing response times.
* AI-generated media is upending our notions of creativity and inspiring new
forms of expression.

The list goes on…

And right before our eyes, companies like NVIDIA Corporation (NVDA), which makes
the chips necessary for companies looking to implement generative AI, are making
money hand over fist, enriching investors in the process.

The companies that were (and still are) enabling the hardware side of AI are
Phase 1 of the AI Revolution.

But I am here to tell you that we are now entering Phase 2, and it’s all thanks
to quantum computing.

So, today, I’ll explain what this emerging technology is, and how it will
supercharge artificial intelligence. And then, I’ll share the kinds of companies
that should soar during Phase 2 of this AI Revolution, as well as what could
happen to those who don’t prepare for Phase 2 now.

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

THESE 7 STOCKS COULD DOUBLE (OR TRIPLE)

Legendary investor Eric Fry has been right about a lot of stock picks. 41
recommendations that increased over 1,000%. Another 20 that went up more than
500%.

He’s good.

So if he releases a surprise list of 7 companies he expects to win big in 2024,
you can’t afford to miss it.

Click here to download this list for free.

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

FROM BITS TO QUBITS

Right now, computers as we know them today operate on a binary system. They are
equipped with chips that use bits to perform computations.

The bits are limited, though, and can only show a value of zero or one. So, it
takes a lot of zeros and ones arranged in specific orders for a computer to do
anything.

To understand what I’m talking about, let’s think about a maze. A classic
computer will run a simulation by choosing a path. When it hits a dead end in
the maze, it will start all over again. It will repeat this process again and
again until it finds the solution.

Quantum computing changes the game, though. These computers operate with
subatomic particles such as electrons or photons. Quantum bits (qubits) allow
the particles to exist simultaneously in more than one state, which increases
processing speeds.

Source: CBInsights

Going back to our maze analogy, a quantum computer will test all paths of the
maze simultaneously, giving you the correct answer in a fraction of the time.

Elon’s New AI Device Could Be Bigger Than the iPhone. Here’s How to Play It

Why is that important? Quicker processing speeds mean that computers can tackle
more complex problems, which will improve predictive analytics, pattern
recognition and complex optimization tasks.

The implications here are hard to understate. While classical computers have
made tremendous gains over the decades, with quantum computing we’re talking
about a complete paradigm shift. You can throw Moore’s Law – which states that
the number of transistors on a microchip (and, in turn, computing power) doubles
approximately every two years – out the window.

Up until recently, building a quantum computer was prohibitively expensive. They
were overwhelmingly complex and massive, and they needed to be kept in stable
laboratory conditions, and cooled to nearly absolute zero (-459 degrees
Fahrenheit).

In other words, they were confined to academic research labs and a few
well-heeled tech companies.

But thanks to a single piece of technology called an ion trapper, that’s all
about to change…

Made of a composite group of highly specialized materials including silicon,
quartz and sapphire, an ion trapper uses electrically charged atoms to store and
manipulate qubits. (A qubit, by the way, is the quantum version of the classic
binary bit.)

Elon’s New AI Device Could Be Bigger Than the iPhone. Here’s How to Play It

What’s important to know is that this approach promises to take quantum
computing out of the physics lab.

We’re talking about the first ever commercially viable quantum computer. It will
potentially be:

* Able to operate at room temperature,
* A fraction of the size of traditional quantum computers,
* Stable enough to operate in any environment,
* And as simple to use as any laptop.

THE DARK SIDE OF QUANTUM COMPUTING

The tech stocks that led the charge over the past 20-plus years are about to be
upended by small, innovative companies developing and leveraging quantum
computing.

While I expect quantum computing to boost select companies and create new
investment opportunities, there will be a destructive phase of AI as well. And,
unfortunately, dark days are coming for those who fail to prepare now. Virtually
ever stock will be impacted by the new AI development in the coming weeks and
months.

To help investors prepare and make sure AI doesn’t destroy folks’ life savings,
I am sitting down with InvestorPlace analysts Eric Fry and Luke Lango for an
emergency roundtable discussion about what’s about to happen.

Elon’s New AI Device Could Be Bigger Than the iPhone. Here’s How to Play It

Together, we’ll reveal the immediate steps you need to take if you want to save
yourself from the destruction that’s about to unfold, while also having the
chance to make 10 times your money or more as the AI revolution enters Phase 2.

We will reveal our AI briefing on Friday, July 26, at 7 a.m. Eastern time.

Sincerely,

Louis Navellier

Elon’s New AI Device Could Be Bigger Than the iPhone. Here’s How to Play It

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/2024/07/phase-2-of-the-ai-revolution-is-here-thanks-to-ai-breakthrough/.

investorplace.com Open in urlscan Pro 2606:4700::6810:be86 Public Scan

Form analysis 5 forms found in the DOM

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Name: pir_login — POST https://investorplace.com/ipa-login/

POST

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investorplace.com Open in urlscan Pro
2606:4700::6810:be86 Public Scan

Form analysis
5 forms found in the DOM