11,475% in 10 years is bonkers – what's next?
9th November 2023
Welcome to AI Collision,
In today’s collision between AI and our world:
11,485% from Nvidia is bonkers
ChatGPT is the new iBeer
Mario goes renaissance
If that’s enough to get your phone beers clinking, read on…
AI Collision 💥 Nvidia: snog, marry, avoid?
Nvidia is the darling stock of the AI world.
It’s year to date performance exceeds 212%. For a company worth now more than $1 trillion that’s not the kinds of returns you’re supposed to see from a mega cap stock.
But it’s not entirely surprising.
I first came across Nvidia as a kid. My friend, Adam, he was a keen video gamer – as was I.
We used to play PC games all the time. Growing up as gamers, there was always one red-hot debate.
Are you an “AMD guy” or an “Nvidia guy”.
I was an Nvidia guy through and through. Their GPUs (graphics cards) were better (in my view) and made gaming graphics smoother, and just well, as I say…better.
So when I found my way into financial publishing in early 2013 – when I first had the chance to recommend stocks to my readers – it wasn’t hard to see that the future of our digital world was going to rely heavily on Nvidia GPUs to make it so.
And I recommended Nvidia to my readers in December 2013.
Adjusted for stock splits, that meant a stock price of around $4 or so. Holding that stock to today, would equate to around an 11,475% gain.
Now, did I expect Nvidia to become a trillion dollar company, no not really. I was expecting big things, and it certainly delivered on that. I did foresee it as the epicentre of what I referred to as augmented reality in 2013. That meant the convergence of our digital and physical worlds.
I note that in that year (2013) Nvidia had,
“…trumped Google and created the world’s largest artificial neural network.”
And went on to say that,
“[In our future] computers and networks will need to be faster and will need to process more information than ever before.
It could be applications such as weather simulations. It could be the Google Maps in your sat-nav. Augmented reality through your wearable tech as you walk down the street. And it might even be a key part of machine learning and artificial intelligence…
Either way the reason this will all be possible is because of the ability of [Nvidia] GPU’s to handle it all.”
I’ve always loved what Nvidia does, but now as one of the largest companies in the world, I get readers asking me endlessly, is Nvidia a good stock to buy?
Well, I can’t give out stock recommendations here (that will come with the premium, paid content, later on). And I’m not saying you should, or shouldn’t, have Nvidia in your portfolio.
What I am saying is that in the coming months you’ll hear more from me about Nvidia, and a bunch of other AI-listed stocks - because what I’m seeing happen behind the scenes in this industry is mind-blowing.
That means coming up is a whole bunch of companies I can tell you about, that maybe you’ve never heard about. I’ll explain to you what they’re doing and tell you why they are the kinds of stock you need to be looking at further and adding to your watchlist.
Will one of them be that next Nvidia? I hope so, I expect at the least some of the giants of tomorrow will be on display today and I’m going to cross the planet to find them.
In fact, just yesterday I was green lit to attend the world’s biggest technology expo, CES, in Las Vegas. It’s at CES, where the future technologies of tomorrow are unveiled. It’s invite-only for industry people - which means it’s simply not open to the general public.
My flights are booked, accommodation sorted, registration and credentials approved. I’m in.
While I’m there Nvidia is on the list to see. They’re always one of the biggest exhibitors. I’ll be looking to uncover what AI tools and GPUs (and other game changing tech) is coming our way. Rumour has it they’re already planning to release all new “SUPER” GPUs at CES 2024.
I’ll be there first hand, live, to let you know about it…and about every other company that’s at the cutting edge of AI. And I’m expecting this year’s CES to be dominated by AI - from the biggest of big like Nvidia, to the smallest of small start-ups and visionaries.
I expect in the weeks leading up to CES in January the AI market and AI stocks are going to fire up in a way no one can quite comprehend. And investors are going to want to be in on the action as it all unfolds.
So stay tuned, lots coming your way, leading up to and while I’m at CES in just eight and a half weeks time - and if you’ve got any friends or family you think would like to hear more from what we’re doing here at AI Collision, share and get them to subscribe.
AI gone wild 🤪
What was the best thing about the very first iPhone ever released, all the way back in 2007?
Was it the fact that there was just this big rectangular screen with no keyboard?
No.
Was it the fact that you could use your smartphone to easily browse the internet?
No.
Was it the fact that this was the greatest thing Apple had released since the iPod in 2001?
No.
The greatest thing about the very first iPhone was an app that turned your phone into a glass of beer.
Yes.
iBeer was, and may ever still be to this day, the best thing ever released on any iPhone.
iBeer made it seem like your iPhone was full of beer and then when you tipped it on its side, you “drank” the beer.
Incredible stuff!
What really was going on was that the app creator was utilising the inbuilt gyroscope within the new iPhone. The gyroscope helped to know when the phone was tilted on its axis, and then apps were able to pull that data and relay that into some action within the app.
It was very cool.
And I won’t lie, as soon as I got my iPhone 3G, I downloaded iBeer and the first thing I did at the pub that weekend was to go to my mates, “Hey, check this out, I’m drinking a beer out of my iPhone!”
Yep, I was that guy…
iBeer is relevant because, the way I see it, I think we’re seeing iBeer for the modern world right now.
For me, ChatGPT is the new iBeer.
Let me explain a bit more…
At the OpenAI “Devday” this week, a whole bunch of new AI application plug-ins and upgrades were announced.
What does it mean to you?
Not much other than to know that ChatGPT is getting a lot smarter and it’s happening fast.
But what you should know is that it looks like OpenAI is following the playbook of the biggest and best – Apple.
You see, Apple released the iPhone to the world in 2007. The device itself was/is a game changer.
But it wasn’t the iPhone that made the iPhone so great.
It was the applications for it, like iBeer.
Without the apps, the iPhone was just, well, a very good small computer.
The iPhone needed its own operating system, though, to ensure that apps like iBeer were so successful.
Hence their approach was operating system, device, app store… global domination.
To me, OpenAI is on a similar but slightly different path.
What it announced this week is like the AI version of the app store. Expect to see an explosion of apps using ChatGPT in the coming months.
And ChatGPT and its core technology are like the operating system.
All that OpenAI lacks now… is the device.
But as I wrote to you about the other week, an AI device from OpenAI might not be that far away.
If OpenAI then has a device, an operating system and the app store to boot… what’s not to say that global domination comes thereafter?
Boomers & Busters 💰
AI and AI-related stocks moving and shaking up the markets this week. (All performance data below over the rolling week).
Boom 📈
Wearable Devices (NASDAQ:WLDS) up 86%
Brainchip Holdings (ASX:BRN) up 51%
BigBear.ai (NASDAQ:BBAI) up 31%
Bust 📉
Quantgate Systems (NASDAQ:QGSI) down 24%
iRobot (NASDAQ:IRBT) down 7%
Datametrix AI (TSXV:DM) down 9%
From the hive mind 🧠
A new study explains how using AI to hunt down AI can help solve the plagiarism problem.
Looks like President Xi from China is also worried about AI - but is he really?
A great rundown of what’s going on in AI across the industry from Rowan Cheung (definitely worth following too)
The film industry strikes and the ongoing talks around what they will do about AI might be the most important creative fight in the world right now.
Artificial Pollteligence 🗳️
Weirdest AI image of the day
Renaissance era paintings of classic video games - r/Weirddalle
ChatGPT’s random quote of the day
"Artificial Intelligence is just a tool, but it is a profoundly powerful one that can change the world, for better or worse." – Joanna Bryson, professor at the Hertie School in Berlin
Thanks for reading see you next Tuesday, and don’t forget to leave comments and questions below,
Sam Volkering
Editor-in-Chief
AI Collision
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