When Will My AI Investments Payoff? "When I Buy A New Toaster"

Summary

In this engaging video script, a retired financial adviser named Carrie shares her insights on the transformative power of AI and its impact on future investments. She emphasizes the importance of listening to Tesla's earnings call for investors to understand the future of technology and the economy. Carrie discusses the current state of AI, primarily in the hands of big tech companies like Meta, Amazon, Google, Microsoft, and Tesla, and predicts that AI will become a significant economic driver once it's widely adopted by individuals. She envisions a future where everyday appliances are AI-enabled, making life more convenient and turning idle assets like cars into money-making machines. Carrie also highlights her focus on identifying investment opportunities in companies that are set to benefit from the AI revolution, such as semiconductor manufacturers, and encourages viewers to join her in recognizing and capitalizing on these changes.

Takeaways

• 📈 **Market Discussions**: The speaker participates in weekly Zoom calls to discuss market activities and insights.
• 🤖 **AI Impact**: There's a debate within the group about the impact of AI on the future, with the speaker strongly advocating for its inevitability and importance.
• 🚗 **Autonomous Vehicles**: The speaker highlights the potential of autonomous vehicles to become money-making machines once legal barriers are overcome.
• 💰 **Investment in AI**: Major tech companies like Meta, Amazon, Google, Microsoft, and Tesla are investing heavily in AI, indicating a strong future for the technology.
• 📉 **Market Opportunities**: The speaker identifies undervalued stocks in sectors like semiconductors that are expected to surge when demand for AI increases.
• 🏭 **Infrastructure Building**: Current investments are focused on building the necessary infrastructure for AI, which will enable broader adoption in the future.
• 🧠 **Computing Power**: The concept of leasing unused computing power, similar to how cloud services work, is presented as a future possibility for individuals.
• 🌐 **Networked Economy**: The speaker envisions a future where everyday appliances are networked and capable of making autonomous decisions, powered by AI.
• 📱 **Personalized Services**: AI will enable personalized experiences, such as Netflix suggesting shows based on viewing history and mood.
• 📈 **Stock Market Strategy**: The speaker is building an AI stock-picking program to analyze data and make investment decisions, focusing on companies facilitating AI and those waiting for increased demand.
• 🚀 **Future Demand**: The speaker predicts that demand for AI will skyrocket within two years, leading to significant changes in the market and technology sectors.

Q & A

What is the main topic of discussion during the weekly Zoom call?

The main topic of discussion during the weekly Zoom call is the review of the previous week's market activities, including stock trading insights and the impact of AI on the future of investment.

Why is listening to Tesla's earnings call considered important for investors?

Listening to Tesla's earnings call is considered important for investors because it provides insights into the future of technology and the automotive industry, particularly regarding advancements in AI and autonomous vehicles.

What is the current state of autonomous vehicles according to the speaker?

The current state of autonomous vehicles is that the technology exists, with Tesla having 1.8 million autonomous-capable cars on the road, but legal regulations in the states have not yet caught up to allow for hands-free driving.

How does the speaker envision AI changing the world in the future?

The speaker envisions AI changing the world by integrating into everyday appliances and vehicles, turning them into 'money-making machines' that can operate autonomously and even lease their computing power when not in use.

What is the significance of the investment in AI by big tech companies like Meta, Amazon, Google, Microsoft, and Tesla?

The investment in AI by big tech companies signifies the building of infrastructure for the delivery of AI technologies. It indicates the direction of future economic drivers and where the next wave of innovation and profitability will come from.

Why does the speaker suggest that individuals should consider getting involved with AI?

The speaker suggests that individuals should get involved with AI because it will become an integral part of everyday life, affecting how people work, travel, and even compute in their personal devices, thus presenting significant opportunities for investment and financial gain.

What is the speaker's perspective on the current state of AI in the economy?

The speaker believes that AI is not yet a real economic driver because it has not been widely adopted by the general public. It is currently in the hands of big tech companies, but the speaker anticipates a shift once individuals start integrating AI into their lives.

How does the speaker plan to identify investment opportunities in the AI sector?

The speaker plans to identify investment opportunities by analyzing market trends, recognizing companies that are facilitating change, and looking for currently depressed companies that are poised to meet future demand for AI technologies.

What is the speaker's timeframe for when AI will become a significant part of people's lives?

The speaker estimates that AI will become a significant part of people's lives within the next two years, as they predict a demand for smarter appliances and autonomous services in the near future.

Why does the speaker use the example of Netflix and Audible to illustrate a potential AI investment opportunity?

The speaker uses the example of Netflix and Audible to illustrate how companies that adapt to consumer needs and provide personalized services can disrupt traditional markets and create successful businesses, which is a model they believe AI-driven companies will follow.

What is the role of the speaker's 'tribe' in their investment strategy?

The speaker's 'tribe' plays a crucial role in their investment strategy by coming together to discuss, challenge, and analyze potential investment opportunities, providing a collaborative environment for identifying the next big stocks in the AI sector.

Outlines

00:00

🤔 Friday's Market Discussion and AI's Impact

The speaker discusses a weekly Zoom call with their group where they review market activities. The conversation becomes intense due to differing views on AI's influence. The speaker emphasizes the importance of listening to Tesla's earnings call for investors interested in the future, even going as far as to suggest a 'dumbass' tattoo for those who don't. The discussion touches on AI's current state, its control by big tech, and projections for when AI will become an economic driver and part of everyday life, such as turning cars into autonomous money-making machines.

05:01

💡 Leasing Unused Compute Power and AI in Daily Life

The speaker ponders why individuals can't lease their unused computer power to services like Amazon Web Services. They envision a future where people can profit from their unused resources, like cars and computers, and discusses how this could transform lives and reduce reliance on government welfare. The speaker also shares their expectations for AI in everyday appliances, predicting a two-year timeline for intelligent devices to become mainstream. They express their desire for personalized AI services, like a toaster that adapts to the food it's toasting and an AI-driven stock-picking program, and discuss investment opportunities in companies that are set to benefit from the AI revolution.

10:02

🚗 The Role of the 'Tribe' in Identifying Investment Opportunities

The speaker highlights the importance of their 'tribe' or group in challenging and discussing investment ideas. They mention their background as a retired financial adviser and their belief in the changing world, focusing on companies that are driving or will benefit from these changes. The speaker identifies certain stocks that are currently undervalued but have the potential to surge once demand for their products increases. They encourage joining their movement for those interested in being part of the evolving economic landscape.

Keywords

💡AI

Artificial Intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is a central theme, with discussions on how it will change the world and impact various aspects of life, including stock trading and personal devices. The speaker emphasizes the importance of understanding AI's role in the future economy and its potential to turn everyday items like cars and computers into money-making assets.

💡Tesla Earnings Call

A Tesla Earnings Call refers to a conference call with Tesla's executives where they discuss the company's financial performance. In the script, the speaker insists on the importance of listening to Tesla's earnings call for investors who want to understand future market trends, particularly related to AI and autonomous vehicles. It is used as an example of how to stay informed about technological advancements and business strategies that could shape the future.

💡Autonomous Automobile

An autonomous automobile, also known as a self-driving car, is a vehicle that is capable of driving itself without the need for a human driver. The script mentions that Tesla has already produced such vehicles, but current regulations have not yet fully embraced their use. The discussion around autonomous cars ties into the broader narrative of AI's impact on transportation and the potential for vehicles to generate income when not in personal use.

💡CapEx

Capital Expenditure (CapEx) refers to the funds that a company spends to acquire or improve its fixed assets, such as buildings, vehicles, equipment, or technology. In the context of the video, CapEx is highlighted as the amount of money tech giants like Meta, Amazon, Google, Microsoft, and Tesla are investing in AI research and development. This investment is seen as a precursor to the widespread adoption of AI technologies by the general public.

💡Stock Trading

Stock trading involves the buying and selling of shares in companies through various exchanges. The speaker mentions Mark, who explains more about stock trading or swing trading during their group's Zoom call. The concept is relevant as it ties into the group's discussions about market activities and the potential influence of AI on trading strategies and decision-making.

💡Swing Trading

Swing trading is a type of trading strategy where positions are held for several days to several weeks, aiming to capture profits from short-term price movements. It is mentioned alongside stock trading as a subject of discussion within the group, indicating an interest in how AI might affect intermediate-term trading strategies as opposed to day trading or long-term investing.

💡Semiconductor

A semiconductor is a material, most commonly silicon, used in the manufacture of electronic components, which are essential for modern electronics, including computers and vehicles. In the video, the speaker discusses the current depressed state of the semiconductor market and predicts a future surge in demand once AI-driven technologies become more prevalent in everyday life.

💡AI Stock Choosing Program

An AI stock choosing program is a software application that uses artificial intelligence to analyze market data and select stocks for investment. The speaker mentions building such a program to leverage AI's data processing capabilities to identify investment opportunities. This reflects the video's broader theme of harnessing AI for financial gain and staying ahead in the investment landscape.

💡Netflix

Netflix is a streaming service that offers a wide variety of TV shows, movies, and documentaries. The speaker uses Netflix as an example of a company that adapted to digital trends and consumer demands, which is relevant to the discussion on how AI can personalize services and create new business opportunities. The reference to Netflix also illustrates the potential for AI to transform entertainment and content delivery.

💡SoundHound

SoundHound is mentioned as a company that is expected to provide an AI-driven device for stock trading, which is built around semiconductors and AI technology. The speaker sees SoundHound as a potential investment opportunity, comparing it to how Netflix disrupted the video rental industry. This keyword represents the speaker's strategy for identifying companies that are poised to benefit from the AI revolution.

💡EV (Electric Vehicle)

Electric Vehicles (EVs) are cars that are powered by electricity rather than traditional gasoline or diesel engines. The script discusses the current state of the EV business and how it is currently depressed but has the potential to grow significantly once consumer demand for AI-enhanced, autonomous vehicles increases. This ties into the broader narrative of technological advancement and its impact on the automotive industry.

Highlights

The speaker emphasizes the importance of listening to Tesla's earnings call for investors interested in the future of technology and AI.

AI is projected to transform the world, with major tech companies like Meta, Amazon, Google, Microsoft, Apple, and Tesla leading the charge with significant investments in AI research and development.

The autonomous automobile is a current example of AI technology, but legal restrictions prevent its full utilization.

AI's economic impact is contingent on widespread adaptation by individuals, not just the tech giants.

The speaker predicts that AI will become a personal economic driver when individuals start using autonomous vehicles to generate income.

An example of future AI application is leasing unused compute power from personal devices to services like Amazon Web Services.

The concept of turning everyday items, like cars and computers, into money-making machines is a key aspect of how the world will change with AI.

The speaker is developing an AI stock choosing program to analyze data and make investment decisions.

Investment opportunities in semiconductors are highlighted as many household items are expected to become AI-enabled in the future.

The speaker discusses the potential for AI to personalize and automate everyday tasks, such as grocery ordering or entertainment selection.

AI's future is anticipated to include smart appliances that can make decisions and perform tasks independently based on learned preferences.

The speaker expects demand for AI and semiconductors to increase significantly within the next two years as consumer expectations for smart technology rise.

Investment strategies are being focused on companies that are facilitating or will benefit from the shift towards AI and smart technology.

The importance of being part of a 'tribe' or group for collaborative investment discussions and idea sharing is emphasized.

The speaker shares their vision of investing in companies that will meet the future demands of consumers for personalized AI services.

The analogy of Netflix's disruption in the entertainment industry is used to illustrate the potential impact of AI on various sectors.

The speaker is on a mission to identify and invest in the next big companies that will emerge from the AI revolution, similar to how Amazon and Audible did in their respective fields.

A call to action for listeners to join the speaker's movement and be part of the AI-driven future is made.

Transcripts

every Friday our tribe our group uh has

a zoom call and we discussed the last uh

week's Market activities and I go

through what I think is important and

Trent goes through his and Mark explains

more about stock trading or swing

trading and and this Friday it got a bit

heated basically because there is a

difference of opinion as to Ai and when

is AI going to take an effect and I made

the statement that if you have not uh by

the following Friday listened to the

Tesla earnings call I demand that you

put on your forehead a tattoo that says

dumbass because if you're an investor

and you want to be a part of what is

going to happen in the future and you

don't listen to Tesla's earnings call

you are a dumbass and so declare it to

the world and we'll get it out of the

way well some people got a little upset

about that thought I was a little bit a

but bit of a dumbass myself but the

reality is AI is going to change our

world in the way that Elon and his for

compatriots basically explained it is is

eye opening they're they're going to

turn my cars into money making machines

and so the question came and Trent

brought it okay yeah maybe what if but

when when is it going to happen well it

again if you listen to the the the

earnings call Elon and then it basically

explain it they tell you that the the um

the the autonomous automobile is there

they have 1 thou

1,800,000 of them out there the problem

is the states have not basically said

that you can go ahead and take your feet

off the pedals and your hands off the

steering wheel and you're fine but but

the states aren't there yet so again the

question became when when is as Trent

said and he's right that AI is is not an

a real economic driver until you and I

adapt it until you and I become a part

of it AI right now is is in the hands of

big Tech and here look at this this is

something I put together that the that

meta Amazon Google Microsoft poller or

apple uh Tesla and poller has basically

said this is what they're going to spend

this year in 2024 on capex Research

development on towards AI so you can see

there that um Med is making the biggest

contribution from a point from a

percentage point of view at $40 billion

totally it's

$26 billion they're collectively going

to spend but again that's money being

exchanged basically from these people

with with uh Jensen Wong and and and and

Micron and people like that they're BAS

basically at this point building the

infrastructure for uh the the delivery

of AI the real question is when does you

when do you and I get involved when do

we get rid of our gasoline cars or at

least one of them and put a vehicle in

our garage that can make money for us

okay that's an autonomous vehicle that

when I go to sleep or when I'm not using

it it opens the garage door and it goes

and it picks you up and takes you to the

grocery store or to work or whatever and

you pay and I get part of it and some

whoever the manufacture or the the the

Tesla or GM or whoever they get part of

it too and they turn my car into a

money-making machine in fact if you'll

listen to Elon he says even while it's

in the garage not running we're going to

use the computer in it and lease it to

Amazon web services so that we get paid

for use of the compute the compute what

the hell does that mean well I got to

thinking I used to use one of these this

is a number two pencil um and I used to

use it in grade school and I would put

numbers down and then I would add them

and then put another down and subtract

it that's compute that's compute and

then it changed and and I got a

calculator and I would put numbers in

and it would give give me the answer

that's compute and then I was always

amazed when I would go into this office

and this lady would be there eating a

sandwich and then in her with her right

hand she would be pressing numbers and

calculating and then a white paper would

come out the top and she'd say the

answer is that's

compute okay well now we have it so that

we have a phone it gives us it gives us

answers that's compute it's processes in

that phone or in that computer or or in

that laptop that's Compu the reality is

though we don't use it all the time I

use my computer roughly eight hours a

day so why can't I lease the non-used

compute power in my computer to Amazon

web services or to a you or or whoever

why can't I do that well I am not

attached to a network that would allow

that to happen that's in my future we

talk about how are we going to how are

we going to get people off of Government

welfare how are we we're going to turn

them into moneymaking machines by using

their car as a taxi service when they're

not using by using their computer while

they're not using it that's how the

world's going to change and if I

recognize that I then can learn who to

invest in to to make money now as Trent

said to me yeah but when that's when is

that going to happen what is going to do

demand that I uh get involved in AI when

my refrigerator will not play place an

order for yogurt when I'm down on yogurt

when my pantry will not make a a order

with Publix for noodles when I'm running

out of noodles when my toaster does not

recognize the difference between a bagel

a piece of bread or or so or a waffle

when I say damn it I want my toaster to

respond to what's in there and toast it

to my taste and I'm not happy with this

toaster that won't do that so I'm going

to go get a new one I don't want to have

to make the decisions of what at what at

what temperature do I cook something in

my oven I want my oven to make that

decision and then I want it I don't want

to have to turn it off I want the oven

to turn off when that stuff is done

that's AI in the future I want when I

want that I'm going to demand it and

Trent that is when AI is going to take

off how far off is that in the future I

would say two years I would say I will

be demanding a new toaster in two years

the other thing I'm going to be

demanding is an AI stock choosing

program that's what I'm building I'm

building an AI program that I'm bringing

all the data in to analyze it but I've

got to then put my mind to it and

analyze that data and come up with a

decision like right now I believe the

investment opportunity of the lifetime

is that there because I'm not yet

demanding a new toaster but when it does

when I do semiconductors are going to

explode because everything that is in my

house will be replaced I don't want to

sit down and have to decide what I'm

going to watch on Netflix I want Netflix

to say based on your history based on

your mood Carrie because we've been

Gathering that data all day and we know

that you're a little depressed and you

need something to build your your funny

bones up and and so this is what we're

going to show you today carry I want

that and I will demand it now right now

where I recognize the opportunities are

is the semiconductor demand is not there

so they're depressed so I have stocks

like

aehr who is down 45% and I know they're

going to come back because I've analyzed

them I have stocks like SoundHound that

I know is going to provide me with a

device that is going to have my data on

it it's going to have what I want it's

going to be my stock trading platform

that has AI in it that is built around

semiconductors and Ai and it has nothing

to do with with commodities and and

things I'm not interested I that's what

SoundHound is going to present to me I

recognize that SoundHound is is is

basically like Netflix Netflix

recognized that we did not want to go to

the store and rent and rent videos we

didn't want to receive them in the mail

we wanted them digitized so that we

could pay $19.99 a month and have them

at our at our will that's what the

digital resolution the AI Revolution is

going to provide

me with those things for my specific

needs for what I want for what my world

and that's what I'm going to invest in

I'm going to find the next the another

SoundHound what is SoundHound like

Amazon remember how it put borders out

of business because it gave me the books

that I wanted right now I also uh how

about uh um audible yeah they put the

books in my ears and I'm dyslexic so I

can't read that well so they they

adapted something to my need and created

a business out of that's what else I'm

looking for and that's what my tribe

brings to my attention and says Carrie

have you looked into this stock it's

it's going to

change but I can't do that by myself so

I have a tribe so I get together that's

how I started this video every Friday

and for two hours a group of us argue

with each

other and challenge each other and say

go to that ch she car and explain it now

go back in in what you've got hidden

them in there and how you analyze it and

and explain it explain it to us if you

go find my stock talk from Friday you'll

understand what I mean but be prepared

if you show up at our stock talk next

Friday and you don't haven't seen Tesla

or listen to Tesla's earnings work don't

read the transcript listen to it if you

show up and you haven't listened I

expect you to have a tattoo on your

forehead okay I'm Carrie grar I'm a

retired financial adviser I believe my

world is changing and I believe that I'm

putting together a company that

recognizes that change recognizes the

companies that are going to facilitate

that change and then also recognizes the

depressed companies that are waiting in

the wings because what they have to

deliver is is not in demand yet right

now if you were a part of the EV

business you're depressed your

semiconductor service is depressed but

once I demand that

toaster Katie Bar the Door AE HR is

going from 4 to 40 or I think it's no I

think it's 14 to 140 you can bet on that

all right I'll talk to you again

tomorrow and oh by the way if you want

to be a part of this

movement get on the bus

[Music]