2020 BRN Discussion, page-46

"One of the more interesting sessions I attended yesterday was all about the global economic impact of artificial intelligence.

Speaking about the theme, Ritika Gunnar, Vice President of Data and AI Expert Labs and Learning from IBM, said over the next decade it’s expected the economic impact of AI will be more than US$16 trillion.

Just take a moment to think about the significance of that…

An additional US$16 trillion of economic impact from just AI alone. That is truly transformational change. And it’s one of the biggest signals you can have of the opportunity that AI throws up for investors.

There’s not a single industry on Earth that’s not going to be touched by AI in some shape or form. The challenging part is trying to identify the investments that will tap into that US$16 trillion and deliver profits.

This might come in the form of companies building the hardware like neural networks to power the next decade’s AI. It might come in the form of software and analytics to process and make all the AI data useful."

From the link posted by JK200XS on the "Pre-Open" thread. https://www.moneymorning.com.au/20200108/the-real-ai-opportunity-for-investors-in-2020.html

Small wonder there might be some FOMO given the estimated size of the future market BRN is dabbling in. If AKIDA is as groundbreaking and disruptive as some well qualified independent tech analysts suggest it may be ... well, perhaps read the following re BRN's potential:

Microsoft (NASDAQ: MSFT) founder Bill Gates was speaking to a group of college students in 2004.

According to The New York Times, Gates was a bit concerned about the decline in the number of computer science majors, as well as the notion that the field had matured and there weren't many breakthroughs left to achieve in the area.

One student expressed doubt that there would ever be another tech company as successful as Microsoft. Gates' reply is eye-opening:

''If you invent a breakthrough in artificial intelligence, so machines can learn, that is worth 10 Microsofts.''