AI’s Powerful and Profitable Future
Andy Snyder|January 25, 2023
Everybody is worried about the artificial intelligence gold rush.
They say AI is going to ruin the world.
As usual, we’re taking a different approach.
Get this… Writing-assistance software Grammarly now offers a plug-in for your email that will help ensure that you don’t accidentally send a gruff message.
For just $12 a month, it’ll scan your messages as you write them and offer “softer” suggestions.
We imagine a line like “You’re an idiot” will now turn into something like “I’m not sure I agree with your line of thinking.”
“Why would you do something so dumb” will morph into “Well, that’s a heck of a learning experience, silly Billy.”
It all sounds a bit underwhelming at first blush. But we’ve got a host of former colleagues who would be in the C-suite by now if they had a tool like this lording over their emails… or, even better, their mouths.
Lots of folks are pondering what AI will do to the writing world. Will it put folks like us out of business? Will our dear readers soon prefer the half-witted humor and off-center views of some silicon-based microprocessor?
With the market already flooded by AI-driven pieces, the art world is now paying a premium for work that carries the mark of a human being.
Are we worried? Have we joined the masses in thinking this tech will doom humanity?
The rise of the automobile put plenty of farriers on their butts. We bet they put up a fight. But the world’s economy survived.
In fact… it’s a whole lot better. Those farriers found other work.
If artificial intelligence can make our essays better and keep us from saying offensive things (right now, we have to pay somebody – with a master’s degree! – a full-time salary to do the job!), good on it.
Money, after all, goes where it’s treated best.
If AI can make better writers, it can make better cancer drugs. It can make better ways of reducing crime. It can make safer cars. It can make better materials… more efficient products… and, dare we say it, better economic forecasts.
The folks who say this technology will force half the nation onto some government-funded minimum-income program could use a bit more natural intelligence. They’re forgetting the core human element that drives everything… greed.
If half the population gives up their thirst for more and sits on the couch crying about being defeated by robots… we’re in big trouble. It would be a sign that those COVID vaccines did indeed change our DNA.
We’ve been known to be a bit crotchety and nuanced in our opinions on tech (social media is still the devil’s melting pot as far as we’re concerned). But we’re convinced we’re at the dawn of something big… something even more revolutionary and economically influential than the internet.
We’ve spoken to executives and managers at several companies in recent months. They’re all scratching their heads, wondering how to take advantage of AI.
Already, stocks like Nvidia (NVDA) – up more than 30% so far this year! – are catching a bid as investors rush in.
If AI can make our old colleagues employable again… it’s a powerful enough elixir to do some serious good in the world’s economy – or at least put some investing jingle into our pocket.
It’ll cause a shuffle. All big tech does.
But the net result will be incredibly powerful… even if it means we need to put our mighty pen in its drawer for good.
Andy Snyder is the founder of Manward Press, the nation’s premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. Andy and his ideas have been featured on Fox News, on countless radio stations, and in numerous print and online outlets. He’s been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms. Today, Andy’s dissident thoughts on life, liberty and investing can be found in his popular daily newsletter, Manward Financial Digest.