“Speculation”…
Right now, that’s the important word behind the artificial intelligence (“AI”) revolution.
Investors speculate. So do business owners. And the same goes for pundits.
Just about everyone has an idea about how AI could bring major changes to our lives. But many of us might not have seen any changes at all.
We’ve seen a lot of speculation.
Well folks, that’s changing – and fast.
That’s because investors and business owners are making real-world decisions because of AI. And we’re starting to see what that looks like.
In fact, the existence of AI just forced a major change of plans for one business owner. It put the brakes on an entire $800 million project.
Folks, that’s more than just speculation. That’s real people making big decisions about their money… all because of AI.
Today, let’s take a closer look at what happened. We’ll also think about what it means for us as investors going forward.
You might have heard of Tyler Perry before. He’s a billionaire actor, writer, and producer. And he’s one of the world’s highest-paid entertainers.
Recently, Perry was in the middle of a major business move. He was expanding his studio complex in Atlanta.
The plan was to add 12 sound stages to his studio. And the estimated cost for the project was roughly $800 million.
Folks, this is real money we’re talking about here. It’s a major business decision that affects both future spending and jobs.
But then, Perry had to face the AI reality… the one we’ve all been speculating on.
What Perry saw was “Sora.” It’s the new video processing tool from OpenAI – the same company that created the ChatGPT tool we’ve all heard so much about by now.
Sora makes shockingly realistic videos from written prompts. And the results are staggering. Here’s a still from a video created by Sora based on a prompt:
If you didn’t know it was AI-generated, you would probably think it was the real thing.
For Perry, this is more than a tech demo. It could have a huge effect on his movie-production business.
So, he made a real-money decision as a business owner. He placed that $800 million studio expansion on hold… indefinitely.
Now as investors, this may not seem directly related to us quite yet. But it’s important because Perry’s actions are more than just speculation.
This piece of tech he saw made him change his business plans. And we’re talking about hundreds of millions of dollars involved in these plans.
Other industries are still on the edge of speculation versus action. We know that AI will be disruptive, but we don’t yet know exactly how for many industries.
That’s why it can be important to keep an eye on folks like Perry. People and companies that make real-money decisions are the true economic indicators.
Put simply, the economy is changing. And we’re starting to see those changes move past speculation and into the real world.
I recommend you pay attention.
Good investing,
Marc Chaikin
P.S. There’s more to the changing economy this year beyond AI…
In fact, we’re facing a major market cycle that has a surprising connection to this year’s election. It’s not about who wins or loses. It’s about the very fabric of how our market functions in an election year.
And right now, we’re tracking this with 90% accuracy in the Power Gauge.
That’s why I’m going on camera for a special broadcast this Thursday, February 29, at 8 p.m. Eastern time to explain all the details. I’ll also share the one urgent move you need to make with your money to prepare for this major market event.
My broadcast on Thursday is completely free to attend – learn more and register for it by clicking here.
