Artificial Intelligence is everywhere! After he shops for a product on Amazon, Paul Mampilly see ads for the product on the next website he visits. Artificial Intelligence also contributes to the music suggestions that were chosen based on his listening history on Spotify. Even when he was making travel plans, Artificial Intelligence showed him some recommended activities for the area he was planning to visit that it believed he would enjoy based on his previous activities.
Artificial Intelligence is still a little controversial, but a majority of the applications that are using it are perfectly innocuous and make everything simple.
Companies that are taking advantage of Artificial Intelligence are ahead of companies that do not. Artificial Intelligence appears to be what consumers want to see because it makes our lives easier.
Paul Mampilly produced a video that explains how Artificial Intelligence-generated data gives everyone a path to follow that leads them toward applications for the real world. It also explains why Artificial Intelligence stocks are going to be the next to start rising high in the years to come.
The video is entitled “Artificial Intelligence Stock Investments Beat the S&P 500”
As the video starts, Paul Mampilly tells his viewers about a headline that he saw. The headline was “Facial Recognition Technology Spots Suspect in Crowd of 60,000.” This was highly impressive. In China, a suspect in a crime was identified in a crowd of 60,000 people because of Artificial Intelligence. It wouldn’t be easy for an entire team of investigators to do what the Artificial Intelligence did. Advanced technology wouldn’t even be able to accomplish this goal.
Facial recognition technology made it possible for the suspect to be found. It requires the use of pattern recognition along with other data. Paul Mampilly acknowledges the fact that this particular example might be horrifying to some people, but he goes on to say that if this technology had been in existence in 2001, the September 11 terrorist attacks may not have occurred. The Artificial Intelligence would have helped authorities identify the terrorists. So, it is easy to see how Artificial Intelligence can be used for very good causes.
A majority of the time, Artificial Intelligence is used for harmless endeavors like the ones mentioned above. It takes your search histories and finds websites that are offering you the products that you have searched for in the past. This is a tremendous help because it reduces the amount of time that you have to search for the products that you need.
Paul Mampilly states that Artificial Intelligence is changing everything very quickly, and businesses need to be on top of it if they do not want to be left behind. He has already observed that Artificial Intelligence is skyrocketing to the top. The consulting company Gardner stated that Artificial Intelligence is adding approximately $1.2 trillion of value this year, and they believe that Artificial Intelligence will add $3.9 trillion by 2022. Highly esteemed consulting and research company McKinsey also stated that Artificial Intelligence would generate $3.5 to $5.8 trillion across 19 industries.
At last year’s Total Wealth Symposium, Paul Mampilly recommended three Artificial Intelligence stocks. These three stocks prove that Artificial Intelligence has a fantastic future ahead of it. The best-performing stock that he recommended is currently up 145 percent! It only took 11 months for it to climb that high. The second stock Paul Mampilly recommended is up 86 percent, and the third is up 29 percent. During that 11 months, the S&P 500 rose by 16 percent. This says that Paul Mampilly’s third recommendation outperformed the S&P 500 by a tremendous amount.
— The Agora Companies (@AgoraCompanies) September 26, 2018
The reason that Artificial Intelligence stocks increased so much is because a vast array of industries can take advantage of it, and it is creating a massive amount of value for people. That’s because it is taking data that is currently in hundreds of heads and within thousands of platforms and bringing it all together so that it can easily be used by people.
Paul Mampilly believes that Artificial Intelligence will continue on its upward trajectory through 2020, but he will have something new to introduce to attendees of his Wealth Symposium as well.
Why Should You Trust Paul Mampilly?
You should trust Paul Mampilly because he really knows what he is talking about, and he has proof. When Kinetics Asset Management heard about Paul Mampilly, the company invited him to manage its hedge fund. The firm was a $6 billion enterprise before Paul Mampilly joined, but after, it became a $25 billion firm. In addition to that, Barron’s listed its hedge fund as one of the World’s Best because Paul Mampilly managed to realize 26 percent annual returns. Did we mention that he did this during the financial crisis of 2008 and 2009?
Kinetics Asset Management is not the only financial enterprise that took advantage of Paul Mampilly’s expertise. He has also been asked to share his opinions on Reuters, Bloomberg TV, Kiplinger, Fox Business News, CNBC, Hedge Fund Intelligence and Fox News. Currently, he writes the newsletter Profits Unlimited. He graduated from Fordham University in 1996 with a Master of Business Administration.
Paul Mampilly believes that investors need to look into Artificial Intelligence stocks even though they are not known by the general public. Several of these stocks are small in size, but that doesn’t mean that they do not have great potential.
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Paul Mampilly’s Recommendations
Xilinx is a stock that many people have heard of, but not many people are talking about it. That is expected to change in the near future. This company creates various technologies that make it possible to connect things that are very different from each other. It is the company that created high-performance Field Programmable Gate Arrays or FPGAs. These FPGAs are fully programmable by a coder. In contrast, ASIC chips can only be programmed when they are being manufactured. Although it seems that the benefit this company is offering is not really that big of a deal, the FPGA technology has already proven to be necessary in edge computing and other machine-learning environments.
The “Google of China” is an Artificial Intelligence stock and another one that Paul Mampilly suggests for his followers’ portfolios. Baidu may even be the best stock you could own right now. Artificial Intelligence only forms a small percentage of the company’s business at the moment. The revenue generated by the most popular search engine in China comes through its advertising efforts. Google is currently looking for other ways to earn revenue, and Baidu is following its lead. Baidu is clearly planning for the future because it is aware that online advertising will not be able to keep its revenue flowing forever. The CEO has already stated that Baidu is a company that puts Artificial Intelligence first.
One step in this direction is Baidu’s open-source autonomous driving platform. It has been given the name “Apollo,” and it can be used by any developer who wishes to make adjustments that fit his or her own specifications. The company has also created something like Amazon’s Echo. Known as the “Little Fish,” it is considered to be the digital foundation for any number of IoT devices.
Nvidia is more familiar to people than other Artificial Intelligence companies. It is a specialized semiconductor company that people have been noticing in recent years. In 2016, this company began to release several Artificial Intelligence products, and their popularity is growing. That’s when Nvidia decided to step up its production efforts, and it created the graphics processing unit or GPU. This technology has been added to the cloud, gaming, self-driving cars and Big Data. Since Nvidia has been in the game for a while, it is ready for people to begin purchasing its stock. This makes it a target for Wall Street investors, and Nvidia’s competition is going to start coming for it.