AI/ML In 2022. What Are The Next Big Tech Firms?
Why investing in tech projects will set you apart for a lifetime!
Do you feel like you’re always late for the party when investing and trying to create a solid foundation for financial freedom?
Everyone wants to have the ability to foresee the breakthrough and put his money just at the beginning of the trend… but it’s hard to do so.
Do not take this article as a financial strategy but rather a shift in mindset to start looking for technological advancements in projects rather than pure hype.
Technology — The Foundation For Financial Freedom
Apple transformed three industries in a single lifetime. If you bought $1000 worth of Apple stocks 15 years ago, they would be worth $52,603.5+ today, or more than 50x.
Blockchain technology has impacted the finance, healthcare, government, and education industries in just 13 years. Buying only $100 worth of BTC in Jan 2012 would be worth $683,111+ today (Bitcoin is down by -33% btw).
On the other hand, if you wait for everyone to have an iPhone in their pocket, crypto in their wallet, and media talking left and right about those things — then you’re probably late.
CONCLUSION: Be visionary rather than buying the FOMO because everyone is doing so, and you’re staying “behind”. Strive to stay up with the newest technology developments and study projects that make use of it.
Opportunities in AI & ML
Technology saved the World economy in 2020 and 2021. Many small businesses shifted into e-com, and a big bulk of people began appreciating modern software more. Now, it’s time for you to do the same!
What are AI & ML?
Artificial intelligence (AI) and machine learning (ML) are part of computer science, and ML is a subset of AI. They are both used for creating intelligent systems that strive to automate and optimize processes and execute them with lightning speed.
How are they different?
Both AI and ML are crucial, but it’s important to distinguish them by one particular trade:
- AI strives to create an intelligent machine that can complete tasks like a human and has a wide range of scope (of which ML is a part).
- ML focuses on optimizing ONE specific task with the help of previous data and deep learning models to optimize accuracy.
Where are they used?
- Google’s AI-Powered Predictions
- Blockchain, Cryptocurrency Trading Bots
- Uber & Other Ridesharing Services
- AI Autopilot For Commercial Flights
- Facebook Face Detection & Ad optimization
- Smart Searches, Chatbots, Autocorrect & Much More
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How can you profit from them?
- Become an AI/ML developer
- Utilize them in your own business
- Invest in AI/ML projects
- Create content or other forms of value for existing projects.
Statistics & Predictions
Here’s a little list of how AI/ML has already made a huge impact in the past two years. We will also share some of our predictions for the future and why we think it can be a solid foundation for financial freedom.
- According to a 2020 report, AI increased revenue for 66% of businesses.
- In 2021, 74% of companies spent $50k+ for AI projects (55% increase)
- Sustainable AI systems have the potential to create 38.2 million jobs.
- 50 countries have national AI strategies in development (US, UK, China…)
- Read more
AI/ML in 2022 and beyond
- AI will play a key role in reducing cybercrime in the next decade.
- Artificial intelligence will be the cornerstone of healthcare.
- Intelligent systems will give an advantage to traders.
- ML models will provide more accuracy with less code required.
- Projects that focus on AI/ML development and utilization will skyrocket.
With the rapid development of DeFi and Blockchain, AI/ML companies can rely more on their Tokens than traditional stocks for investors.
Technology is amazing! It is the driving force of the World’s economy in the last century. People who are greedy and want to make a quick buck by just buying the FOMO rarely succeed and are most times late for the party.
If you want to build a solid foundation for financial freedom, you need to educate yourself on modern technology. Find a way to OFFER value, and we promise you that you shall be greatly rewarded!
PS This is an introductory article on the importance of AI/ML. The next part of the series will highlight several ongoing projects and tactics to use for finding your next big investment.
Good luck! 🚀