
Read Only if You Own AI Stocks
Posted November 22, 2023
Chris Campbell
It came to light during a recent discussion James had for Altucher's Investment Network members.
In short…
Igor Tulchinsky and Chris Mason dove into the incredible potential of predictive analytics fused with AI -- a field they believe will radically transform our lives.
Their insights, drawn from their book "The Age of Prediction," offer a glimpse into a future where data reigns supreme.
But not just data: the ability to use that data to make reliable predictions about the future.
That’s where the REAL winners will sit.
Investment Network members can listen to the whole conversation right here at this link.
Here, I’ll give you the 5,000 foot view.
Deciphering the Future Through Data
Tulchinsky, with his background in managing a $7 billion hedge fund, revealed the power of data in predicting stock market trends.
His approach is founded on analyzing vast data arrays to forecast market movements, acknowledging the dynamic nature of financial data.
Mason, on the other hand, focused on genetic data to predict medical outcomes.
His work revolves around understanding how our genetic makeup can forecast diseases and traits, leading to potential breakthroughs in medicine.
Both sit at the intersection of two of the most powerful trends in technology.
And it reveals the truth about where the technological landscape is headed:
Data isn’t inherently valuable. It’s only when we use that data effectively that it becomes valuable.
Data’s Exponential Growth
A key theme from their discussion is the exponential increase in data generation.
Mason notes that genomic data is now surpassing astronomical data in volume, leading to new opportunities and challenges in data processing and interpretation.
This surge in data availability is revolutionizing fields from biomedicine to finance, enabling more accurate predictions and novel solutions to complex problems.
But there are limitations.
For example, both acknowledge the limitations of current predictive models.
In finance, the effectiveness of algorithms can diminish as more players adopt them, leading to a constantly evolving landscape.
In genomics, while single-gene diseases can be predicted with crazy high accuracy, complex traits involving multiple genes pose significant challenges.
Eight Billion Oracles
Looking ahead, Tulchinsky and Mason envision a world where predictive technologies permeate every aspect of life.
From healthcare tailored to individual genetic profiles to stock market strategies fine-tuned by real-time data, the potential applications are vast.
They also foresee advancements in AI and computing power playing pivotal roles in handling the ever-growing data deluge.
The conversation culminates in a call for a new generation of data analysts.
As predictive technologies become more integrated into various industries, the ability to interpret and leverage data will be invaluable.
This emerging field promises not just technological advancement but also a surge in creativity and innovation.
In the future, data and algorithms drive decision-making and innovation.
In Ancient Greece, oracles had incredible power and influence in society.
The 21st century will see a new kind of oracle.
And it’ll change everything.
In fact, the AI forecast industry is predicted to be worth $150 TRILLION in the future.
If you’re keen on getting ahead of the curve on this massive trend…
Check out our VP Doug Hill’s recent interview with James.
In it, James details how to get in early on perhaps the biggest trend in AI that NOBODY’S talking about.
At least, not quite like this.