US and China Prepare For AI Race

By: Adam Surplice

The war for AI dominance has been launched.

In July 2017, the Chinese government declared their intent to "occupy the commanding heights of AI technology" by 2030 ‚Äď heights currently occupied by the United States.

Tech giants from each country are battling it out for supremacy in the cloud. The stakes are control of a market estimated at $19 trillion.

Now, as exciting as all this is, you might be wondering why this matters at all to you ‚Äď unless you work in AI, it won't really affect your life, right?
According to those in the know…well, you couldn't be more wrong.

Millionaire astrophysicist Stephen Hawking said AI could be "the biggest event in the history of our civilization." Eccentric billionaire and inventor Elon Musk called AI "the best or worst thing ever for humanity."

Heck, the richest man in the world, Jeff Bezos, went on the record to say that "It's hard to overstate how big of an impact" AI will have. And ARK Investment went on to estimate its potential value at 35 Amazons.

And when Bezos says it's hard to overstate it, he's not exaggerating. AI is estimated to become a $19 trillion industry that has the potential to revolutionize every sector, including:

  • Computer science
  • Transportation
  • Healthcare
  • Manufacturing
  • Security
  • Gaming

…and that's not even the half of it.

Now, a lot of people talk about this AI revolution with fear.

China vowed to surpass the West's role as AI leader by 2030?

AI is going to infiltrate nearly every job?

Every industry will rely on AI to function?

For some, those are frightening prospects.

But in the words of billionaire investor Warren Buffett, "be fearful when others are greedy, and greedy when others are fearful."

So when we look at all those people worried about the AI struggle, we start getting….a little bit greedy.

For savvy investors, this war between the tech giants of the US and China shouldn't be something to fear.

We think it's an opportunity at an unprecedented scale.

Here's why. Those tech giants, battling it out in the cloud? Well, they all need one very important piece of tech for their research…and they're all buying it from the same place.

That's right.¬†Our experts have identified one tiny device that has been the key to the AI war¬†‚Äď and one company is making bank off of both sides.
Oh, and that's not the most exciting part. The best part is that we've been recommending that company since 2014.

Sorry, that wasn't the best part either. The REAL best part: that company is up 210% since we first recommended it. And we're still recommending it, because we think it has LOADS of room left to grow.

I've laid out the full story on this incredible tech trend in a FREE report.

And you are going to want to see this report before you invest $1 on any tech company.

Because inside you'll discover why some mega-rich investors are rushing to try to cash-in on this tech trend.

And you'll find out how one legendary investor is preparing for this incredible opportunity.

But if you want to get in on this opportunity, I encourage you to act quickly.

A $19.9 Trillion Idea — Hidden in Plain Sight

The huge trend is already starting to take off.

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Adam Surplice doesn't own any shares of these companies. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product.