?Get Exclusive Access to Luke's AI Summit. https://signup.investorplace.com/?cid=MKT720356&eid=MKT720890Welcome to another episode of our Hypergrowth Investing podcast, folks! This week, we’re taking a deeper look at a topic that’s had investors enraptured since November – artificial intelligence (AI).We’ve talked about the differences between narrow and general AI on the podcast before. But why is the distinction between the two so important when it comes to investment strategies?For one, a lot of people get AI plain wrong. Take Blake Lemoine, for example. Blake notoriously was fired from Google for publicly discussing his work on Google’s LaMDA engine and claiming the AI had become sentient. And while his argument does wade into several important discussions to be had around artificial intelligence, it confuses a narrow AI with a general AI: “I ran some experiments to see whether the AI was simply saying it felt anxious or whether it behaved in anxious ways in those situations. And it did reliably behave in anxious ways. If you made it nervous or insecure enough, it could violate the safety constraints that it had been specified for.”However, the difference between narrow AI and general AI is that a general artificial intelligence is truly creative while a narrow AI relies on language prompts and large language models to formulate its response.General AI systems can do theoretically everything; think Jarvis from Iron Man or HAL 9000 from 2001: A Space Odyssey. These sci-fi-inspired models are omniscient and omnipotent – and they’re also nonexistent. But narrow AI – (aka focused AI), systems designed to complete more singular tasks – is very real. And it’s the type of artificial intelligence that will see rapid mass adoption over the coming years.Now, with this explosion in AI hype, hundreds of startups will also emerge, all aiming to create the best-in-class technology and become the top dog in the industry. But as with all technological innovations that came before it, the AI industry will eventually experience a great consolidation. And the companies based on general AI – all hype and no substance – will fail.So, if you’re looking to profit from this emerging megatrend, we’ve got two words for you: narrow AI.?Timestamps?00:00:00 - Intro00:02:14 - AI Super Summit00:04:55 - AI: Why Now00:19:02 - The Worst AI Will Ever Be00:27:00 - AI: Transforming Global Productivity00:30:59 - Narrow AI vs. General AI00:39:07 - Spotting Winners in AI00:44:51 - How AI Will Change Investing00:50:50 - Why Stocks Will Rebound01:00:47 - Breaking Down Fisker's Earnings01:06:03 - Should You Sell Lucid Stock?01:09:24 - Why I Still Like Opendoor01:13:12 - Fan Questions01:27:23 - Closing Thoughts?Listen to the Podcast?➡️Spotify: https://open.spotify.com/show/3iC4uu3Qq49SSyrpwrp3KA➡️Apple: https://podcasts.apple.com/us/podcast/hypergrowth-investing/id1605192953➡️Google: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5jYXN0ZWQudXMvNzEvSHlwZXJncm93dGgtSW52ZXN0aW5nLTgwN2ViZTdmL2ZlZWQ?Visit Our Website: https://investorplace.com/hypergrowthinvesting/? Subscribe: https://www.youtube.com/c/HypergrowthInvesting?sub_confirmation=1#AI #AIstocks #narrowai