Founder Says This Is Worth 35 Amazons

Investing

By: Brett Neuling

Artificial intelligence

Amazon's Jeff Bezos surprised investors recently when he revealed that one emerging technology is the key to Amazon's future success.

In fact, Bezos argued that "it's hard to overstate the impact" of this game-changing technology.

The CEO of ARK Investments, Cathie Wood, took Bezos further: "We think [it] could approach US$17 trillion in market cap — which would be 35 Amazons."

What in the world could be worth 35 Amazons?

The answer is a radical technology which has many on Wall Street very excited…

  • A Shark Tank billionaire said it will create the world's first trillionaire
  • Baidu CEO Robin Li pivoted his entire company to take advantage of it
  • Even super-investor Warren Buffett says that it will have a "hugely beneficial social effect"

And when so many successful people are all saying the same thing, it usually pays to listen.

With everything I'm hearing coming out of Silicon Valley and Wall Street, I don't feel like I'm very far out on a limb with this "bold" prediction:

Five years from now, we think you might wish you'd bought in on this technology.

Particularly because there are three key companies right here on the ASX which we believe have the potential to make huge profits from it…

The good news is that you can find out all about these companies and this extraordinary technology today.

The Motley Fool Australia has laid out the full story on this incredible tech trend in an exclusive report – FREE for members.

And trust us… we think you're going to want to see this report before you invest $1 on any tech company right now.

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

And you'll find out just how these three companies are preparing for what could be an incredible opportunity.

But if you want to get in on the inside track on this tech trend, I encourage you to act quickly.

Because the story of the coming boom is already starting to leak out…

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John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Amazon. The Motley Fool Australia has recommended Amazon. The Motley Fool has a disclosure policy. 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.