Some technologies possess such incalculable and unpredictable power that their impact can extend far beyond the wildest guesses of their inventors. AI is one of those technologies.

“But you, Daniel, shut up the words and seal the book, until the time of the end. Many shall run to and fro, and knowledge shall increase.” Daniel 12:4

This prophecy given by the Angel Gabriel to Daniel 600 years before Jesus Christ is astounding. Young people today are travelling like no generation before it and knowledge is increasing exponentially like no generation before it, We are living in the prophesied end times prior to Jesus Christ’s return. Lawlessness is increasing, persecution of Christians is increasing, apostasy/falling away – many church denominations are compromising with the world, the number and intensity of natural disasters are increasing, all of these are prophesied end times signs.

Last Monday, executives at International Business Machines Corp. (IBM) said they expect to freeze hiring for jobs that they believe AI can do. In an interview with Bloomberg, IBM CEO Arvind Krishna estimates that up to 7,800 jobs could be affected by the freeze. Then on Monday evening, during his company’s earnings call, Chegg, Inc. (CHGG) CEO Dan Rosensweig said: In the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth and we were meeting expectations on new sign-ups. However, since March we saw a significant spike in student interest in ChatGPT. We now believe it’s having an impact on our new customer growth rate. The online education company’s shares tumbled a massive 48% on Tuesday. With AI, we’ll see more wild news like that out next week… and the week after that… and every week after that.

Just five days after the release of ChatGPT, more than 1 million people tried it out. Shortly after that, ChatGPT reached 100 million active users, making it the fastest-growing computer application in history.

Companies that are beginning to use so-called generative AI like ChatGPT and DALL-E (a tool for AI-generated art) are seeing huge success.

In the most recent round of Big Tech earnings, the CEOs from Microsoft Corporation (MSFT) and Alphabet, Inc. (GOOG) talked at length about the potential for AI, from building their own models to rapidly integrating AI into their products.

Bank of America, Corp. (BAC) noted in a recent report on AI trends that “Big Tech is now engaged in an AI arms race developing their own ChatGPT-like chatbots and incorporating AI into their search engines.” They go on to say they estimate that AI could contribute up to $15.7 trillion to the global market by 2030.

So the uses and implications of AI are beyond enormous. At its core, AI is a technology that has the ability to analyze trillions of data points, in real-time, to make stunningly accurate predictions about the likelihood of future events.

The AI assault on jobs and businesses is starting. Even lawyers are feeling the pinch. AI is better at drawing up contracts than lawyers.

What about the use of AI for investment advice: harness the power of AI in your Portfolio says Louis Navellier of Investor Place: “My AI-powered stock selection system can predict a stock’s success OR failure – weeks and even months ahead of time. It is designed to identify the optimal entry and exit points for fast-moving stocks.“

Look what Investor Place is saying about AI and major corporations such as Microsoft, Amazon, and Alphabet.

 The AI world consists of two broad categories: AI creators and AI appliers.

Within the former category, many of the leaders are either private companies or small divisions within large public companies. So the universe of investible AI creators is relatively small.

On the other hand, AI appliers are everywhere… and growing by the day – companies as diverse as beauty-products purveyors, manganese miners, industrial-solutions providers, and renewable-energy managers. Each of these companies is applying specific AI technologies to its processes. But that doesn’t mean these companies are “AI plays.” Although they are all utilizing some type of AI – and will continue to do so – AI is not yet a significant contributor to their overall profit growth trajectory.

Big Tech names like Microsoft Corp. (MSFT), Amazon.com Inc. (AMZN), and Alphabet Inc. (GOOGL) are best positioned to capitalize on the early phases of the coming AI boom. For one thing, these companies have been quietly investing billions of dollars in AI during the last several years. AI is building an entirely new foundation for explosive growth – a growth of such incalculable proportions that it could add trillions of dollars to the trillion-dollar market values Microsoft, Amazon, and Alphabet already possess.

Two years ago Microsoft spent nearly $20 billion to buy Nuance Communications, “a pioneer and a leading provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers.” Incredibly, 90% of the world’s hospitals use Nuance’s solutions.

Earlier this year, Microsoft poured $10 billion into OpenAI, the creator of the ChatGPT bot that has become an “overnight” sensation. Microsoft previously invested $1 billion in the AI company in 2019.

Alphabet Inc is also investing billions into AI technologies of various sorts. Obviously, the company invests heavily in the AI that powers its Google search engine. But Alphabet has also become a major investor/player in healthcare AI. Its GoogleHealth division is investing in cutting-edge AI applications like genome analytics, deep learning from individual health records, and accelerated diagnoses of certain ailments.

Amazon’s AWS web services division may be its single greatest AI asset. AWS offers the industry’s most comprehensive set of artificial intelligence (AI) and machine-learning services, infrastructure, and implementation resources. More than 100,000 customers use AWS for their AI/ML workloads. And since AWS is the world’s largest cloud service provider, it is not hard to imagine that the nascent AI boom will produce an echo boom of profit growth at AWS. Already, Amazon’s “Intelligent Cloud” division is the company’s largest source of revenue and profit.