By Ray Blanco
This post How Thinking Small Could Lead to Huge Profits appeared first on Daily Reckoning.
Artificial intelligence, robotics and virtual reality technology will create an investment cycle that will surpass the dot-com boom.
You’ll have plenty of opportunities for profits as this trend works its way through the system…
You just have to think small…
Because it’s not really a secret that computers are getting smarter while getting smaller.
Just look at the incredible developments in smartphones — powerful little computers that we can use just about anywhere on the planet.
The evolution of augmented and virtual reality is just beginning… promising to improve the ways we live, how we work and how we entertain ourselves.
We’re also seeing incredible advancements in artificial intelligence and “deep learning.”
Before long, we will no longer need to program computers. They will adapt, expand and evolve by learning on their own through trial and error — opening up an even wider array of benefits for us.
It’s all made possible through innovations in computer chips, the “brains” that power every electronic device.
A chip is made out of a semiconductor, a material that slows but doesn’t completely stop a flow of electricity through it (Silicon is the most commonly used semiconductor material.) The chips hold transistors, tiny devices that direct the flow of electricity through the chip.
By directing the electricity to complete various circuits, the computer can compute various tasks. The more transistors a chip has, the more the computer can do.
So the key to improving computer power is increasing the number of transistors that can fit in the same amount of space. And manufacturers have been getting better at making them smaller for decades.
In fact, the process is so easy and predictable, one man noticed a developing trend in chip production back in 1965.
Gordon Moore, co-founder of Intel, noticed something interesting. He saw that the amount of transistors you could pack on a piece of silicon was going up over time while the cost per transistor was going down.
Thanks to improvements in semiconductor manufacturing technology, the amount of computing elements on a chip was doubling approximately every two years. Yet the cost to make these chips was falling.
As it turned out, Moore nailed one of the most important technological trends of the past half-century. Chips were able to do more things while fitting in smaller spaces — and at costs low enough to put the products in a consumers’ price range.
This trend has supported or enabled every major technological change we’ve enjoyed so far.
We’ve gone from bulky home computers to laptops to Personal Digital Assistants to tablets and smartphones…
Our health has improved thanks to ever-smaller yet more powerful silicon chips…
Even older industries like energy have been completely transformed. The price you pay at the gas pump would be far higher if geologists and oil companies couldn’t precisely sense and model what an underground formation looks like… which requires high-performance computing.
It’s all because of advances in the semiconductor industry. So we expect it to be the first industry to …read more
Source:: Daily Reckoning feed
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