When it comes to AI and emerging technology, Paul Mampilly is saying Wow! It used to take a decade or more for change to have a dramatic and lasting impact on industries, but not anymore. Just think about the automobile. Henry Ford invented the car in 1903, but it wasn’t until 1913 that it actually went into mass production. Paul Mampilly says we no longer have the luxury of time because the future is moving at rapid speed, and investors should be looking at what our future may look like.Take the semiconductor industry; it’s on the upswing. In fact, over the last five years, the industry has been one of the top investment producers. The high demand for chips for vehicles and the increasing digitization of electronic devices such as cell phones ensures demand keeps growing.
When it comes to the Internet Of Things, semiconductors are the fundamental technology. Within the automotive industry, the development of electronic control systems are quickly advancing, and they use semiconductors.Paul Mampilly points out that 80 to 90 percent of all innovations are now related to electronics. Already hundreds of chips are installed in cars, and within the next few years the technology will be used literally from bumper to bumper. Mampilly also notes how semiconductors will be an important component for road safety. Navigation systems, speed control, and other information projected onto the windshield so the driver doesn’t have to look away from the road will all be enabled with semiconductors.
More electronics in the car will eventually lead to stronger power, says Mampilly, and the industry is already working to remedy this.Paul Mampilly analyzes and writes tirelessly about investing opportunities. He holds an undergraduate degree from Monclair State University, an MBA from Fordham Graduate School of Business, and has worked at several influential companies like Deutsche Bank, Agora Financial, and Stansberry Research.Mampilly uses his expertise in his popular newsletter, Profits Unlimited and Rapid Profit Trader, to bring readers the very best advice in investment opportunities. Follow Mampilly on Twitter and Facebook to learn more about emerging opportunities.