Which AI Bot Gems to Buy? AI Bots: The Most Promissing Subsector Within The AI Narrative!
Introduction.
Before getting to the AI Bot Narrative, let's take a look at why the AI sector will remain at the forefront of the US-China fight for world leadership.
AI at the Forefront of the US-China Trade War.
Artificial Intelligence (AI) plays a crucial role in current global developments, particularly between the US and China. Both countries are at the forefront of AI innovation, with distinct approaches and implications. Beijing is a leader in AI regulation, releasing strategies to govern algorithms and chatbots. China's governance model emphasizes efficiency, control, and surveillance, reflecting an authoritarian approach. In contrast, the US emphasizes private-sector innovation but faces challenges like fragmented efforts.
The US and China are engaged in an AI arms race with significant implications for global geopolitics. China aims to become the world leader in AI by 2030, leveraging its vast data access and government control. The challenge for the United States is to use AI in a more democratic framework, ensuring democracy. Both the US and China view AI supremacy as a strategic objective. The competition over AI is not just about technological superiority but also ideological values and political influence. This dynamic creates a new form of power struggle with far-reaching implications for economic prosperity and data privacy.
Unleashing Capitalism and Private Sector Innovation.
Whereas China uses a top-down model, the United States allows its deeply liquid capital markets to fund the private sector to innovate. And we know that the private sector always outperforms governments. What we can expect is a tidal wave of money flowing into the AI sector. This is already reflected in the valuation of NVIDIA.
NVIDIA's market cap has surged to $1.2 trillion in 2023, driven by its dominant position in AI chips and impressive growth rates. Analysts suggest that the company could potentially reach a market cap of $2 trillion by 2025. Investors are optimistic about NVIDIA's future growth potential, especially in AI-driven sectors like data centers. The company's financial performance has been strong, with revenue doubling year-over-year and significant earnings growth.
Sam Altman, the CEO of OpenAI, has been involved in ambitious projects and fundraising efforts, including seeking extensive funding for a new chip company that could rival AI chip maker Nvidia. This project, codenamed Tigris, aims to compete with Nvidia, which controls about 80% of the global AI chip market. Despite Altman's fundraising efforts and plans for this new venture, investor talks are still in the early stages, and the project is not yet fully formed.
The Intersection between Artificial Intelligence (AI) and Blockchain Technology holds immense Potential to Revolutionize various Industries by Enhancing Security, Transparency, and Efficiency.
By combining AI and blockchain, more secure and efficient cybersecurity systems can be created to detect and respond to threats while ensuring data security and integrity. Blockchain technology can establish transparent and secure supply chains, while AI can analyze data to optimize operations, reduce costs, and enhance efficiency in product delivery. AI and blockchain are enhancing payment systems by detecting fraudulent activities and enabling decentralized marketplaces where buyers and sellers can transact directly without intermediaries.
Dissecting the Crypto-AI Sector.
When visiting the AI Sector on CoinGecko, you find a list of companies that use blockchain and AI technologies. Most of the large caps are focussing on the GPU shortage, but among the small caps, you can find undiscovered AI gems. To include AI in your investment portfolio, you should diversify between the AI large caps and some very early start-ups that do not yet have big exchange listings.
Depending on your risk profile, you can find interesting opportunities among the large caps like Bittensor, Render, Fetch.ai, SingularityNET, Akash Network, CorgiAI, Ocean Protocol, Golem, Nosana, and Arkham, who are the top 10 coins by market capitalization.
If you're willing to be among the first investors you'll need to search lower down the list and find AI Gems that hold massive potential but haven't yet attracted capital for their full development. During my search if found a niche sector within the AI narrative: AI-Bots. These Bots offer solutions for server management on Discord and Telegram.
But they'll do so much more!
By the end of 2024, Crypto AI Bots will exceed the performance of the AI Index.
Crypto AI bots in the cryptocurrency trading space serve various functions to assist traders in optimizing their trading activities. These bots are automated software tools designed to handle buying and selling of cryptocurrencies based on predetermined parameters. They offer advantages such as efficient trading by automating the process, enabling traders to track digital assets and multiple markets simultaneously, and providing round-the-clock trading capabilities in the volatile crypto market. Additionally, these bots can enhance trading accuracy, improve market timing, and eliminate human emotions from the trading process, leading to potentially better outcomes.
Examples are PAALai (PAAL), and VaultTech (VAULT), ... and new ones will emerge. If VaultTech lives up to its promises and can match PAALai, it can offer huge returns to early investors. The hype around AI will continue well into the 2030s, and I expect AI and blockchain to become trusty partners.
You can see a decent review on Vault Tech (VAULT) by the host of VoskCoin, a channel with 624,000 members.
In this video:
00:00 Crypto is flaring up with new projects 00:42 An impending crypto bull run? 01:23 What is the Vault Tech project 02:34 The VAULT token 03:48 Buying the VAULT token 05:18 Staking the VAULT token 07:03 Vault Tech payment service 07:33 Vault Tech AI bot 09:09 Vault Tech services 09:24 Vault Tech project roadmap