#10 - Can Siri Mow Our Lawn Yet?

Happy Fathers Day weekend to all those dads and grandpa’s out there! More AI news this week along with some new power plant developments out west.

Weekly Market Update

• $AAPL Soars to Record Highs Announcing Apple Intelligence Software 

  • Apple is focused on the devices it sells and the personal data that AI could use

  • At the Worldwide Developers Conference Apple noted that they are focused on making the small models work on tasks they can excel at rather than provide iPhone users an open ended chatbot.

  • Elon Musk a co-founder of Open-AI is now threatening to ban Apple devices from his company on Monday due to his view that Apple and Open-AI pose a privacy risk that won’t benefit of humanity.

• Bill Gates Backed TerraPower Begins Construction in Wyoming

  • TerraPower's Natrium technology aims to provide one of the fastest and lowest-cost paths to advanced, zero-carbon energy.

  • Currently under construction near a retiring coal plant in Kemmerer, Wyoming, the Natrium plant is currently one of the only of its kinds being built in the Western Hemisphere.

  • Bill Gates (the largest private farmland owner in the country) is not only trying to dig deep roots into our software, food production, and now our energy as well.

• Fathers Day is This Sunday

  • According to the National Retail Federation (NRF) and Prosper Insights & Analytics, spending in the US on Father's Day is expected to reach $22.4 billion in 2024.

  • The US Census Bureau released a fun fact sheet about recent fatherhood related data.

  • “You can tell what was the best year of your father’s life, because they seem to freeze that clothing style and ride it out.” - Jerry Seinfeld

The Freedom Fund Update

• 6/14 - Friday Freedom Fund Purchase:

  • 2 shares of $SCHB - Schwab US Broad Market ETF

  • .3741 shares of $WM - Waste Management

Freedom Fund Background: I created the Freedom Fund as a public brokerage account back in October of 2022 to share that anyone with a social security # and a bank account can begin their investing journey by investing a couple hundred dollars a week. Every week and month I post on X (@GrahamInvesting) public updates about the purchases, exits, dividends, and growth of the fund if you want to follow in real time. The biggest obstacle people have to investing is just getting started so I decided to start a new account at $0 to start from nothing with you.

What is really possible with A.I.?

With the recent news this week of Apple & OpenAI and Microsoft having previous partnerships the world is beginning to wonder how will artificial intelligence begin to be incorporated into my life with devices & operating systems. that the majority of the working class population uses. Until there is a rise in robotics technology we really won’t see many physical world applications. However below is a breakdown of real world applications of AI today:

• Healthcare: AI is revolutionizing disease diagnosis and prediction, creating personalized treatment plans, and enabling robotic surgeries.

• Finance: AI helps in fraud detection and prevention, facilitates algorithmic trading, and enhances customer service through chatbots.

• Retail: AI optimizes inventory management, forecasts demand, personalizes shopping experiences, and automates customer service.

• Transportation: AI powers autonomous vehicles, predicts maintenance needs, and manages traffic systems.

• Manufacturing: AI improves quality control and defect detection, enables predictive maintenance of machinery, and optimizes processes.

• Customer Service: AI provides virtual assistants and chatbots, conducts sentiment analysis, and offers personalized recommendations.

• Education: AI develops personalized learning plans, automates grading systems, and supports virtual tutors and learning assistants.

• Entertainment: AI enhances content recommendation algorithms, creates virtual and augmented reality experiences, and automates content creation and editing.

• Agriculture: AI monitors crops, detects diseases, supports precision farming, and enables automated harvesting systems.

• Security: AI is used in surveillance and threat detection, cybersecurity threat analysis, and biometric identification systems.

Much of the population thinks of AI as a chat bot or personal assistant due to Siri and ChatGPT. However the real growth for artificial intelligence will be in its capability to learn, adapt, and provide valuable insights/solutions in the long run. As AI develops itself it will ensures that it will become an integral part of our daily lives and work environments.

If it feels like there is a lot of writing about AI in the Gazette that is because there is a lot of opportunity in the AI industry for investment and professional growth potential. Many times people don’t realize opportunities until they are physically visual.

The purpose of Graham’s Gazette and my social account @GrahamInvesting is to help others get started and stay consistent on their own personal, professional, and financial journey. I appreciate the time you take in reading & interacting with me and look forward to growing together.

Thanks for investing your time reading this.

-Graham (@GrahamInvesting)

Disclaimer: Graham’s Gazette provides information and resources related to investing, financial topics, and personal growth for educational and entertainment purposes only. The content presented is not intended to be construed as financial advice. Readers are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. Graham’s Gazette and its creators do not assume any responsibility for the accuracy or completeness of the information provided nor do they guarantee any specific results from such use of information.