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Donald Trump promises to create 25 million new jobs over the next decade with his economic plan.
And as we've been discussing over the past few weeks, I think that plan is a good one - and will be very good for tech companies and their investors.
However, there's also this...
Robotics and artificial intelligence - "automation," in a word - will eliminate tens of millions of jobs over that same stretch.
It makes many of us planning our retirement - trying to put together enough money and investments to guarantee that our "golden years" are prosperous - wonder how we'll do it. Moreover, it makes us worry about our children's and grandchildren's futures.
How can anyone save or invest if they're looking at a "jobless future"?
One way to do it - to not just survive but to thrive in this unknowable future - is to profit from the very automation technologies that are threatening humanity's livelihood.
And to do that, you have to "pick" the best stocks in this sector.
I've just spotted such a company - one whose technology could to displace millions of "back office" workers in the coming years. You know, the folks doing data entry and handling the customer service lines.
Its technology is known as robotic process automation (RPA).
And its shares are primed for a quick 50% gain.
Eliminating the "Back Office"
As we've been discussing over the past few months, our research has found that there are really four "windows" of opportunity - "How We Live," "How We Work," "How We Survive," and "How We Thrive" - that make up the Singularity Nexus.
These windows represent pools of innovation that will lead to huge profits for the companies that develop the best technologies - and their investors. As we believe here, "The Road to Wealth Is Paved by Tech"... and in the Singularity Era, that's truer than ever.
And right now, whether it's through AI or robotics, automation is the biggest factor impacting the "How We Work" window.
The World Economic Forum, in a report out of the Davos meetings earlier this year, predicts AI and robotics will cause 7.1 million job losses by 2020 in the world's top 15 economies. Moreover, the United Nations' International Labor Organization sees an increase in global unemployment of 11 million in the next four to five years.
Those are conservative estimates. I hate even looking at some of the more "out there" predictions.
That's why when we look at advances like robotic process automation (RPA), which are being rapidly deployed at thousands of businesses around the world, we can't be scared. We can't let fear rule the day.
Instead, we need to see them as investment opportunities.
For its part, RPA uses software robots to replicate the actions of human workers for such "back office" tasks as data entry and customer service. The researchers at Gartner call thi…
About the Author
Michael A. Robinson is a 36-year Silicon Valley veteran and one of the top tech and biotech financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
And even with decades of experience, Michael believes there has never been a moment in time quite like this.
Right now, medical breakthroughs that once took years to develop are moving at a record speed. And that means we are going to see highly lucrative biotech investment opportunities come in fast and furious.
To help you navigate the historic opportunity in biotech, Michael launched the Bio-Tech Profit Alliance.
His other publications include: Strategic Tech Investor, The Nova-X Report, Bio-Technology Profit Alliance and Nexus-9 Network.