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This month marks the 36th anniversary of one of the most important events in U.S. automotive history.
It was the launch of a car so far ahead of its time that it might as well have been science fiction. And, well, it actually was.
On Sept. 26, 1982, TV viewers got a glimpse of the future of the automobile industry. I'm talking about KITT, the artificial intelligence-powered auto costar of the series "Knight Rider."
(Okay, not so important. But still – worth considering.)
The 1982 Pontiac Firebird featured advanced tech systems, including a camera, navigation, video, voice integration, machine vision, and even a forerunner of Wi-Fi.
KITT was a fully networked ride – decades before we started talking about "networks."
And today, "Knight Rider"'s advanced vision of auto tech is here in connected cars and autonomous vehicles – or at least bits and pieces of it are arriving on a daily basis.
As someone who loves both cars and technology, I'm impressed at just how prescient "Knight Rider" turned out to be.
With that in mind, I'm going to reveal a great "pick and shovel" play on the connected car that is poised for big gains for years to come.
Plus, it targets other hot industries, like next-generation AI and cloud computing.
Take a look…
The Futurists at NBC
Like I said, it's amazing how much the creators of "Knight Rider" got right.
To this day, 32 years after the last episode aired, "Knight Rider" remains on the air through streaming services. For instance, you can catch it on iTunes from Apple Inc. (Nasdaq: AAPL).
The Knight Industries Two Thousand (KITT's full name) was even embedded with self-driving features. And KITT's supercomputer was so advanced that the sporty auto could track other objects around it in real time.
Clearly, though we didn't realize it back in the 1980s (we just thought we were watching a cool show), KITT showed us the future: the world of today's computer-centric, connected cars and tomorrow's self-driving vehicles.
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Make no mistake, the connected car is quickly becoming the standard. By 2025, nearly every one of the 80 million cars made each year will be supercomputers on wheels.
They'll have computer network connections like Wi-Fi, voice control for navigation and other operations, machine vision, and a range of self-driving operations. They're also becoming wireless nodes that can "talk" to other cars to avoid traffic and collisions.
As savvy tech investors, we're looking for a back-end play that allows us to capture the growth of the entire field, without having to pick a specific car manufacturer.
And I've found one…
The Best-Kept Secret in Tech
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.