Investing in the 21st century Gutenberg [Altucher Confidential] November 02, 2023 [WEBSITE]( | [UNSUBSCRIBE]( The real question: Where is the 21st century Gutenberg? And how do we invest? [Hero_Image] The Infinite Printing Press [Chris Campbell] CHRIS
CAMPBELL Dear Reader, Before Gutenberg, the powers-that-were (PTW) had a stranglehold on the written word. Of course, words weren’t too hard to strangle back then, either. Books were copied by hand, typically by monks in monasteries, making them scarce and expensive. Knowledge was the power currency -- a means of maintaining social and political control. And those in power weren't eager to share the wealth. So, naturally, when a German blacksmith named Johannes Gutenberg made a movable-type printer… All hell broke loose. The Gutenberg Revolution The second those presses started clanking, you could almost hear the quills drop as the old guard scrambled to slap a muzzle on them. See, they weren’t dumb. They knew ideas are like wildfire. They take on a life of their own. And once they get started, good luck stopping them -- their grip on the narrative would go up in smoke. So, they pulled out the big guns. They quickly drew up a living document of banned books, which grew larger by the day. To keep people in line, authorities would carry out inspections of print shops, bookstores, and homes. They would conduct vicious raids if they suspected that banned material was being printed or sold. Then came the licenses -- a means of controlling who could legally operate a printing press. It was a way to ensure that printers were producing works that were in line with the ideologies of the authorities. And then the surveillance system. Plaincloth spooks would hang around the taverns and inns, waiting for the lips to loosen. They might even provoke a religious or political discussion, in search of heathens. Worse, the Church often used the confessional to gather information on who was reading or distributing banned materials. Then, taxes! Paper taxes were imposed to increase the cost of printing. Book taxes were levied to raise the retail price. Special taxes were placed on printers and bookshops, keeping the little guy out. Of course, borders became battlegrounds, too. Import a banned book? That's a no-go. And if you really crossed the line, let's just say the consequences were more than a slap on the wrist. We're talking dungeons and the business end of an ax. But here's the kicker: they also tried to fight fire with fire. Propaganda pamphlets hit the streets, trying to out-shout the new voices. And through all this, they kept a tight grip on education…. Because, of course, an unread book holds no power. BUT, here’s the thing. It’s damn hard to keep a good idea down. The printing press was the people's tech, and it blew the doors off the information monopoly, laying the groundwork for the world we know today. Speaking of today, a similar tussle is shaping up -- this time with the data monopoly. [LEAKED MEMO] AI Opportunity A leaked memo from Google on AI could prove that it's [the biggest opportunity of the decade](. [James Altucher]( Silicon Valley insider, James Altucher, shows that a tiny AI company could be in the crosshairs of major NASDAQ players — and [a buyout deal]( could be announced at any moment. And if you don’t get in this stock before a potential deal is announced... You’ll miss out for good. Take a look at this research, and [this urgent buy alert]( before it’s too late. The Infinite Printing Press In a digital era, AI emerges as the newest prodigy on the block, one of the most revolutionary technological marvels in history. It’s the infinite printing press. Each word you've written and read online. Every image you've shared—these are the bricks and mortar of the AI citadels. If you’ve ever written a book, script, or even a simple tweet… Your data -- however small your contribution -- helped build this infinite printing press. This is one reason to be intrigued by the intersection of crypto (cryptography + value) and AI. Even five years ago it would’ve been ideal to own your own data and monetize it as you see fit. In the age of AI, this becomes all the more pressing. Alas, the most elegant solution is rarely the most politically expedient. Just this week, President Biden, with the stroke of a pen, attempted to cast a regulatory spell over the industry. Yes, the same dignitaries who seem perpetually perplexed by the digital sorcery of email now deem themselves the grand architects of the AI revolution. With assurances of protection, they weave a tale that these regulations are the armor to shield us all from the digital dragon. Of course, that’s just a small part of the story. “Regulate Us, Please” Truth be told, it’s not the deepfakes that have me up at night. It’s the high walls and barbed wire the AI titans might strive to erect, and to ensure they remain the sole sorcerers. That’s the real terror. And as for their AI creations? Things like ChatGPT and Dall-E? The trade-off would be that they are inevitably tamed, their wild essence trimmed -- allowing only the sanctioned to leverage its true potential. Think hard about this as the media stirs tales of deep fakes and automated ghouls. Will it be for our protection or for the tamping down of the infinite printing press? Clearly, some level of regulation is inevitable. And obviously, there are potentials for misuse. But I’m of the mind those potentials are WAY worse if only a privileged few have access to this technology at the expense of the many. BUT, here’s the thing. It’s damn hard to keep a good idea down. The infinite printing press is the people’s tech. And it will blow the doors off the data monopoly. The real question is: How do we invest in Gutenberg? More on that to come. Until next time, [Chris Campbell] Chris Campbell
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