These sci-fi fantasies are becoming a reality… Meet the technology making it possible… In the mailbag: “The book 1984 told us this would all come”…
The president draws big crowds at his rallies. He holds them up and down the country.
Since Trump took office, he’s appeared at dozens of rallies – more than any other president in recent memory. It’s a way to stay connected with his fans.
But what if Trump could project a virtual 3D version of himself to packed stadiums in every state… at the same time… to hold nationwide rallies?
It would be a major tailwind for his reelection campaign… even a key advantage in a tight race.
But the technology has already been tried out.
And as you’ll learn in today’s dispatch, its widespread adoption is just one of several sci-fi technologies that will be made possible by the rollout of 5G wireless communications networks.
5G is one of the big tech trends we’ve been following. In fact, it’s so critical for the next leap forward in technology… it’s sparked a battle between the U.S. and its overseas rivals.
We’ll get to that tomorrow. But first, you need to understand what makes 5G technology so revolutionary…
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In 2014, India’s prime minister Narendra Modi held hundreds of rallies across India as a “holographic presence.” (You can watch one here.)
With more than 800 million people eligible to vote, India is the world’s biggest democracy. It’s hard to reach all those voters with your message. So Modi turned to holograms to bridge the divide.
Modi even had a fleet of trucks kitted out with holographic projectors. They toured rural India showing holographic versions of Modi’s speeches.
He was able to reach voters he couldn’t have reached before. And he won the election by a landslide.
Modi could send trucks around India with holographic projectors. But he still couldn’t send a 3D version of himself across the country the way you’d send an email… or a text message.
But that’s all about to change, thanks to a new tech upgrade happening around the world… The move from 4G to 5G wireless communications networks.
5G stands for “fifth generation.” It’s the newest upgrade of our mobile communications networks.
And it’s not some pie-in-the-sky project. It’s already available in some cities in the U.S. – such as Chicago, Minneapolis, New Orleans, and L.A.
And it’s about to transform the way people interact with technology there.
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It’s an exponential leap forward in the way we communicate.
Here’s Jeff Brown, our tech expert at Legacy Research, with more…
Have you ever been on your smartphone and the call unexpectedly drops? Or maybe a website won’t load, no matter how many times you hit refresh.
This happens when the 4G wireless networks get congested. So many people are trying to access data through the existing networks at once that the infrastructure gets packed up. It’s like a traffic jam at rush hour.
But with the 5G wireless technology that’s being built out now, that will change. Download speeds will be, on average, 100 times faster than current speeds.
These faster connection speeds mean movies will download in seconds. But it doesn’t end there. 5G also makes a whole range of breakthrough new technologies possible at scale.
4G networks can’t handle the kind of data loads required.
Take self-driving cars. As we’ve been showing you, they’re the future of automobile transport. But self-driving cars need fast, nearly delay-free networks to operate safely.
Each car has a barrage of cameras and other sensors. And they need to push out this data across a network… and process incoming data.
This helps them “read” the road and avoid, say, colliding with another self-driving car. That means they don’t need to “see” another car coming with a camera or radar.
All the cars’ AI drivers will be hooked up to the same network. So they’ll know each other’s location at all times.
And for that, they need 5G’s wireless speeds.
As Jeff has been telling his readers, AR is what will make the iPhone or Android smartphone in your pocket obsolete.
With an AR headset (or glasses lens… or contact lens), graphics, images, and data are overlaid on top of the world you normally see.
This opens up a range of groundbreaking uses. Jeff again…
Augmented and virtual reality visors – headsets that display information and data on the lenses – will give you real-time data on objects you’re looking at. So let’s say you glance at a restaurant as you pass by it on the street. You could choose to pull up more data on your visor, such as the menu or the opening hours.
And 5G doesn’t only have breakthrough commercial applications…
As you’ll learn tomorrow, 5G has the power to transform the battlefield… as well as the economy. And it’s caused a battle to break out between the U.S. and its military rivals over who controls 5G technology.
Meantime, if you’re a paid-up subscriber of our Exponential Tech Investor advisory, you can find Jeff’s top 5G play right here.
Jeff expects the 5G trend to send dozens – possibly even hundreds – of tech stocks soaring triple digits. And the best ones will likely soar well over 1,000%.
If you’re not paid up yet, you can learn more about a subscription to Exponential Tech Investor… and how to access Jeff’s 5G recommendations… right here.
Last week, we turned back to the most disturbing story we’ve uncovered here at The Daily Cut – the rise of a Surveillance Society in America. (Catch up here, here, and here for the latest.)
And we’ve gotten a mixed bag in response…
It’s quite cute how Mr. Casey loves technology but decries the loss of privacy through devices like the Echo. Yet another obvious Libertarian contradiction.
The fact is that the book 1984 told us this would all come. There is nothing that can be done about it. This is the reason why young people are not worried about privacy. They are smart enough to understand the obvious inevitability and purpose of technology.
– Ken J.
As a 32-year veteran of information technology, I am quite aware that artificial intelligence is not fool-proof and is subject to human error. I am concerned that the technology may result in cases of mistaken identity that could possibly destroy an innocent person’s life.
– Sharon W.
Meantime, others turn to trade…
We recently passed on Legacy Research cofounder Bill Bonner’s take on the U.S.-China trade war. And after Bill showed why trade wars are a win-lose deal, reader Robin F. wrote in…
Dear Mr. Bonner, you are completely wrong about a trade war with China. That you would rely on tired, old, clearly wrong tropes about free trade is part of the problem. That stuff was never true, and no real economist has believed it since the 1960s.
But not everyone sees eye to eye with Robin…
Robin F. takes his keenly sharpened knife after free trade and declares it a myth, only to later provide his own definition: “Tariffs should be applied at whatever level required to achieve labor price parity. That would be real free trade.”
Labor price parity, if that were the answer, can also be achieved by lowering our wages to match theirs. The knife cuts both ways, and this is where we are headed if this trade war continues.
Free trade among free people conducting win-win deals, as Bill describes, without government intervention is not a myth. Labor price parity on the other hand makes no sense at all.
Thanks for the laughs, Robin F. I am going to assume you were only kidding.
– Steve B.
Did Robin F. miss the mark, like Steve B. thinks? Or do you agree with Robin that free trade is a myth?
By the way, the early-bird deadline is closing in…
Have you booked your ticket for our second annual Legacy Investment Summit? Until May 31, you can get a ticket for hundreds less than everyone else will pay.
It’s your chance to join me… and all our analysts at Legacy Research… at a five-star resort in California. I’m talking guys like Jeff Brown… Teeka Tiwari… Jeff Clark… and Dave Forest.
If you made it to our inaugural Summit in Bermuda last year, we’d love to hear your stories. What did you like most about it? What could we have done better? Write us at [email protected].
Regards,
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Chris Lowe
May 20, 2019
Mahón, Menorca