Jason Burack of Wall St for Main St interviewed first time guest, Webmaster, Senior Editor, & Co-Host of the FS Insider podcast at Financial Sense, Cris Sheridan https://www.financialsense.com/contributors/cris-sheridan about artificial intelligence (AI). First, before Jason asks Cris about the technology innovations in the AI industry, Jason asks Cris for a definition of artificial intelligence? Cris gives a different definition of AI than Wikipedia after Cris has interviewed AI experts for the FS Insider podcast and also studied the subject reading articles and reports from the industry. Jason and Cris also discuss the arms race involving entire countries, their militaries to who can have better quantum computing, AI, robotics, etc. Putin has even commented on AI: https://www.theverge.com/2017/9/4/16251226/russia-ai-putin-rule-the-world Cris talks about how AI is being combined with other technologies like Big Data to help AI learn faster. Most of the largest technology companies all have research and development (R&D) budgets for AI in the billions of dollars per year. to wrap up the interview, Jason and Cris discuss how there's no great pure play for investment purposes on AI (there are some penny stocks and also an AI ETF symbol BOTZ) and whether AI will create or destroy jobs? A new study from PWC claims that over the long term that AI will create at least as many jobs as its destroys: https://finance.yahoo.com/news/artificial-intelligence-create-many-jobs-230100768.html Jim Rogers innovating with AI: https://finance.yahoo.com/news/jim-rogers-launches-ai-focused-145902774.html Follow the AI arms race and other AI innovations on Zero Hedge: https://www.zerohedge.com/search-content?search_api_fulltext=artificial+intelligence&sort_by=search_api_relevance Motley Fool articles on the artificial intelligence industry and AI investing: https://www.fool.com/search/solr.aspx?q=artificial%20intelligence Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**