The Top Prophecy of the Week

Deciphering the Hype and Nonsense Surrounding 5G April 4, 2020 UNSUBSCRIBE | ARCHIVES URGENT UPDATE FROM JAMES ALTUCHER… (Only good till 9:30 THURSDAY MORNING!) This isn't the first time James has traded in an extremely volatile market, but what he's accidentally discovered changes everything. It's crucial you catch his latest update about life and making money in a post-coronavirus world. James reveals exactly what readers should be doing to help protect their money and how they can even profit from his latest discovery. This video is only online till 9:30 THURSDAY MORNING. Click here to watch his update now. Deciphering the Hype and Nonsense Surrounding 5G Dear Daily Prophecy Reader, I don't own a television, but if I did, I'm pretty sure it would never occur to me that what I really need in my life are crime dramas or sitcoms made by my telephone company, or even my cable internet provider. There is no particular reason to expect a firm that excels at providing bandwidth, should also excel at story telling. It's a little like the prospect of going to a variety show staged by a bunch of engineers. I have long argued that mixing content and conduit, combining the making of movies with building the fiber optic and wireless networks to deliver them, makes little sense as a business. Despite my admonitions, for many decades content and conduit have been pretty thoroughly entangled. This entanglement came about largely because the government originally regarded almost all communications networks — radio, television, telephone, and later cable TV — as natural monopolies. It was on that theory that the government got into the business of allocating bandwidth to TV and radio broadcasters, and later wireless companies, and regulating telephone and cable companies (including by giving them exclusive franchises). Government Enforced-Monopoly Crushes Creativity Cable TV was born entangled; franchised access to customers made it seem like good business to decide what entertainment people could get from their cable box and charge or overcharge them accordingly. The tangle has gotten a little looser over the past few years. Cable and telephone companies got into each other's business. The internet broke down old categories. Netflix came along with the quite brilliant idea that with enough bandwidth to support streaming video over the internet, you could beat the competition not only without owning the network, but without even owning the entertainment. It was always the self-fulfilling myth of scarce bandwidth that supported the mix up of content with conduit. The advent of near infinite bandwidth at near zero latency, which is what 5G really means (if it means anything), will finally separate them altogether. In the next few years two things will become clear: The demand for nearly infinite bandwidth at zero latency will be so great that it will create huge profits for some — though not all — of the companies that provide it. And the fierce technology challenges of providing that bandwidth will be sufficient to absorb not only all the capital those companies can provide, but all their management attention as well. 04ghd74j - 3b95 - dt38 - 43vg - g7sp38gt See this 32-digit code? It's the prototype for a brand-new digital infrastructure that is set to replace the "old internet" as we know it. Act now and you could profit from a market poised to grow 8,473% or more by 2024! Continue Reading >> AT&T will sell Time Warner, relieve itself of debt and focus on bandwidth; or it will go down. Comcast will sell its TV network, its movie studio, and its theme park because it will be more profitable to reinvest in its network. Augmented reality will kill theme parks anyway. The other cable companies will similarly realize that the their "fiber to the node" networks are suddenly worth far more than the distractions of having to find material to send across them. Supply creates its own demand. Over the next few years, upload speeds — the speed at which ordinary consumers can contribute content to the network — will grow relatively faster even then the rapidly accelerating download speeds that deliver content to them. Live streaming video without stutter or stalls will be first universally demanded and then ubiquitous. As I predicted in Life After Television more than 30 years ago, what we now call "user created content" will continue to multiply and steal viewers from Hollywood. The providers of bandwidth will decisively give up the "gotcha" business of trying to control what customers can view, and see the attractions of the "letcha" business of enabling and multiplying their choices. Today's Prophecy Throughout the economy, in healthcare, education, finance, retail, gaming, the supply of bandwidth will only whet appetites for more. The near universal demand for business applications of artificial intelligence will absorb more bandwidth than the entire internet provides today. In this environment sitcom, re-runs or even sexy Scandinavian crime dramas complete with comely blondes underdressed for the weather, will look decidedly less enthralling as business propositions. Not every bandwidth provider will thrive. Some will realize too late that their networks are more valuable to their customers than their tired TV offerings. But some companies that today look old and tired, with stock prices long in the doldrums even before the coronavirus, will find themselves suddenly rich along with their investors. And a host of new firms — some enablers of bandwidth, others brilliantly exploiting it — will enrich investors even more dramatically. I feature several in upcoming issues of George Gilder's Moonshots, which you can learn more about here. There is an awful lot of hype and nonsense circulating about 5G. The reality though is far more exciting than the hype. A true internet economy, not possible even a decade ago, is being born all around us. The markets may be having a coronary, but this is a great time to be an investor. Regards, George Gilder Editor, Gilder's Daily Prophecy P.S. Have you seen this yet? My colleague Graham Summers special presentation ― that the mainstream media isn't reporting on ― he talks about a simple strategy that employs a revolutionary method to take advantage of central bank moves and potentially even make you big profits. Click here for all the details. 100 Little-Known Ways To Maximize Your Retirement Benefits This mysterious guide to maximizing your retirement benefits is waiting to be claimed… Here's a small sample of little-known methods you'll find inside… Boost Your Benefits by 32% Using the "Hiccup" Technique. Learn how some seniors are using this special "hiccup" strategy to increase their retirement benefit payouts by 32%. (Page 243) Hit the Benefits "Reset Button." Not happy with your current benefits? Learn how some folks are legally "resetting" their benefits for WAY bigger monthly payouts. (Page 245) The "$24,000 Switch Strategy." Discover a wrinkle that allows some retirees to switch to a higher benefit in the future… for up to $24K in extra retirement income. (Page 82) You'll find them all… and more than 90 additional retirement benefit maximizing methods inside. Click here to learn how to claim your copy now.  To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, click here to unsubscribe. If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox by whitelisting Gilder's Daily Prophecy. Gilder's Daily Prophecy is committed to protecting and respecting your privacy. Please read our Privacy Statement. Gilder Press, a division of Laissez Faire Books, LLC. 808 Saint Paul Street, Baltimore MD 21202. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2020 Gilder Press, a division of Laissez Faire Books, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Gilder Press, a division of Laissez Faire Books, LLC. EMAIL REFERENCE ID: 401GDPED01