That’s how the world’s richest man, Bill Gates, responded to a recent question about an emerging technology that’s giving some of the world’s richest people goosebumps.
Gates went on to say that the profound impact this technology is set accelerate over the next 10 years and make it “strong enough to be a concern.” And he’s not alone.
Even famed investor Warren Buffett broke his silence on the subject during a private meeting I attended last year in Omaha, Nebraska.
Warren Buffett fielded questions for nearly 6 hours.
The catch was: Attendees weren’t allowed to record any of it. No audio. No video.
My team wrote down every single word Buffett uttered. Over 16,000 words. But only two words stood out to me as I reviewed the detailed transcript of the event: “Real threat.”
That’s how Buffett reacted when asked about a portion of this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone.
The amazing thing is, while Buffett and Gates may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.
KPMG advises we’re “on the cusp of revolutionary change” coming much “sooner than you think.”
Even one legendary MIT professor had to recant his position that the technology was “beyond the capability of computer science.” (He recently confessed to The Wall Street Journal that he’s now a believer and amazed “how quickly this technology caught on.”)
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