The Beatles are getting back together!

Considering that half of the legendary rock group has passed away, this is pretty impressive.

Today, I'll explain how it's happening, and how we can potentially profit from it.

Getting the Band Back Together

As arguably the two most recognizable faces from The Beatles, Paul McCartney and John Lennon rank as two of the greatest songwriters of all time. Together with Ringo Starr and George Harrison, the group notched 20 No. 1 hits and sold more than 183 million records in the U.S. alone. They're widely considered the greatest musical group in history.

But John Lennon tragically passed away more than 40 years ago. Yet he and McCartney made headlines recently regarding an upcoming new song.

How is this possible?

Exciting and Scary

The answer lies with Artificial Intelligence ("AI"). As I've mentioned, AI is impacting every aspect of our economy. And that includes the arts and music industry.

Recently, McCartney told the BBC that, with the help of AI, his group was going to create one "last Beatles record," this one coming some 54 years after the release of its iconic hit, "Abbey Road."

Essentially, Hollywood director Peter Jackson used AI to isolate Lennon's voice from an old demo tape. And that recording will be incorporated into McCartney's upcoming track, which is expected to be released later this year.

Besides my fascination with The Beatles – particularly McCartney – one thing from McCartney's interview stood out to me. When discussing AI's impact on music, he said it is both "exciting and scary."

I'm far from a rock and roll star, but in this case, I know exactly what McCartney means. Let me explain...

Hollywood Paints an AI Picture

As investors, we're often driven by two key emotions: fear and greed. That makes investing an equally scary, but exciting opportunity.

AI's potential in any number of markets is certainly exciting. But keep in mind that the technology's introduction to the world, mostly in mainstream media, painted a picture that was scary rather than exciting.

Since the days that AI-powered HAL 9000 computer took over the spaceship and threatened its crew in the 1968 sci-fi classic "2001: A Space Odyssey" the public has been served a steady diet of dark visions of what AI could bring.

There was the "Terminator" movie franchise featuring a hostile AI that became self-aware and wanted to destroy humans. Then there was the 1999 hit film "The Matrix" where humanity was enslaved by rogue AIs.

Today, the concern regarding AI isn't merely science fiction. It's hitting a lot closer to home...

Maybe AI Isn't All Bad

These days, people are creating AI-generated audio and video clips of real people doing and saying things that didn't actually happen. These are known as "deep fakes."

Bad actors could soon try the same tactic on a national scale – for instance, maybe a fake recording of a politician is released. Keep an eye on the 2024 Presidential Election for this type of incident.

However, the situation with AI isn't all bad. After all, McKinsey and Co. predicts that AI will deliver global economic activity valued at around $13 trillion by 2030. And that's not all made up of pranks and deep fakes.

In fact, the very things that make AI potentially useful in identifying and extrapolating patterns in speech, for example, also make it hugely helpful in a wide range of applications that permeate the economy...

We're talking better, faster, easier to use software, as well as more powerful fraud and disease detection.

But for now, I want to focus on AI's impact on a specific type of technology...

AI's Role in the Arts

As mentioned, AI can have a big influence on the arts. And there's a profitable company that dominates the technology related to art, photography, design, and desktop publishing.

Its platform for creating, editing, and managing graphics is the industry standard, while its tool for editing pictures is unmatched.

As a former musician, I've personally had artwork designed for CDs and photographs professionally edited and color corrected, all using this company's tools.

And as a journalist, I'm intimately familiar with just how important this firm's software is in layout and publishing. To say this company has set the standard for performance in this field is an understatement.

Early on, this company sold each tool separately, releasing regular paid-for updates. But in 2009, the company moved to a digital rental model, where users pay an ongoing monthly fee to use its platforms, in return for continuous updates and support.

This switch has paid off handsomely. And it's enabled the company to be at the forefront of technological development.

In March of this year, the company announced the addition of "generative AI" to its platform. This gives users the ability to quickly generate images and text effects simply by telling the software what they need.

Outperforming the S&P

The news regarding this latest AI addition, along with a classic beat-and-raise quarter, sent the company's stock soaring. Clearly, the market recognizes that AI in the publishing and creative content sectors is driving massive growth.

Notably, this is a stable company. In the most recent quarter, per-share profits grew by 17%. And Wall Street is forecasting the same growth for the full year.

Over the past five years, the S&P 500 has gained roughly 56%. But during that stretch, this company's stock has nearly doubled.

Whether you're a fan of The Beatles, AI, or just making money, make sure you become a "Pro" subscriber to get the details about this exciting investment opportunity.

Cheers and Good Investing,

Chief Investment Officer
Trend Trader Daily

Tags: artificial-intelligence the-beatles