Yesterday, I wrote about the power of innovative technological disruption. Specifically, I talked about how quickly it can happen – and how the so-called “experts” can be way off in their assumptions about the adoption of a new technology.

As you can probably guess, this can be a tremendous opportunity for investors to profit. Provided you can skate to where the proverbial puck will be, that is…

I make it my business to think about these things. It’s not always easy, but if you can get in at the early stages before the crowd catches on, it can be more than worth it.

The Next Big Disruption Is Right Around The Corner

One major trend is already underway, thanks largely to Elon Musk and his company Tesla (Nasdaq: TSLA).

Electric vehicles (“EVs”) are a disruptive technology.

Think about this… in 2008, Tesla released its first car, the completely electric Roadster. It came with a hefty price tag of $109,000 at the time.

Due to high battery costs, the price and relatively low mileage you could drive on one charge were major hurdles for EVs. As a result, they received plenty of criticism and, more importantly, kept them out of reach for the everyday consumer.

However, battery technology has come a long way in the past decade — leading to prices falling nearly 90% since 2011.

That, in turn, has helped the price of EVs come down. And while certainly still not cheap, the Tesla Model 3 starts at $47,000, which is about the same price as a mid-level Jeep Grand Cherokee. The price of EVs will continue to fall as technology improves and competition heats up.

Worries about the range of an electric vehicle are also becoming a thing of the past. Most can travel over 250 miles on one charge. They can easily charge at home, or if you’re on the road, you can plug into one of the more than 20,000 charging stations nationwide.

Over at Capital Wealth Letter, we capitalized on the surging EV demand when we snagged Albemarle (NYSE: ALB) in October 2019. Albemarle is one of the top lithium miners in the world, a vital commodity for the batteries that power EVs, tools, and electronics.

At the time, lithium prices had crashed, and we picked up the miner at a deep discount. We sold it just over a year later for a nice triple-digit gain.

I’m still bullish on the EV and lithium market. And while both will likely continue to deliver profits for investors in the coming years, another related technology is on the verge of exploding right under everyone’s noses…

The disruption I want to talk about today, like the internet itself, had its beginning as part of a project funded by the United States Department of Defense Advanced Research Projects Agency, better known as “DARPA.”

I’m talking about Autonomous Driving (or “AV”).

The Driverless Car Revolution

Back in the early 1980s, Congress tasked the folks at Darpa to develop a driverless vehicle to help keep American soldiers safe. Instead of handing out contracts to its usual stable of defense contractors, the Pentagon skunkworks division decided to put on a race.

Whoever built a self-driving car that drove 142 miles through the Mojave Desert the fastest would win a $1 million prize. Anyone and everyone were welcome.

In the race’s debut year, not a single vehicle made it across the finish line. But it didn’t matter, it fostered a community of people convinced that driverless cars were possible.

Today, we’re on the cusp of completely autonomous vehicles going mainstream.

Don’t believe me? People in certain neighborhoods in Phoenix can order a self-driving taxi from Waymo, a subsidiary of our portfolio holding Alphabet (Nasdaq: GOOGL).

Ford (NYSE: F) has already tested self-driving technology in partnership with Pittsburgh-based Argo AI. You can watch this one-minute clip of a Ford AV cruising around Austin and Miami here.

Companies are investing billions in developing AV technology. For example, Microsoft invested $2 billion in GM’s AV division. In addition, Amazon purchased AV startup Zoox for $1.2 billion in 2020.

AVs are a matter of “when,” not “if.” And just like every other technological disruption, it will happen much sooner than we all imagine.

Closing Thoughts

I’m looking for rapid improvement in technology that will bring AVs to market much faster than most people believe possible.

As we’ve repeatedly seen, technological disruptions happen faster than we all imagine. I’m betting that the EV and AV evolution will be here before we know it. The next vehicle you purchase could very well be an all-electric vehicle with some autonomous driving capabilities.

If that happens, my subscribers and I plan to benefit tremendously.

That’s why, over at Capital Wealth Letter, I told my premium subscribers that the time to invest in this trend is now — before everyone realizes just how quickly this technology will come to market (not to mention how big it will be).

Even better, we don’t have to find some small startup company to do it. Instead, I’ve found a company that will be a critical partner for AVs because it is already an integral partner for car manufacturers today.

To learn how to get the details of my latest pick and see my latest research about another incredible game-changing technology, go here now.