Cathie Wood

Thank you, Zaid.

I'm really happy to be joining you today.

Well, it is because AI is the catalyst to all of the other innovation platforms to speeding them up as well.

There's a great convergence taking place.

So if you think about robo-taxis, it's the convergence among robots.

Robo-taxis are robots, obviously.

Energy storage, they will be electric.

and AI, they'll be powered by AI.

They couldn't exist without AI.

And we think that that's going to scale to a global revenue generation opportunity of more than $10 trillion in the next five to 10 years from almost nothing today.

And another example of a convergence

is in the healthcare space.

Many people don't think about

technology as much or AI as much when they think about healthcare, but it's probably the most profound application of AI, and it's the convergence of sequencing technologies, including single cell sequencing.

We each have 35 to 40 trillion cells in our bodies, and now we're going to be able to sequence down to the cell level.

So sequencing technologies, AI,

And then CRISPR gene editing, which is able to edit out programming errors that we are now able to find thanks to the convergence between AI and DNA sequencing, well, all kinds of sequencing.

Yes.

right there's a huge wall of worry the strongest bull markets are climbing walls of worry i remember i was in the internet well the tech and telecom bubble as it's called and there was no worry at all the only the only investors worrying

were value investors because they thought they'd lose their businesses, right?