Cathie Wood

It can use pattern recognition, maybe, to do what we're doing. What are the three characteristics that define an innovation platform for us? The most important one is they follow something called Wright's Law, which measures the learning curve, how fast the costs are going to decline. with this new technology. Technology is deflationary. Costs fall over time.

It can use pattern recognition, maybe, to do what we're doing. What are the three characteristics that define an innovation platform for us? The most important one is they follow something called Wright's Law, which measures the learning curve, how fast the costs are going to decline. with this new technology. Technology is deflationary. Costs fall over time.

And they're passed through into lower prices or better performance, one or the other. That is the most important. A machine can figure that out, I'm sure. But asking the questions are going to be important, like... Es gab nicht, bevor 2014, als wir ARC begonnen haben, viel über autonomes Mobilität oder E-VTOLs, oder um das Thema AI zu sprechen. AI ist jetzt Wissenschaftsfiktion geworden.

And they're passed through into lower prices or better performance, one or the other. That is the most important. A machine can figure that out, I'm sure. But asking the questions are going to be important, like... Es gab nicht, bevor 2014, als wir ARC begonnen haben, viel über autonomes Mobilität oder E-VTOLs, oder um das Thema AI zu sprechen. AI ist jetzt Wissenschaftsfiktion geworden.

Es gab in den letzten Jahren keine Ausbrüche. But then we got some breakthroughs. So Wright's Law is the first to figure out that cost curve decline and see how quickly the technology can proliferate across sectors. That's the other criterion here. The technologies that we are following are going to cut across economic sectors and apply... zu mehr als einer Gruppe von Menschen.

Es gab in den letzten Jahren keine Ausbrüche. But then we got some breakthroughs. So Wright's Law is the first to figure out that cost curve decline and see how quickly the technology can proliferate across sectors. That's the other criterion here. The technologies that we are following are going to cut across economic sectors and apply... zu mehr als einer Gruppe von Menschen.

Und dann der dritte ist, dass diese Technologien als Launchpads für neue Technologien servieren. Also im Falle von DNA-Sequenzierung, was die Basistechnologie war, mussten wir das vor CRISPR-Gene-Editing brauchen. In fünf oder zehn Jahren... Let's assume we don't have a policy mistake and a recession. So just steady state. I think it will be the same or lower.

Und dann der dritte ist, dass diese Technologien als Launchpads für neue Technologien servieren. Also im Falle von DNA-Sequenzierung, was die Basistechnologie war, mussten wir das vor CRISPR-Gene-Editing brauchen. In fünf oder zehn Jahren... Let's assume we don't have a policy mistake and a recession. So just steady state. I think it will be the same or lower.

And most of this is because those baby boomers are retiring. So they come out of the employment. And the generations following them are smaller. Even now what's happening is we're passing through the baby boom echo, meaning the children of the baby boom. That cohort was smaller. I don't think it was any bigger than the baby boom population.

And most of this is because those baby boomers are retiring. So they come out of the employment. And the generations following them are smaller. Even now what's happening is we're passing through the baby boom echo, meaning the children of the baby boom. That cohort was smaller. I don't think it was any bigger than the baby boom population.

Gleichzeitig wird das Vibe-Coding steigen. Ich denke also, was passieren wird, und das wird sehr gesund für die Produktivität sein, wir werden viel mehr Experimentationen und Menschen, die Risiken auf sich selbst nehmen werden. Und vielleicht wird sich die Idee eines Korporations, wie wir es kennen, radikal verändern. ist es, distributierte, autonome Organisationen zu ermöglichen. So wie Bitcoin.

Gleichzeitig wird das Vibe-Coding steigen. Ich denke also, was passieren wird, und das wird sehr gesund für die Produktivität sein, wir werden viel mehr Experimentationen und Menschen, die Risiken auf sich selbst nehmen werden. Und vielleicht wird sich die Idee eines Korporations, wie wir es kennen, radikal verändern. ist es, distributierte, autonome Organisationen zu ermöglichen. So wie Bitcoin.

Es gibt niemanden, der es regiert. Es ist ein distributierter Netzwerk. And, you know, let's see how these do and how vibe coding and AI integrate into the crypto. And I'm going to stop calling it crypto because it really should be called digital assets world, which legitimizes it more. Crypto sounds nefarious. Digital assets is where, you know, more than young people and I'll say,

Es gibt niemanden, der es regiert. Es ist ein distributierter Netzwerk. And, you know, let's see how these do and how vibe coding and AI integrate into the crypto. And I'm going to stop calling it crypto because it really should be called digital assets world, which legitimizes it more. Crypto sounds nefarious. Digital assets is where, you know, more than young people and I'll say,

Young people are spending more than half of their discretionary, their free time online. And so property ownership online is becoming more important. It's being legitimized by the way people are spending their time.

Young people are spending more than half of their discretionary, their free time online. And so property ownership online is becoming more important. It's being legitimized by the way people are spending their time.

Oh, Elon.

Oh, Elon.

Well, I have two points of view.

Well, I have two points of view.