Cathie Wood
👤 SpeakerAppearances Over Time
Podcast Appearances
But we have a very firm succession plan here.
The way we've set up the firm with directors of research, chief futurists, analysts, research associates, and really the equivalent of investment committees for each of our funds.
I think any due diligence effort...
would look at what we've done here at ARK and be pretty reassured by it.
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.