Cathie Wood

There's going to be huge job creation around data.

the space exploration and all of the opportunities out there and then the other one and you'll find this in our digital assets section of big ideas is the digital world immutable private property rights we know from economic history the best way to lift people and countries out of poverty is

is with private property rights that are immutable.

Well, that is now moving into the digital world for the first time, thanks to blockchain technology.

So we're not worried about job creation, but for those who are, because there is something happening that I know is concerning to many people, the unemployment rate

for 16 to 24 year olds has moved to 12%, 12%, big increase.

And what is that saying?

That's saying that entry-level jobs are not being created the way they used to be.

To those people, I say, you know, you must have in your mind

an idea for a new business, something that frustrates you, an unmet need.

Well, now you can go to ChatGPT, you can go to Grok, and you can have an assistant help you build out that business.

Just interview for jobs, but also think about new business ideas.

I think we're going to see entrepreneurial explosion here.

Without a doubt.

We've always said Tesla is not an auto company.

It is actually the convergence of three of the platforms I mentioned.

So robotics, energy storage, and AI.

Each one of those technologies is

It has its own S-curve.

And now they're feeding each other, and we're seeing that in robotaxis.