Will AI Fix Banking? | ITK with Cathie Wood ARK Invest 2023-05-06 | On episode 43 of "In the Know," (May 5, 2023) ARK CEO/CIO, Cathie Wood, weighs in on the ongoing banking crisis, M2 growth, credit default swaps, productivity, electric vehicles, and artificial intelligence.As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:00:45 - Welcome00:01:42 - Fiscal Policy00:05:58 - Monetary Policy & Market Signals00:33:14 - Economic Indicators00:42:58 - InnovationTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Introducing The Brainstorm where ARK reacts to the latest in innovation. ARK Invest 2023-07-13 | Watch every episode on our The Brainstorm Playlist: https://arkinv.st/TheBrainstormIf you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com.Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Threads vs. Twitter, Tesla Autonomous, Declining Used Vehicle Prices | The Brainstorm EP 05 ARK Invest 2023-07-11 | If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus discuss Meta's Threads platform, Tesla Autonomous Marketplace Dynamics and Declining Used Vehicle Prices.To learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94For more updates on Public.com:Website: public.comYouTube: @publicinvest Twitter: twitter.com/public
Cathie Wood believes this is a flight to safety for investors | ITK ARK Invest 2023-07-07 | On Episode 45 of "In The Know" (July 7, 2023), Cathie Wood weighed in on what she believes is a flight to safety for investors. Full video: https://arkinv.st/3O4Khiq #shorts To learn more about ARK: https://arkinv.st/ARKInvestFor more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
AI Certainty Clashes with Economic Uncertainty | ITK with Cathie Wood ARK Invest 2023-07-07 | On episode 45 of "In the Know," (July 7, 2023) ARK CEO/CIO, Cathie Wood, weighs in on artificial intelligence (AI), Bitcoin, Fed Policy, electric vehicles, the discrepancy between GDP and GDI, bankruptcies, and the German and Chinese economies.As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:01:33 - Fiscal Policy00:08:38 - Monetary Policy00:14:07 - Economic Indicators00:22:55 - Market Signals00:28:21 - InnovationTo learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
How Artificial Intelligence is Powering Education with Dr. Ann Marie Sastry ARK Invest 2023-07-07 | On this episode of FYI, our hosts and special guest Dr. Ann Marie Sastry dive into the intersection of artificial intelligence (AI) and education. They discuss the importance of engagement in education, the role of technology and generative AI, and the need to inspire learners in new ways. Dr. Sastry shares her experience founding two companies, Amesite and Sakti3, and her passion for innovating education. The conversation covers personalized teaching and how AI can help people leverage their strengths, the shift in gaming towards creator platforms, and the need for education to compete with other forms of entertainment. The speakers also share personal experiences with technology-integrated education and the importance of social media in engaging younger generations. Don’t miss this fascinating discussion about the future of education and AI’s role in it.Key Points From This Episode:- Bridging education and AI for innovative approaches to future learning.- Shifting from education as a sorting function to cultivating individual talents.- Education through innovation offers socioeconomically disadvantaged students life-changing opportunities.- The Innovation Foundation’s age-appropriate research curriculum in Pinellas County offers personalized, innovative education, fostering a mindset change in students, and preparing them for future jobs.- AI personalizes education, recognizing individual strengths in students, aiding teachers, and promoting creativity.- AI integration enhances learning by providing relevant, contextual information and promoting user-friendly, innovative learning experiences.Integrating AI and social media into education encourages engagement, creativity, and economic relevance.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
AI Funding, Amazons Robots, Apple & Goldman Breakup? | The Brainstorm EP 04 ARK Invest 2023-07-05 | If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by special guest, ARK's Chief Futurist Brett Winton. Together they discuss the possibility of an AI Bubble, Amazon's mass robot adoption and the potential break up of Apple and Goldman Sachs.To learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94For more updates on Public.com:Website: public.comYouTube: / @publicinvest Twitter: twitter.com/public
Shaping the Immunotherapy Landscape with Patrick Hwu, MD ARK Invest 2023-06-29 | Immunotherapy has the potential to cure cancer. Today we are joined by a leading figure in cancer studies and research and one who has helped shape the immunotherapy landscape, Dr. Patrick Hwu. The internationally recognized Dr. Hwu previously applied his trade at the National Cancer Institute and is now the President and CEO of one of America’s leading cancer hospitals, the Moffitt Cancer Center. We tap into Dr. Hwu’s wealth of knowledge and experience as he explains what immunotherapy is, its benefits, and how it differs from other cancer treatments. We explore the recent advancements in immunotherapy and what the future of this treatment looks like, why the time to market for new technologies and therapies needs to improve and how the FDA fits in, how to get the right treatments to the right patients at the right time, and how Dr. Hwu and his team are impressing the industry with the way they use math, data aggregation, and large language models (LLMs) to problem-solve. We end with some heartfelt stories of triumph from Dr. Hwu’s career, the hand he’s played in building Florida’s formidable biotech ecosystem, and his words of inspiration for future scientists and a message of hope for families who are currently fighting through treatment.Key Points From This Episode:- Joining us today is the President and CEO of Moffitt Cancer Center, Dr. Patrick Hwu. - Background on Dr. Hwu’s professional career. - What immunotherapy is, its benefits, and how it differs from traditional cancer treatments.- How Dr. Hwu helped shaped the immunotherapy landscape: his ‘aha' moments. - Exciting advancements going on in his lab and immunotherapy in general. - Dr. Hwu explains he’s having a lot of fun working with CRISPR for gene editing. - Why FDA regulations need to be adjusted to accommodate new technologies and treatments. - How to lower the costs of cell and other important therapies, and why this needs to happen.- Why resources like ClinicalTrails.gov need to be more abundant. - Examining why some patients respond better to gene therapy than others. - How to improve the process of getting the right drug to the right patient at the right time. - The impressive way that Dr. Hwu and his team utilize math, data aggregation, and LLMs. - Assessing the challenge of persistence in immunotherapy.- Inspirational stories of triumph from Dr. Hwu’s career. - Revisiting more ways to shorten the time to market for new technologies and therapies. - Playing piano for two bands, and other ways that Dr. Hwu lets off steam. - How he’s contributed to building an impressive biotech ecosystem in Florida. - Advice for potential immunotherapy scientists, and words of hope for families in therapy. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Tesla AI, Topical Gene Therapy & Roblox 17+ | The Brainstorm EP 03 ARK Invest 2023-06-28 | If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus discuss Tesla and Artificial Intelligence, Topical Gene Therapy, and a version of Roblox for ages 17 and up.To learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94For more updates on Public.com:Website: public.comYouTube: youtube.com/@PublicInvestTwitter: twitter.com/public
The Consequences of Taxes with Dr. Art Laffer ARK Invest 2023-06-26 | According to Dr. Arthur Laffer, since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. On today’s podcast, ARK CEO, CIO and Founder Cathie Wood is again joined by Dr. Arthur Laffer, a famed economist, well-known for his creation of “The Laffer Curve,” so Dr. Laffer and Cathie can discuss Laffer’s book, Taxes Have Consequences, in which Dr. Laffer provides a history of taxes and their impact on the United States economy. Dr. Laffer explains why he believes that a low rate broad-based flat tax, spending restraint, sound money, minimal regulations, and free trade are the answers to most of our economic problems. Key Points From This Episode:- An overview of Arthur Laffer’s new book, Taxes Have Consequences. - How the government finances taxation.- A history of income tax since 1913.- Defining characteristics of the Roaring Twenties. - The market collapse that occurred in 1929.- Similarities between the environment in 1929 and today.- How Art would structure the American tax system if he could.- Why stimulus spending hurts the economy.- Art’s thoughts on regulation.- Why Art is a strong proponent of developing free trade agreements with countries that the US currently has issues with.- What makes America different from the rest of the world.- The correlation between tax hikes and economic performance.- Why everyone benefits in a low rate broad-based flat tax system.- The role of taxes in the Great Depression. - Factors that Art attributes the high inflation levels to.- The importance of acting fast when it comes to changing policies around taxes.- How the pandemic has accelerated the migration to low tax states.- Interesting statistics about states like Texas, Florida and Tennessee.- Art’s thoughts on how to address poverty in the United States.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Programming Medicine with Dr. Jonathan Weissman ARK Invest 2023-06-22 | We are very excited to be joined today by one of the world’s leaders in scientific and biological research, Dr. Jonathan Weissman. After a breakdown of Jonathan’s professional background, we dive into CRISPR and how the genetic engineering tool can be used for drug development, disease discovery, and as a therapeutic treatment of its own. You’ll learn how our guest is using CRISPR in his lab and some of the solutions that he and his team have come up with for protein misfolding. Jonathan explains how his work has evolved beyond cancer, why he’s a fan of ex vivo lung perfusions (EVLPs), what needs to be done to bring new therapies and technologies to market quicker, and why he believes that there is no better time to be a young scientist than right now! Key Points From This Episode:- Introducing Dr. Jonathan Weissman and his professional background.- The idea of programmable medicine and how CRISPR fits into drug development. - Exploring the benefits and drawbacks of using CRISPR tools. - How Jonathan has been implementing CRISPR in his lab.- Why he thinks that his work is an important biological development. - CRISPR as both a tool for discovery and a therapeutic treatment of its own. - Our guest explains how we’ve evolved even beyond cancer. - Some of the problems of protein misfolding (and Jonathan’s solutions). - Taking a look at CRISPR delivery methods and how he sees these processes evolving. - The ins and outs of EVLPs and why our guest is excited by this topic. - What needs to be done to reduce the time to market for new therapies and technologies. - Why scientific outreach is important and why it’s an exciting time to be a young scientist. - Jonathan’s advice for future science leaders. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Reddits Blackout, LVMH + EPIC Games, Toyotas EVs, and Spot Bitcoin | The Brainstorm EP 02 ARK Invest 2023-06-20 | If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus discuss Reddit’s Blackout, Toyota’s Electric Vehicle Plans, LVMH + Epic Games, CRISPR Rice, and BlackRock Files Spot Bitcoin Fund.To learn more about ARK: https://arkinv.st/ARKInvest For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Apple WWDC, Tesla + GM, SEC Vs. Crypto | The Brainstorm EP 01 ARK Invest 2023-06-14 | If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we are sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we will be joined by special guests but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus discuss Apple's WWDC Conference, GM and Tesla's partnership on charging, and the SEC's lawsuits against Binance and Coinbase. To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Revolutionizing Logistics with Keller Rinaudo Cliffton ARK Invest 2023-06-08 | Reducing complexity, increasing speed, enhancing the user interface, reducing costs, reducing waste, enhancing equality, and saving lives; this is the mission of Zipline. Today on the show, we are joined by Keller Rinaudo Cliffton, the co-founder of the company on a mission to provide the world with an autonomous drone logistics system that is incomparable to any other delivery service on the planet. Despite the enormous amount of skepticism they were up against, Keller and his team chose to turn science fiction into reality. Through delivering blood to hospitals in Rwanda, Zipline has been able to reduce the maternal mortality rate by 88%, and they have flown over 40 million miles for commercial purposes. In this episode, Keller talks about the variety of challenges that have made the Zipline mission far harder than they anticipated, their humble approach to product development, and what this groundbreaking business model means for the future of logistics and human kind.Key Points From This Episode:- The motivation behind the founding of Zipline.- What Zipline’s first year of operations in Rwanda consisted of. - Why the assumption that uptake of advanced technology always occurs in developed countries first is incorrect.- How Zipline has expanded its service since its founding. - The alternative delivery options to Zipline (and why Zipline believes its service offers so much more value to its customers).- Statistics that highlight the impact that Zipline has had on the Rwandan healthcare system.- Skepticism that the Zipline idea was met with prior to its launch.- Why naivete can be an entrepreneurial superpower.- The number of autonomous miles that Zipline drones have flown for commercial purposes.- Obstacles that Keller and his team have had to overcome to get Zipline to where it is today.- An overview of the expertise on the Zipline team.- Zipline’s approach to product development.- How Zipline has helped to evolve aerospace regulations. - Reasons for the drastic increase in demand for instant delivery.- The problems with traditional delivery mechanisms and how Zipline is solving them.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
AI Training Cost Declines Could Lead To Explosive Growth Opportunities | ITK ARK Invest 2023-06-06 | On Episode 44 of "In The Know" (June 2), Cathie Wood weighed in on #AI cost declines. Full video: https://arkinv.st/3PdPbuH #shorts To learn more about ARK: https://arkinv.st/ARKInvestFor more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
The AI Revolution | ITK with Cathie Wood feat. Frank Downing & Will Summerlin ARK Invest 2023-06-03 | On episode 44 of "In the Know," (June 2, 2023) ARK CEO/CIO, Cathie Wood, is joined by ARK Director of Research: Next Generation Internet, Frank Downing, and ARK Venture Co-Lead and Analyst, Will Summerlin. Together they discuss all things artificial intelligence. Cathie also weighs in on money growth, the risks of deflation vs. inflation, and why we believe innovation will be perceived as a flight to safety.As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:00:45 - Artificial Intelligence feat. Frank Downing & Will Summerlin00:26:30 - Fiscal Policy00:27:47 - Monetary Policy00:39:39 - Economic Indicators00:42:31 - Market SignalsTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
The Future of Genetics in Pediatric Care with Dr. Caleb Bupp ARK Invest 2023-06-02 | Join us today for a conversation on the exciting progress and possibilities of genetics in pediatric care, with Dr. Caleb Bupp. Caleb is the Division Chief of Medical Genetics and Genomics at Spectrum Health and Helen DeVos Children's Hospital, and we get to hear from him about his path into this role, and how he first discovered his passion for helping young ones. Our guest comments on the central themes of parental communication, cost reduction, and genetic exceptionalism before we delve into some of the most noteworthy points of progress in the pediatric field at the moment. We look at the Project Baby Bear and Project Baby Deer programs, and the important impact that the speed and timing of results can have on the care of kids, with Caleb explaining the societal norms and expectations around genetics and engagement with these datasets. He also raises some concerns about access to care and shares an inspiring success story from the last few years, so make sure to tune in to get it all.Key Points From This Episode:- Caleb takes us through his career journey and the roots of his interest in genetics and pediatrics. - Reflection on the Concert Genetics Conference and Caleb's involvement.- Reducing costs and freeing up resources for more impactful care. - Thoughts on the intangible value of providing comprehensive patient information for parents. - Caleb weighs in on the topic of genetic exceptionalism.- Surprising recent developments in fields of genetics and pediatrics. - Potential challenges with the amounts of information that clinicians needs to process.- Experiences and progress with the Project Baby Bear program. - Caleb's recent paper and presentation on the work at Project Baby Deer. - The impact of earlier and faster intervention when treating children.- How more proactive and effective screening can affect general societal health. - Caleb shares the standout story of a patient with variants of uncertain significance and DFMO (difluoromethylornithine, a substance being studied in the treatment of cancer).- Applying the principals of drug repurposing to other scenarios. - Looking to the future and Caleb's hopes for the short and long-term of the pediatric space. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Building a Commercial Space Station with Amir Blachman and Michael López-Alegría ARK Invest 2023-05-25 | The International Space Station (ISS) is the largest human-made object in low Earth orbit and serves as a unique platform for scientific research and technological development. It was first made operational in the year 2000 and acts as a symbol of international diplomacy, demonstrating how countries can work together to achieve a common goal, despite political or cultural differences. And as the ISS enters its third decade of operation, it nears the end of its planned operational life, which is set for 2028, at the earliest. Joining us today to discuss the ISS, its incredible achievements, and its future are two leading figures from Axiom Space, Chief Information Officer Amir Blachman, and Chief Astronaut Michael López-Alegría. In our conversation, we discuss the plan to retire ISS and Axiom Space's role in transitioning to becoming a commercial space station. We learn about Ax-1, the first fully private astronaut trip to the ISS, led by Axiom Space, and what to expect from their second upcoming mission, Ax-2. Michael and Amir also provide insight into the founding of Axiom Space, the expert team that runs its operations, and the key factors that sets the company apart from its competitors. To learn more about Axiom Space, the history of the ISS, and the future of spaceflight, be sure to tune in today!Key Points From This Episode:- Introducing today’s guests, Amir Blachman and Michael López-Alegría.- An overview of the International Space Station (ISS) and its functions.- The ISS’s importance as a lab and as a symbol of diplomacy.- Why the ISS will eventually need to be replaced and how it should be done.- Axiom Space’s goal to build the world’s first commercial space station.- A breakdown of how Axiom Space plans to accomplish this.- How things have changed at the ISS in the past two decades.- Examples of how the ISS has benefited humanity.- Axiom Space’s role in transitioning the ISS into becoming a commercial space station.- The origins of Axiom Space and how they were chosen to be the partner for this project.- A rundown of Axiom Space’s business model for their commercial space station.- Some of the innovative ways that countries and companies are using the ISS.- Insights into Axiom Space’s user base and why they fly with them to the ISS.- The details of Ax-2, Axiom Space’s second upcoming mission to the ISS.- An overview of Ax-1, the first fully private astronaut trip to the ISS.- Takeaways from Ax-1 and how they conducted research.- How Ax-1 helped Space Axiom grow as a company.- Some of the research that will be conducted on the Ax-2 space mission.- Michael’s thoughts on the future of space travel for everyday people.- Insight into the factors that have helped make Axiom Space so successful in this field.- Hear Michael’s predictions of when we’ll see the first human on Mars.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Bettering Human Health Through Artificial Intelligence with Sean McClain and Joshua Meier of Absci ARK Invest 2023-05-22 | Drug development is an extremely expensive endeavor, in large part because of the 96% failure rate of clinical drug trials. However, the new frontier of medicine has arrived, and Sean McClain and Joshua Meier (respectively the Founder/CEO and Chief Artificial Intelligence (AI) Officer of Absci) are leading the charge. Absci is a public company harnessing generative AI to create more effective medicines faster and less expensively. During this episode, Sean and Joshua explain how their pooled approach to antibody production works, why they focus so heavily on data, the metrics they use to evaluate their models, and why they are certain that personalized medicine is going to be a reality in the future. There are countless possible mashups of AI and drug discovery, and Absci attempts to bring an innovative approach to biologics to positively impact human health!Key Points From This Episode:- Sean’s original idea behind the founding of Absci and how it has evolved into what it is today.- How Absci is making the process of drug creation much more efficient.- The career path that led Josh to Absci. - How antibodies are currently produced. - The most important aspects to consider when developing an antibody.- A high-level overview of how Absci generates data.- The number of AI-generated designs that Absci can validate in any given week.- Metrics that Absci uses to evaluate their models.- What humanization is in the context of antibody design.- Understanding Absci’s naturalness model. - A common problem in the AI field.- The potential for collaboration with Big Pharma.- How the models Absci is developing can be applied in different contexts.- Sean and Joshua’s thoughts on what the future of medicine is going to look like. - How AI is likely to change the way we approach scientific and technological developments.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Exploring Virtual Worlds with Yonatan Raz-Fridman from Supersocial ARK Invest 2023-05-18 | The concept of the metaverse has been around for decades, but recent advances in technology and the growing popularity of virtual worlds and online gaming have led to renewed interest in the idea. To help us unpack the nuance of the metaverse is Yonatan Raz-Fridman, the CEO and Founder of Supersocial, a metaverse enterprise building immersive digital experiences. Supersocial aims to pioneer the future of digital interactions, where people can seamlessly merge reality with fantasy and connect in ways that transcend physical boundaries. In our conversation, we unpack the complexity of the metaverse and its potential to shake up traditional commerce. We dive into the behavior shift happening around the metaverse and whether it'll be adopted by the current or next generation of users. Discover the opportunities Supersocial is creating and how virtual worlds can help businesses achieve brand recognition and create unforgettable branded experiences. We hear how virtual worlds are breaking down barriers within commerce, an example of a brand helping Supersocial innovate in the space, the power of user-generated content, and much more. Tune in to this enlightening episode as we unravel the potential of virtual worlds and the exciting future that lies ahead for individuals and businesses alike.Key Points From This Episode:- Background about Yon and why he decided to start Supersocial.- How Supersocial is different from a traditional gaming studio.- We discuss the future of virtual worlds and the ways video games will evolve.- The opportunities for innovation that Unreal Engine 5 provides.- An overview of the challenges associated with building virtual worlds.- Yon unpacks the behavior shift regarding the metaverse.- Whether the metaverse will be adopted by the current or next generation of users.- Why Minecraft has only been viewed as a video game and not as a platform.- Find out how virtual worlds can help brand recognition and branded experiences.- Bringing virtual worlds and traditional commerce together.- Hear an example of a brand that is leveraging the virtual space.- Ways customer relationship management is being redefined.- Discover the possibilities of the metaverse facilitating e-commerce virtually and physically.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Cathie Wood says this will determine the winners in AI ARK Invest 2023-05-16 | On Episode 43 of "In The Know" (May 5), Cathie Wood weighed in on #AI. #shorts Full video: youtube.com/watch?v=MQAVqjVCStcTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Robotics & Printing: Promoting A Manufacturing Revolution ARK Invest 2023-05-09 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Robotics and 3D printing can collapse time from development to production, shorten supply chain footprints, reduce waste, and lower costs. ARK estimates that manufacturing robots and 3D printing could scale at a ~80% annual rate during the next eight years, from $70 billion in 2022 to ~$9 trillion by 2030. Listen in as Tasha Keeney, ARK Director of Investment Analysis and Institutional Strategies, and Sam Korus, ARK Director of Research, Autonomous Technology & Robotics, explain more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Orbital Aerospace: Enabling Global Connectivity ARK Invest 2023-05-04 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Aerospace costs are declining, thanks to advancements in deep learning, mobile connectivity, sensors, 3D printing, and robotics. As a result, satellite launches and rocket landings are proliferating. In the coming decade, satellite broadband and hypersonic flight could generate annual revenues of ~$84 billion and ~$270 billion, respectively. Listen in as Sam Korus, ARK Director of Research, Autonomous Technology and Robotics, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
The Current State of Artificial Intelligence with James Wang ARK Invest 2023-05-04 | Scaling laws are as important to artificial intelligence (AI) as the law of gravity is in the world around us. AI is the empirical science of this decade, and Cerebras is a company dedicated to turning state-of-the-art research on large language models (LLMs) into open-source data that can be reproduced by developers across the world. In this episode, James Wang, an ARK alum and product marketing specialist at Cerebras, joins us for a discussion centered around the past and the future of LLM development and why the generative pre-trained transformer (GPT) innovation taking place in this field is like nothing that has ever come before it (and has seemingly limitless possibilities). He also explains the motivation behind Cerebras’ unique approach and the benefits that their architecture and models are providing to developers.Key Points From This Episode:- Why Cerebras attracted James.- James explains the concept of wafer-scale computing and why it is so advantageous in the AI space.- A historical overview of large language model (LLM) development.•- What James believes to be the most significant natural law that has been discovered in this century.•- Why Cerebras wants to get state-of-the-art LLM data into the hands of as many people as possible.- The Cerebras GPT law.- Looking towards the future of LLMs.- Standard practice when it comes to training an LLM (and the problems that developers have been battling for years).- The potential advantage of Cerebras CS2 chips and computers. - Understanding the concept of disaggregated architecture.- How the Cerebras approach differs from the approach taken by other companies (NVIDIA and Dojo, for example).- Cerebras offerings that are available to be used by the public.- The current GPU cloud shortage (and why this adds to the appeal of Cerebras software).- Why the progress being made in the GPT space is incomparable to developments that have come before it. - Potential directions that the world could be heading in as a result of AI developments (and why James is optimistic about it all).- The AI use case that is keeping James up at night.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Autonomous Logistics: Reshaping The Global Supply Chain ARK Invest 2023-04-28 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Autonomous logistics—including trucks, drones, and robots— should lower delivery costs and increase convenience. Based on our updated assumptions on pricing, ARK estimates that autonomous logistics revenue could scale from nearly zero today to $1-2 trillion by 2030. Autonomous delivery charges could range from $0.20 to $10 per trip. Listen in as Tasha Keeney, ARK Director of Investment Analysis and Institutional Strategies, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Investing in the Growth of Gaming with Joost van Dreunen ARK Invest 2023-04-27 | The gaming industry has seen massive innovations in the past two decades, from the rise of online gaming to the release of unprecedented virtual reality (VR) products. And in that time the industry has seen massive growth, going from an estimated $30 billion a year worldwide at the start of the twenty-first century, to generating an astounding $200 billion in 2022. Joining us today to discuss the business of gaming in 2023 is Angie Dalton, an advisor for ARK Invest and the CEO and Founder of Signum Growth Capital, and Joost van Dreunen, an academic, entrepreneur, and a well-known expert in the video game space. Tuning in you’ll hear a breakdown of how the gaming industry has developed over the past two decades, the ever-useful role of user-generated content in gaming, and how gaming studios are adapting to changes in the space. We take a look at how platforms and game engines like Roblox and Unity are making it easier than ever for users to generate content and how studios are leveraging amateur output to keep up with demand. Our conversation also covers how blockchain technology and Web3 could add value to the gaming space, the shifting relationship between gaming and other forms of entertainment, and the most promising use cases for VR and augmented reality (AR). To learn more about the fascinating business of gaming and upcoming developments in this space, be sure to tune in today!Key Points From This Episode:- Introducing today’s guests, Angie Dalton and Joost van Dreunen.- Joost’s expertise in gaming and his work as an academic, advisor, and entrepreneur.- How the gaming sector has grown and developed globally over the last two decades.- The history of user-generated content in gaming.- Why so much innovative gameplay comes from user-generated content.- How studios are leveraging user-generated content to keep up with demand.- The concept of forever games and how studios are shifting their models to build community and keep users engaged.- An overview of the elements driving the rising trend in user-generated content.- The shifting relationship between gaming and traditional entertainment, like television.- Why AAA games take so long to develop and Joost’s predictions for a more iterative release model.- Joost and Angie’s top takeaways from the latest Game Developers Conference (GDC).- How blockchain technology and Web3 could add value to the gaming space.- The drawbacks of the play-to-earn model in Web3 games.- Joost’s reservations when it comes to blockchain and Web3 applications in gaming.- Key problems in the gaming industry concerning the recognition of labor.- Navigating issues of copyright when it comes to user-generated content.- The concept of an open metaverse, interoperable virtual worlds, and how likely these scenarios are.- Our thoughts on Apple’s upcoming move to enter the VR space.- The strong case for enterprise applications when it comes to AR and VR.- Find out about Joost’s new venture Aldora.io and what they are currently working on.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Autonomous Ride-Hail: Scaling Toward Wide-Spread Commercial Adoption ARK Invest 2023-04-26 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Today, autonomous ride-hail services delight riders across ~15 cities internationally and should scale into widespread commercial adoption within the next ten years. Autonomous technology should reduce the cost of mobility to ~12% the average cost of human-driven ride-hail service today. ARK’s research suggests that global autonomous ride-hail platforms will create $14 trillion in enterprise value, based on $4 trillion in revenue during the next five years. Listen in as Tasha Keeney, ARK Director of Investment Analysis and Institutional Strategies, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
The Intersection of Video Games and Economics with Mythical Games CEO John Linden ARK Invest 2023-04-20 | The rise of Web3, blockchain, and non-fungible tokens (NFTs) has disrupted many industries, including video gaming. To help us unpack the role of Web3 in the video game industry is John Linden, CEO of Mythical Games, a game tech studio pioneering digital asset ownership, scarcity, and secondary markets. Their team creates products to drive consumer adoption of distributed ledger tech. John has a deep love for video games and a curiosity for exploring the potential of blockchain technologies. In our conversation, we talk about his approach to revolutionizing the future of gaming by integrating blockchain technology, rethinking game economics, and the intersection of traditional gaming and crypto. Learn how the industry has shifted in recent years, the opportunities of the Web3 space, the power of digital assets, converging technologies and concepts, and the tug-of-war between centralization and decentralization within the gaming industry. We discuss the Metaverse and interoperability, and hear about the exciting collaborations that Mythical Games is working on. Tune in and discover the future of gaming with John Linden!Key Points From This Episode:- Background about John and a brief history of Mythical Games.- How Mythical Games’ approach to game development differs from the traditional approach.- John shares his views on play-to-earn video games, and why the concept was not widely adopted.- The foundation of a good blockchain game and the role of digital assets.- Learn how Mythical Games is leveraging blockchain technology to disrupt the gaming industry.- Overview of the challenges game developers face in the Web3 space.- What makes Web3 video games different, and why blockchain is made for gaming.- Learn what is needed to build a successful open Metaverse for consumers.- Whether interoperability is a necessary component of the Metaverse.- He explains the road map for Mythical Games and how the concepts will not be limited to the video game industry.- Ways in which the Web3 space will be beneficial for streamers and influencers.- Hear about the exciting collaboration between the NFL and Mythical Games.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Electric Vehicles: Defying The Skeptics With Exponential Growth ARK Invest 2023-04-17 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Investors once questioned whether the future was electric. Demand for EVs has scaled despite a pause in cost declines caused by commodity price shocks. Now investors doubt whether or not the growth will be exponential. The debate around electric vehicles has shifted from demand to supply. Based on Wright’s Law, ARK forecasts that EV prices will decline and sales will increase more than 7-fold, or 50% at an annual rate, from roughly 7.8 million in 2022 to 60 million units in 2027. The biggest downside risks to our forecast are supply constraints that could continue to impact pricing and the speed at which traditional automakers transition to electric vehicles. Listen in as Sam Korus, ARK Director of Research for Autonomous Technology and Robotics, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Will The Other Shoe Drop? | ITK with Cathie Wood ARK Invest 2023-04-15 | On episode 42 of "In the Know," (April 14, 2023) ARK CEO/CIO, Cathie Wood, weighs in on M2 growth, interest rates, inflation, deflation and why we believe innovation will serve as a flight to safety.As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:00:45 - Welcome00:02:26 - Fiscal Policy00:05:01 - Monetary Policy00:21:23 - Economic Indicators00:30:25 - Market Signals00:40:00 - InnovationTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Crypto has been Thriving Amidst A Regional Banking Crisis and Regulatory Uncertainty: A Deep Dive ARK Invest 2023-04-13 | We are pleased to bring you the second edition of the ARK Crypto Brainstorm; a quarterly conversation between a rotating group of experts in the crypto space, The ARK Crypto Brainstorm is published through the For Your Innovation podcast channels and aims to be an informative and in-depth conversation on the current state of the ever-changing crypto landscape with experts offering diverse viewpoints.In the second edition of the ARK Crypto Brainstorm, ARK Crypto Lead Yassine Elmandjra and ARK CEO and CIO Cathie Wood hosted 7 leaders in the crypto space including:- Lyn Alden, macroeconomic investor with expertise in Bitcoin, is leading the conversation on the regional banking crisis and the Fed's decision-making amidst continued macro uncertainty.- Jeremy Allaire, CEO of Circle, the largest regulated stablecoin issuer, has successfully navigated the banking crisis while demonstrating a commitment to openness and transparency.- Paul Grewal, Chief Legal Officer at Coinbase, is at the forefront of advocating for greater regulatory clarity in the US and emphasizes the importance of creating an environment for crypto to flourish.- Caitlin Long, CEO and Founder of Custodia, is dedicated to building a regulatory compliant bridge between the traditional US financial system and cryptoassets.- Angie Dalton, CEO of Signum Capital, has built a strong relationship with US regulators, working with startups and protocols to outline a regulatory compliant path for operating in the US.- Chris Burniske, a partner at Placeholder Ventures, has highlighted the resilience of crypto fundamentals and why this is a compelling time to be an investor despite the uncertainty.- Michael Sonnenshein, CEO of Grayscale, is trailblazing the path to a US Bitcoin ETF approval, questioning some of the assumptions made by the SEC in its decision-making.Key Points From This Episode:00:00:00 - Intro00:04:47 - Paul and Cathie discuss the current state of the regulatory landscape surrounding cryptocurrencies00:09:48 - Lyn Alden provides a historical perspective on regulation00:18:57 - What Jeremy is hearing from his recent trips to Washington DC on crypto regulation00:22:22 - The potential for a Bitcoin ETF, and Grayscale’s relationship with the SEC00:27:41 - How the FTX collapse may have set the industry back in the eyes of the US government00:34:38 - Michael Sonenshein’s optimistic point of view on regulators idea of crypto 00:40:06 - Caitlin’s view that regulators are unwilling to make progress in passing significant regulation in the next few years00:49:36 - Chris compares digital assets to water00:50:13 - Cathie and Yassine transition the conversation to the Regional Banking Crisis00:58:35 - Caitlin highlights the inherent illiquidity many banks currently have and what problems that might cause01:04:56 - Lyn offers her end game scenario if the Fed continues to be hawkish 01:13:22 - Chris highlights the clear differences between the banking system and cryptocurrencies like Bitcoin and Ethereum01:20:42 - Coinbase’s latest product launches including Wallet and Base01:24:20 - How Bitcoin has responded to the recent regional bank crises01:27:33 - We go around the horn and ask: What would our guests like to see happen this year?More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Bitcoin: A Durable Network ARK Invest 2023-04-12 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023We believe Bitcoin’s long-term opportunity is strengthening. Despite a turbulent year, Bitcoin has not skipped a beat. Its network fundamental s have strengthened and its holder base has become more long-term focused. Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, auditability, and transparency. The price of one bitcoin could exceed $1 million in the next decade. Listen in as Yassine Elmandjra, ARK Crypto Lead, and David Puell, ARK Research Associate, explain more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Public Blockchains: Gaining Traction In The Midst Of Crisis ARK Invest 2023-04-07 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023In 2022, the contagion from Terra/LUNA, Three Arrows Capital, Celsius, and FTX/Alameda wiped out ~$1.5 Trillion in crypto market capitalization. Despite the severe downturn, public blockchains continue to foster The Monetary, Financial, And Internet Revolutions. The long-term opportunity for Bitcoin, DeFi, and Web3 is strengthening.Cryptocurrencies and smart contracts could command $20 trillion and $5 trillion in market value, respectively, during the next ten years. Listen in as Yassine Elmandjra, ARK Crypto Lead, and Frank Downing, ARK Director of Research: Next Generation Internet, explain more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Could Bitcoin’s Price Reach $1,000,000? With Balaji Srinivasan and Cathie Wood ARK Invest 2023-04-06 | On March 17, 2023, Balaji Srinivasan wrote a tweet thread that started with a simple, shocking bet that the price of one Bitcoin would reach $1,000,000 in the next 90 days. Balaji is an American entrepreneur and investor. He was the co-founder of Counsyl, the former Chief Technology Officer of Coinbase, and former general partner at the venture capital firm Andreessen Horowitz. ARK CEO and CIO Cathie Wood agrees that the price of a Bitcoin could reach $1M, but ARK’s prediction on when this might happen is very different. In today’s episode, Cathie and Balaji discuss their current and future outlook on the United States and global economies, the cryptocurrency ecosystem and their reaction to the recent volatility surrounding the regional banking crisis.Key Points From This Episode:- An introduction to Balaji and his prediction that Bitcoin could reach $1M in the next 90 days- Cathie sets up her initial argument that we are in a deflationary environment- What we can learn from Argentina; when it was printing money while simultaneously raising interest rate- Balaji argues that there are only three true currency pairs in the world today- Balaji’s belief that there is a desire to exit the American financial system and that the financial system itself is inherently hard to predict- Cathie shares her thesis that that the velocity of money is starting to flatten- The potential for a “hard landing” in the economy- How the recent regional banking crisis effects Cathie and Balaji’s predictions on inflation- Balaji compares the Federal Reserve (Fed) Funds rate to Bitcoin’s issuance schedule- How the 1980s compare to today in terms of inflation and interest rates- Cathie provides a brief history on the guiding force behind Fed policy- What could potentially happen to the use cases of Bitcoin should it rapidly increase in value- Balaji’s belief that the world is running backwards in time but that the outcome will be different - Why consumers have started to move money away from banks and instead have focused their attention on trying to earn yield on their money- Why today’s economic events could be considered black swan events- Balaji states that we may not have a widespread bank crisis, but instead we could specifically have a central bank crisis- The potential that the Fed could be looking at the wrong indicators- How the very existence of Bitcoin might defeat Keynsian economists theories at their core- Why deflation might be a good thing for Blockchain technology- Why Balaji believes states should continue to support cryptocurrencies"Fiat currency", as referred to in this podcast, means traditional, government-issued currency, such as the US dollar.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Big Ideas 2023 | Digital Wallets: Disintermediating Traditional Banking ARK Invest 2023-04-05 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Having onboarded billions of consumers and millions of merchants, digital wallets could transform the economics associated with traditional payment transactions, saving them nearly $50 billion in costs. With 3.2 billion users, digital wallets have penetrated 40% of the global population. ARK research suggests that the number of digital wallet users will increase 8% at an annual rate, penetrating 65% of the global population by 2030. As consumers and merchants adopt digital wallets, the usage of traditional checking accounts, credit and debit cards, and direct merchant accounts should decline, disrupting traditional payment intermediaries. Cutting out middlemen, digital wallets could facilitate closed-loop transactions for more than 50% of their payment volumes, potentially adding $450 billion to the current $1 trillion in digital wallet enterprise value by 2030. Listen in as Max Friedrich, ARK Analyst and ARK Venture Co-Lead, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Gene Therapy Could Cure Cancer with Professor Waseem Qasim ARK Invest 2023-03-29 | Gene therapy is gaining momentum as a noteworthy adversary to cancer, and we are thrilled to be joined today by one of the pioneers of immune system-based treatments. Professor Waseem Qasim applies his craft at the UCL Great Ormond Street Institute of Child Health, which is notorious for being the largest concentration of children’s health research in Europe. Professor Qasim explains why he pursued a career in gene therapy, how three patients and technological advancements formed the basis of his groundbreaking treatments, what he thinks about autologous and allogeneic therapies, and what he has to say about his work being linked with a cure for cancer. We learn about the rapid advancement of medical technology, how accessible this technology is to disadvantaged communities, why pricing gene therapies is a slippery slope, and the factors that could lead to a cost reduction in Prof. Qasim’s treatments. To end, our guest shares advice on how to merge foundational research and practical applications, why the health industry needs to do more in supporting foundational research, and what Prof. Qasim thinks about the advent of artificial intelligence (AI) in medicine. Key Points From This Episode:- Introducing today’s guest, Professor of Cell and Gene Therapy, Waseem Qasim.- What led Prof. Qasim to focus on developing gene therapies for genetic disorders in children.- The story for Leila Richards’s groundbreaking gene-edited cell therapy. - How technological innovations have paved the way for successful gene therapies. - The details behind Prof. Qasim’s second highly-publicized success story: Alyssa. - More about his lesser-known patient who bridged the gap between Leila and Alyssa. - Our guest explains the quality assurance process before cells are reentered into the body.- What he thinks about autologous cell therapies versus allogeneic ones. - Prof. Qasim reacts to his work being described as synonymous with a cure for cancer.- What he thinks about the radical progression of health technology and whether it will continue to advance at such blinding speed. - How accessible this advanced technology is and will be to disadvantaged communities.- Why one size does not fit all when it comes to costing and pricing gene therapies.- Exploring the factors that could reduce the cost of Prof. Qasim’s treatments. - Some advice on how to blend the worlds of foundational research and practical application. - The role that the health industry should be playing in supporting foundational research. - Our guest’s thoughts on the use of AI in new medical technologies and techniques. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Big Ideas 2023 | Smart Contract Networks: Enabling Financial And Internet Revolutions ARK Invest 2023-03-28 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023In the aftermath of catastrophic failures of centralized crypto intermediaries last year, automated self-executing contracts on decentralized public blockchains offer the alternative of transparent and non-custodial financial services.Decentralization is proving more critical to maintaining the original value proposition of public blockchain infrastructure.According to ARK’s research, as the value of tokenized financial assets grows onchain, decentralized applications and the smart contract networks that power them could generate $450 billion in annual revenue and reach $5.3 trillion in market value by 2030. Listen in as Frank Downing, ARK Director of Research: Next Generation Internet, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Banking Crisis & Crypto | ITK with Cathie Wood and Dr. Art Laffer ARK Invest 2023-03-24 | _Recorded on March 23, 2023._On episode 41 of "In the Know," ARK CEO/CIO, Cathie Wood, is joined by her mentor, former professor, and advisor to ARK Investment Management LLC, Dr. Art Laffer. Famous for the Laffer Curve, Art is an economist and was named one of Time’s Greatest Minds of the 20th Century.Together, Cathie and Art dive into the recent banking crisis and the world of cryptoassets.We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:00:46 - Banking Crisis00:33:45 - CryptoTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Digital Consumers: Transitioning To Online Leisure ARK Invest 2023-03-20 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023In 2022, digital leisure spending* totaled $6.6 trillion and, during the next eight years, should grow 17% at a compound annual rate to $22.5 trillion adjusted for inflation. Four trends should contribute to its growth:Connected TV (CTV): Roughly 85% of US households have access to at least one CTV, but the CTV ad market is only 23% the size of total US TV ad budgets. In our view, CTV is at an inflection point and will take share from both linear TV and other digital ad budgets.New Social Platforms: Nearly 40% of Gen Z consumers prefer to search on TikTok and Instagram over Google Search and Maps. Social platforms with the best recommendation engines should command the majority of ad budgets, with content-based social media likely outperforming follow-and-feed social media.Sports Betting: Despite macro headwinds, consumer demand for sports betting remains strong. Legalization of online/mobile sports betting should continue to catalyze growth.Gaming: The convergence of video games and social media should sustain gaming revenue growth. Video games should provide end-to-end virtual entertainment that rivals physical experiences.*We define digital leisure spending as the sum of consumer expenditures on leisure-related goods and services purchased online, NFTs, online sports betting, video game software and services, streamed video, and streamed audio. We only estimate online sports betting volume generated in Canada and the US. Listen in as Nicholas Grous, ARK Associate Portfolio Manager and Andrew Kim, ARK Research Associate, explain more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Bringing Sports Betting to Web3 with Draft Kings Co-Founder Matt Kalish ARK Invest 2023-03-16 | Please note: as of 2/28/23, ARK’s clients own greater than 1% of the shares outstanding of Drafkings Inc.Fantasy sports and sports betting are now well-known and developed markets that serve hundreds of millions of people, and today’s guest has found a way of bringing the two into the Web3 space. We are joined by the Co-Founder of DraftKings, Matt Kalish, as he gives us a sense of the moments surrounding his company’s venture into daily fantasy and mobile sports betting. Then, we learn about DraftKings NFT game Reignmakers, how it’s pushing new frontiers in Web3, how it works, and how it stacks up against other daily fantasy products. We also hear about how players and league associations have received DraftKings, as well as some key insights into some of the partnerships they have formed. Our guest explains his perspective on Web3 interoperability and the transfer of utility, why DraftKings chose to partner with Polygon, what he and his team hope to achieve in the next five years, and what excites him the most about the Web3 space. At the end of today’s episode, Matt gives us his assessment of his Boston Celtics season so far and why he thinks they are real title contenders. Key Points From This Episode:- An introduction to the Co-Founder of DraftKings, Matt Kalish. - Matt’s professional background and how he became a founding member of DraftKings.- When they launched their daily fantasy product and how they got into mobile sports betting.- How DraftKings is pushing new frontiers in Web3 with Reignmakers. - The way Reignmakers matches up to daily fantasy products, and how it works.- How players and leagues have received DraftKings, and the partnerships they’ve formed.- What Web3 interoperability means to Matt and his thoughts on the transfer of utility. - Why DraftKings chose to work with Polygon. - What Matt and his team hope to achieve in the next five years. - How the introduction of NFTs in fantasy sports has impacted private betting behavior.- What excites Matt the most about exiting the NFT winter and the Web3 space as a whole. - Matt’s thoughts on the Boston Celtics season so far and where he thinks they’ll end up. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Big Ideas 2023 | Precision Therapies: Expanding Medicine to Treat & Cure Disease ARK Invest 2023-03-15 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools are improving the productivity of knowledge workers—~2x in the case of AI coding assistants.AI training cost declines continued at an annual rate of 70%, the cost to train a large language model to GPT-3 level performance collapsing from $4.6 million in 2020 to $450,000 in 2022. We expect cost declines to continue at a 70% rate through 2030.AI should increase the productivity of knowledge workers more than 4-fold by 2030. At 100% adoption, AI could increase global labor productivity ~$200 trillion, dwarfing the ~$32 trillion in total knowledge worker salaries. Listen in as Ali Urman, ARK Analyst, explains more!To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Molecular Diagnostics: Transforming Biological Signals Into Better Patient Outcomes ARK Invest 2023-03-13 | Download ARK's Big Ideas 2023 Report here: ark-invest.com/big-ideas-2023Next-generation sequencing (NGS) costs have collapsed, making molecular diagnostic tests more feasible and turbocharging our understanding of tumor biology.By leveraging artificial intelligence (AI), cancer diagnostics labs have created less invasive tests like liquid biopsies to supplement tissue biopsies.As proof of clinical utility accumulates, ARK estimates that the total addressable market (TAM) for molecular cancer diagnostic tests in the US is ~$95 billion, its revenue increasing more than 20% annually during the next five to ten years, from ~$5 billion in 2022 to $24 billion in 2030. Moreover, the collective enterprise value of molecular cancer testing companies should expand at a similar rate from ~$30 billion in 2022 to $145 billion in 2030. Listen in as Simon Barnett, ARK's Director of Research: Life Sciences, explains more. To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Is The Fed Listening? | ITK with Cathie Wood ARK Invest 2023-03-11 | On episode 40 of "In the Know," (March 10, 2023) ARK CEO/CIO, Cathie Wood, weighs in on M2 growth, the Biden budget proposal, cryptoassets, and why recent banking failures should be a wake-up call for policy makers.As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:00:00 - Intro00:00:45 - Welcome00:02:55 - Fiscal Policy00:08:21 - Monetary Policy00:31:04 - Economic Indicators00:33:26 - Market Signals00:37:57 - InnovationTo learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
The Evolution of the Construction Industry with Noah Ready-Campbell from Built Robotics ARK Invest 2023-03-09 | Robotics are both deeply tied to artificial intelligence (AI) and machine learning (ML), and also somewhat distinct in its practicality and material application. Built Robotics is a great example of this duality, and in today's conversation with the CEO and Co-Founder of the company, Noah Ready-Campbell, we hear about how the company is positioning itself in relation to current construction industry needs and also for the wave of possibilities in the near future. Noah talks about the process of transition to autonomy, comparing other related sectors such as transportation, the strong bonds Built Robotics has created with the burgeoning solar power space, and also his belief in the capability of automation to aid us in constructing a better world. We discuss the refining of machine learning models, safety and security at Built Robotics, the need for supervision, and other sectors that the company might move into in the future. So to hear it all from Noah in this insightful chat, make sure to join us.Key Points From This Episode:- The history of Built Robotics, the initial hypothesis, and their focus in the last few years.- Noah talks about what they offer their clients in the construction business. - Renewable energy and solar power; why Built Robotics has found a good fit in this space. - Unpacking the usual costs of construction and how Built Robotics' prices compare with this.- The sensor suite at Built Robotics; computers, cameras, GPS, and more. - Noah's perspective on the question of autonomy and the trajectory of the construction industry. - Thoughts on safety and regulation, and the eight-layer safety system in place at Built Robotics.- Considering the limits on how fast and efficiently the machine is and will be able to operate. - Necessary supervision and the possibility of the complete removal of human involvement. - The skills involved in the utilization of machine capabilities. - Noah shares the comparisons of efficiency and work hours between human labor and robotics. - The vision for Built Robotics, and Noah's ambitions around longevity. - Factory integration of machines and where Built Robotics system is headed. - The elements of Built Robotics that make sense to outsource. - Noah's expectations for the company to move into sectors beyond construction. - The influence and impact of the latest wave of AI advancements on the company. - The importance of the Inflation Reduction Act on the construction industry. - Noah talks about the robotics possibilities he is most excited about currently. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Flying into a New Age in Travel with Dirk Hoke of Volocopter ARK Invest 2023-03-07 | Urban air modality is coming to life a lot faster than we may expect, and joining us today is the CEO of Volocopter, Dirk Hoke, to discuss their new Electric Vertical Take-Off and Landing (eVTOL) vehicle service launching in 2024. Tuning in, you’ll hear all about how Dirk joined Volocopter, the different aviation authorization bodies and why they’re important, the aviation safety regulations in testing new aircraft, mistakes companies are making, and the global regulators’ reaction to new technology. Dirk talks us through how Volocopter is designed, why it is designed the way it is, and how it will change urban air modality over the next decade. You’ll also hear about the hurdles they are facing, their hopes for their launch, and the cost of these models. Autonomy is not a technological issue but is rather an issue of certification and public support and in this episode, Dirk highlights the importance of recognizing that air taxi travel is going to happen much sooner than we think. Tune in now to hear about this exciting innovation.Key Points From This Episode:- An introduction to today’s guest, Dirk Hoke. - What led Dirk to join Volocopter. - Dirk explains the importance of the aviation authorization bodies, Federal Aviation Administration (FAA) and International Aviation Aviation Assessment (IASA).- Why you can only have a serious problem in civil airspace after one billion operational hours. - How to ensure safety when creating an aircraft. - What makes this such a rigorous process and the mistakes he sees other companies making.- How global regulators have reacted to the huge wave of new technology being created. - Why air traffic management needs to go through the next step of digital transformation. - Dirk tells us why Volocopter is designed the way it is. - Dirk explains how this model will change flying in the next decade. - The price structure dynamics in this industry. - What discussions are being had about increasing landing sites. - How congestion is changing and why we need new modalities without waiting for new roads.- How and why the business model for making aircrafts has changed. - Why Dirk wants President McCall to launch the product at the 2024 Paris Olympics. - The hurdles Volocopter is facing as they journey to commercial launch. - Why one design cannot cope with all the requirements of all the different markets. - Why autonomy isn’t a technological issue but rather an acceptance and certification problem. - Why humans will be used in the loop of automated air travel for quite a while. - The importance of understanding that air taxis will fly sooner than we think they will. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Big Ideas 2023 | Artificial Intelligence: Creating the Assembly Line for Knowledge Workers ARK Invest 2023-03-05 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools are improving the productivity of knowledge workers—~2x in the case of AI coding assistants.AI training cost declines continued at an annual rate of 70%, the cost to train a large language model to GPT-3 level performance collapsing from $4.6 million in 2020 to $450,000 in 2022. We expect cost declines to continue at a 70% rate through 2030. AI should increase the productivity of knowledge workers more than 4-fold by 2030. At 100% adoption, AI could increase global labor productivity ~$200 trillion, dwarfing the ~$32 trillion in total knowledge worker salaries. Listen in as Frank Downing, ARK Director of Research: Next Generation Internet, and William Summerlin, ARK Analyst & Co-Lead, ARK Venture, explain more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Big Ideas 2023 | Technological Convergence: Creating the Potential for Super Exponential Growth ARK Invest 2023-03-02 | Download ARK's Big Ideas 2023 here: ark-invest.com/big-ideas-2023According to ARK’s research, five innovation platforms are converging to create unprecedented growth trajectories. Artificial Intelligence is the most important catalyst, its velocity cascading through all other technologies. The market value of disruptive innovation platforms could scale 40% at an annual rate during this business cycle, from $13 trillion today to $200 trillion by 2030. In 2030, the market value associated with disruptive innovation could account for the majority of the global equity market capitalization. Listen in as Brett Winton, ARK Chief Futurist, explains more.To enlighten investors on the long-term impact of innovation, we began publishing Big Ideas in 2017. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. We hope you enjoy Big Ideas 2023!To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/Instagram Disclosure: http://arkinv.st/39rzF94
Discussing Our Exact Sciences Valuation ARK Invest 2023-02-16 | Today, Tasha Keeney sits down with Simon Barnett to talk about ARK's valuation of Exact Sciences and to share our outlook about the company's trajectory in the next five years. Exact Sciences is the cancer testing company that has brought to market both Cologuard and Oncotype. This conversation covers the prominence and acceptance of these two testing franchises, Exact Sciences' product leadership, Exact’s recent performance in the market, the models that ARK has developed for gauging the company's outlook, and the areas of risk that investors should be aware of. One of the main focuses of today's chat is what Exact Sciences' progress symbolizes in terms of the future of the cancer treatment field, with Simon making an argument for why he sees them holding onto their market-leading position for the foreseeable future. We also spend some time at the end of the episode considering what this means for healthcare and individual wellbeing in general, so make sure to catch it all in this episode of For Your Innovation! Please refer to the Exact Sciences valuation article for a more comprehensive explanation of ARK's model, including its risks and limitations, here: ark-invest.com/articles/valuation-models/ark-exact-sciences-model-2027Key Points From This Episode:- Introducing Exact Sciences and its two biggest testing franchises: Cologuard and Oncotype.- Valuation of Exact Sciences and how ARK has approached creating these models. - Calculations for the price target of the company. - Sales and marketing at Exact Sciences and the positive brand recognition they have built.- Benchmarks for analyzing companies like Exact Sciences. - Comparing ARK's process and view on Exact Sciences to other opinions in the market. - How the lowered price of genome sequencing has affected the outlook for the market. - The route to the aggregate gross margin structure for Exact Sciences. - Qualitative elements that matter most to ARK; how Exact Science fits into our rubric. - Alignment between the expectations of Exact Science's management and our estimations.- A look at the three main areas of risk: competition, time, and financing. - Simon explains how thesis risk applies to the healthcare space.- Thoughts on the company's net income and cash flow in the near future - Reasons to be excited about the next few years in the healthcare space. More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Powering the Next Generation of Games with Justin Hulog ARK Invest 2023-02-09 | Video games have grown massively over time, commanding more and more leisure time for people all around the world. As video game popularity has grown, so has the use cases and popularity of blockchain technology and these two worlds are beginning to merge more frequently with blockchain based platforms for video games. To help us unpack this nuanced subject is Justin Hulog, Chief Studio Officer at Immutable X, a non-fungible token (NFT) minting and trading platform for video game developers. Justin has a wealth of experience as a general manager, operations leader, and people strategist, and mainly focuses on the intersection of strategy and organization to solve problems. In our conversation, we talk about how Immutable X started, the different sides of the business, details about his role, and what the company provides developers. We then delve into designing sustainable in-game economies, how to potentially leverage blockchain technologies, the idea of cost versus utility, and how to sustain a game’s user base. Hear about the different taxonomies of the space, balancing the business side and the developer side, the play-to-earn era, the silver lining of the recent crypto bear market, and much more. Tune in to discover how blockchain technology could be revolutionizing the video game industry!Key Points From This Episode:- Background about Justin and his current role at Immutable X.- A brief overview of Immutable X and the underlying blockchain technology.- The challenges that developers face working with blockchain-based platforms.- How in-game blockchain-based economies are different.- Details about the design approach at Immutable X.- Ways in which the market and monetizing games have changed.- The important underlying utility: making a fun game.- Justin unpacks the different layers of a digital asset.- How the out-of-game experience provides another platform for design.- An overview of the exciting new possibilities of blockchain-based video games.- What makes Immutable X different from the competition.- An outline of the essential role the in-house development team plays.- Justin shares his outlook on blockchain-based video games.More FYI Podcasts: ark-invest.com/podcastsTo learn more about ARK: ark-invest.com For more updates, follow us on:Twitter: https://arkinv.st/3corDiYLinkedIn: http://arkinv.st/1f7AiVXFacebook: http://arkinv.st/3r4EDOUInstagram: http://arkinv.st/39td8bODisclosure: http://arkinv.st/39rzF94More FYI Podcasts: ark-invest.com/podcasts
Big Ideas 2023 | ITK with Cathie Wood ARK Invest 2023-02-04 | On episode 39 of "In the Know," (February 3, 2023) ARK CEO/CIO, Cathie Wood, weighs in on M2 growth, interest rates, inflation, auto sales, and bitcoin. Additionally, she highlights ARK's Big Ideas 2023. This year's report includes: Artificial Intelligence, Molecular Diagnostics, Orbital Aerospace, Technological Convergence, and much more. Download the report here: ark-invest.com/big-ideas-2023As always, she discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.00:47 - Intro01:45 - Fiscal Policy02:52 - Monetary Policy12:51 - Economic Indicators23:40 - Market Signals29:07 - Innovation & Big Ideas 2023To learn more about ARK: ark-invest.com For more updates, follow us on:- Twitter: https://arkinv.st/Twitter- LinkedIn: https://arkinv.st/LinkedIn- Facebook: https://arkinv.st/Facebook- Instagram: https://arkinv.st/InstagramDisclosure: http://arkinv.st/39rzF94
