Reported 1 day ago
Cathie Wood, CEO of ARK Invest, emphasizes that artificial intelligence is driving transformative investment opportunities across various sectors amidst market uncertainty. In a recent webinar, she highlighted AI's significant impact on healthcare, autonomous driving, and software development, forecasting that AI could lead to a considerable economic growth acceleration over the next five years. Wood believes advancements like Tesla's robotaxis will enhance safety and lower transportation costs, while AI is revolutionizing drug discovery in healthcare, drastically increasing efficiency and reducing development times and costs.
Source: YAHOO