

Cathie Wood on What Comes Next in AI and Big Tech
134 snips Mar 11, 2025
Cathie Wood, the visionary founder and CEO of ARK Investment Management, shares her insights on the turbulent tech landscape. Despite a steep drop in stocks like Nvidia, she remains optimistic about AI and transformative technologies. Wood anticipates a resurgence reminiscent of the Reagan era for investors. She discusses the promising potential of healthcare innovations and Tesla's game-changing strategies in autonomous driving. Additionally, she addresses the challenges and opportunities within active equity management and long-term investment in AI-driven sectors.
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Open-Source AI
- DeepSeek impressed experts like Sam Altman and Jensen Huang, despite initial questions about its development cost.
- Its open-source nature, like Meta's LLM, fosters competition and accelerates AI advancements.
AI's Modest Macro Impact
- Despite the impressive capabilities of current AI tools, their macro impact on productivity, employment, or specific sectors is still modest.
- This suggests a lag between technological advancement and its broader economic effects.
AI and Productivity
- AI is boosting productivity but its impact is hard to measure, potentially affecting hiring practices more than layoffs.
- Reduced coding jobs might reflect increased engineer productivity, but entrepreneurs are still developing new applications for AI.