Moonshots with Peter Diamandis The Coming Bitcoin Surge w/ Cathie Wood | EP #88
13 snips
Feb 29, 2024 
Cathie Wood, founder of ARK Invest, shares her insights on the future of investing in disruptive technologies. She dives into Bitcoin's transformative role as a new asset class and how it fits into a decentralized global economy. The discussion also highlights the convergence of AI, robotics, and biotechnology, with predictions about a super exponential growth era ahead. Additionally, Cathie explores the impact of AI on traditional investment strategies and the need for innovative thinking in an evolving financial landscape.
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Passive Investing and Misallocation of Capital
- Passive investing dominates the financial world, leading to a massive misallocation of capital.
- Benchmarking against indexes discourages investments in future technologies.
The Challenge of Exponential Thinking
- People struggle with exponential thinking, hindering their ability to recognize technological advancements.
- Past experiences, like the tech bubble, further reinforce linear thinking.
Teachers' Perceptions of the Future
- Peter Diamandis shared that two-thirds of teachers at his children's school thought the world was better 40-50 years ago.
- Only two believed children's lives would improve in the future.
