Ark Invest's Bitcoiner Cathie Wood Makes Stunning AI Prediction

This document was written by Ark’s Chief Futurist Brett Winton, and it addresses current AI development, its quite fast expansion and the potential of this technology, as well as what it can achieve in the future.

Cathie Wood has referred to AI as “the most transformative technology in history and the biggest catalyst to other innovation platforms.” These platforms in the future, she believes, are likely to work in spheres like “autonomous mobility and multiomics sequencing in the quest to cure diseases.”

In ARK’s view, AI is the most transformative technology in history, and the biggest catalyst to other innovation platforms like autonomous mobility and multiomics sequencing in the quest to cure diseases. Great paper from @wintonARK, ARK’s Chief Futurist! https://t.co/IPV7eouQAT

— Cathie Wood (@CathieDWood) October 2, 2024

AI bots have been quickly expanding recently, rolling out numerous updates. The most famous ones so far are ChatGPT, created by OpenAI; Midjourney and Grok – ChatGPT’s rival – developed by Elon Musk’s xAI start-up. Microsoft has also launched its AI called Copilot, and Apple is working on AI products as well.

Cathie Wood: Bitcoin to $1.5 million

This price outlook coincides with one made by investor and the author of the popular book on finance management, “Rich Dad Poor Dad,” Robert Kiyosaki. In a recent tweet, speaking about the book called “GPT Money” authored by Jim Richard, which is about to be published, Kiyosaki said that AI was going to disrupt the finance industry greatly.

At the time of this writing, Bitcoin is changing hands at $61,360.