What Cathie Wood Sees in the Future for Technology, Innovation

Wood's success with her investments over time, despite a recent decline in her Ark Innovation ETF, has investors watching her every move and listening to her comments. People want to know what the next move will be.
Five innovation platforms that are currently evolving and converging at the same time, Wood said, are artificial intelligence, robotics, energy storage, DNA sequencing and blockchain technology.
"All of them are on exponential growth trajectories and are converging with each other," Wood told Hayes.
Over the next 10 years, Wood said she believes the market cap associated with the five platforms that include 14 transformative technologies will scale at a 30% compounded annual rate of return.
The five platforms are expected to have increased equity market returns from a total $13.7 trillion in 2020 to a projected $202.6 trillion in 2030.
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