👤 Cathie Wood’s ARK has stated that the market value of disruptive innovation platforms could scale 40% annually during this business cycle, from $13 trillion today to $200 trillion by 2030. In 2030, the market value associated with disruptive innovation could account for the majority of the global equity market capitalization, it stated.
Brett Winton, Chief Futurist and ARK Venture Investment Committee Member, noted in his research that artificial intelligence is the most important catalyst, its velocity cascading through all other technologies.
He named five converging innovation platforms that define this technological era: Public Blockchains, Artificial Intelligence, Multiomic Sequencing, Energy Storage and Robotics.
The converging innovation platforms involve 14 investable technologies undergoing steep cost declines, impacting multiple sectors, and serving as launching pads for more innovation, Winton wrote.
ARK also noted that improvements in battery capacity and energy dens...
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