Tech Super Bull Kathy Wood is making huge losses. Going slow and slowing down clearly isn’t an option for the head of Arc Invest, which is now issuing a powerful forecast.
,@ARKInvest We should share more research about #artificial intelligence (AGI) and how it is likely to change the way the world works. Within 6-12 years, success in AGI can increase from 3-5% per annum to 30-50% per annum in GDP. New DNA wants to win! https://t.co/RxVp8K4IK4
— Cathy Wood (@CathieDWood) 22 May 2022
Reality and the present are not very editable these days. There are reports of declining buying and e-commerce sales from Goldman Sachs giants Blankfein and Elon Musk, as well as fears of a recession. But now Kathy Wood is predicting the hammer once again. It tweeted that breakthroughs in general artificial intelligence “could increase economic growth from 3 to 5 percent per year to 30 to 50 percent per year” within the next 6 to 12 years.
We also see great opportunities for increasingly Nvidia chips and AI applications, as AI experts and users have repeatedly confirmed. However, as discussed in the current program on AKTIONÄR TV, such ark forecasts should be treated with caution and an increase of this magnitude is simply impossible.
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internet of robots
Nvidia boss Jensen Huang also drew attention with his Vision 2021. He wants to build a network of billions and trillions of intelligent devices in the next few years. “Combined with artificial intelligence, this Internet will be a thousand times bigger than the human Internet of today.”
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Notice of conflict of interest:
Bernd Fortsch, CEO and majority owner of publisher Borsenmedian AG, holds positions, directly and indirectly, on the following financial instruments mentioned in the publication or related derivatives that benefit from any value developments as a result of the publication: Nvidia.
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