CandleFocus Ark Invest's Bitcoiner Cathie Wood Makes Stunning AI Prediction
2024-10-02
Author: Content Editor
Renowned investor Cathie Wood, CEO of Ark Invest, praised the transformative potential of artificial intelligence (AI) in a recent tweet. She shared a white paper written by Ark's Chief Futurist, Brett Winton, which discusses AI's current development, rapid expansion, and its potential to catalyze innovation in various sectors such as autonomous mobility and disease curing. Wood is also a prominent supporter of Bitcoin and has made bullish price predictions for the cryptocurrency, suggesting it could reach $600,000 by 2030 or even $1.5 million if a bullish scenario unfolds. This outlook aligns with investor Robert Kiyosaki's prediction that Bitcoin could reach $500,000 by 2025 and $1 million by 2030, as he believes AI will disrupt the finance industry. At present, Bitcoin is trading at $61,360.
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