ARK Investment Management believes that technological innovation, particularly in artificial intelligence (AI) and blockchain, can play a crucial role in revitalizing the global economy. The firm's five innovation platforms, including AI and blockchain, are predicted to have a significant impact on macroeconomic metrics over the next five to ten years. ARK's CEO and CIO, Catherine Wood, asserts that the convergence of these technologies will drive substantial growth and diversify the market. The firm emphasizes the importance of AI and blockchain technologies in driving productivity growth, creating new products and services, and mitigating margin pressures caused by declining pricing power and inflationary trends. ARK's Next Generation Internet ETF outperformed global equity indices during Q3 due to holdings in companies like Tesla and Palantir Technologies. ARK believes that as supply shocks trigger inflation, AI and blockchain advancements will facilitate the transition to disinflation and potentially deflation. The firm argues that investing in AI and blockchain is strategically important in the current economic context, as these innovations can drive economic recovery and reshape market forces.



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