Deep Learning x $30 Trillion

That’s a HUGE number! – ARK Investment Management LLC believes #deeplearning will create $30T of value over the next 15-20 years. Ark Invest is one of the finance industry’s most interesting money managers. Led by Cathie Wood — who predicted that Tesla would be a trillion-dollar company when it was valued at only ~$40B (it’s worth ~$796B today) — the firm is known for its unique investing approach.

Ark just released its closely watched Big Ideas 2021 report…
… and the top prediction this year is that deep learning (DL) — an “AI function that mimics the workings of the human brain in processing data” — will create $30T in market value in the next 15-20 years. Think computers writing software for: OpenAI, GPT-3, Amazon, Facebook, Google, self-driving cars, drug discovery and the list and democratization of AI goes on.

Yes, $30T is a HUGE number (equal to ~15 Apple‘s) and to be taken as a #futurist prediction, but the trends are there. #imagine#ai#artificialintelligence#innovation

Posted on March 4, 2021 in Artificial Intelligence, Innovation, Leadership, Technology, Trends

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Michael Chase - a true hybrid – part doctor, part strategist, part data monkey, part creative director, part global growth hacker (when you're doing bic pen tracheotomies you still have to think of EBITDA) and through and through an innovator.

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