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