{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"ARK Invest Big Ideas 2024 Report - AI, Robotics, Sequencing, Energy & Blockchain - AZ TRT S05 EP16 (231) 4-21-2024","description":"ARK Invest Big Ideas 2024 Report - AI, Robotics, Sequencing, Energy & Blockchain AZ TRT S05 EP16 (231) 4-21-2024    What We Learned This Week: ARK Invest Big Ideas Report 2024 by Cathie Wood & Team Topics: AI, Robotics, Sequencing, Energy, & Blockchain Impact on technology, economy, & people\u2019s lives Disruptive Innovation will be the driving force in society     Topics: AI, Robotics, Sequencing, Energy, & Blockchain   From ARK Invest Website: The Big Ideas report is a comprehensive study of disruptive technologies, with more than 160 pages of analysis. To learn more about the research, you can visit here.     https:\/\/ark-invest.com\/big-ideas-2024 BIG IDEAS 2024       Technological Convergence: Catalyzed by breakthroughs in artificial intelligence, the global equity market value associated with disruptive innovation could increase from 16% of the total[1] to more than 60% by 2030. As a result, the annualized equity return associated with disruptive innovation could exceed 40% during the next seven years, increasing its market capitalization from ~$19 trillion today to roughly $220 trillion by 2030. 60% The Global Equity Market Value Associated With Disruptive Innovation Could Increase To 60% By 2030 Artificial Intelligence: Scaling Global Intelligence And Redefining Work The convergence of hardware and software could drive AI training costs down by 75% at an annual rate through 2030. 75% AI Training Costs Should Continue To Fall 75% Per Year Bitcoin Allocation: Growing The Role Of Bitcoin In Investment Portfolios During the last seven years, bitcoin\u2019s annualized return has averaged ~44%, while that of other major assets has averaged 5.7%. 44% During The Last Seven Years, Bitcoin\u2019s Annualized Return Has Averaged ~44%. Bitcoin In 2023: Demonstrating Resilience And Recovery After Challenges In 2022 In 2023, bitcoin\u2019s price surged 155%, reaching $827 billion in market cap. $827B Bitcoin Reached $827 Billion In Market Cap In 2023 Smart Contracts: Powering The Internet-Native Financial System If financial assets were to migrate to blockchain infrastructure at a rate similar to the adoption of the internet, and the take rates associated with decentralized financial services were a third those of traditional financial services, smart contracts could generate annual fees of more than $450 billion. $450B Smart Contract Networks Could Generate Fees Of $450 Billion In 2030 Digital Consumers: Transitioning Toward Digital Leisure According to ARK\u2019s research, spending on digital leisure should take share from physical options and grow 19% at an annual rate during the next seven years, from $7 trillion in 2023 to $23 trillion in 2030. $23T Spending On Digital Leisure Could Reach $23 Trillion In 2030 Digital Wallets: Closing The Loop With Two-Sided Networks According to ARK\u2019s research, closed loop consumer payments, merchant banking, and employee payroll\/payments will increase select vertical software platforms' revenues by 22-33% at an annual rate during the next seven years, from $7 billion in 2023 to $27-$50 billion in 2030.[2] $27B+ Digital Wallets Could Grow Select Vertical Software Platforms' Revenues to $27-$50 Billion In 2030 Precision Therapies: Curing Disease More Efficiently And Less Expensively Based on ARK's research, the enterprise value of companies focused on precision therapies could appreciate 28% at an annual rate during the next seven years, from ~$820 billion in 2023 to ~$4.5 trillion by 2030. $4.5T The Enterprise Value Of Companies Focused On Precision Therapies Could Reach $4.5 Trillion By 2030 Multiomic Tools & Technology: Translating Biological Insights Into Economic Value According to ARK\u2019s research, multiomic tools and technology could reduce research and development (R&D) spending per drug by more than 25%. 25% R&D Spending Could Decline By More Than 25% Thanks To Multiomic Tools And Technology Electric Vehicles: Lower Battery Costs Powering EV Adoption ARK forecasts that electric vehicle sales will scale 33% at an annual rate during the next seven years, from roughly 10 million in 2023 to 74 million in 2030. 74M EV Sales Could Reach 74 Million In 2030 Robotics: Generalizing Automation Thanks To The Convergence Of AI Software And Hardware As hardware and software costs decline according to Wright\u2019s Law, AI should continue to improve productivity and create a new market opportunity for generalizable robotics that, at scale, exceeds $24 trillion in revenue annually. $24T Generalizable Robotics Represent A $24+ Trillion Global Revenue Opportunity Robotaxis: Transforming Urban Transit Safely And Affordably According to ARK\u2019s research, robotaxi platforms could redefine personal mobility and generate $28 trillion in enterprise value during the next five to ten years. $28T Robotaxi Platforms Could Create $28 Trillion In Enterprise Value In 2030 Autonomous Logistics: Reducing Costs And Reshaping Supply Chains According to ARK\u2019s research, autonomous delivery revenues could scale from essentially nil today to $900 billion in 2030. $900B Global Autonomous Delivery Revenue Could Reach $900 Billion by 2030 Reusable Rockets: Opening Outer Space For Business According to ARK\u2019s research, satellite connectivity revenues could reach $130 billion in 2030, still just a fraction of the roughly $2 trillion in telecommunications revenue. $130B Satellite Connectivity Revenues Could Exceed $130 Billion Per Year In 2030 3D Printing: Reshaping Manufacturing According to ARK\u2019s research, 3D printing revenues could scale ~40% at an annual rate during the next seven years, from ~$18 billion today to ~$180 billion in 2030. $180B 3D Printing Revenues Could Grow ~40% At An Annual Rate To $180 Billion By 2030         Article - Report Summary:   ARK Invest 2024 Big Ideas The ARK Big Ideas 2024 report is titled 'Disrupting the Norm, Defining the Future' and it highlights 15 big ideas, which are:  Technological Convergence - The global equity market value associated with disruptive innovation could increase to 60% by 2030. Artificial Intelligence - Scaling global intelligence and redefining work: AI training costs should continue to fall 75% per year. Smart Contracts - Powering the internet-native financial system, smart contract networks could generate fees of $450bn in 2030. Digital Wallets - Digital wallets could grow select vertical software platforms' revenues to $27-$50bn in 2030. Robotics - Generalizing automation, thanks to the convergence of AI software and hardware. Generalizable robotics represent a $24 trillion-plus global revenue opportunity. Digital Consumers - Transitioning toward digital leisure, where spending could teach $23 trillion in 2030. Electric Vehicles - Lower battery costs powering adoption mean EV sales could reach 74 million in 2030. Robotaxis - Robotaxi platforms could create $28 trillion in enterprise value in 2030. Multiomic Tools & Technology - Translating biological insights into economic value: R&D spending could decline by more than 25%, thanks to multiomic tools and technology. Reusable Rockets - Satellite connectivity revenues could exceed $130bn per year in 2030. Autonomous Logistics - Global autonomous delivery revenue could reach $900bn by 2030. Bitcoin Allocation - Growing the role of bitcoin in investment portfolios. During the last seven years, bitcoin's annualized return has averaged around 44%. Bitcoin in 2023 - After challenges in 2022, bitcoin's price surged 155% last year, reaching $827 billion in market cap. Precision Therapies - Curing disease more efficiently and less expensively. The enterprise value of companies focused on precision therapies could reach $4.5 trillion by 2030. 3D Printing - Revenues could grow 40% at an annual rate to $180bn by 2030.   Summary Source: https:\/\/www.zdnet.com\/article\/15-big-ideas-that-will-revolutionize-industries-and-economies-led-by-ai\/ 15 big ideas that will revolutionize industries and economies, led by AI These innovations will change business during the next decade and beyond, according to ARK Invest, and AI will play a significant role.   Written by Vala Afshar, Contributing Writer   2\/2024     Alternate Summary Article: https:\/\/www.cmcmarkets.com\/en\/opto\/ark-invests-big-ideas-for-2024-key-takeaways Digest: ARK Invest\u2019s Big Ideas for 2024 - Key Takeaways   By OPTO     23 Feb 2024       ARK Invest Performance \u2013 past ARK v NASDAQ https:\/\/finance.yahoo.com\/quote\/ARKK\/performance\/ 2023               67.64%           21.37% 2022               -66.97%         -27.79% 2021               -23.38%         13.05% 2020               152.82%        39.26% 2019               35.58%           32.52%       Tech Topic: https:\/\/brt-show.libsyn.com\/category\/Tech-Startup-VC-Cybersecurity-Energy-Science   Best of Tech: https:\/\/brt-show.libsyn.com\/size\/5\/?search=best+of+tech     Investing Topic: https:\/\/brt-show.libsyn.com\/category\/Investing-Stocks-Bonds-Retirement     \u2018Best Of\u2019 Topic: https:\/\/brt-show.libsyn.com\/category\/Best+of+BRT     Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain \/ Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more\u2026    AZ TRT Podcast Home Page: http:\/\/aztrtshow.com\/ \u2018Best Of\u2019 AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https:\/\/www.economicknight.com\/azpodcast\/ KFNX Info: https:\/\/1100kfnx.com\/weekend-featured-shows\/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.   ","author_name":"AZ Tech Roundtable 2.0","author_url":"https:\/\/brt-show.libsyn.com\/","html":"