Gate News Report, March 17 — Cathie Wood, Chief Investment Officer of ARK Invest, stated that artificial intelligence has already increased labor productivity and will bring even more significant gains over the next decade. Non-farm sector productivity has grown by 2.8% year-over-year, but the adoption of new AI tools is expected to boost this growth rate to around 6% annually. She said the productivity boost from large language models is astonishing, and even skeptics within the company are “very surprised” by their performance. Wood pointed out that revenue growth among leading AI model providers is very strong, with Anthropic’s annual revenue reaching $19 billion, and OpenAI’s revenue increasing from $20 billion to $25 billion. She stated, “In the next five to ten years, we expect to achieve revenue growth from nearly zero to $10 trillion to $12 trillion. This will have a significant impact on gross domestic product.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
