Cathy Woods, the CEO of Ark Invest discusses and predicts the future of Artificial Intelligence (AI) and Bitcoin (BTC). In a recent video, Cathy Woods addressed the topic of the leading crypto asset Bitcoin (BTC) and growing Artificial Intelligence (AI). She is of the view that the convergence of Bitcoin and Artificial intelligence can revolutionize the future and can evidence explosive growth in the coming time.
Convergence of BTC and AI at S-Curve
In a recent video of Ark Invest, Cathy Woods highlights the possibilities of S-Curve adoption by Bitcoin (BTC) and Artificial Intelligence (AI). S-Curve is a math-based graphical representation which shows the trend or adoption rate of newly introduced technology or a product.
Cathy Woods shares that both AI and BTC are about to hit the S-Curve, at the point where the maximum adoption rate exists. She suggests that such convergence would act as a catalyst for the demand for AI and BCT. According to the S-Curve trend, initially, new products or technologies start at a slow rate and develop themselves. And after a while, they get momentum and demand with the passage of time.
She added that ARK’s first convergence was also unique of its kind as it converged with Tesla. Cathy exemplifies ARK’s convergence with Tesla to emphasize the fact that that convergence boosted both technological and investment firms.
She clarified that Tesla isn’t just an auto company but is based on three significant innovation platforms. First is robotics, second is the unique energy storage and utilization and third is the artificial intelligence. All vehicles are robots and electric cars offer the least expensive energy solution. AI technology is also used for autonomous taxi platforms.
About Ark Invest
Ark Invest has been entirely devoted to managing the exchange-traded funds since its launch in 2014. Ark Invest’s group has boosted the technological world and crypto space due to its dynamic support for technological innovations and investment solutions for investors.
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