On February 25th, Cathie Wood, known as “Wood Sister,” posted that Citrini’s “thought piece” on artificial intelligence shocked the financial markets yesterday. However, Ark Invest predicts that AI will trigger explosive growth in entrepreneurship, significant productivity improvements, faster real GDP growth, and inflation much lower than expected. If individuals can leverage powerful AI tools to solve problems and create new markets, short-term chaos and setbacks will eventually give way to enormous opportunities. Previously, research firm Citrini Research released a report introducing the concept of a “global intelligence crisis,” warning that AI could lead to “bottoming out” competition for knowledge-based jobs and disrupt the industry and credit chains built around white-collar productivity. The report caused a sharp decline in US software stocks on Monday.
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Wood Sister: Do not agree with Citrini's "End of Day Report" view, firmly believe that AI will bring low inflation and high GDP growth
On February 25th, Cathie Wood, known as “Wood Sister,” posted that Citrini’s “thought piece” on artificial intelligence shocked the financial markets yesterday. However, Ark Invest predicts that AI will trigger explosive growth in entrepreneurship, significant productivity improvements, faster real GDP growth, and inflation much lower than expected. If individuals can leverage powerful AI tools to solve problems and create new markets, short-term chaos and setbacks will eventually give way to enormous opportunities. Previously, research firm Citrini Research released a report introducing the concept of a “global intelligence crisis,” warning that AI could lead to “bottoming out” competition for knowledge-based jobs and disrupt the industry and credit chains built around white-collar productivity. The report caused a sharp decline in US software stocks on Monday.