The short version

Cathie Wood predicted on February 23, 2024: “Assuming there will be a 4.5x increase in worker productivity through 2030, and that the vendors of AI software can capture 10% of the value their software generates, ARK estimates the total addressable market of AI applications will be $13trn in 2030.” Verdict: Too early to tell. Filed for tracking. Outcome to be…

Prediction by

Cathie Wood

On February 23, 2024

“Assuming there will be a 4.5x increase in worker productivity through 2030, and that the vendors of AI software can capture 10% of the value their software generates, ARK estimates the total addressable market of AI applications will be $13trn in 2030.”

Follow-up

Filed for tracking. Outcome to be evaluated as the timeline plays out.

From the High Caliber AI network — see the AI for PR module in the course.