FYI - For Your Innovation

On this episode of FYI, ARK Multiomics analyst Nemo Marjanovic sits down with Professor George Church, a renowned geneticist and entrepreneur from Harvard. They discuss the evolution of genomic sequencing technologies, the intersection of genomics and blockchain for privacy, and the fascinating potential of DNA for data storage. They delve into multiomic approaches for enhanced biological understanding, the transformative impact of artificial intelligence (AI) in medical advancements, and George's groundbreaking research on aging. Key Points From This Episode:* Evolution of genomic sequencing: from short to long reads* Balancing privacy with blockchain in genomics* The potential of DNA as a universal data storage medium* Advancements and challenges in writing DNA for data encoding* The growing importance and integration of multiomic approaches* How AI and high-throughput screening revolutionize drug discovery* Insights into startups from George's lab leveraging machine learning and multiomics* Revolutionary research on aging: targeting multiple pathways simultaneously* The concept of protective gene therapies against all viruses* Emerging technologies in genome synthesis and developmental biology

Are we at a precipice for nuclear energy development? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Autonomous Tech & Robotics Research Associate Daniel Maguire to discuss energy development and the regulations that are plaguing it, as well as recent shifts in the EV industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Regulations are slowing nuclear energy development* The EV landscape is changingFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce ...

On this episode, CEO and CIO Cathie Wood and Chief Investment Strategist Charlie Roberts sit down with entrepreneur Peter Diamandis to explore the forefront of healthcare innovation, artificial intelligence (AI), and the evolving role of digital assets like bitcoin. Diamandis, known for his contributions to space exploration, longevity, and breakthrough technologies, shares his insights on extending the health span, the transformative potential of genome sequencing, and the convergence of AI and robotics in shaping our future. With a keen eye on the financial markets and investment trends, he also delves into the resurgence of bitcoin and its positioning as a foundational layer of the new wave of money. Join us as Peter offers a compelling look at why he believes the future is brighter than we think, underscored by the rapid pace of innovation and the opportunities it presents for a healthier, wealthier, and more technologically advanced world.Key Points From This Episode:* Differentiating healthcare from sick care and the focus on health span extension* The significance of genome sequencing and editing in longevity and health* Peter Diamandis' journey in longevity, mentioning various technological advances* The potential and implications of AI, robotics, and their convergence in future technologies* Discussion on the financial markets, investment trends, and the impact of biotech* Insights into Bitcoin's resurgence and its role as a digital financial layer* The debate on the pace of AI development and ethical considerations* Future predictions for AI applications and the transformative potential of Bitcoin* Reflections on the importance of investing in innovation and the future's technological landscape

Are we at a pivot point for the gaming industry? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Next Generation Internet Director of Research Frank Downing to discuss the recent NVIDIA announcements as well as shifts in the gaming industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* NVIDIA announces exciting new AI related products* Gaming may be having it's "YouTube moment"For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

On this episode of FYI, hosts Nemo Marjanovic and Charles Roberts speak with Professor Dr. Michael Snyder, a leading figure in genomics and personalized medicine. The discussion traverses Snyder's work in genomics, systems biology, and the utilization of wearables for health monitoring. Professor Snyder outlines the potential of comprehensive multiomics analysis and artificial intelligence (AI) in predicting and preventing diseases, emphasizing the integration of lifestyle modifications and technology in extending human longevity. The conversation also covers the challenges and future directions of personalized medicine, offering insights into remote monitoring, longitudinal health tracking, and the critical role of data in transforming healthcare from reactive to proactive."Wearables...measuring you 24/7...We realized they're pretty powerful health monitors...and they'll measure way more than that...seeing shifts. We put too much emphasis on absolute value." -@SnyderShotKey Points From This Episode:*  Professor Snyder's journey into genomics and the inception of systems biology* Genomics in medicine: predictive and preventive care* The role of AI and machine learning (ML) in unraveling complex genetic diseases* Leveraging wearables for continuous health monitoring and disease prediction* The importance of longitudinal data in understanding individual health trajectories* Remote monitoring and micro-sampling: the future of healthcare* Impact of lifestyle choices on health and disease prevention* The potential of the human cell atlas and spatial methods in pathology* Challenges of integrating comprehensive omics data into clinical practice* The vision for a future where healthcare is personalized, predictive, and preventive

We are one step closer to Mars! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Research Associate Lorenzo Valente to discuss Ethereum's new Dencun upgrade as well as the recent launch of the SpaceX Starship.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Ethereum's Dencun upgrade* SpaceX Starship launchFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

On this episode of "For Your Innovation," we engage with Don Burnette, founder and CEO of Kodiak Robotics, to explore their journey and aspirations of autonomous trucking. With insights into Kodiak's unique approach to overcoming the industry's challenges, the episode delves into the technological advancements and strategic partnerships that propel the company forward. Emphasizing proprietary data's pivotal role and innovative strategies for safety and redundancy, the conversation sheds light on how Kodiak is navigating the future of transportation. This episode offers a glimpse into the readiness of autonomous trucking technology for deployment, potentially starting a new era of efficiency and safety on the roads."Our trucks can drive almost 24/7, whereas manually driven trucks are limited by hours of service. So, each driver is limited to about 11 hours per day. But on average, trucks are only moving in a useful way for about seven hours per day. So, the trucks are very underutilized today and we can nearly triple that asset utilization, which allows the companies to effectively triple their revenues. For the same number of assets, right?" - @don_burnetteKey Points From This Episode:* Introduction to Don Burnette and Kodiak Robotics' mission in autonomous trucking* The evolution of Don's career from Google to founding Kodiak Robotics* Discussion on the importance of proprietary data in advancing autonomous trucking* Kodiak's approach to real-time perception over traditional mapping for navigation* Highlighting the significance of Kodiak's 2.5 million miles of driverless data* The role of partnerships in developing and deploying autonomous trucking solutions* The strategic advantage of not relying on predefined maps for route navigation* Kodiak's innovative strategies for safety and redundancy in driverless technology* The impact of AI advancements on Kodiak's autonomous driving technology* Future outlook and the readiness of autonomous trucking technology for deployment

Rivian has resurrected Steve Job's "One More Thing..." This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss the launch of not one, not two, but three new Rivian's as well as Starlink's new direct-to-device service.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Rivian Launches Three New Vehicles* Starlink Has a New Direct-to-device ServiceFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

This episode of FYI features a compelling conversation with former NBA stars turned tech investors Andre Iguodala and Evan Turner. Hosted by ARK CEO and CIO Cathie Wood, the discussion traverses their journey from the basketball court to the boardroom, shedding light on their transition into venture capital. Both guests share insights into the importance of financial literacy, leveraging their sports platform to influence and engage in tech startups, and the significance of mentorship and networking in navigating the venture capital space. Their stories reflect a broader narrative on the convergence of sports, innovation, and entrepreneurship, highlighting how athletes increasingly become pivotal figures in the tech ecosystem.Key Points From This Episode:* Early curiosity and intellectual pursuits* Transitioning from competitive teammates to lifelong friends and business partners* Challenges and stereotypes faced as young professional athletes* The journey from the basketball court to the venture capital arena* The significance of mentorship and financial literacy in their careers* Emphasis on community impact and responsible investment* Exploration of tech startups and the value of education in their ventures* The role of networking in accessing venture capital opportunities* The importance of leveraging their platform for tech engagement* Reflections on personal growth and the impact of their investments

Who will win the AI race? This week, Nick and Sam are joined by ARK's Chief Futurist, Brett Winton, as they review current competitors within the AI space and expose some downsides and advantages to various platforms.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* AI is set to dramatically boost worker productivity* A discussion around Klarna's new assistant* Google faces challenges innovating in the AI spaceFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Luke Dashjr: Founder and CTO, OCEAN, Core DeveloperTrey Kelly: Founder, Chairman and CEO, GRIIDSteve Barbour: Founder and CEO, Upstream DataJohn Stefanopolous: Founder, FutureBitBenjamin Yi: Executive Chairman, Riot PlatformsYassine Elmandjra: Director of Digital Assets, ARK Invest Cathie Wood: Founder, CEO and CIO, ARK InvestRod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode:00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests00:08:41 What makes bitcoin so unique and what makes bitcoin mining so essential?00:18:30 What are mining pools and why do they exist in the first place?00:27:15 The pace of innovation in bitcoin and bitcoin mining, especially in regard to energy consumption00:33:54 Why bitcoin mining is at the convergence between energy and money00:40:49 How bitcoin mining is more about optimizing energy use than it is about earning bitcoin00:47:21 Exploring why so many questions are asked about the energy consumption of bitcoin00:54:29 Bitcoin mining may be able to decrease the end balances that energy rate payers are charged00:59:33 What does the future of bitcoin mining look like?01:08:01 Bitcoin mining represents massive convergences across industries and the digital and physical worldsLinks Mentioned in this Episode:Learn more about Bitcoin Park: bitcoinpark.com

In this episode of For Your Innovation, Ali Urman chats with Ben Lamm, CEO of Colossal, about the groundbreaking venture aimed at resurrecting extinct species, starting with the woolly mammoth. Lamm shares insights into his journey from tech to biotech, highlighting the fusion of artificial intelligence (AI), automation, and genetic editing to challenge the boundaries of science and conservation. He delves into the ecological and scientific ramifications of bringing back extinct species and addresses the technological, regulatory, and ethical challenges faced along the way. Join us as we explore how Colossal is not just redefining de-extinction but also contributing significantly to conservation efforts and genetic research."I don't have a background in biology. My background is in finance and accounting. And then I've always been passionate about starting businesses. And I've always just been massively curious. And it's funny, my massive curiosity kind of led me to the mammoth" -@federallammKey Points From This Episode:* Ben Lamm discusses transitioning from tech entrepreneurship to biotech with Colossal* Colossal aims to bring the woolly mammoth back from extinction, inspired by George Church* Convergence of AI, automation, and biotech in de-extinction and conservation efforts* FormBio: A spin-off providing AI tools for cell and gene therapy, aiding in biotech research* The role of computational biology and gene editing in reconstructing extinct species* The potential ecological benefits of reintroducing extinct species like the woolly mammoth* Colossal's involvement in conservation efforts and genetic rescue, beyond de-extinction* Challenges and advancements in xenotransplantation and disease resistance in wildlife* Regulatory considerations for biotech innovations in de-extinction and gene editing* Lamm's admiration for innovative minds like George Church, breaking barriers in science

Bitcoin has some haters. This week, Associate Portfolio Manager Nick Grous is joined by Research Analyst Andrew Kim and Research Associate David Puell as they discuss Walmart's plans within the connected TV space and the European Central Bank's criticism of Bitcoin. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Walmart Plans to acquire Vizio* The European Central Bank criticizes BitcoinFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

In this episode of For Your Innovation, ARK CEO and CIO Cathie Wood and Fintech Analyst Andrew Kim engage with Anthony Noto, CEO of SoFi, to dive deeply into SoFi's evolution from a student loan refinancing entity to a comprehensive financial services conglomerate. They explore the pivotal role of technology in shaping financial experiences, SoFi's strategic growth initiatives, and its mission to democratize financial services. They illuminate SoFi's innovative approach to integrating services like investment, loan, and savings products on a single platform, emphasizing the vision to empower individuals financially."Building trust is the only thing standing between us and being the best. We won't stop until we're there." – @anthonynoto Key Points From This Episode:* Evolution of financial markets and the impact of technology* SoFi's growth from a student loan company to a comprehensive financial platform* Role of artificial intelligence (AI) and machine learning (ML) in enhancing customer service and fraud detection* SoFi's approach to creating a diversified financial services ecosystem* The importance of building trust and brand recognition in the financial sector* Launch of alternative investment vehicles on SoFi Invest* Exploring why Anthony Noto knew he needed to purchase the rights to a stadium* The concept of democratization in financial services and its future implications* Galileo's role in SoFi's ecosystem as a technology platform for banking services* Anthony Noto's reflections on SoFi's journey and future innovation opportunities

Replay everything you have ever seen, said, or heard with RewindAI. This week, Associate Portfolio Manager Nick Grous is joined by Research Analyst Andrew Kim, and together they interview RewindAI CEO Dan Siroker. In the interview, they discuss RewindAI's unique mission to overcome the limitations of the human mind, and to redefine artificial intelligence assistants. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* RewindAIFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/publicFor more on RewindAI: https://www.rewind.ai/

On this week's edition of FYI we are featuring the February 2, 2024 edition of In The Know. On this edition, ARK CEO and CIO Cathie Wood is joined by ARK Chief Futurist, Brett Winton. Together, they discuss technological convergence, artificial intelligence, and give a sneak peak into this year's Big Ideas Report, which you can download here: https://ark-invest.com/big-ideas-2024This month we’re again responding to a few requests by supplementing this episode with charts and data to help illustrate ARK’s perspective on and outlook for the global economy.As always, Cathie discusses fiscal policy, monetary policy, market signals, economic indicators, and innovation. We hope you find this monthly series useful, especially during periods of heightened volatility. Stay Healthy. Stay Innovative.Key Points From This Episode* Converging Technologies Are Generating A Historic Technological Wave* AI Serves As The Central Technology Catalyst * AI Is Accelerating Faster Than Forecasters Anticipated* Discontinuous Changes In Macroeconomic Growth Are The Norm, Thanks To Technology* Technological Innovation Could Be Disruptive Enough To Dominate Global Equity Market Capitalizations* The Cost Of Authoring The Written Word Has Collapsed* Monetary Policy* M2 Money Supply vs. CPI: Year-over-Year* Federal Funds Rate vs. YoY Headline CPI* Real Federal Funds Target Rate* Yield Curve 10 Year Treasury Yield Minus 2 Year* New Tenant Rent Index* WCI Composite Container Freight Benchmark Rate* Global Supply Chain Pressure Index (GSCPI)* Bloomberg Commodity Index* Metals/Gold Ratio vs. US 10 Year Treasury* Bitcoin To Gold Ratio (Log)* Investment Grade and High Yield Index Credit Default Swaps

$7 trillion for an AI chip? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Chief Futurist Brett Winton and Multi-Omics Analyst Ali Urman. Together they discuss Sam Altman's plan to raise $7 trillion for an AI chip, and drug pricing.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* $7 Trillion AI Chip* Fear and Regulation in AI* Drug PricingFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

A full review of the Apple Vision Pro! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss the new Apple Vision Pro, Meta's VR and AI ambitions and Tesla in ARK's Big Ideas 2024.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Apple Vision Pro* Meta's VR and AI* Tesla in Big Ideas 2024For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Senator Cynthia Lummis: Senator, WyomingPerianne Boring: CEO and Founder, Chamber of Digital CommerceEric Balchunas: Senior ETF Analyst, BloombergAlex Thorn: Head of Research, Galaxy DigitalOphelia Snyder: Co-Founder and President, 21SharesYassine Elmandjra: Director of Digital Assets, ARK Invest Cathie Wood: Founder, CEO and CIO, ARK InvestRod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode:00:00:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests00:05:01 Cathie sets the stage for what led to the eventual approval of the bitcoin ETF00:10:34 Why a bitcoin ETF can be a bridge between the traditional financial world and the world of innovation and digital assets00:17:30 What made the launch of bitcoin ETFs different from any other ETF launch in history00:19:59 Will the launch of bitcoin ETFs lead to fast tracking policy around digital assets in general?00:29:11 Senator Lummis outlines the impact Sam Bankman-Fried is still having on digital asset legislation in the Senate00:38:51 The impact education makes on the cryptocurrency industry as a whole00:45:20 Why did so many assets flow to bitcoin ETFs in the first few weeks, when bitcoin has existed since 200800:55:32 What are some of the trade-offs of using a bitcoin ETF to gain exposure to the asset rather than bitcoin itself00:57:03 Comparing the impact the Federal Reserve can have on the equity market to how decentralized bitcoin and the Bitcoin network is01:06:00 Why has bitcoin been so resilient in the face of controversy01:10:30 How popular will bitcoin ETFs end up being?Links Mentioned in this Episode:Learn more about Bitcoin Park: bitcoinpark.comParker Lewis book, Gradually Then Suddenly: https://academy.saifedean.com/product/gradually-then-suddenly-hardcover/Learn more about Senator Cynthia Lummis: https://www.lummis.senate.gov/

On today’s episode of FYI, ARK CEO and CIO Cathie Wood and ARK Advisor Angie Dalton interview Commissioner Caroline Pham from the Commodity Futures Trading Commission (CFTC). The episode explores the intricacies of digital asset regulation and the CFTC's role in overseeing derivatives markets. Commissioner Pham shares her extensive background in both the public and private sectors, touching on the evolution of financial regulations, crypto's impact on traditional markets, and the potential of blockchain technology. Key discussions include the CFTC's bipartisan structure, its approach to crypto regulation, and insights into the interplay between technology, finance, and regulation. This episode provides a unique perspective on the balance between innovation and regulation in the rapidly evolving digital asset landscape.“There's no good version of AI, nor evil. It's just technology, and why not study it and use it and see if you can deploy it if it's going to make sense for you and your clients, your stakeholders, and your investors.” – Commissioner Caroline PhamKey Points From This Episode:* Introduction of Commissioner Caroline Pham and her role at the CFTC.* Pham's disclaimer clarifying her personal views do not represent the CFTC.* Overview of the CFTC's structure and comparison with the SEC.* Discussion of the derivatives market and its vast scope.* Pham's background, including her work during the financial crisis and with Dodd-Frank Act.* Insight into the regulatory treatment of Bitcoin and other cryptocurrencies.* Pham's career journey from the public to the private sector, focusing on financial regulation and compliance.* Exploration of blockchain technology's potential in various sectors beyond finance.* Commissioner Pham highlights the integration of blockchain technology in gaming, focusing on its potential to create new types of in-game economies and digital interactions.* The importance of understanding the risks and regulations associated with digital assets.* Final thoughts on the future of regulation in the digital asset space.

Let's unpack the latest Tesla Earnings! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Director of Investment Analysis and Institutional Research Tasha Keeney, CFA. Together they discuss Tesla Earnings, and their outlook for the company.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Tesla EarningsFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Addressing common bitcoin myths! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Director of Digital Assets Yassine Elmandjra. Together they discuss some of the common bitcoin myths circulating, especially after Jamie Dimon's comments at Davos and the bitcoin ETF approval. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Debunking bitcoin myths* Mr Beast's revenue on XFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Did the Apple Vision Pro flop? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss Rabbit R1, Apple vs. Epic Games court case, and a potential Apple Vision Pro Flop.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Rabbit R1* Apple Vs. Epic Games* Vision Pro Flop?For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

On this episode of FYI, we dive into the intricacies of crypto infrastructure with Konstantin Richter, the CEO and founder of Blockdaemon, and Chris Sharp, Blockdaemon's Chief Technology Officer (CTO). They cover Blockdaemon's journey, highlighting the challenges and opportunities in the early crypto market. Konstantin and Chris share insights into the evolving belief in cryptocurrencies like Bitcoin and Ethereum, reflecting on their growing acceptance in mainstream finance. They then discuss developing Blockdaemon's product suite, transitioning from basic node operations to sophisticated services like staking and Application Programming Interface (API) integrations. The conversation explores the importance of decentralization and multi-party computation in ensuring crypto security, emphasizing Blockdaemon's commitment to robust and reliable infrastructure. Finally, they touch on the diverse regulatory landscapes in Asia, Europe, and the U.S., exploring their impact on the crypto industry and the future possibilities in this rapidly evolving sector."Not a lot of people saw the benefit of like, ‘Hey, why do I want to pay someone to do something? I can just download some open-source software and run on the server myself’. Even if it's janky, the requirements in the network and expectation around crypto was low enough that people weren't like, ‘Hey, I need to make sure there's instant settlement that my transaction goes through.’” - Konstantin Richter Key Points From This Episode:* Origin of Blockdaemon* Unique challenges in maintaining and operating crypto infrastructure* The importance of multi-party computation in crypto security* The evolving belief and adoption of Bitcoin and Ethereum* Decentralization and resistance to censorship in crypto* Blockdaemon's impact on crypto infrastructure* Acquiring a wallet company, Sepior, and its implications* Blockdaemon’s product evolution* The importance of reliability and distributed computing in crypto networks* Perspectives on the evolution of the crypto market

On today’s episode of FYI we will be featuring the most recent In The Know with Cathie Wood, a monthly video series that covers fiscal policy, monetary policy, market signals, economic indicators, and innovation. On this specific In The Know, Cathie Wood is joined by ARK Director of Digital Assets, Yassine Elmandjra. Together, they discuss ARK's history with bitcoin, bitcoin spot ETF approval, the upcoming halving, and why we believe bitcoin is both a risk-on and risk-off asset. Key Points From This Episode* ARK's history with bitcoin* Bitcoin Spot ETF Approval* Bitcoin halving* Why we believe bitcoin is both a risk-on and risk-off asset* Fiscal policy* Monetary policy* Market signals* Economic indicators* Innovation updates

The convergence among technologies: robotics and artificial intelligence. This week, Autonomous Technology and Robotics Director of Research Sam Korus and Chief Futurist Brett Winton discuss the rapidly evolving robotics landscape and how AI has greatly improved robotic performance.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* The convergence of AI and roboticsFor more updates on Public.com:Website: https://public.com/ (https://public.com/)YouTube: @publicinvestTwitter: https://twitter.com/public (https://twitter.com/public)

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce ...

This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous reflect on 2023. Nick and Sam discuss each of their favorite stories in disruptive innovation this year as we close out 2023.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Nick's favorite consumer technology device* Sam's expectations for SpaceX in 2024For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

On today’s episode, Director of Next Generation Internet Research Frank Downing and Chief Futurist Brett Winton are speaking with Cyrus Khajvandi and Dan Rasmuson, the brains behind the artificial intelligence (AI) startup Humata. Backed by OpenAI's foundation-aware technology, Humata seeks to transform how we interact with the written word in the workplace. We'll delve into the tech, highlight the unique challenges it addresses, and discuss the broader impact on productivity. From navigating ambiguous language to fast-tracking the knowledge-transfer process, this episode explores how advanced AI models pave the way for a more intelligent and intuitive approach to handling organizational data, with the prime example of Humata's success. Stay with us as we cut through the AI jargon and learn how AI-supported knowledge transfer reshapes enterprise workflows.Key Points From This Episode:* The origin of Humata* Improving AI to verify truth in decision-making processes* Streamlining knowledge-based tasks beyond human capacity* How AI aids in rapidly transferring expertise across organizations* Ensuring data privacy with end-to-end encryption and user control* How Humata aids in managing the surge of organizational writing, ensuring human oversight

Epic Games won a court case against Google. This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Andrew Kim, ARK Analyst. Together they discuss a the Epic Games vs. Google court case.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Epic Games vs. GoogleFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

In today's episode, Research Associate Andrew Kim has an exciting conversation with Samee Zahid, the director of engineering at Chipper Cash. We dive into how Chipper Cash aims to revolutionize the financial ecosystem, emphasizing its recently launched product, Chipper ID. Chipper ID is an artificial intelligence-driven know your customer (KYC) verification platform that includes user verification, document verification, government database integration, and watch list screening. We'll talk about why Chipper Cash decided to build its own KYC solution and how it's not only cost-effective but can potentially shape the fintech landscape in Africa. Plus, we explore the intricacies of identity verification, the significance of data security, and their recent partnership with Visa for card issuance. Key Points From This Episode:- Overview of Samee’s background- Fintech app Chipper Cash expands with AI-driven KYC platform- How Chipper Cash's KYC platform reduces fintechs' customer acquisition costs significantly- Tackling account fraud in Africa with real-time face-matching technology- Chipper ID pairs on-device liveness checks with server verification for user authenticity- Leveraging synthetic data for testing- Why Chipper ID's focus on proprietary data and human insight remains vital in a rapidly evolving tech industry- Balancing costs and specificity over broad models optimizes tech use- Streamlining document checks and user verification improves fintech security- How Screen Sentinel aids compliance teams in sanction screening and reduces false positives- Integrating payment and ID verification, enabling secure one-click transactions- Chipper's near-term catalysts to focus on

The FDA Has Approved America’s First Gene-Editing Therapy—Casgevy. This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Ali Urman, ARK Analyst. Together they discuss a Crispr gene editing breakthrough. Then, Sam and Nick discuss Google's Gemini and Twitter's GrokIf you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Crispr Approval* Gemini* GrokFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce ...

Should you say please to your artificial intelligence companion? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Brett Winton, ARK's Chief Futurist. Together they discuss Cybertruck and AI model manners.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:* Cybertruck* AI Model MannersFor more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Today, Sam Korus sits down with Brett Adcock, a veteran in the technology industry who has devoted his career to building cutting-edge tech companies. Brett has been an integral part of technology companies for over two decades, more recently steering his focus toward creating affordable and practical humanoid robots. With his company Figure AI, Brett is giving life to robots that can easily blend into commercial sectors like manufacturing, retail, and warehouses. His plan involves developing an artificial intelligence-centric (AI-centric) robotic design that would not just decrease dependence on humans for tedious tasks but also make these robots more reliable. Our guest also shares his valuable insights on the challenges faced in this venture and the ambitious timeline for seeing these robots in action. Key Points From This Episode:* Overview of Brett’s background* Advances in AI and robotics* How robots tackling simple, repetitive tasks can address labor shortages in warehouses* Unexpected challenges of designing entire robots from scratch* How advancements and strategic data collection propel AI and robotics to new heights* Robotic automation promises significant cost reductions over time* How robotics as a service could revolutionize affordability and functionality in automation* Robots could match human ability in certain jobs this decade, with home use by its end

More founders leaving companies? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Tasha Keeney, CFA, ARK’s Director of Investment Analysis and Institutional Strategies. Together they discuss Cruise updates and the potential of sodium ion batteries. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.   Key Points From This Episode * Cruise CEO Steps Down * Sodium Ion Batteries For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of FYI, Florian Berberich and Thomas Hartmann-Boyce engage with prominent entrepreneur and investor Frank Thelen. We put the spotlight on the state of disruptive innovation and technology in Europe, with a focused gaze on Frank’s home country, Germany. Thelen, the founder of Freigeist Capital and 10xDNA, shares his insights into the challenges that European and German companies face in keeping pace with the United States’ progress. The episode traverses an assortment of subjects, ranging from the future of the German car industry to artificial intelligence (AI’s) potential and its impact on the precision agriculture sector. Thelen’s significant influence in Germany’s version of Shark Tank draws attention to the importance of entrepreneurship and its potential for generating revenue. All this and more, on FYI. “Change is coming. It starts slowly, but then it will grow rapidly. And currently, with Tesla, where we both are invested in, we see that we might lose this important industry in Germany very fast and very soon.” @frank_thelen (https://twitter.com/intent/tweet?text=%E2%80%9CChange+is+coming.+It+starts+slowly%2C+but+then+it+will+grow+rapidly.+And+currently%2C+with+Tesla%2C+where+we+both+are+invested+in%2C+we+see+that+we+might+lose+this+important+industry+in+Germany+very+fast+and+very+soon.%E2%80%9D+%40frank_thelen%20@ARKinvest%20-%20https://ark-invest.com/podcast/disruptive-innovation-in-europe/) Key Points From This Episode: * Overview of Frank’s background * Adapting to exponential tech growth beyond linear success * How Europe’s innovation merges AI, 3D printing, internet of things (IoT), and blockchain * Why Europe’s innovation potential needs more investment to keep pace globally * German caution slows fintech adoption; mindset shift needed for innovation * Europe may lead in robotics and biotech, leveraging manufacturing excellence * Why Europe needs entrepreneurial stars to inspire innovation and drive talent * Germany’s potential in seed-stage tech stifled by a lack of late-stage funding * European interest in innovation and thematic investments is growing * “Shark Tank” Germany experience shows entrepreneurship’s broad appeal and success * Sustainable food innovation is necessary and ripe for technological investment

What’s going on with OpenAI? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Brett Winton, ARK’s Chief Futurist. Together they discuss Sam Altman’s removal as CEO of OpenAI and SpaceX’s Starship. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.   Key Points From This Episode * OpenAI * SpaceX For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode, Research Associate Andrew Kim interviews Joris Henson, who pulls back the curtain on Deutsche Bank’s approach to open banking, revealing valuable insights into the evolution of Application Programming Interfaces (APIs) and giving us a taste of what the future might hold for this trailblazing sector. Joris will share stories about incredibly creative approaches he’s taken, like data cocktail bars and design thinking workshops, to identify needs and generate ideas. We’ll take a closer look at the Open Finance Framework in the European Union, contrast Meta’s reception against open banking, and ponder the potential impact of generative artificial intelligence (AI) in finance. Plus, Joris busts open the proverbial black box of airline points to reveal how AI could simplify complexities and discusses product innovation at Deutsche Bank, specifically DB Smart Access. “It’s about the small and big moments of life. And our vision is that with the help of open banking and through those partnerships, we can play a role in those small and big moments in the life of our customer.” – @Joris_Hensen (https://twitter.com/intent/tweet?text=%22It%27s+about+the+small+and+big+moments+of+life.+And+our+vision+is+that+with+the+help+of+open+banking+and+through+those+partnerships%2C+we+can+play+a+role+in+those+small+and+big+moments+in+the+life+of+our+customer.%22+-+%40Joris_Hensen+%20@ARKinvest%20-%20https://ark-invest.com/podcast/harnessing-the-power-of-open-banking-with-deutsche-banks-joris-hensen/) Key Points From This Episode: * Overview of Deutsche Bank * API vision evolution and open banking opportunities before and after Payment Services Directive Two (PSD2) * How understanding niche products and successful partnerships accelerated open banking * How Third-party data needs grew from transaction details to comprehensive finance APIs * Future fintech may reduce data moats but emphasize innovative product development * Open banking in Europe prioritizes consent and trust over ad-driven models * How hackathons and practical demos were key in advancing open banking innovation * Aggregators gain value by integrating diverse APIs in open banking evolution * Life-centric products integrate finance with everyday activities like home energy * Why evolving consumer consent may balance security with convenience for AI use * AI financial advisors could offer tax and asset management insights affordably * Investors should watch how banks adapt to open banking and leverage APIs

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Eric Berger, the senior space editor at Ars Technica. Together they discuss space, OpenAI developer day and open source artificial intelligence (AI).   Key Points From This Episode * Space * OpenAI * Open Source AI For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode, ARK Director of Digital Assets Yassine Elmandjra sits down with special guests Ophelia Snyder, the president and co-founder of 21Shares, and Eliézer Ndinga, the head of research at 21Shares. Together, they dive deep into the world of crypto, education, and the exciting developments happening in the industry. Join us as we explore how 21Shares is bridging traditional finance with crypto, discussing the importance of regulations, the need for specialized research, and the future of this rapidly evolving asset class. “It is representative of an accumulation of human knowledge that shouldn’t be so callously disregarded, right? Part of the beauty of what we’re doing now is we get to stand on the shoulders of giants.” @OpheliaBSnyder (https://twitter.com/intent/tweet?text=%22It+is+representative+of+an+accumulation+of+human+knowledge+that+shouldn%27t+be+so+callously+disregarded%2C+right%3F+Part+of+the+beauty+of+what+we%27re+doing+now+is+we+get+to+stand+on+the+shoulders+of+giants.%22+%40OpheliaBSnyder+%20@ARKinvest%20-%20https://ark-invest.com/podcast/bridging-traditional-and-decentralized-finance-with-21shares/) Key Points From This Episode: * Overview of 21Shares and why Ophelia founded the company * How 21Shares aligns with ARK’s open, transparent ethos, simplifying crypto investment access * Offering exposure to crypto and physical redemption, aiming to bridge crypto investment with secure, accessible infrastructure * Why the biggest education gap in crypto is discerning true insights from mere news * Crypto’s transparency is underappreciated; parsing its vast data is key for understanding ecosystem health and potential risks * Crypto evolution leans towards bottom-up standardization, challenging yet potentially leading to robust, coherent frameworks * Regulatory clarity for crypto requires effort; initial steps may quickly resolve major issues * Regulatory evolution is continuous, reflecting history’s dynamic nature * Why the upcoming market cycle in crypto is expected to differ significantly from past cycles

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Autonomous Technology and Robotics Director of Research Sam Korus is joined Research Associate Andrew Kim. Together they discuss Jack Dorsey’s return to Block, President Biden’s Executive Order on Artificial Intelligence and SpaceX’s Starlink reaching break even.   Key Points From this Episode * Jack Dorsey Returns to Block * President Biden’s Executive Order on Artificial Intelligence * Starlink reaches Break Even For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Alex Leishman (https://twitter.com/leishman): Co-Founder and CEO, River Graham Krizek (https://twitter.com/gkrizek): Founder and CEO, Voltage Des Dickerson (https://twitter.com/dickerson_des): CEO, THUNDR GAMES Tony Giorgio (https://primal.net/tonygiorgio): Co-Founder and CEO, Mutiny Wallet Viktor Bunin (https://twitter.com/ViktorBunin): Protocol Specialist, Coinbase Yassine Elmandjra (https://twitter.com/yassineARK): Director of Digital Assets at ARK Invest Cathie Wood: Founder, CEO and CIO, ARK Invest (https://twitter.com/CathieDWood) Rod Roudi (https://twitter.com/bitkite): Co-Founder, Bitcoin Park Key Points from this episode: * 00:00:00 Opening and Disclosure * 00:00:54 Intro with Rod Roudi welcoming our fantastic guests * 00:05:09 What are some of the most underexplored use cases in Bitcoin? * 00:14:31 How the use cases for Lightning have matured and why Des chose to build THUNDR GAMES on the Bitcoin network * 00:17:43 Machine to machine payments as a use case for lightning * 00:26:53 What do our guests think the first ubiquitous stable coin on Bitcoin will be? * 00:33:49 Viktor examines some of the ways that decentralized finance (DeFi) can be more practical than Bitcoin * 00:39:13 Exploring the growth in total developers on Ethereum as compared to Bitcoin, especially when you include lightning developers * 00:43:32 Why is the dynamic of developers building on Bitcoin different than those who chose to build on Ethereum? * 00:50:34 Our guests share some of the stories from their clients and users that blew them away * 00:55:32 How is regulation in the Bitcoin space changing? * 00:59:41 Our guests provide their opinions on what Bitcoin looks like in 5 years and how anonymity may change in the future? * 01:09:09 Rod, Viktor and Yassine conclude the episode with some optimism on the future of Bitcoin, pointing out decentralized communities across the country and around the world

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous is joined Director of Investment Analysis & Institutional Strategies Tasha Keeney, CFA. Together they discuss the current state of autonomous vehicles including Cruise, Waymo and Tesla, and Meta’s new Ray Ban sunglasses.   Key Points From this Episode * Cruise Halts Operations * Meta Ray Ban Glasses Review For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of FYI, Brett Winton welcomes back Francis Pedraza, the founder of Invisible—a company revolutionizing artificial intelligence (AI) training and data labeling across multiple industries. Forget what you know about traditional AI; we’re diving into a world where human relevance is questioned, and black-box technology can execute complex processes at any scale. Francis and Brett explore the ins and outs of scaling a business, the art of strategic resource allocation, and the future of AI-driven automation. This episode has everything from research and development (R&D) investments to aligning worker incentives for optimum efficiency. “So for us, it’s finding the right technology or the right person for any given step in a process.” – Francis Pedraza (https://twitter.com/intent/tweet?text=%E2%80%9CSo+for+us%2C+it%27s+finding+the+right+technology+or+the+right+person+for+any+given+step+in+a+process.%E2%80%9D+-+Francis+Pedraza+%20@ARKinvest%20-%20https://ark-invest.com/podcast/coordinating-technology-and-specialized-labor-for-complex-needs-with-francis-pedraza/) Key Points From This Episode: * Overview of Invisible Technologies * Invisible’s role in a fragmented, specialized tech landscape * Invisible bullish on AI training, adopts financial discipline to weather market cycles * Transitioning from R&D to commercial strategies redefines Invisible’s economic model for AI business * The need for specialized integrators like Invisible over traditional service firms in the AI landscape * Invisible elevates AI training from mere data labeling to advanced techniques * Invisible’s human-in-the-loop model adds depth to complex AI training and enablement * Efficiency gains through Invisible’s alignment of automation and incentives * The symbiotic relationship between AI training and enablement in Invisible’s model * Prioritizing profitability over rapid scaling underlines Invisible’s approach to sustainable growth and control * Balancing rapid growth while preserving company culture in Invisible * Invisible’s caution towards public markets focuses on long-term control and growth

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are in studio together this week to discuss Tesla Earnings and Bitcoin.   Key Points From this Episode * Tesla Earnings * Bitcoin For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of FYI we will be featuring the most recent In The Know with Cathie Wood, a monthly video series that covers fiscal policy, monetary policy, market signals, economic indicators, and innovation. On this specific In The Know, Cathie walks through charts to help illustrate her points on inflation, interest rates, GDP vs. GDI growth, and why we believe we’re in a rolling recession. Watch the video version here (https://ark-invest.com/videos/market-insights/october-6-2023-in-the-know-with-cathie-wood/). Key Points From This Episode: * Fiscal Policy * US Federal Budget Deficit or Surplus as a Percent of Nominal GDP * Monetary Policy * Money Supply (M2) Growth Percent Change Year-over-Year * 10 Year US Treasury Yield * 2s-10s Yield Curve Spread * USD Index (DXY) * Economic Indicators * Spot WTI Crude Oil * Crude Oil Price vs. Gasoline Futures Price * Gold Price * Gold Price 5-Year * Copper Futures Price * Copper Futures Price 5-Year * Credit Default Swaps Markit CDX

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are keeping it short and have just one topic: robots.   For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by ARK Analyst Ali Urman, Research Associate Andrew Kim and Founder and CEO of Eternal Reggie James.   Key Points From This Episode: * Intro * Ozempic * AI Wearables * Tesla Price Cuts For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Alex Gladstein (https://twitter.com/gladstein): Chief Strategy Officer, Human Rights Foundation Jameson Lopp (https://twitter.com/lopp): Co-Founder & CTO, Casa and Creator of http://bitcoin.page, http://lightning.how, http://statoshi.info Korok Ray (https://twitter.com/KorokRay): Bitcoin Professor at Texas A&M Erik Hersman (https://twitter.com/whiteafrican): Co-Founder and CEO of Gridless Compute Yassine Elmandjra (https://twitter.com/yassineARK): Crypto Lead at ARK Invest Dr. Art Laffer: American Economist Cathie Wood (https://twitter.com/CathieDWood): Founder, CEO and CIO, ARK Invest Rod Roudi (https://twitter.com/bitkite): Co-Founder, Bitcoin Park Key Points From This Episode: * 00:00:00 Intro to Bitcoin Brainstorm episode 3 and our panel of guests from Rod Roudi * 00:02:17 Yassine sets up the purpose of this month’s episode: to address common misconceptions and pushback around bitcoin * 00:05:05 Cathie Wood sets up her relationship with Dr. Art Laffer and why * 00:09:45 Alex lays out some of the most common concerns and pushbacks associated with bitcoin * 00:11:57 Dr. Laffer provides historical monetary context to explain his questions on bitcoin * 00:21:01 Jameson, Erik and Korok help explain the importance of bitcoin mining to the network and potentially to the energy grid at large * 00:28:16 Alex explains why bitcoin has value globally and why bitcoin mining was invented and why it is important to stabilize the bitcoin network * 00:32:29 Does the marginal cost of energy determine the cost of bitcoin? * 00:39:12 Alex and Erik propose a potential future that could be unlocked by bitcoin if used as a global currency * 00:44:20 Yassine and Dr. Laffer discuss how a bitcoin standard could be a viable replacement for the gold standard * 00:51:15 Dr. Laffer explains that the potential to replace the US dollar is his greatest excitement in bitcoin * 00:55:56 Jameson explains that bitcoin is pseudonymous rather than anonymous, and that bitcoin itself is not encrypted * 01:00:37 Alex discusses the inherent need for the Bitcoin blockchain to be completely auditable * 01:04:47 Jameson and Rod walk through the halving process and the transparent strength of the network * 01:05:46 Art poses the question: what does our panel believe makes bitcoin valuable? * 01:13:36 Alex explains that bitcoin does not necessarily have counter party risk but it may have exchange rate risk * 01:15:50 The speed of transactions in bitcoin have been improving greatly and is actual assets moving at rapid speed rather than liabilities being passed quickly * 01:23:27 Rod and Dr. Laffer talk through some crucial differences between gold and bitcoin * 01:26:42 Why bitcoin can be a potential preservation of wealth, and why volatility in the price of bitcoin can be either good or bad * 01:39:40 Cathie and Yassine wrap up the conversation

On this episode of FYI, we’re joined by David Flynn, the mind behind Hammerspace, a privately owned company working in the realm of data storage and management. On this episode, ARK Director of Next Generation Internet Research Frank Downing, and CEO and CIO Cathie Wood dives deep into a world where data isn’t just stored, but orchestrated. David takes us through the futuristic landscape crafted by Hammerspace, leveraging the untapped potential of Solid State and Flash technology to redefine data management. From unveiling the shortcomings of platforms like Amazon’s S3 to pioneering the concept of data orchestration, David takes us on a journey through the frontier of data technology. Listeners will also hear about David’s path from programming on a Commodore 64 to becoming a trailblazer in the industry. “Once data becomes orchestrated, and here’s the bizarre thing, data is more permanent in an orchestration platform. It’s not bound to the lifetime of any one storage system. It simply lives in the ether.” – David Flynn (https://twitter.com/intent/tweet?text=%22Once+data+becomes+orchestrated%2C+and+here%27s+the+bizarre+thing%2C+data+is+more+permanent+in+an+orchestration+platform.+It%27s+not+bound+to+the+lifetime+of+any+one+storage+system.+It+simply+lives+in+the+ether.%22+-+David+Flynn%20@ARKinvest%20-%20https://ark-invest.com/podcast/decentralized-data-and-ai-workloads-with-hammerspace-ceo-david-flynn/) Key Points From This Episode: * Overview of David’s background * Leveraging luck and experience with embedded systems to exploit the potential of flash storage * Consumer electronics sparked demand, lowering costs and expanding market opportunities * Hammerspace’s approach to try to fundamentally transform data management through decentralized, dynamic data orchestration * Hammerspace’s data orchestration: facilitating direct manipulation on a global file system * Hammerspace offers a unique network attached storage (NAS) system that enhances data accessibility and boosts performance by separately handling metadata and actual data * Object storage is cheaper, simpler but still important; Hammerspace enhances utility * Companies in sectors such as artificial intelligence (AI), entertainment, science, and design benefit from a universal data interface, especially when handling large, unstructured data sets * AI and machine learning (ML) revolutionizing industries, enhancing data management and accelerating research * Transition to data orchestration technology might take around five to ten years, paralleling server virtualization’s adoption cycle but potentially hastened by AI advancements

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by Worldcoin CEO Alex Blania. First, Nick and Sam discuss Meta’s Ray Bans glasses and their AI implications, and AI as an operating system. Then together with Alex they discuss Worldcoin’s latest initiatives.   Key Points From This Episode: * Intro * Meta AI * AI as an OS * Worldcoin CEO “AGI” refers to Artificial General Intelligence which is a theoretical form of AI where a machine would have intelligence equal to humans. For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of FYI, we delve into the world of Palantir, the data integration and analytics company, as we discuss their platforms and their application across numerous industries. Joining Next Generation Internet Director of Research Frank Downing, and CEO Cathie Wood on the show is Shyam Sankar, Palantir’s Chief Technology Officer. Together, they explore the power of ontology, the integration of artificial intelligence (AI), and the immense potential of Large Language Models (LLMs). From revolutionizing the way businesses make decisions to uncovering new frontiers in biology and manufacturing, this episode explores the ever-evolving landscape of technology. “I think one of the exciting things about Generative AI is how quickly we’ve been able to build our own Copilots and to go after problems.” – @ssankar (https://twitter.com/intent/tweet?text=%22I+think+one+of+the+exciting+things+about+Generative+AI+is+how+quickly+we%27ve+been+able+to+build+our+own+Copilots+and+to+go+after+problems.%22+-+%40ssankar%20@ARKinvest%20-%20https://ark-invest.com/podcast/orchestrating-enterprises-with-data-and-ai-with-palantir-cto-shyam-sankar/) Key Points From This Episode: * Overview of Shyam’s background * Palantir’s public perception and problem-solving approach * How Palantir’s platform evolves to solve varied, industry-specific problems through generalizable approaches * Palantir expedites Generative AI via focused, decision-driven data ontology * Using ontology for quicker, action-focused business decisions * Operationalizing AI beyond chat interfaces * Integrating LLMs in apps for efficient workflow * Government cautiously, yet optimistically, exploring generative AI’s potential * Clients exhibit mixed feelings; seeking education on leveraging LLM effectively * Palantir fosters a unique artist colony culture, emphasizing individuality in roles * Utilizing Generative AI tools internally to streamline documentation and leverage unstructured data sources * Value in application layer and owning it * Why app layer owners have an AI advantage * Concerns about AI integration with legacy and modern tech infrastructure * Ginkgo aims to engineer biology for manufacturing and leverages AI * Why Palantir believes their integration of human thought, LLM, and algorithmic reasoning will dominate the market

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by Research Associate Andrew Kim. Together they discuss OpenAI’s Dall-E 3 release and the impressive developments of Tesla’s Optimus Robot.   Key Points From This Episode: * Intro * OpenAI Dall-E 3 * Tesla Optimus For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of For Your Innovation, hosts Andrew Kim and Nicholas Grous sit down with Dylan Diamond, the brain behind Saturn, a calendar app that’s taken over 17,000 U.S. public schools. Originating as a basic web tool and now an iPhone essential, Saturn goes beyond just planning your day—it’s a social network that informs you about your friends’ current and future locations. Join us as Dylan unpacks the journey of Saturn, detailing how artificial intelligence (AI) is revolutionizing time management and social planning. From custom features tailored to individual schools to the key alliances that have accelerated its expansion, we’ll uncover how Saturn isn’t just a utility—it’s a community. “Saturn is the first social network built around the calendar, and it is the only calendar built for young people.” – Dylan Diamond (https://twitter.com/intent/tweet?text=%22Saturn+is+the+first+social+network+built+around+the+calendar%2C+and+it+is+the+only+calendar+built+for+young+people.%22+-+Dylan+Diamond%20@ARKinvest%20-%20https://ark-invest.com/podcast/breaking-down-classroom-walls-with-saturns-dylan-diamond/) Key Points From This Episode: * Overview of Dylan’s background, and the origin of Saturn/li> * How Saturn evolved from a web app to an iPhone app/li> * Lessons in building personalized, unscalable apps for schools/li> * Scaling quickly by utilizing organic growth and student ambassadors/li> * Organic growth fueled by user demand, teamwork/li> * AI in Saturn focuses on solving real problems, like auto-updating school calendars and fostering social connections/li> * Saturn focuses on students, not faculty, and aims to be a lifelong calendar/li> * Focusing on high school to build a strong user base, while also seeing potential for expansion into college/li> * Saturn combines social and utility, aims for steady growth, and expects more social platforms to add utility features

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by Director of Investment Analysis & Institutional Strategies Tasha Keeney. Together they discuss updates on Tesla and Apple’s adoption of 3D Printing, Unity and Electric Vehicle Charging. Key Points From This Episode: * Intro * Tesla 3D Printing * Unity * EV Charging For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

In this episode of FYI, hosts Andrew Kim and Nicholas Grous explore the world of TikTok Shop with Oren Schauble, who shares insights on setting up shop, driving sales, and the advantages of early adoption. We’ll also navigate the realm of drop shipping and third-party logistics (3PL), revealing when and how to utilize each method, and uncover top-notch partners. As we venture further, we’ll uncover the secrets to thriving in a saturated market, finding niches, establishing customer loyalty, and adapting to change. Later, we’ll take a deep dive into the creator economy, exploring opportunities for individuals and companies to monetize talents and its impact on marketing. Finally, we’ll delve into effective brand-building across various channels, focusing on social media success, customer value, appealing web design, and inspiring success stories. Oren provides his insights and tips as we explore success in today’s dynamic retail landscape. “What’s really important is you can go sell a product to your fans, right? You can say, hey, these people really enjoy my content. They really have built an affinity to me.” @orenmeetsworld (https://twitter.com/intent/tweet?text=%E2%80%9CWhat%27s+really+important+is+you+can+go+sell+a+product+to+your+fans%2C+right%3F+You+can+say%2C+hey%2C+these+people+really+enjoy+my+content.+They+really+have+built+an+affinity+to+me.%E2%80%9D+%40orenmeetsworld+%20@ARKinvest%20-%20https://ark-invest.com/podcast/building-brands-in-the-creator-economy/) Key Points From This Episode: * Exploring the creator economy, opening opportunities for all * Emphasizing omnichannel strategy; refining through Direct-to-Consumer (D2C) * Unlocking Shopify’s success in easy payments, while TikTok and Instagram are enhancing frictionless buying experiences * Choosing products through direct factory contact, utilizing managed services, or browsing platforms like Alibaba * Combining value and entertainment for potent social media branding * Building an audience early, curating space, and thinking strategically * Navigating saturation by finding your unique niche * Implementing familiar design elements to foster consumer trust and usability * Investing in setting up a TikTok Shop; reaping the benefits it offers

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus are joined by Next Generation Internet Director of Research Frank Downing. Together they discuss updates on SpaceX and Visa’s integration with stablecoins. Key Points From This Episode: * Intro * SpaceX * Visa Stablecoin Integration For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous Autonomous Technology and Robotics Director of Research Sam Korus discuss the Disney and Charter dispute and the Tesla Highlander Model 3 update. Key Points From This Episode: * Intro * Disney vs. Charter * Tesla Model 3 Update For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Paul Itoi – CEO, Stakwork Laolu (Roasbeef) Osuntokun (https://twitter.com/roasbeef) – CTO and Co-founder, Lighting Labs Kody Low (https://twitter.com/kodylow) – Head of Developer and Product Support, Fedi Rod Roudi – Co-Founder, Bitcoin Park Cathie Wood – CEO, CIO and Founder, ARK Invest Yassine Elmandjra – Crypto Lead, ARK Invest Frank Downing (https://twitter.com/downingARK) – Nex Gen Internet Director of Research, ARK Invest Key Points From This Episode: * 00:00:00 Intro to the Bitcoin Brainstorm with Yassine and Rod * 00:02:39 Introduction to this month’s guests * 00:04:10 Cathie Wood explains the impact and importance of the convergence between and among technologies * 00:12:32 Paul discusses how AI has revolutionized coding and computer engineering * 00:19:40 Kody applies the coding revolution to Bitcoin and explores how Bitcoin and AI are converging * 00:26:42 Cathie and Laulu discuss Lightning HTTP 402 Protocol (L402) and internet payment flow generally * 00:30:24 Frank and Paul explain that Bitcoin could be useful as money because it cuts out traditional intermediaries in payment processing and could decrease counter-party risk * 00:39:00 What are some of the use cases of micro-payments and how do they compare to larger payments like monthly subscriptions * 00:51:27 Kody explains why the first rendition of L402 used special cookies know as macarons * 00:53:16 Frank and Laolu discuss the constraints of ChatGPT and what the potential of AI agents can be outside the walls of a chat window, if given a budget and proper integration points * 01:01:30 Through the example of a web development project, Paul describes how Bitcoin and generative artificial intelligence are converging today * 01:06:55 What does the next generation of knowledge workers look like with micro-payments allowing for more efficient payment allocation? * 01:14:48 Closing thoughts and remarks on Bitcoin’s unique impact on artificial intelligence today Important Links Mentioned In This Episode: * AI4ALL Hackathon website (https://bolt.fun/tournaments/ai4all/overview) * AI for All: Powering APIs and Large Language Models with Lightning (https://lightning.engineering/posts/2023-07-05-l402-langchain/) * How (Actually) Open AI Wins (https://hivemind.vc/ai/) * AI & Bitcoin (https://ten31.vc/content/ai) * Nostr (https://nostr.com) * LangChain (https://www.langchain.com/) * AI4ALL Hackathon website (https://bolt.fun/tournaments/ai4all/overview) * AI for All: Powering APIs and Large Language Models with Lightning (https://lightning.engineering/posts/2023-07-05-l402-langchain/) * How (Actually) Open AI Wins (https://hivemind.vc/ai/) * AI & Bitcoin (https://ten31.vc/content/ai) * L402: https://docs.lightning.engineering/the-lightning-network/l402 * Lightning Network (https://lightning.network/) * Stakwork (https://www.stakwork.com/) * Replit (https://replit.com/) * Fedi (https://www.fedi.xyz) * Bitcoin Park (https://bitcoinpark.com) * ARK Bitcoin Brainstorms (https://ark-invest.com/podcasts/?following_category_filter%5B%5D=bitcoin-brainstorm)

On today’s episode of FYI, hosts Andrew Kim and Nicholas Grous are joined by Roblox CTO Daniel Sturman, as they venture into the dynamic world of this gaming platform. Roblox empowers users to both create and experience unique content. Join us as we explore the multifaceted ways people leverage this technology, from crafting games and orchestrating music concerts to forging immersive brand experiences. We’ll also venture into the future of virtual reality (VR) and emphasize the significance of offering users the choice to engage with content in their preferred manner. Stay tuned for a discussion with Daniel, as we discuss Roblox’s success, confront the challenges in rendering realistic 3D generations, and discover how the company is ensuring safety and civility on the platform. “We try very hard not to create any of our own content. The general idea behind Roblox was one of bringing 3D simulation to people and letting them create whatever they wanted out of that.” – Daniel Sturman (https://twitter.com/intent/tweet?text=%22We+try+very+hard+not+to+create+any+of+our+own+content.+The+general+idea+behind+Roblox+was+one+of+bringing+3D+simulation+to+people+and+letting+them+create+whatever+they+wanted+out+of+that.%22++-+Daniel+Sturman%20@ARKinvest%20-%20https://ark-invest.com/podcast/roblox-the-virtual-playground-where-gaming-fashion-and-real-world-brands-collide/) Key Points From This Episode: * Roblox as a content creation platform * Showcasing an early demo of an artificial intelligence (AI) system; enhancing product features * Utilizing generative AI to boost casual creative accessibility * Addressing challenges in 3D generation and intricate avatar movement * Navigating inefficiencies with models not designed for 3D data * Leveraging rich safety data to refine generative AI models * Anticipating immersive experiences, personalized touches, and expansive growth * Prioritizing safety and custom experiences * Exploring VR and phone avenues for immersive content creation * Enhancing virtual reality communication through spatial sound; ensuring privacy and civility * Innovating with real-time word censoring and substitution in models * Approaching the horizon of arbitrary generation of user components

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous is joined by Director of Investment Analysis & Institutional Strategies Tasha Keeney and Research Associate Andrew Kim. Together they discuss the Character AI, Full Self Driving Beta v12 and Tesla, and the latest in Walmart’s partnerships with drone delivery companies. Key Points From This Episode: * Character AI * Tesla FSD Beta v12 * Walmart and Drones FSD is Full Self Driving.DAU is Daily Active User.LLM is Large Language Model. For more updates on Public.com: Website: https://public.com/ YouTube: @publicinvest Twitter: https://twitter.com/public

On today’s episode of FYI, Research Associate Andrew Kim, Asociate Portfolio Manager Nick Grous and ARK Advisor Angie Dalton are joined by Edward Saatchi, the founder of Fable, a company pioneering the use of Artificial General Intelligence in creating generative TV shows and simulations. Together, they explore the influence of AI on animated series like South Park, the power of negotiation with maximum leverage, the current industry strike, the potential of AI in gaming, and the challenges and ambitions of creating original art. Hear about novel AI methods, a groundbreaking 3D world simulation, and the future of fan-made episodes. Whether you’re a seasoned professional or new to the topic, this episode should engage and inform. “Even though we’re five or six years now into GPT. There are no games that use AI NPCs, which is kind of crazy when you think about it” – Edward Saatchi (https://twitter.com/intent/tweet?text=%E2%80%9CEven+though+we%27re+five+or+six+years+now+into+GPT.+There+are+no+games+that+use+AI+NPCs%2C+which+is+kind+of+crazy+when+you+think+about+it%E2%80%9D+-+Edward+Saatchi%20@ARKinvest%20-%20https://ark-invest.com/podcast/generative-tv-is-revolutionizing-content-creation/) Key Points From This Episode: * Edward Saatchi’s background and journey from politics to AI entertainment * AI-driven characters and their generative, behavior-based design * Shows created from text prompts via AI, not recorded simulations * Timing of AI introduction to empower writers, actors during strike * Aiming to empower human artists, not merely create protected IP episodes * Hurdles include focusing on animation complexity * IP (intellectual property) holders need holistic approach to TV show creation; language model a small part * Shift towards original, exciting art is needed * Artificial General Intelligence (AGI) application in gaming could go beyond producing Non-Player Characters (NPCs) * Generative storylines in games could be exciting * Game companies and small studios partnering can decentralize the industry, empowering unique creations

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by Director of Investment Analysis & Institutional Strategies Tasha Keeney and Research Associate Daniel Maguire. With Tasha, they discuss the state of autonomous drone delivery, and with Daniel they discuss cost declines in nuclear power. Key Points Form This Episode: * The State of Delivery * Nuclear Cost Declines * Conclusion

Step into the realm of Magic Leap, a company focused on the augmented reality (AR) universe. On today’s episode, the advanced headset, Magic Leap 1, is examined in detail, comparing its performance to other devices on the market. Then we discuss the hurdles the company has encountered in creating appealing content for consumers. Listeners are invited to join in on the discussion about the advancements incorporated into their newest model, the Magic Leap 2, and how it’s being adopted by enterprise customers spanning diverse industries. The applications of wearable technology in the realms of training and healthcare are explored, uncovering how Magic Leap is pioneering revolution in these domains. Join Andrew, Nicholas, and Daniel as the future of augmented reality and the opportunities it presents are investigated. “AR is much, much more difficult to do than VR. It’s much more difficult than pass through VR, which is what you’re seeing Meta and Apple come out with.” – Daniel Diez (https://twitter.com/intent/tweet?text=%22AR+is+much%2C+much+more+difficult+to+do+than+VR.+It%27s+much+more+difficult+than+pass+through+VR%2C+which+is+what+you%27re+seeing+Meta+and+Apple+come+out+with.%22+-+Daniel+Diez%20@ARKinvest%20-%20https://ark-invest.com/podcast/pioneering-ar-solutions-for-the-enterprise-world/) Key Points From This Episode: * Introduction to Magic Leap 1 and its performance compared to HoloLens * Feedback from enterprise customers for improvements * Highlights of Magic Leap 2: lighter, smaller, bigger field of view * Prescription lenses and Dynamic Dimming for better image clarity * Software updates for enterprise integration * Positive feedback for Magic Leap 2 * Benefits of wearable technology in training for industrial and manufacturing scenarios * Increased engagement and retention of employees using wearable technology * 3D visualization and guided assistance in healthcare for accuracy and safety * Remote assistance in the public sector for machinery repairs * Potential impact of wearable technology in healthcare delivery * Magic Leap’s support for developers and partnerships with major companies * Focus on advancing technology and providing a performative platform for AR * Applications of Magic Leap technology in architecture, construction, retail, automotive, and manufacturing sectors * Comparison with pass-through virtual reality (VR) devices and the revenue potential of the enterprise market * Magic Leap’s roadmap for device improvements and strong partnerships * Current market position and the belief that AR can deliver immediate value

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by Senior Editor at OnlineCasinos.com Ryan Butler. Together they discuss ESPN BET, and the deal between Penn National Gaming and Barstool Sports, and then Sam and Nick discuss AI’s impact on Global Warming. Key Points From this Episode: * ESPN BET * AI’s Impact on Global Warming

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Smart Contract Networks. In the aftermath of catastrophic failures of centralized crypto intermediaries last year, automated self-executing contracts on decentralized public blockchains offer the alternative of transparent and non-custodial financial services. Decentralization is proving more critical to maintaining the original value proposition of public blockchain infrastructure. According to ARK’s research, as the value of tokenized financial assets grows onchain, decentralized applications and the smart contract networks that power them could generate $450 billion in annual revenue and reach $5.3 trillion in market value by 2030. Watch the video version here. (https://ark-invest.com/big-ideas-2023/smart-contract-networks/)

Hosts Andrew Kim and Nicholas Grous venture into the world of artificial intelligence (AI) in the gaming sector with Marc Whitten, the President of Create at Unity. They discuss AI’s role in creating vivid, immersive 3D experiences. Marc gives them a behind-the-scenes look at the complexities and opportunities involved in deploying AI for content creation in games. They also explore Unity’s mission to make game design accessible to all. The conversation doesn’t stop at gaming; they also cast a wider look at how real-time 3D technology is making waves across various industries. So join Andrew, Nicholas, and Marc on this insightful journey where they blend technology, creativity, and gaming into a captivating exploration. “I believe that we’re going to enter this golden age of inference based techniques used at Runtime and many of those are going to be very small models.” @MarcWhitten (https://twitter.com/intent/tweet?text=%22I+believe+that+we%27re+going+to+enter+this+golden+age+of+inference+based+techniques+used+at+Runtime+and+many+of+those+are+going+to+be+very+small+models.%22+%40MarcWhitten%20@ARKinvest%20-%20https://ark-invest.com/podcast/unlocking-the-power-of-ai-in-gaming/) Key Points From This Episode: * Mark Whitten’s background and role as President of Create at Unity * Gaming industry competitiveness and use of AI * AI targeting specific players and improving ad monetization * Focus on building and maintaining gaming communities * AI at Runtime for immersive and dynamic game worlds * Non-player character (NPCs) having meaningful conversations and shaping game experiences * Implications and challenges of generative AI in game development * Unity’s use of AI tools and collaboration with Apple * Apple’s approach to spatial computing and Vision OS * Orchestration of AI techniques through Muse platform * Solving content creation crisis in the industry * Productivity gains and increased number of creators with AI tools * Challenges and benefits of using neural network-based features in games * Cintus platform for local model execution and improved performance * Designing games for different platforms and input methods * Real-time and 3D technology in non-gaming industries * Unity’s goal of expanding applications and accessibility of tools * AI’s role in content creation across various industries * Unity’s focus on real-time and 3D technology in different sectors * Partnerships with various platforms and potential for creativity

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Research Associate, David Puell. Together they discuss ARK’s Bitcoin Monthly Report (https://ark-invest.com/the-bitcoin-monthly/) and crypto outlook, the hunt for AI computing, what CoreWeave is doing to secure more GPUs, and more. Key Points From This Episode: * Intro * Crypto Outlook * The Hunt for AI Computing and CoreWeave * Audience Q&A

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Autonomous Ride Hail. Today, autonomous ride-hail services delight riders across ~15 cities internationally* and should scale into widespread commercial adoption within the next ten years. Autonomous technology should reduce the cost of mobility to ~12% the average cost of human-driven ride-hail service today. ARK’s research suggests that global autonomous ride-hail platforms will create $14 trillion in enterprise value, based on $4 trillion in revenue during the next five years. Watch the video version here. (https://ark-invest.com/big-ideas-2023/autonomous-ride-hail/) *This number includes both commercial and non-commercial services operating at the end of 2022. Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Preston Pysh – Show Host and Co-Founder, The Investor’s Podcast Network and Advisor, Ego Death Capital Jack Mallers – CEO and Founder, Strike Obi Nwosu – CEO and Co-Founder, Fedi Rod Roudi – Co-Founder, Bitcoin Park   Harry Sudock – Chief Strategy Officer, GRIID and Partner, Bitcoin Park   Cathie Wood – CEO, CIO and Founder, ARK Invest Yassine Elmandjra – Crypto Lead, ARK Invest Key Points From This Episode: * 00:00 Intro to the Bitcoin Brainstorm and Bitcoin Park in Nashville * 4:30 Our panel discusses Jack Dorsey’s thoughts on Bitcoin as the currency of the internet * 8:30 Dr. Art Laffer’s discovery and interest in Bitcoin * 10:30 How Bitcoin can potentially benefit communities like those in Kenya * 19:00 What countries are moving the fastest to adopt Bitcoin as a currency and how does the global south view Bitcoin generally * 26:20 Jack’s thoughts on the modern day monetary policy and why it may be destroying the middle class * 28:31 Why Bitcoin might be too volatile for many people living in poverty, but crypto solutions like stablecoins could be a better option * 30:35 Potential routes of scalability for Bitcoin, including the potential for a third layer, beyond Lightning * 35:20 Comparing Visa’s network to the Lightning network and the argument that Bitcoin does not have a scaling problem * 39:26 How Jack Dorsey and Block are working to grow the Lightning network * 44:39 The cooperation that exists within the Bitcoin ecosystem and why * 49:10 Bitcoin’s role in enabling businesses to reach more people globally * 54:38 The comparison of Lightning channels to traditional fiat channels * 56:30 Why Bitcoin might be the most inclusive currency * 01:00:49 How Bitcoin could be unlocking a new customer that was otherwise unwilling to bank, similar to how Robinhood unlocked a new investor base with lower barriers to entry * 01:03:42 The ability to focus on markets that other people are unable to focus on may be one of Bitcoin’s most valuable current features * 01:06:15 Obi’s recounting of Gridless, a Kenyan Bitcoin mining company that has transformed villages in Africa * 01:10:00 Preston’s comparison of Bitcoin to Mitochondria * 01:11:02 Conclusion, and final thoughts from Harry, Preston, Obi, Yassine, Jack and Cathie Show Notes: * June ARK Invest Bitcoin Monthly – https://twitter.com/dpuellark/status/1676733038674190338 * Money Matters Podcast with Jack Mallers and guest Jack Dorsey https://podcasts.apple.com/us/podcast/ep-1-jack-dorsey/id1695949365?i=1000619425244 * Ai4ALL Hackathon – https://bolt.fun/tournaments/ai4all/overview To learn more about Bitcoin Park – bitcoinpark.com

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Chief Futurist Brett Winton. Together they discuss the possibility of a Room Temperature Superconductor, what we are learning about ad spending from company earnings reports, and Sam Altman’s Worldcoin. Key Points From This Episode: * Intro * Potential Super Conductor * Ad Spending * Worldcoin

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Bitcoin. We believe Bitcoin’s long-term opportunity is strengthening. Despite a turbulent year, Bitcoin has not skipped a beat. Its network fundamentals have strengthened and its holder base has become more long-term focused. Contagion caused by centralized counterparties has elevated Bitcoin’s value propositions: decentralization, auditability, and transparency. The price of one bitcoin could exceed $1 million in the next decade. Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security or cryptocurrency. Past performance is not indicative of future results.

On this episode of FYI, we explore the strategic launch of Meta’s Threads and their significant impact on brands with a keen focus on brand safety. We discuss how large brands tend to be risk-averse and how Twitter’s brand safety issues have made Meta’s Threads appealing for advertisers. We also explore the rise of TikTok as a platform for performance advertising, along with the advantages of Meta’s algorithm for performance advertising. We touch on the success and challenges of brand characters and the importance of authenticity in content. Additionally, we delve into the significance of organic content on TikTok before running ads, the role of social proof, and the rise of retail media and over-the-top (OTT) advertising. We analyze the impact of Threads on brand safety perceptions and the differing perspectives on Threads and Twitter. We also explore the recent announcements of creator funds by Snap and Meta and their implications. We delve into VaynerMedia’s role in digital advertising and their integrated creative and media approach. Finally, we discuss the excitement surrounding Roku’s partnership with Shopify in TV-generated commerce and the potential for targeted advertising based on collected data. Join us as we explore these timely and relevant topics with our guest, Jon Morgenstern. “It was strategic and very smart timing, at least in the perspective of brands, for Meta to launch threads when they did.” @JonMorgenstern (https://twitter.com/intent/tweet?text=%22It+was+strategic+and+very+smart+timing%2C+at+least+in+the+perspective+of+brands%2C+for+Meta+to+launch+threads+when+they+did.%E2%80%9D+%40JonMorgenstern%20@ARKinvest%20-%20https://ark-invest.com/podcast/meta-threads-a-deep-dive-with-jon-morgenstern/) Key Points From This Episode: * Gary Vaynerchuk and VaynerMedia loves being early in social media * Smart timing for Meta’s launch of threads. Brands value brand safety and may pull back due to risk on Twitter * What Threads might offer advertisers * Twitter strategically pressures Meta in creator monetization * Twitter’s future lies in short video * TikTok’s threads and comments generate engagement * Creating successful brand characters is difficult * TikTok drives organic engagement and social proof * Roku’s news with Shopify play buzzes excitement * Possible precedents for multiple players in Threads * Evolving Instagram with new features and integration

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Director of Investment Analysis. Together they discuss Tesla Earnings, Hollywood Strikes, and general AI Updates, including Meta’s Llama 2. Key Points From This Episode: * Tesla Earnings * Hollywood Strikes * AI Updates

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Electric Vehicles. Investors once questioned whether the future was electric. Demand for EVs has scaled despite a pause in cost declines caused by commodity price shocks. Now investors doubt whether or not the growth will be exponential. The debate around electric vehicles has shifted from demand to supply. Based on Wright’s Law, ARK forecasts that EV prices will decline and sales will increase more than 7-fold, or 50% at an annual rate, from roughly 7.8 million in 2022 to 60 million units in 2027. The biggest downside risks to our forecast are supply constraints that could continue to impact pricing and the speed at which traditional automakers transition to electric vehicles. Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

When ARK CEO and CIO Cathie Wood was discussing Bitcoin and Digital Assets in general with her mentor and famed economist Dr. Arthur Laffer, he told her that it reminded him of an era before the Federal Reserve existed. This idea spurred Cathie to invite Dr. Laffer on the FYI podcast to further discuss the history of money in general and what Bitcoin’s role in the history of money might be. Alongside Cathie and Art, we are also pleased to welcome Ophelia Snyder, the Co-Founder and President of 21.co, a Cryptocurrency Exchange Traded Product (ETP) provider. In the discussion, Cathie, Art and Ophelia discuss the original idea of centralized money, the economic booms and busts of the past, the transparency of digital assets and much more. “And the more decentralized and transparent the ecosystem is, the better. The more secure.” @OpheliaBSnyder (https://twitter.com/intent/tweet?text=%E2%80%9CAnd+the+more+decentralized+and+transparent+the+ecosystem+is%2C+the+better.+The+more+secure.%E2%80%9D+%40OpheliaBSnyder%20@ARKinvest%20-%20https://ark-invest.com/podcast/bitcoin-and-the-history-of-money/) Key Points From This Episode: * The United States early definition of a dollar * The relatively novel concept of centralized money * A world before the Federal Reserve (Fed) in 1913, and how the Fed changed money * Economic booms and busts in history starting with The Great Depression * How the real economy has changed in the US and globally * What a new Gold-Standard in the world of Digital Assets look like * Art argues for the necessity of a price rule * Stable coins and some of their inherent challenges * Bitcoin’s similarities to Gold * The number of wallets that hold Bitcoin long term * The potentially changing role of the SEC * Why a more transparent and decentralized ecosystem may be beneficial Please note that 21.co and ARK are unaffiliated entities.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Crypto Lead Yassine Elmandjra. Together they discuss the SEC Ripple decision, the ongoing Threads and Twitter battle, and the economy of Space, including SpaceX. Key Points From This Episode: * SEC and Ripple * Twitter vs. Threads * Space Economy Update

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Public Blockchains. In 2022, the contagion from Terra/LUNA, Three Arrows Capital, Celsius, and FTX/Alameda wiped out ~$1.5 Trillion in crypto market capitalization. Despite the severe downturn, public blockchains continue to foster The Monetary, Financial, And Internet Revolutions. The long-term opportunity for Bitcoin, DeFi, and Web3 is strengthening. Cryptocurrencies and smart contracts could command $20 trillion and $5 trillion in market value, respectively, during the next ten years. Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular or cryptocurrency security. Past performance is not indicative of future results.

On today’s episode of FYI we will be featuring last week’s episode of In The Know, a monthly video series in which ARK CEO and CIO Cathie Wood discusses Fiscal Policy, Monetary Policy, Economic and Market Indicators and Innovation. On this specific episode, Cathie Wood, weighs in on artificial intelligence (AI), Bitcoin, Fed Policy, electric vehicles, the discrepancy between GDP and GDI, bankruptcies, and the German and Chinese economies. Watch the video version here (https://ark-invest.com/videos/market-insights/july-7-2023-in-the-know-with-cathie-wood/). Key Points From This Episode: * Lagging and leading market indicators * Rising bankruptcies * The Fed’s policy, as indicated by the latest Fed meeting minutes * The discrepancy between Gross Domestic Product (GDP) and Gross Domestic Income (GDI) * The potential for a hard economic landing * Bitcoin, and a potential spot Bitcoin ETF * An apparent increase in demand for Electric Vehicles * The current state of the German and Chinese economies * The Artificial Intelligence Revolution Glossary of Terms “Fed” refers to the U.S. Federal Reserve, the central banking system of the United States. Fed Funds Rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight on an uncollateralized basis. M2 is the U.S. Federal Reserve’s estimate of the total money supply including all of the cash people have on hand plus all of the money deposited in checking accounts, savings accounts, and other short-term saving vehicles such as certificates of deposit (CDs). Yield Curve is a graphical representation of the interest rates on debt for a range of maturities. It shows the yield an investor is expecting to earn if they lend their money for a given period of time. An inverted curve appears when long-term yields fall below short-term yields. An inverted yield curve occurs due to the perception of long-term investors that interest rates will decline in the future. A Basis Point is equal to 1/100th of a percentage point (100 basis points = 1%). Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. Nominal GDP is a measure of economic output that uses current prices and does not adjust for inflation. “CPI” refers to the Consumer Price Index, which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Core CPI excludes food and energy. “Magnificent 7” is a term adopted by the financial industry to describe the top seven technology companies currently investing heavily in artificial intelligence (AI). The seven companies are Meta Platforms, Alphabet, Apple, Amazon, Microsoft, Nvidia and Tesla. The previously used “FAANGs” acronym, coined in 2017, described the top technology companies at the time and included Meta Platforms (f/k/a Facebook), Apple, Amazon, Netflix and Google (now trading under its parent company, Alphabet). “Mega-caps” refers to companies with market capitalizations in excess of $200 billion. Market capitalization refers to the total dollar market value of a company’s outstanding shares of stock. The S&P 500 is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. The Nasdaq-100 is a stock market index made up of 101 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. “QQQs” refers to the Invesco QQQ Trust ETF which is a passive ETF that tracks the Nasdaq 100 Index and therefore is sometimes used as a proxy for the index in conversation.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today. This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus discuss Meta’s Threads platform, Tesla Autonomous Marketplace Dynamics and Declining Used Vehicle Prices.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Artificial Intelligence. Generative AI made waves this year, from DALL-E-2 to ChatGPT. These tools are improving the productivity of knowledge workers—~2x in the case of AI coding assistants. AI training cost declines continued at an annual rate of 70%, the cost to train a large language model to GPT-3 level performance collapsing from $4.6 million in 2020 to $450,000 in 2022. We expect cost declines to continue at a 70% rate through 2030. AI should increase the productivity of knowledge workers more than 4-fold by 2030. At 100% adoption, AI could increase global labor productivity ~$200 trillion, dwarfing the ~$32 trillion in total knowledge worker salaries. Watch the video version here. (https://ark-invest.com/big-ideas-2023/artificial-intelligence/) Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

On this episode of FYI, our hosts and special guest Dr. Ann Marie Sastry dive into the intersection of artificial intelligence (AI) and education. They discuss the importance of engagement in education, the role of technology and generative AI, and the need to inspire learners in new ways. Dr. Sastry shares her experience founding two companies, Amesite and Sakti3, and her passion for innovating education. The conversation covers personalized teaching and how AI can help people leverage their strengths, the shift in gaming towards creator platforms, and the need for education to compete with other forms of entertainment. The speakers also share personal experiences with technology-integrated education and the importance of social media in engaging younger generations. Don’t miss this fascinating discussion about the future of education and AI’s role in it. “The average sixth grader will have a job that does not exist yet.” — @annmariesastry (https://twitter.com/intent/tweet?text=%22The+average+sixth+grader+will+have+a+job+that+does+not+exist+yet.%22+--+%40annmariesastry%20@ARKinvest%20-%20https://ark-invest.com/podcast/how-artificial-intelligence-is-powering-education/) Key Points From This Episode: * Bridging education and AI for innovative approaches to future learning. * Shifting from education as a sorting function to cultivating individual talents. * Education through innovation offers socioeconomically disadvantaged students life-changing opportunities. * The Innovation Foundation’s age-appropriate research curriculum in Pinellas County offers personalized, innovative education, fostering a mindset change in students, and preparing them for future jobs. * AI personalizes education, recognizing individual strengths in students, aiding teachers, and promoting creativity. * AI integration enhances learning by providing relevant, contextual information and promoting user-friendly, innovative learning experiences. * Integrating AI and social media into education encourages engagement, creativity, and economic relevance.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Digital Consumers. In 2022, digital leisure spending* totaled $6.6 trillion and, during the next eight years, should grow 17% at a compound annual rate to $22.5 trillion adjusted for inflation. Four trends should contribute to its growth: Connected TV (CTV): Roughly 85% of US households have access to at least one CTV, but the CTV ad market is only 23% the size of total US TV ad budgets. In our view, CTV is at an inflection point and will take share from both linear TV and other digital ad budgets. New Social Platforms: Nearly 40% of Gen Z consumers prefer to search on TikTok and Instagram over Google Search and Maps. Social platforms with the best recommendation engines should command the majority of ad budgets, with content-based social media likely outperforming follow-and-feed social media. Sports Betting: Despite macro headwinds, consumer demand for sports betting remains strong. Legalization of online/mobile sports betting should continue to catalyze growth. Gaming: The convergence of video games and social media should sustain gaming revenue growth. Video games should provide end-to-end virtual entertainment that rivals physical experiences. Watch the video version here. (https://ark-invest.com/big-ideas-2023/digital-consumers/) *We define digital leisure spending as the sum of consumer expenditures on leisure-related goods and services purchased online, NFTs, online sports betting, video game software and services, streamed video, and streamed audio. We only estimate online sports betting volume generated in Canada and the US. Sources: ARK Investment Management LLC, 2023. Altruda, C. 2022; Roblox, data as of 12/30/22; S&P Global Market Intelligence, data as of 01/25/23. The World Bank, data as of 12/30/22; Insider Intelligence, data as of 01/02/23; S&P Global Market Intelligence, data as of 01/25/23; Perez, S. 2022; Statista, data as of 01/25/23. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

Immunotherapy has the potential to cure cancer. Today we are joined by a leading figure in cancer studies and research and one who has helped shape the immunotherapy landscape, Dr. Patrick Hwu. The internationally recognized Dr. Hwu previously applied his trade at the National Cancer Institute and is now the President and CEO of one of America’s leading cancer hospitals, the Moffitt Cancer Center. We tap into Dr. Hwu’s wealth of knowledge and experience as he explains what immunotherapy is, its benefits, and how it differs from other cancer treatments. We explore the recent advancements in immunotherapy and what the future of this treatment looks like, why the time to market for new technologies and therapies needs to improve and how the FDA fits in, how to get the right treatments to the right patients at the right time, and how Dr. Hwu and his team are impressing the industry with the way they use math, data aggregation, and large language models (LLMs) to problem-solve. We end with some heartfelt stories of triumph from Dr. Hwu’s career, the hand he’s played in building Florida’s formidable biotech ecosystem, and his words of inspiration for future scientists and a message of hope for families who are currently fighting through treatment. We have to, as a society, continue to shrink that time between the lab idea, the clinical trial, and the FDA approval for drugs that can really save lives.” — @PatrickHwuMD (https://twitter.com/intent/tweet?text=We+have+to%2C+as+a+society%2C+continue+to+shrink+that+time+between+the+lab+idea%2C+the+clinical+trial%2C+and+the+FDA+approval+for+drugs+that+can+really+save+lives.%E2%80%9D+%E2%80%94+%40PatrickHwuMD%20@ARKinvest%20-%20https://ark-invest.com/podcast/shaping-the-immunotherapy-landscape-with-patrick-hwu-md/) Key Points From This Episode: * Joining us today is the President and CEO of Moffitt Cancer Center, Dr. Patrick Hwu. * Background on Dr. Hwu’s professional career. * What immunotherapy is, its benefits, and how it differs from traditional cancer treatments. * How Dr. Hwu helped shaped the immunotherapy landscape: his ‘aha’ moments. * Exciting advancements going on in his lab and immunotherapy in general. * Dr. Hwu explains he’s having a lot of fun working with CRISPR for gene editing. * Why FDA regulations need to be adjusted to accommodate new technologies and treatments. * How to lower the costs of cell and other important therapies, and why this needs to happen. * Why resources like ClinicalTrails.gov need to be more abundant. * Examining why some patients respond better to gene therapy than others. * How to improve the process of getting the right drug to the right patient at the right time. * The impressive way that Dr. Hwu and his team utilize math, data aggregation, and LLMs. * Assessing the challenge of persistence in immunotherapy. * Inspirational stories of triumph from Dr. Hwu’s career. * Revisiting more ways to shorten the time to market for new technologies and therapies. * Playing piano for two bands, and other ways that Dr. Hwu lets off steam. * How he’s contributed to building an impressive biotech ecosystem in Florida. * Advice for potential immunotherapy scientists, and words of hope for families in therapy.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on 3D Printing and Robotics. Robotics and 3D printing can collapse time from development to production, shorten supply chain footprints, reduce waste, and lower costs. ARK estimates that manufacturing robots and 3D printing could scale at a ~80% annual rate during the next eight years, from $70 billion in 2022 to ~$9 trillion by 2030. Watch the video version here. (https://ark-invest.com/big-ideas-2023/3d-printing-and-robotics/) Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

According to Dr. Arthur Laffer, since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. On today’s podcast, ARK CEO, CIO and Founder Cathie Wood is again joined by Dr. Arthur Laffer, a famed economist, well-known for his creation of “The Laffer Curve,” so Dr. Laffer and Cathie can discuss Laffer’s book, Taxes Have Consequences, in which Dr. Laffer provides a history of taxes and their impact on the United States economy. Dr. Laffer explains why he believes that a low rate broad-based flat tax, spending restraint, sound money, minimal regulations, and free trade are the answers to most of our economic problems. “Low rate broad-based flat tax, spending restraint, sound money, minimal regulations, and free trade, and then get the hell out of the way and let markets solve it.” — Arthur Laffer (https://twitter.com/intent/tweet?text=%E2%80%9CLow+rate+broad-based+flat+tax%2C+spending+restraint%2C+sound+money%2C+minimal+regulations%2C+and+free+trade%2C+and+then+get+the+hell+out+of+the+way+and+let+markets+solve+it.%E2%80%9D+%E2%80%94+Arthur+Laffer%20@ARKinvest%20-%20https://ark-invest.com/podcast/the-consequences-of-taxes/) Key Points From This Episode: * An overview of Arthur Laffer’s new book, Taxes Have Consequences. * How the government finances taxation. * A history of income tax since 1913. * Defining characteristics of the Roaring Twenties. * The market collapse that occurred in 1929. * Similarities between the environment in 1929 and today. * How Art would structure the American tax system if he could. * Why stimulus spending hurts the economy. * Art’s thoughts on regulation. * Why Art is a strong proponent of developing free trade agreements with countries that the US currently has issues with. * What makes America different from the rest of the world. * The correlation between tax hikes and economic performance. * Why everyone benefits in a low rate broad-based flat tax system. * The role of taxes in the Great Depression. * Factors that Art attributes the high inflation levels to. * The importance of acting fast when it comes to changing policies around taxes. * How the pandemic has accelerated the migration to low tax states. * Interesting statistics about states like Texas, Florida and Tennessee. * Art’s thoughts on how to address poverty in the United States.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Digital Wallets. Having onboarded billions of consumers and millions of merchants, digital wallets could transform the economics associated with traditional payment transactions, saving them nearly $50 billion in costs. With 3.2 billion users, digital wallets have penetrated 40% of the global population. ARK research suggests that the number of digital wallet users will increase 8% at an annual rate, penetrating 65% of the global population by 2030. As consumers and merchants adopt digital wallets, the usage of traditional checking accounts, credit and debit cards, and direct merchant accounts should decline, disrupting traditional payment intermediaries. Cutting out middlemen, digital wallets could facilitate closed-loop transactions for more than 50% of their payment volumes, potentially adding $450 billion to the current $1 trillion in digital wallet enterprise value by 2030. Watch the video version here. (https://ark-invest.com/big-ideas-2023/digital-wallets/) Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

We are very excited to be joined today by one of the world’s leaders in scientific and biological research, Dr. Jonathan Weissman. After a breakdown of Jonathan’s professional background, we dive into CRISPR and how the genetic engineering tool can be used for drug development, disease discovery, and as a therapeutic treatment of its own. You’ll learn how our guest is using CRISPR in his lab and some of the solutions that he and his team have come up with for protein misfolding. Jonathan explains how his work has evolved beyond cancer, why he’s a fan of ex vivo lung perfusions (EVLPs), what needs to be done to bring new therapies and technologies to market quicker, and why he believes that there is no better time to be a young scientist than right now! “It’s an incredibly exciting time. Our fundamental understanding of biology, of who we are and where we came from is changing dramatically.” — Dr. Jonathan Weissman (https://twitter.com/intent/tweet?text=%E2%80%9CIt%E2%80%99s+an+incredibly+exciting+time.+Our+fundamental+understanding+of+biology%2C+of+who+we+are+and+where+we+came+from+is+changing+dramatically.%E2%80%9D+%E2%80%94+Dr.+Jonathan+Weissman+%20@ARKinvest%20-%20https://ark-invest.com/podcast/programming-medicine-with-dr-jonathan-weissman/) Key Points From This Episode: * Introducing Dr. Jonathan Weissman and his professional background. * The idea of programmable medicine and how CRISPR fits into drug development. * Exploring the benefits and drawbacks of using CRISPR tools. * How Jonathan has been implementing CRISPR in his lab. * Why he thinks that his work is an important biological development. * CRISPR as both a tool for discovery and a therapeutic treatment of its own. * Our guest explains how we’ve evolved even beyond cancer. * Some of the problems of protein misfolding (and Jonathan’s solutions). * Taking a look at CRISPR delivery methods and how he sees these processes evolving. * The ins and outs of EVLPs and why our guest is excited by this topic. * What needs to be done to reduce the time to market for new therapies and technologies. * Why scientific outreach is important and why it’s an exciting time to be a young scientist. * Jonathan’s advice for future science leaders.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Precision Therapies. Precision therapies are patient-centric and target the root cause of disease, not symptoms. Designed using novel experimental and computational methods, precision therapies could develop faster and more cost-effectively than traditional therapies.  Rapid advances in technologies like artificial intelligence (AI), DNA and RNA sequencing, CRISPR gene editing, and laboratory automation have spawned new therapies, enabling the treatment of diseases previously considered intractable. Increasingly, precision therapies are becoming multiomic, with mechanisms of action spanning DNA, RNA, proteins, and more. Based on ARK’s research, the enterprise value of companies focused on precision therapies could appreciate 29% at an annual rate from ~$500 billion in 2022 to ~$3 trillion by 2030. Watch the video version here. (https://ark-invest.com/big-ideas-2023/precision-therapies/) Sources: ARK Investment Management LLC, 2023. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.

Reducing complexity, increasing speed, enhancing the user interface, reducing costs, reducing waste, enhancing equality, and saving lives; this is the mission of Zipline. Today on the show, we are joined by Keller Rinaudo Cliffton, the co-founder of the company on a mission to provide the world with an autonomous drone logistics system that is incomparable to any other delivery service on the planet. Despite the enormous amount of skepticism they were up against, Keller and his team chose to turn science fiction into reality. Through delivering blood to hospitals in Rwanda, Zipline has been able to reduce the maternal mortality rate by 88%, and they have flown over 40 million miles for commercial purposes. In this episode, Keller talks about the variety of challenges that have made the Zipline mission far harder than they anticipated, their humble approach to product development, and what this groundbreaking business model means for the future of logistics and human kind. “Five and a half million kids lose their lives every year due to lack of access to basic medical products. A big part of that is logistics.” — @KellerRinaudo (https://twitter.com/intent/tweet?text=%E2%80%9CFive+and+a+half+million+kids+lose+their+lives+every+year+due+to+lack+of+access+to+basic+medical+products.+A+big+part+of+that+is+logistics.%E2%80%9D+%E2%80%94+%40KellerRinaudo%20@ARKinvest%20-%20https://ark-invest.com/podcast/revolutionizing-logistics-with-keller-rinaudo-cliffton/) Key Points From This Episode: * The motivation behind the founding of Zipline. * What Zipline’s first year of operations in Rwanda consisted of. * Why the assumption that uptake of advanced technology always occurs in developed countries first is incorrect. * How Zipline has expanded its service since its founding. * The alternative delivery options to Zipline (and why Zipline believes its service offers so much more value to its customers). * Statistics that highlight the impact that Zipline has had on the Rwandan healthcare system. * Skepticism that the Zipline idea was met with prior to its launch. * Why naivete can be an entrepreneurial superpower. * The number of autonomous miles that Zipline drones have flown for commercial purposes. * Obstacles that Keller and his team have had to overcome to get Zipline to where it is today. * An overview of the expertise on the Zipline team. * Zipline’s approach to product development. * How Zipline has helped to evolve aerospace regulations. * Reasons for the drastic increase in demand for instant delivery. * The problems with traditional delivery mechanisms and how Zipline is solving them.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Autonomous Logistics. Autonomous logistics—including trucks, drones, and robots—should lower delivery costs and increase convenience. Based on our updated assumptions on pricing, ARK estimates that autonomous logistics revenue could scale from nearly zero today to $1-2 trillion by 2030. Autonomous delivery charges could range from $0.20 to $10 per trip. Watch the video version here. (https://ark-invest.com/big-ideas-2023/autonomous-logistics/)

Join us today for a conversation on the exciting progress and possibilities of genetics in pediatric care, with Dr. Caleb Bupp. Caleb is the Division Chief of Medical Genetics and Genomics at Spectrum Health and Helen DeVos Children’s Hospital, and we get to hear from him about his path into this role, and how he first discovered his passion for helping young ones. Our guest comments on the central themes of parental communication, cost reduction, and genetic exceptionalism before we delve into some of the most noteworthy points of progress in the pediatric field at the moment. We look at the Project Baby Bear and Project Baby Deer programs, and the important impact that the speed and timing of results can have on the care of kids, with Caleb explaining the societal norms and expectations around genetics and engagement with these datasets. He also raises some concerns about access to care and shares an inspiring success story from the last few years, so make sure to tune in to get it all. If you have a sick kid and you can do a test to figure out why they’re sick really fast, you give better care.” — Dr. Caleb Bupp (https://twitter.com/intent/tweet?text=If+you+have+a+sick+kid+and+you+can+do+a+test+to+figure+out+why+they%27re+sick+really+fast%2C+you+give+better+care.%E2%80%9D+%E2%80%94+Dr.+Caleb+Bupp+%20@ARKinvest%20-%20https://ark-invest.com/podcast/the-future-of-genetics-in-pediatric-care/) Key Points From This Episode: * Caleb takes us through his career journey and the roots of his interest in genetics and pediatrics. * Reflection on the Concert Genetics Conference and Caleb’s involvement. * Reducing costs and freeing up resources for more impactful care. * Thoughts on the intangible value of providing comprehensive patient information for parents. * Dr. Bupp weighs in on the topic of genetic exceptionalism. * Surprising recent developments in fields of genetics and pediatrics. * Potential challenges with the amounts of information that clinicians needs to process. * Experiences and progress with the Project Baby Bear program. * Caleb’s recent paper and presentation on the work at Project Baby Deer. * The impact of earlier and faster intervention when treating children. * How more proactive and effective screening can affect general societal health. * Caleb shares the standout story of a patient with variants of uncertain significance and DFMO (difluoromethylornithine, a substance being studied in the treatment of cancer). * Applying the principals of drug repurposing to other scenarios. * Looking to the future and Caleb’s hopes for the short and long-term of the pediatric space.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast. Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow. We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change. To learn more, view Big Ideas 2023 (https://ark-invest.com/big-ideas-2023/). This week’s Big Ideas Monday Mini Episode focuses on Molecular Diagnostics. Next-generation sequencing (NGS) costs have collapsed, making molecular diagnostic tests more feasible and turbocharging our understanding of tumor biology.[1] By leveraging artificial intelligence (AI), cancer diagnostics labs have created less invasive tests like liquid biopsies to supplement tissue biopsies.[2] As proof of clinical utility accumulates, ARK estimates that the total addressable market (TAM) for molecular cancer diagnostic tests in the US is ~$95 billion, its revenue increasing more than 20% annually during the next five to ten years, from ~$5 billion in 2022 to $24 billion in 2030. Moreover, the collective enterprise value of molecular cancer testing companies should expand at a similar rate from ~$30 billion in 2022 to $145 billion in 2030. Wach the video version here (https://ark-invest.com/big-ideas-2023/molecular-diagnostics/).

The International Space Station (ISS) is the largest human-made object in low Earth orbit and serves as a unique platform for scientific research and technological development. It was first made operational in the year 2000 and acts as a symbol of international diplomacy, demonstrating how countries can work together to achieve a common goal, despite political or cultural differences. And as the ISS enters its third decade of operation, it nears the end of its planned operational life, which is set for 2028, at the earliest. Joining us today to discuss the ISS, its incredible achievements, and its future are two leading figures from Axiom Space, Chief Information Officer Amir Blachman, and Chief Astronaut Michael López-Alegría. In our conversation, we discuss the plan to retire ISS and Axiom Space’s role in transitioning to becoming a commercial space station. We learn about Ax-1, the first fully private astronaut trip to the ISS, led by Axiom Space, and what to expect from their second upcoming mission, Ax-2. Michael and Amir also provide insight into the founding of Axiom Space, the expert team that runs its operations, and the key factors that sets the company apart from its competitors. To learn more about Axiom Space, the history of the ISS, and the future of spaceflight, be sure to tune in today! “We’re facilitating the extension and invention of commerce in space through which we offer access to countries, institutions, industries and individuals that have ideas that fuel the human economy beyond earth.” – Amir Blachman (https://twitter.com/intent/tweet?text=%E2%80%9CWe%E2%80%99re+facilitating+the+extension+and+invention+of+commerce+in+space+through+which+we+offer+access+to+countries%2C+institutions%2C+industries+and+individuals+that+have+ideas+that+fuel+the+human+economy+beyond+earth.%22+-+Amir+Blachman%20@ARKinvest%20-%20https://ark-invest.com/podcast/building-a-commercial-space-station/) Key Points From This Episode: * Introducing today’s guests, Amir Blachman and Michael López-Alegría. * An overview of the International Space Station (ISS) and its functions. * The ISS’s importance as a lab and as a symbol of diplomacy. * Why the ISS will eventually need to be replaced and how it should be done. * Axiom Space’s goal to build the world’s first commercial space station. * A breakdown of how Axiom Space plans to accomplish this. * How things have changed at the ISS in the past two decades. * Examples of how the ISS has benefited humanity. * Axiom Space’s role in transitioning the ISS into becoming a commercial space station. * The origins of Axiom Space and how they were chosen to be the partner for this project. * A rundown of Axiom Space’s business model for their commercial space station. * Some of the innovative ways that countries and companies are using the ISS. * Insights into Axiom Space’s user base and why they fly with them to the ISS. * The details of Ax-2, Axiom Space’s second upcoming mission to the ISS. * An overview of Ax-1, the first fully private astronaut trip to the ISS. * Takeaways from Ax-1 and how they conducted research. * How Ax-1 helped Space Axiom grow as a company. * Some of the research that will be conducted on the Ax-2 space mission. * Michael’s thoughts on the future of space travel for everyday people. * Insight into the factors that have helped make Axiom Space so successful in this field. * Hear Michael’s predictions of when we’ll see the first human on Mars.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast.rnrnBig Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.rn rnWe believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change.rnrnTo learn more, view u003ca href=u0022https://ark-invest.com/big-ideas-2023/u0022 rel=u0022noopeneru0022 target=u0022_blanku0022u003eBig Ideas 2023u003c/au003e.rnrnThis week’s Big Ideas Monday Mini Episode focuses on Orbital Aerospace. Aerospace costs are declining, thanks to advancements in deep learning, mobile connectivity, sensors, 3D printing, and robotics. As a result, satellite launches and rocket landings are proliferating.rnrnIn the coming decade, satellite broadband and hypersonic flight could generate annual revenues of ~$84 billion and ~$270 billion, respectively.rnrnu003ca href=u0022https://ark-invest.com/big-ideas-2023/orbital-aerospace/u0022 rel=u0022noopeneru0022 target=u0022_blanku0022u003eWach the video version hereu003c/au003e.

Drug development is an extremely expensive endeavor, in large part because of the 96% failure rate of clinical drug trials. However, the new frontier of medicine has arrived, and Sean McClain and Joshua Meier (respectively the Founder/CEO and Chief Artificial Intelligence (AI) Officer of Absci) are leading the charge. Absci is a public company harnessing generative AI to create more effective medicines faster and less expensively. During this episode, Sean and Joshua explain how their pooled approach to antibody production works, why they focus so heavily on data, the metrics they use to evaluate their models, and why they are certain that personalized medicine is going to be a reality in the future. There are countless possible mashups of AI and drug discovery, and Absci attempts to bring an innovative approach to biologics to positively impact human health! “We’re not just developing AI within biologic drug discovery for the sake of it. We’re really wanting to utilize this to be able to discover new biology.” — @SeanRMcClain (https://twitter.com/intent/tweet?text=%E2%80%9CWe%27re+not+just+developing+AI+within+biologic+drug+discovery+for+the+sake+of+it.+We%27re+really+wanting+to+utilize+this+to+be+able+to+discover+new+biology.%E2%80%9D+%E2%80%94+%40SeanRMcClain%20@ARKinvest%20-%20https://ark-invest.com/podcast/bettering-human-health-through-artificial-intelligence/) Key Points From This Episode: * Sean’s original idea behind the founding of Absci and how it has evolved into what it is today. * How Absci is making the process of drug creation much more efficient. * The career path that led Josh to Absci. * How antibodies are currently produced. * The most important aspects to consider when developing an antibody. * A high-level overview of how Absci generates data. * The number of AI-generated designs that Absci can validate in any given week. * Metrics that Absci uses to evaluate their models. * What humanization is in the context of antibody design. * Understanding Absci’s naturalness model. * A common problem in the AI field. * The potential for collaboration with Big Pharma. * How the models Absci is developing can be applied in different contexts. * Sean and Joshua’s thoughts on what the future of medicine is going to look like. * How AI is likely to change the way we approach scientific and technological developments.

The concept of the metaverse has been around for decades, but recent advances in technology and the growing popularity of virtual worlds and online gaming have led to renewed interest in the idea. To help us unpack the nuance of the metaverse is Yonatan Raz-Fridman, the CEO and Founder of Supersocial, a metaverse enterprise building immersive digital experiences. Supersocial aims to pioneer the future of digital interactions, where people can seamlessly merge reality with fantasy and connect in ways that transcend physical boundaries. In our conversation, we unpack the complexity of the metaverse and its potential to shake up traditional commerce. We dive into the behavior shift happening around the metaverse and whether it’ll be adopted by the current or next generation of users. Discover the opportunities Supersocial is creating and how virtual worlds can help businesses achieve brand recognition and create unforgettable branded experiences. We hear how virtual worlds are breaking down barriers within commerce, an example of a brand helping Supersocial innovate in the space, the power of user-generated content, and much more. Tune in to this enlightening episode as we unravel the potential of virtual worlds and the exciting future that lies ahead for individuals and businesses alike. “I think for this new generation, the virtual world is essentially not a mimic of real life. It’s a whole different frontier.” — @yonatanrf (https://twitter.com/intent/tweet?text=%E2%80%9CI+think+for+this+new+generation%2C+the+virtual+world+is+essentially+not+a+mimic+of+real+life.+It%27s+a+whole+different+frontier.%E2%80%9D+%E2%80%94+%40yonatanrf%20@ARKinvest%20-%20https://ark-invest.com/podcast/exploring-virtual-worlds-with-yonatan-raz-fridman-from-supersocial/) Key Points From This Episode: * Background about Yon and why he decided to start Supersocial. * How Supersocial is different from a traditional gaming studio. * We discuss the future of virtual worlds and the ways video games will evolve. * The opportunities for innovation that Unreal Engine 5 provides. * An overview of the challenges associated with building virtual worlds. * Yon unpacks the behavior shift regarding the metaverse. * Whether the metaverse will be adopted by the current or next generation of users. * Why Minecraft has only been viewed as a video game and not as a platform. * Find out how virtual worlds can help brand recognition and branded experiences. * Bringing virtual worlds and traditional commerce together. * Hear an example of a brand that is leveraging the virtual space. * Ways customer relationship management is being redefined. * Discover the possibilities of the metaverse facilitating e-commerce virtually and physically.