Tech
A confident businesswoman presenting a growth chart in a professional setting.
Photo: Mikhail Nilov

Cathie Wood predicts AI boom will outpace Industrial Revolution, target 7% real GDP growth

Ark Invest CEO Cathie Wood says AI-driven technology could reshape the global economy more powerfully than the Industrial Revolution and lift real GDP growth to 7%.

Ark Invest chief executive Cathie Wood told investors that the AI-driven technology revolution is set to reshape the global economy more powerfully than the Industrial Revolution, forecasting a rise in real GDP growth to 7% and urging stakeholders to "Get on the Right Side of Change."

Wood’s projection signals a potentially transformative economic shift, suggesting that firms and policymakers may need to prioritize AI adoption to capture the anticipated growth surge.

ALSO READ | Cisco MACsec Secures AI‑Driven Networks, Traffic Jumps 450%, Adds Multi‑Layer Encryption

Video: Is Cathie Wood crazy or a genius? - A Finance professor's take
Watch on YouTube ↗
Why This Matters

If AI can indeed lift real GDP by 7%, the pace of economic expansion would far exceed recent decades, prompting investors, corporations, and regulators to re‑evaluate strategies, capital allocation, and policy frameworks to harness the technology’s upside.

Reporting based on verified dispatches from Benzinga. View primary release ↗
Stay Connected
Follow SamacharDaily on Instagram

Visual explainers, infographics, and daily news briefings on your feed.

More in Tech