Crazy talk from Cathie Wood again 🙄
One thing that bugs me: IMO, AGI will most likely come from one of the big tech companies. Why? Because you need:
- the best AI researchers
- high AI R&D funding
- lots of data
- lots of computing
- billions to burn without going bankrupt
If ARK Invest believes in AGI and wants its investors to profit from it, they should be positioned in all of these companies. However, they are not. Seems counterproductive to me.