The post Cathie Wood Says the AI Boom Is Only in Its “First Inning” appeared on BitcoinEthereumNews.com. Cathie Wood said that the AI revolution is still in its earliest phase. Wood said consumer AI adoption is accelerating even as enterprises struggle to restructure. She expects real productivity growth to surge within the next year. ARK Invest founder Cathie Wood said that the AI revolution is still in the “first inning,” with the firm adding that the “story of AI has just begun” in a post shared on X. The entrepreneur discussed rapid expansion on the consumer side even as enterprises take time to debate productivity improvements. In the November mARKet Update Webinar recorded on November 14th, Wood addressed whether the AI rally is just a bubble. She dismissed the concern and said that while some corporate studies indicate elusive productivity gains, the real benefits follow a complete transformation within enterprise structures. According to Wood, consumers are already benefiting and have created a bifurcation that she believes will close as organizations adjust. She emphasized Palantir’s performance, with US commercial business up 123% last quarter, as evidence that strategic leaders recognize the urgency to adopt AI or risk losing “competitive edge.” Wood Expects Productivity Gains to Accelerate Within a Year Wood argued that individuals are already seeing meaningful productivity increases and expects the trend to begin showing in broader economic data. While the current productivity rate sits around 2.5%, Wood sees an upward shift soon as AI tools integrate deeper into everyday life. Within the next year, AI will begin to move the “real needle,” pushing real GDP growth to levels “people cannot imagine.” Meanwhile, ARK remains bullish on AI as well, purchasing 350,734 shares of Nvidia-backed CoreWeave for nearly $24 million after the stock fell sharply. Related: Ark Invest Goes on a Buying Spree with Coinbase, Bullish, and Circle Stocks Why is the Market Down Wood discussed present… The post Cathie Wood Says the AI Boom Is Only in Its “First Inning” appeared on BitcoinEthereumNews.com. Cathie Wood said that the AI revolution is still in its earliest phase. Wood said consumer AI adoption is accelerating even as enterprises struggle to restructure. She expects real productivity growth to surge within the next year. ARK Invest founder Cathie Wood said that the AI revolution is still in the “first inning,” with the firm adding that the “story of AI has just begun” in a post shared on X. The entrepreneur discussed rapid expansion on the consumer side even as enterprises take time to debate productivity improvements. In the November mARKet Update Webinar recorded on November 14th, Wood addressed whether the AI rally is just a bubble. She dismissed the concern and said that while some corporate studies indicate elusive productivity gains, the real benefits follow a complete transformation within enterprise structures. According to Wood, consumers are already benefiting and have created a bifurcation that she believes will close as organizations adjust. She emphasized Palantir’s performance, with US commercial business up 123% last quarter, as evidence that strategic leaders recognize the urgency to adopt AI or risk losing “competitive edge.” Wood Expects Productivity Gains to Accelerate Within a Year Wood argued that individuals are already seeing meaningful productivity increases and expects the trend to begin showing in broader economic data. While the current productivity rate sits around 2.5%, Wood sees an upward shift soon as AI tools integrate deeper into everyday life. Within the next year, AI will begin to move the “real needle,” pushing real GDP growth to levels “people cannot imagine.” Meanwhile, ARK remains bullish on AI as well, purchasing 350,734 shares of Nvidia-backed CoreWeave for nearly $24 million after the stock fell sharply. Related: Ark Invest Goes on a Buying Spree with Coinbase, Bullish, and Circle Stocks Why is the Market Down Wood discussed present…

Cathie Wood Says the AI Boom Is Only in Its “First Inning”

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  • Cathie Wood said that the AI revolution is still in its earliest phase.
  • Wood said consumer AI adoption is accelerating even as enterprises struggle to restructure.
  • She expects real productivity growth to surge within the next year.

ARK Invest founder Cathie Wood said that the AI revolution is still in the “first inning,” with the firm adding that the “story of AI has just begun” in a post shared on X. The entrepreneur discussed rapid expansion on the consumer side even as enterprises take time to debate productivity improvements.

In the November mARKet Update Webinar recorded on November 14th, Wood addressed whether the AI rally is just a bubble. She dismissed the concern and said that while some corporate studies indicate elusive productivity gains, the real benefits follow a complete transformation within enterprise structures.

According to Wood, consumers are already benefiting and have created a bifurcation that she believes will close as organizations adjust. She emphasized Palantir’s performance, with US commercial business up 123% last quarter, as evidence that strategic leaders recognize the urgency to adopt AI or risk losing “competitive edge.”

Wood Expects Productivity Gains to Accelerate Within a Year

Wood argued that individuals are already seeing meaningful productivity increases and expects the trend to begin showing in broader economic data. While the current productivity rate sits around 2.5%, Wood sees an upward shift soon as AI tools integrate deeper into everyday life.

Within the next year, AI will begin to move the “real needle,” pushing real GDP growth to levels “people cannot imagine.” Meanwhile, ARK remains bullish on AI as well, purchasing 350,734 shares of Nvidia-backed CoreWeave for nearly $24 million after the stock fell sharply.

Related: Ark Invest Goes on a Buying Spree with Coinbase, Bullish, and Circle Stocks

Why is the Market Down

Wood discussed present market conditions as well and explained that the economy is experiencing a temporary liquidity squeeze. A major reason for this squeeze is the Federal Reserve’s decision not to end quantitative tightening at its most recent meeting.

The Fed’s decision elevated Treasury General Account balances during the government shutdown. Wood expects the Fed to halt QT at the December 10 meeting. She noted that leading indicators, such as Treasury yields and real-time inflation measures like Truflation, show inflation stabilizing near 2.5%.

She believes the liquidity squeeze will resolve as the government resumes normal operations, QT winds down, and interest rates drop.

Related: Ark Invest Purchases $9.4M in eToro Shares, Sells $7.9M in Bitcoin ETF Holdings

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Source: https://coinedition.com/cathie-wood-says-the-ai-boom-is-only-in-its-first-inning/

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