Big Ideas 2020: Technological Breakthroughs Investors Shouldn't Miss | ARK Invest

TL;DR

This report by ARK highlights the latest developments across various innovative technologies such as deep learning, streaming, electric vehicles, autonomous ride-hailing, next-generation DNA sequencing, and Bitcoin, predicting significant investment opportunities in these areas.

Transcript

we are witnessing an explosion of new technological breakthroughs to enlighten investors on the impact of these breakthroughs and the opportunities they will create we began publishing big ideas in 2017 this annual research report highlights the latest developments across innovation and it offers some of our most provocative research conclusions fo... Read More

Key Insights

• 🏑 Deep learning has transformative potential, with applications in various fields such as image recognition and conversational AI.
• 💗 Streaming technology is growing rapidly, reshaping viewer habits and offering investment opportunities in content distribution.
• 🥺 The electric vehicle market is expected to reach new heights as battery costs decline, leading to increased sales and revenues.
• 🥹 The autonomous ride-hailing market holds significant potential, with companies focusing on the full technology stack expected to control the best economics.
• 👣 Next-generation DNA sequencing is driving the genomic revolution, enabling clinicians to more accurately track cancer risks and potentially transform healthcare.
• 👶 Bitcoin presents an opportunity for a new global monetary system and could serve as a catalyst for currency demonetization, protection against asset seizure, and a digital store of wealth.
• ❓ Overall, technological breakthroughs offer vast investment opportunities in various sectors, but adaptation and innovation will be crucial for companies in automotive, logistics, retail, and insurance industries.

Questions & Answers

Q: What is the potential economic impact of deep learning?

Deep learning, a specific form of AI, has the potential to generate over $28 trillion in the next two decades. Its applications in image recognition and conversational AI have already shown significant breakthroughs.

Q: How will streaming technology impact the investment landscape?

Streaming revenue is projected to grow from $86 billion to $390 billion by 2024. This not only represents a long-term growth opportunity but also reshapes viewer habits and becomes the primary technology for content distribution.

Q: What is the forecast for the electric vehicle market?

As battery costs fall, ARK predicts that EV sales in 2024 will reach approximately 37 million units, generating over $1 trillion in revenues. This forecast is six times higher than the Consensus Estimate.

Q: What opportunities could arise from the autonomous ride-hailing market?

Even though autonomous ride-hailing may face delays, ARK believes it could be a larger opportunity than originally estimated. Companies that own the full technology stack are likely to benefit the most, potentially leading to a multi-trillion dollar market by 2024.

Summary & Key Takeaways

• Deep learning, a form of AI, is expected to generate over $28 trillion in the next 20 years through its applications in image recognition and conversational AI.

• Streaming revenue is projected to reach $390 billion by 2024, reshaping viewer habits and becoming the primary technology behind content distribution.

• Electric vehicle production is set to increase with falling battery costs, resulting in approximately 37 million EV sales in 2024 and over $1 trillion in revenues.

• Autonomous ride-hailing could be a larger opportunity than initially estimated, with potential winners in the automotive, logistics, retail, and insurance sectors.