ARK Invest: technologies such as AI and blockchain may have a significant impact on macroeconomic indicators in the next five to ten years

On October 18, ARK Investment Management argued that technological innovation, particularly artificial intelligence and Blockchain technology, could play a key role in revitalizing the global economy. With inflation turning into deflation in several areas, ARK Invest believes that robotics, energy storage, artificial intelligence, blockchain and multi-OMIC (bioanalytical) sequencing could have a significant impact on macroeconomic indicators over the next five to ten years.According to Catherine Wood, interest rates are likely to come in lower than expected, amplifying the rally in some equities and enhancing demand for demand for diversified AI investments.