Why AI Will Spark Exponential Economic Growth | Cathie Wood | TED

Investor Cathie Wood explores this unique moment in technology, which she sees as being marked by the simultaneous evolution of five pivotal innovation platforms — a scenario unparalleled in history. Exploring the role of AI in reshaping economic paradigms, she predicts a surge in global GDP growth and productivity, underscoring the need for businesses and investors to adapt in order to keep up.

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[DonaldMark-nese]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[frankburkhard]

I miss the days when there was a distinctive difference between a TED talk and a generic, run-of-the-mill corporate boardroom powerpoint presentation.

[Aarrenrhonda]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.

[yt_rm]

This sounded like a 14 minute long unskippable Youtube Ad.

[GianlucaAiello]

I seriously doubt "wages going up as employees become more productive".
Less jobs on the market will increase demand and lower waiges.
The speed of technology will go faster and our ability to adapt.

[Lou]

As global warming, pollution and the collapse of biodiversity causes the worst threat in human history, I am really puzzled by this supposedly good news that AI will spark an exponential economic growth!
Do we live on the same planet????

[SylvainDuford]

Why does TED give a platform to someone as disconnected from reality as she is? AI might make investors and billionaires richer and cause the stock markets to rise for a while. But the real economy will drop like a rock, and inequality will skyrocket.

[alphabeta]

3:00 Exponential growth
8:50 FED policy
10:50 *40% potential CAGR*
12:10 Creative destruction
13:00 *Convergence of blockchain tech and AI*

[interstellarsurfer]

Exponential economic growth - so that the rich get richer, and inflation keeps the poor where they belong.

[aaradhyadixit]

all i understood from this video is that, there'll will be a massive AI bubble which will be followed by a blood bath and a massive crash in the next 1-2 years..

[bruhvistan]

Can't wait for the comments to get disabled on this

[pushkarkhanal]

Creative Destruction ? This is how some speakers are not-so-creatively destructing the once respected TED platform.

[Brandon]

fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realised early on that achieving financial freedom requires hard work.

[CYBERSECURITY.]

Whether AI leads to exponential economic growth depends on how we choose to develop and deploy it. Responsible development, addressing societal challenges, and prioritizing human well-being are key to ensuring that AI benefits everyone.

[Aremisalive]

There is a 50-50 like to dislike ratio on this video. Ouch.

[TheMrfrodough]

The fact that ted allowed this psychopath on their stage demonstrates how far down its gone.


Productivity going up from ai wont give realistic and fair wage increases. Productivity has sky rocketed since the 1960s and yet wages have stagnated.

GDP has been a bunk measurement for the economy for ages. All GDP measures is how much is produced. Not whether its useful to society, not whether its needed, just volume.


GDP doesnt measure the peoples well being, which is the only measurement that matters.

[useyourbrain]

Who in their right mind would still listen to Cathy Wood?

[Raketensofa]

What happened, TED? How did you end up giving a stage to investors who have a vested interest in selling this narrative, instead of brilliant (social) innovators and thinkers like Ken Robinson? Seriously, how is this possible? Can anyone explain?

[GrumpDog]

Lower prices and higher wages will NOT happen, without being forced! Current corporate business thinking, their models and the way stockholders are setup, does not allow for any of the increased productivity gains, to go to workers. Shareholders will even sue to try to prevent those gains from ever going to workers, and CEOs often laugh at the thought.
AI is about to become "super intelligent" compared to the average person. Businesses will NOT pass up the savings of using AI to replace human workers. THIS BREAKS CAPITALISM! It breaks the relationship between labor and capital, and leads to collapse if we change nothing, because businesses not paying workers leads to customers who cannot spend on your products.
We need to rethink the whole social contract of society. We cannot justify distributing basic resources to people, based on their ability to compete, when AI will always out-compete them.

[andybaldman]

She isn't biased at all, is she? TED, you used to have integrity.