BlockBeats news, on February 25, "Cathie Wood" posted that Citrini's thought piece on artificial intelligence shocked financial markets yesterday, but Ark Invest predicts that AI will trigger an explosive surge in entrepreneurial activity, significantly boost productivity, accelerate real GDP growth, and result in inflation far lower than expected. If individuals can leverage powerful AI tools to solve problems and create new markets, short-term chaos and setbacks will ultimately give way to tremendous opportunities.
Previously, research firm Citrini Research released a report introducing the concept of a "global intelligence crisis," warning that AI could trigger a "race to the bottom" in knowledge-based jobs, disrupting the industrial and credit chains built around white-collar productivity. The report contributed to a sharp decline in U.S. software stocks on Monday.