Big Ideas
ARK Invest (Cathie Wood) · 2017
"Disruptive innovation platforms (AI, robotics, genomics, crypto, energy storage) will compound explosively."
ARK Invest publishes an annual 'Big Ideas' report outlining the convergence of disruptive technologies. They argue that when multiple exponential technologies (like AI, robotics, and genomics) intersect, the rate of innovation multiplies.
ARK's core thesis is based on 'Wright's Law', which states that for every cumulative doubling of units produced, costs decline by a consistent percentage. They identify foundational platforms—Artificial Intelligence, Energy Storage, Robotics, Genomic Sequencing, and Public Blockchains. The true economic explosion happens not in isolation, but when these curves intersect (e.g., AI combined with cheap battery storage creates autonomous robotaxis), creating trillions in new enterprise value.
What economic law does ARK Invest use to model the declining costs of disruptive technologies?
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The explanation above is written with AI assistance. These are the originals — go to them to check it.
- ARK Invest Big Ideas in Disruptive Innovation — overview and critiqueHouse overview / ARK Invest
The Next Big Thing Will Start Out Looking Like a Toy
"Disruptive innovations are dismissed as toys because they underperform on established metrics while excelling on new ones."