Cathie Wood Praises AI and Bitcoin Predictions

Cathie Wood, renowned investor and CEO at Ark Invest, recently expressed her admiration for AI on X (formerly Twitter) and shared a document by Ark's Chief Futurist Brett Winton, discussing the rapid development and future potential of AI technology.

Wood believes AI is "the most transformative technology in history" and will catalyze innovations in areas like "autonomous mobility and multiomics sequencing for disease cures."

AI bots are rapidly advancing, with notable examples including ChatGPT from OpenAI, Midjourney, Grok from Elon Musk's xAI, Microsoft's Copilot, and Apple's AI endeavors.

Cathie Wood's Bitcoin Price Predictions

Besides AI, Wood is a Bitcoin advocate, predicting BTC could reach $600,000 by 2030, or even $1.5 million in a bullish scenario.

This aligns with predictions from Robert Kiyosaki, author of "Rich Dad Poor Dad," who also anticipates significant financial disruption due to AI. Kiyosaki forecasts Bitcoin could hit $500,000 by 2025 and $1 million by 2030.

As of now, Bitcoin prices are around $61,360.

Originally published on U.Today