Disruptive Innovation

Elon Musk reacted to Cathie Wood‘s forecast for accelerated global GDP growth driven by disruptive innovation. What Happened: On Friday, Musk acknowledged Wood’s optimistic projection about the future of disruptive innovation. Wood, through her firm ARK Invest, predicts a significant...

Cathie Wood’s ARK has stated that the market value of disruptive innovation platforms could scale 40% annually during this business cycle, from $13 trillion today to $200 trillion by 2030. In 2030, the market value associated with disruptive innovation could account for the...