On February 2, Cathie Wood's Ark Investment Company released the "Big Ideas 2023" annual investment research report. This report provides an overview of the latest global innovation technology convergence trends and covers the latest industry data, analysis and forecasts in thirteen innovation areas:
-artificial intelligence
- Digital consumers
- Digital wallets
- Public blockchain
- Bitcoin
- Smart contract network
- Precision treatment
- Molecular diagnostics
-Electric vehicle
- Autonomous driving
- Autonomous logistics
- Robotics and 3D printing
- Orbital aerospace
https://ark-invest.com/home-thank-you-big-ideas-2023
We tried to translate the electric car section first, and then we will translate other areas related to Musk later.
Ark's overview of the electric vehicle field:
"Investors have questioned whether the future is electric. Despite the pause in cost declines due to commodity price shocks, demand for electric vehicles has expanded. Now, investors wonder if that growth will be exponential.
The debate around electric vehicles has shifted from demand to supply. Based on Leyt's Law, ARK predicts that electric vehicle prices will fall, with sales increasing more than 7-fold, or at a rate of 50% per year, from approximately 7.8 million units in 2022 to 60 million units in 2027.
The biggest downside risks we predict are supply constraints that are likely to continue to affect prices, and the pace of the transition to electric vehicles by traditional automakers. ”
