ARK Invest Big Ideas 2024

Technological Convergence - Disruptive technologies are converging, potentially accelerating global real economic growth from 3% to over 7% in the next 7 years[21] - Disruptive innovation's equity market value could increase from 16% to over 60% by 2030, growing from ~$19 trillion to ~$220 trillion[22] Artificial Intelligence - AI adoption is expected to significantly boost knowledge worker productivity, potentially quadrupling it by 2030[82] - AI hardware spending is projected to reach $1.3 trillion, supporting $13 trillion in AI software sales[71] Bitcoin Allocation - Bitcoin's annualized return has averaged ~44% over the last seven years, outperforming other major assets[166] - A portfolio seeking to maximize risk-adjusted returns would have allocated 19.4% to Bitcoin in 2023[179] - A 1% allocation from the $250 trillion global investable asset base into Bitcoin could result in a price potential of ~$120,000[190] Smart Contracts - The market value associated with decentralized applications could scale 32% annually, from $775 billion in 2023 to $5.2 trillion in 2030[240] - Smart contract networks could generate fees of $450 billion in 2030[290] Digital Consumers - Spending on digital leisure is projected to grow 19% annually, from $7 trillion in 2023 to $23 trillion in 2030[297] - Social commerce is expected to grow 32% annually, from $730 billion to over $5 trillion in 2030[298, 308] Digital Wallets - Closed loop consumer payments, merchant banking, and employee payroll/payments could increase revenues for vertical software platforms by 22-33% annually, from $7 billion in 2023 to $27-$50 billion in 2030[344] Precision Therapies - The enterprise value of companies focused on precision therapies could appreciate 28% annually, from ~$820 billion in 2023 to ~$4.5 trillion by 2030[397] Multiomic Tools & Technology - Multiomic technologies could reduce research and development spending per drug by more than 25%[444] Electric Vehicles - Electric vehicle sales are projected to scale 33% annually, from roughly 10 million in 2023 to 74 million in 2030[482] Robotics - Generalizable robotics could create a new market opportunity exceeding $24 trillion in revenue annually[516] Robotaxis - Robotaxi platforms could generate $28 trillion in enterprise value during the next five to ten years[553] Autonomous Logistics - Autonomous delivery revenues could scale to $900 billion in 2030[607] Reusable Rockets - Satellite connectivity revenues could reach $130 billion in 2030[648] - Hypersonic flight point-to-point could generate revenues of ~$35 billion in 2030, potentially reaching $350 billion at scale[648] 3D Printing - 3D printing revenues could scale ~40% annually, from ~$18 billion to ~$180 billion in 2030[693]