TECH - Elon Musk Reacts To Cathie Wood's Bold GDP Growth Prediction Due To Disruptive Innovation: 'Wow' | Benzinga
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 boost in real GDP growth rates over the next two decades.
Wood’s statement, shared by her firm’s Director of Research, Brett Winton, suggests a jump from the historical 3% annual GDP growth to an impressive 6-8% in the coming 15-20 years. This prediction hinges on the impact of disruptive technologies.
Musk responded with a single-word tweet, “Wow.”
Wow — Elon Musk (@elonmusk) March 22, 2024
Why It Matters: Wood is ...