What We Think About OpenAI | ITK With Cathie Wood

[@obijuan3004]

The problem with ARK is opportunity costs. While they play the long game on many stocks that have yet to prove themselves, they miss out on great opportunities that are paying the big bucks right now. They are changing a bit, but opportunity costs are what is hurting them.

[@jesabraham3381]

Should have pulled my money the moment she gave the title of "Chief Futurist" to Brett. I mean... what kind of title is that?

[@mfpears]

Lock in your losses now. Don't wait to be wrong again.

[@stilllearning7434]

@@mfpears I hear you! But what is worse is a couple of her stocks need a look at by forensic accountants ...could be some skimming going on.

[@TiagoRamosVideos]

Very interesting 👌

[@williambreeze2659]

Thanks for this!

[@MindTheLongterm]

I struggle to reconcile the OS thesis with these foundation models when, yes, they will be used in software systems but more as a tool of many.

[@derspreewalder2286]

Thanks Cathie. 👍

[@JoniCanard]

Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[@tomasmcmillan3131]

Thank you for being so consistent and generous woth your findings. My agresive investors within my proactice have fared tremendously well over the past 5 years all thanks to your generous research. You have replaced the Investment banking and private placement workd for us the small RIAs of the investment world

[@pauleduard4772]

💕 the analysis. Thank you for sharing this information. Future technology is difficult to predict. ♥️ That you wade into all aspects of that discussion.

[@defaultmysq]

Thank u beautiful cathy!

[@evarlast]

LOL. I asked gpt who are the big four. It did not have twitter or anthropic included. It did have openai, google deepmind, microsoft???, and Facebook (Meta).

[@michaelkeppler6593]

Given Ark's performance in the past 5 years, they may want to change this series title into "In the Don't Know" ;-)

[@stilllearning7434]

Brett Winton, you have that Bill Hayley (of the Comets "Rock Around The Clock") look with that twirl of hair. Sorry it's not new...more like 1955. Pretty funny for a Futurist.

[@marwen_xts]

Thank you Ms Cathy! We love you 🥰

[@malekhakim7436]

Im up in everything but arkg 😊

[@dariobundi8239]

Palantir will be the operating system. These AIs will be powering the system.

[@malekhakim7436]

I'm an actual barista, specifically wanting to be 'retired' thanks to AI 😅

[@Jstuckey]

Hey Cathie and Brett, You're diving deep into the dollars and data with OpenAI, but let's chat about something that might not be on the balance sheet but definitely stirs the pot - ethics. You've got legions of folks out there whose jobs might soon be done by a whirring box or a dancing robot. We're talking about the truck drivers, the warehouse warriors, and maybe even the baristas, all potentially getting an early 'retirement' thanks to AI. Now, I'm all for progress - bring on the future where I can have a robot brew my coffee while I ponder the meaning of life, I can’t wait for my Optimus robot buddy, Randy. But there's a hefty chunk of humanity that's not quite ready to give up their aprons and hard hats. They might not just resist; they could outright rebel. How do you think this ethical conundrum and potential backlash could shake things up in the market? Could we see stock prices doing the jitterbug over protests against our silicon successors? And while we're at it, in the grand chess game of progress vs. preservation, are we just pawns moving towards an inevitable checkmate by our AI overlords, or do we have a say in directing this play? What's your take on navigating the ethical minefields without blowing up the innovation train? Let's get beyond the numbers and speculate wildly about the human element, because, let's face it, the stock market's just a mood ring for society's feelings about the future, right? Looking forward to your insights from the financial frontlines! #TSLA ❤Elon❤

[@earthling017]

Insightful perspective! In my view, machines will initially serve as force multipliers for human operators. However, with the aggregation of data from countless robots and AI systems, the pace of machine learning will accelerate dramatically. This rapid scaling of capabilities could be exponential, not just incremental. While humans can adapt to gradual changes, the swift evolution of AI might create societal conditions ripe for conflict. We are probably heading toward a future marked by significant turbulence and conflict.

[@noobmaster5434]

Is the metal/gold ratio distorted by huge buying from governments like China, can that be a source of discrepancy?

[@RavikumarTulugu]

brett has good sense of humor, "You search on google, they will always tell you it is cancer !!!" 🤣🤣🤣

[@terpenehunter5498]

These companies make money by u giving them ur money and they trade it lmao wake up slaves be ur own bank Bitcoin

[@arndt3203]

❤

[@mfpears]

Awesome stuff. The people complaining about losing money are bitter dimwits. Buy and hold.

[@shamnarayan9582]

For how long, it's already 4 years, I am more than 60% down. Hold for another 20 years?

[@stilllearning7434]

Cathie, the bad news for economists is that Artificial Intelligence may do away with their jobs. Just saying. Of course, it will not have your good looks or personality. 💕

[@BullishOnEVs]

MAHA!

[@dattaganesh1]

What about Roku ?

[@changeagent5051]

indeed.. I really need to hear feedback when Ark buys all the way down to the bottom and then sells out (TDOC) or buys before earnings just be for -20% drops (TXG) .. the KPI’s for distinguishing disruptive tech just not translating to commercial success.. disaster. Worse is I encouraged so many peers to invest in ark 🤦🏼‍♂️

[@jeevzthegod]

When are you guys going to address Bittensor Tao grayscale and google have already acknowledged this project yet you guys haven’t even mentioned it

[@sherribrezinski3219]

You are all hilarious ...philanthropy doesn't charge fees.

[@stilllearning7434]

Yeh, everything is free.

[@mfpears]

You're funny

[@kirkdogg007]

I've made so much with Cathy And ark

[@tvbhk8223]

Why provide such poor performance? Please fix your fund first.

[@davidconstantinfit]

Why tdoc cathie whyyyyy

[@REFLECTIONSTUDIOSTV]

Bretts hot lol 😅what did he even say ?!

[@tvbhk8223]

Worse performance. Lost investor's money!

[@KDISCLUTCH35]

Cathy’s fund still has a compound return of 10% since inception. Also I believe that the worst is behind them. Qeasing environment will help ARK a lot. If you held ark through this down period selling now would be a mistake since it basically hit a bottom. NFA

[@chrismckay9647]

Still not matching the S&P (close, but no cigar), and not holding a candle to Berkshire (a skillfully managed, low risk portfolio). Woods is an unfortunate joke.

[@jesabraham3381]

Yeah but it underperforms the S&P 500 index funds. Don't forget the 0.75% fees she charges for the meagre 10% return. Your returns would be a lot higher if you had invested in a simple index fund with lower fees.

[@marvinmuhlethaler8297]

I would not put one cent in her hands, but of course up to you.