FYI - For Your Innovation

In this episode of FYI, ARK CEO Cathie Wood and Analyst Nick Grous sit down with Vlad Tenev, Co-Founder and CEO of Robinhood. Together they explore how Robinhood is redefining retail investing and financial services—from expanding access to private markets and tokenized assets to transforming its product ecosystem into a fintech super app.Vlad discusses Robinhood’s long-term vision at the intersection of capitalism and democracy, why retail ownership matters more in the age of AI, and how the company is building around the upcoming $124 trillion generational wealth transfer. He also shares the strategic thinking behind Robinhood's expansion into credit, crypto, and international markets, including the development of its own blockchain and stablecoin.Finally, they explore the role of AI in Robinhood’s platform evolution, including the launch of Cortex, and the guiding philosophy behind the company’s product velocity and value-driven subscription model.Key Points From This Episode:00:00:00 Introduction00:11:10 Cathie and Vlad discuss how navigating the bear market made Robinhood and ARK stronger.00:13:25 Vlad outlines Robinhood’s mission and long-term opportunity to empower retail through ownership.00:17:28 ARK’s and Robinhood’s shared focus on expanding retail access to private markets through innovation and regulation.00:20:45 Why treating retail investors as a first-class constituency is an underutilized advantage for public companies.00:23:32 How Robinhood’s product velocity and innovation position it to capture assets during the $124T generational wealth shift.00:24:34 Designing features that work across extended families and using AI to eliminate frictions in moving assets between institutions.00:29:24 How the company decides when to partner, build in-house, or acquire based on speed, capability gaps, and strategic alignment.00:33:16 Vlad explains how Robinhood adapted its crypto strategy across regulatory cycles, culminating in its European tokenization launch.00:39:42 The internal "aha moment" that led to Robinhood’s push into tokenizing real-world assets—from equities to real estate.00:43:44 The tradeoff between adopting existing chains and owning the full product experience via Robinhood Chain.00:45:38 How Robinhood sees the stablecoin market evolving—especially in terms of yield, utility, and international access.00:52:40 Breaking down Robinhood’s growing credit product suite and the reasoning behind its Sage Home Loans partnership model.00:58:41 How Robinhood is using AI to simplify investing and help users understand market movements and options strategies.01:02:13 The extent to which Robinhood is using fine-tuned AI models across internal operations, especially customer service.01:04:49 Why the traditional view that retail investors aren’t “ready” for private markets no longer applies in the internet era.01:07:41 Vlad shares how the company is thinking about retention vs. pricing as Gold adoption scales.01:10:16 Cathie and Vlad reflect on the shared mission to educate investors and broaden access to financial innovation.

In this episode of the Brainstorm, Sam Korus and Nicholas Grous dive into the intriguing world of prediction markets, focusing on the recent partnership between Robinhood and Kalshi. They explore how this collaboration is reshaping access to sports betting across the U.S., especially in states where traditional sports betting remains illegal. The discussion also touches on the broader implications for the industry, including the competitive landscape with major players like DraftKings and FanDuel.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Robinhood and Kalshi's partnership is expanding access to prediction markets, allowing users to bet on sports outcomes through the Robinhood app, even in states where traditional sports betting is illegal.Prediction markets offer a unique fee structure, with Robinhood charging a flat two-cent fee per contract, making it an attractive option compared to traditional sportsbooks.The collaboration between Robinhood and Kalshi highlights a significant shift in the sports betting landscape, posing potential challenges and opportunities for established players like DraftKings and FanDuel.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of the Brainstorm, Sam, Nick, and ARK Chief Futurist, Brett Winton, explore whether browsers are worth billions and the implications of launching L1 blockchains with stable coins. From the strategic importance of browsers in the AI arms race to the potential future of financial systems, this episode is packed with insights and debates.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:A discussion around the potential worth of browsers, questioning if they are truly worth billions and exploring the strategic importance of browsers in the AI arms race.The conversation delves into the launch of L1 blockchains by companies like Circle to support stable coins, examining the implications for financial systems and institutional adoption.A recurring theme is the tension between centralization and decentralization, particularly in the context of stable coins and their role in the financial ecosystem.Source mentioned: https://tomtunguz.com/chrome-valuation-safari-comparison/For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of the Brainstorm, Sam, Nick, and ARK Chief Futurist, Brett Winton, dive into the world of OpenAI’s latest model, GPT-5, exploring its advancements and the impact on user experience. They discuss the balance between performance and user engagement, the evolving role of AI personalities, and the potential for AI to become an integral part of daily life. Tune in to hear their insights on the future of AI and its implications for both consumers and enterprises.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:GPT-5 offers a significant improvement in user experience, despite mixed opinions on its performance benchmarks.OpenAI's strategy involves balancing consumer and enterprise needs, with a focus on enhancing AI's practical utility.The emotional connection users form with AI models through personalities is influencing their adoption and usage patterns.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to host a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your Innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Cathie Wood: Founder, CEO and CIO, ARK InvestLorenzo Valente: Director of Research, Digital Assets, ARK InvestPaolo Ardoino: CEO, TetherDr. Arthur Laffer: American EconomistRod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode: 00:00:00 Introduction00:01:04 The origin of Bitcoin and stablecoins00:04:22 Understanding Tether (USDT)00:10:33 USDT's global growth amid pandemic shifts00:12:15 Dr. Laffer’s history of private money00:17:32 Understanding the USDT mechanics of issuance, reserves, and redemptions00:23:14 Transparency, audits and regulation00:30:26 Challenges of value stability vs dollar peg00:35:20 Gold-backed solutions and the alloy product00:38:58 The role of stablecoins in developed markets00:44:40 Potential competition00:46:00 Commodity trade and global adoption trends00:51:00 Emerging markets00:53:50 Dollar dominance vs local stablecoins01:08:01 Vision for the future Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com

In this episode of the Brainstorm, Sam, Nick, and Multiomics Research Analyst, Shea Wihlborg, dive into the complexities of the FDA's recent decisions and their implications for gene therapy. They discuss the controversial halt of a Duchenne muscular dystrophy treatment, the role of AI in drug discovery, and the exciting future of genomics. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Discussion on the FDA's recent halt of a Duchenne muscular dystrophy treatment due to safety concerns.Exploration of the role of AI in improving drug discovery and clinical trials.Insights into the future of gene therapies for both rare and common diseases.The potential impact of regulatory changes on innovation in the biotech industry.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of the Brainstorm, Sam, Nick, and Director of Research, Digital Assets, Lorenzo Valente, dive into the latest developments from Coinbase, focusing on the launch of the BASE app. They explore the three pillars of the BASE ecosystem: BASE chain, BASE build, and BASE app, and discuss how these innovations aim to enhance user experience with faster transactions, developer tools, and a reimagined non-custodial wallet. The conversation also touches on the integration of social media and financial markets, the evolving landscape of crypto trading, and the potential for new user engagement.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Coinbase launched the BASE app, featuring a faster BASE chain, developer tools, and a rebranded non-custodial wallet.The BASE app integrates NFT minting and decentralized social feeds, creating a hybrid platform for trading and social interaction.There’s potential for BASE to compete with platforms like Robinhood by offering a more crypto-native experience.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of the Brainstorm, Sam, Nick, and Research Analyst, Jozef Soja, dive into the latest advancements in AI with a focus on Grok4 and Meta's strategic moves. They explore Grok4's impressive benchmark performances, the real-world implications of AI tool use, and Meta's aggressive investments in AI talent and infrastructure.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Grok4 has set new standards in AI benchmarks, particularly in GPQA and Humanities Last Exam, showcasing its advanced reasoning and tool use capabilities.Real-world applications still present challenges for Grok4, highlighting the gap between theoretical performance and practical use.Meta is making aggressive moves in the AI space, acquiring stakes in companies like Scale AI and investing heavily in AI talent to build a super intelligence team.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of FYI, Chief Futurist, Brett Winton, and Analyst Nemo Marjanovic speak with Alex Zhavoronkov, founder and CEO of Insilico Medicine. Together, they explore the promise of artificial intelligence in transforming the drug discovery process—cutting years off timelines and dramatically reducing costs. Alex shares Insilico’s journey from algorithm-first beginnings to a full-stack AI-driven biotech company, highlighting their unique “pan flute” model approach to drug development and the vision of building a “pharmaceutical superintelligence.” The discussion touches on Insilico’s clinical progress, including a molecule that recently completed a Phase 2 trial, and how its generative platforms are helping to tackle complex diseases with a focus on longevity.Key Points From This Episode:00:00:00 AI's promise in streamlining the drug discovery process00:03:06 The economics of preclinical development and AI’s role in optimization00:04:43 Potential cost and timeline reductions: $2.4B down to $600M, 13 years to 800:07:39 Comparing Insilico’s approach to peers like Recursion and AbSci00:10:35 Literature-driven vs. biology-driven models in drug discovery00:13:07 Why a dominant AI platform could reshape biotech industry consolidation00:14:57 Why biologics may be more suited to AI than small molecules00:17:35 Alex Zhavoronkov on founding Insilico and his mission in longevity science00:21:00 From algorithms to real drugs: Insilico’s transition to clinical development00:23:15 Managing the pace of AI progress vs. the slow cycle of experimental validation00:27:10 How “pharmaceutical superintelligence” enables prompt-to-drug workflows00:32:26 Validation, trust, and why Insilico runs on both old and frontier models00:39:22 The “pan flute” architecture: stacking specialized models with reinforcement learning00:42:36 Building and training a unified multimodal model for chemistry and biology00:45:32 Public data, clean pipelines, and Insilico’s automated validation lab00:50:47 The business model behind Insilico: selling candidates and licensing platforms00:55:12 Why pharma buyers care more about data room quality than pricing01:00:25 On profitability, licensing success, and the dream of a self-sustaining AI biotech01:01:38 Longevity and the search for fundamental mechanisms of aging

In this episode of the Brainstorm, Sam and Nick dive into Robinhood's latest event, exploring its ambitious moves in the crypto market. They discuss how Robinhood is leveraging product velocity to outpace competitors, tokenize US stocks, and introduce innovative features like crypto staking and perpetual futures. They analyze the implications of these developments for the financial services landscape and what it means for the future of investing. If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Robinhood's focus on product velocity to outpace competitors. Tokenization of US stocks and private company shares in the EU. Development of Robinhood's own layer two blockchain. Introduction of crypto staking in the US with higher yields. Exploration of new revenue lines, including a crypto-backed gold card. Building a comprehensive financial ecosystem for the next generation.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Brett Winton and ARK analyst Jozef Soja dive deep into the rapidly evolving world of AI agents—software entities that are increasingly automating enterprise functions like customer support. They explore why AI agents are gaining traction, how they’re priced, and the potential for a new kind of agent-versus-agent arms race between companies and consumers. Later in the episode, they’re joined by Dr. Alan Bekker, founder of eSelf.ai and former Head of Conversational AI at Snap, who shares his journey from building voice agents for call centers to launching a real-time, face-to-face AI tutoring platform. Alan offers insights into how the rise of large language models (LLM) is reshaping education, what makes a great AI tutor, and why a visual, embodied presence is crucial for learning.Key Points From This Episode:00:00:00 What enterprise AI agents actually do and how companies like Salesforce are pricing them00:03:41 Why $2 per AI conversation may already undercut human support costs00:05:04 The Return On Investment (ROI) model behind agent adoption and enterprise productivity00:06:41 Why agent-based software may retain higher pricing power than other AI tools00:09:11 The coming arms race: AI agents negotiating with other AI agents00:12:30 Scaling demand for customer service with intelligent automation00:15:04 Vertical vs. horizontal Software as a Service (SaaS) in the AI agent ecosystem00:16:43 AI’s impact across the software stack—SaaS, Platform as a Service (PaaS) , and Infrastructure as a Service (IaaS)00:17:56 Why building your own AI apps may soon be cheaper than onboarding SaaS00:20:01 ARK's internal hackathon and how non-engineers are becoming developers00:20:29 Guest: Dr. Alan Bekker joins to discuss the evolution of conversational AI00:22:04 The journey from decision trees to LLMs: Lessons from Snap’s AI team00:27:32 Seeing GPT’s impact from inside: OpenAI’s early partner outreach00:31:47 Why face-to-face AI tutors found strong product-market fit in education00:33:59 eSelf’s go-to-market strategy: Partnering with publishers as a business to business to consumer (B2B2C) wedge00:36:24 Pricing real-time AI tutoring tools in a margin-conscious market00:40:00 Business to consumer (B2C) aspirations: Moving toward a direct-to-student tutoring product00:44:56 What’s still missing for real-time AI to match human-level teaching00:48:03 The psychological impact of avatars: Building trust through embodied agents00:51:43 Why personalization—not just LLM knowledge—matters in tutoring00:54:20 Democratizing learning: LLMs as the end of expert-driven education

In this episode, Sam Korus, Nick Grous, and Daniel Maguire discuss the future of robotaxis, focusing on Tesla's advancements in autonomous vehicle technology compared to Waymo. They explore the implications of Tesla's data advantage, production capabilities, and the regulatory landscape affecting the rollout of robotaxis. The conversation also delves into market dynamics, consumer behavior, and potential partnerships in the ride-hailing space, highlighting the challenges and opportunities ahead for Tesla and the autonomous vehicle industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Tesla is set to launch its robotaxi service in Austin, Texas.Tesla has a significant data advantage over Waymo, gathering nearly 10 million miles of data daily.The cost of Tesla vehicles is significantly lower than Waymo's, making them more accessible.Safety is a top priority for Tesla, influencing their cautious rollout strategy.Tesla's production capabilities allow them to scale much faster than Waymo.The regulatory environment is evolving, potentially easing the path for autonomous vehicles.Tesla's ridership model could allow for greater market penetration compared to Waymo.Consumer behavior will play a crucial role in the adoption of robotaxis.The partnership strategy of Tesla differs from Waymo's, focusing on direct consumer engagement.The conversation highlights the skepticism surrounding the rapid deployment of autonomous vehicles.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode, Sam Korus discusses stablecoins with Lorenzo Valente and Raye Hadi. They explore the definition of stablecoins, their impact on the US dollar, and the competitive dynamics between major players like Tether and Circle. The conversation delves into the role of stablecoins in emerging markets, their business models, and the potential convergence with AI transactions. They also address concerns regarding stability, privacy, and the future of stablecoins in the financial ecosystem.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Stablecoins are pegged to a dollar value to reduce volatility.Tether and Circle dominate the stable coin market with 85% share.Emerging markets are increasingly using stablecoins for transactions.The business model of stablecoins relies on reserve backing and transaction fees.Stablecoins can unlock significant amounts of dead capital in emerging markets.AI agents may prefer stablecoins for their programmable nature.Concerns about de-pegging and liquidity are prevalent in the market.The future of stablecoins could be expansive if regulatory frameworks support them.Stablecoins are currently about 1% of the US money supply.The potential for stablecoin supply to grow to 1.5 trillion in the next five years.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of FYI – For Your Innovation, ARK's Director of Research Brett Winton sits down with Brad Feld — co-founder of Foundry, Techstars, and longtime venture capitalist — to unpack his latest thinking on startup communities, mentorship, and how founders can build better networks by giving first. After taking time away from public life to reflect, Brad returns with a new book, Give First: The Power of Mentorship, and a sharpened view on the distinction between transactional ecosystems and community-led innovation. He shares lessons from nearly two decades with Techstars, thoughts on remote vs. in-person work post-COVID, and how mentorship can be redesigned for the next generation of entrepreneurs. The conversation also explores the cultural shifts introduced by AI, the hidden friction in monetizing online engagement, and why Brad believes the best way to shape a network is to invest in others before you know what you’ll get in return.Key Points From This Episode:00:00:00 Why Brad Feld “hibernated” from public life and how it changed his perspective00:04:24 From default yes to default no: Reclaiming time and creative energy00:06:28 Navigating remote work: Company culture and post-COVID office dynamics00:09:49 When revenue goes negative: COVID-era crisis stories from Rover and SeatGeek00:12:25 The Give First philosophy — and how it became Techstars’ guiding principle00:17:50 Finding mentorship as a founder: What works and what definitely doesn’t00:19:15 The power of peer mentorship and showing up without expectations00:23:16 How online culture’s transactional mindset erodes community trust00:26:00 Boulder Startup Week and the importance of local founder energy00:30:41 Brad’s Random Day tradition: 15-minute meetings, one goal per person00:35:17 Techstars vs. YC: Origins of the mentor-driven accelerator model00:40:27 Building startup communities from scratch: What actually works00:46:05 Founders must lead: Differentiating between startup communities and ecosystems00:49:00 Mentorship at scale: Applying Techstars’ playbook to community growth00:54:08 Frictionless networks: Why “Give First” accelerates stronger connections01:00:16 AI’s impact on software development, legal workflows, and personal productivity01:04:07 Coding with AI: Brad’s firsthand experience building a web app with Cursor

In this episode, Nicholas Grous and Sam Korus are joined by ARK Chief Futurist, Brett Winton, to delve into the Mary Meeker AI Trends Report, discussing the rapid adoption of AI technologies, the evolving role of AI in trust and validation, and the changing landscape of search behavior. They explore the monetization of AI, the investment landscape, and the future of autonomous vehicles, concluding with a positive outlook on AI's trajectory.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:The rapid pace of AI adoption is unprecedented.AI is reshaping how we validate information and trust sources.Search behavior is evolving with the integration of AI.Monetization strategies for AI are becoming clearer.Investment in AI infrastructure is crucial for growth.Autonomous vehicles are on the brink of mainstream adoption.AI's role in education could revolutionize assessment methods.The competition between the US and China in AI is intensifying.Consumer behavior is shifting towards AI-driven solutions.Optimism about AI's future is warranted despite pessimistic narratives.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode, Nicholas Grous and Sam Korus discuss the recent Google I.O. event and OpenAI's significant acquisition, exploring the implications for generative AI and the competitive landscape between Google and Apple. They delve into Google's unified strategy for integrating AI across its ecosystem, the introduction of new tools for creators, and the potential future of AI hardware. The conversation highlights the challenges and opportunities for both tech giants as they navigate the evolving AI landscape.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Google's I.O. showcased a unified strategy for generative AI.The integration of AI into Android and Chrome is a key focus.Project Mariner aims to enhance browser capabilities with AI.Veo 3 represents a significant advancement in AI video generation.Generative AI tools are democratizing content creation.Apple needs to innovate quickly to stay competitive in AI.The future of AI hardware may not require screens.Privacy concerns will shape the design of new AI devices.Google's consumer-facing products are still strong despite past failures.The competition between Google and Apple will define the AI landscape.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of FYI – For Your Innovation, Brett Winton and ARK analyst Nemo Despot sit down with Generate Biomedicines CEO Mike Nally and CFO Jason Silvers to explore how generative AI is transforming the discovery and development of protein-based therapeutics. Founded in 2018 by Flagship Pioneering, Generate Biomedicines is building a “self-driving lab” that combines machine learning, cryo-electron microscopy (cryo-EM), and high-throughput wet lab automation to dramatically accelerate drug development. The conversation dives into how Generate is reimagining protein therapeutics — going beyond trial-and-error methods to a data-first, design-driven model for creating novel medicines. The team discusses the company’s proprietary approach to integrating structural biology with functional data, the economic implications of reducing time-to-market from 13 years to under 9, and how their platform could unlock treatments for diseases that have been historically undruggable. They also touch on strategic partnerships, scalability, and how AI is shifting the biotech business model from artisanal science to an industrialized, data-driven enterprise.Key Points From This Episode:00:01:30 Why Generate Biomedicines is rethinking protein drug discovery from first principles00:04:40 How their structure-first approach differs from peers like AbSci and Recursion00:07:04 Using cryo-EM to build proprietary protein interaction datasets00:10:57 Traditional drug discovery is random, expensive, and inefficient — here’s how Generate is changing that00:16:58 From concept to clinic in 18–24 months: Accelerating timelines through AI00:20:47 Going beyond efficiency: Unlocking access to undruggable biology00:24:48 Turning cryo-EM into a high-throughput data engine for model training00:31:20 The long-term vision: Patient-specific protein therapeutics00:40:00 Why scalability gives Generate an edge over traditional biotech00:47:52 The future of biotech as a research & development (R&D) sharing economy00:54:19 Adapting fast: Keeping pace with generative AI advances across the stack01:00:16 The KPI (key performance indicator) for platform success: Rate of improvement

In this episode, Nicholas Grous and Frank Downing explore the transformative potential of agentic coding and AI-assisted software development. They conduct a live demo showcasing how coding agents can simplify the development process, making it accessible to non-technical users. The conversation delves into the implications of these technologies on the economy, the future of knowledge workers, and the democratization of software development. The hosts emphasize the importance of experimentation with these tools and encourage listeners to engage with the technology firsthand.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Agentic coding is revolutionizing software development.AI-assisted coding tools are becoming more prevalent.Live demos help illustrate the power of coding agents.Non-technical users can now create applications easily.The potential for entrepreneurship is expanding rapidly.Coding agents can significantly reduce development time.The total addressable market for coding tools is vast.Knowledge workers can now create their own software solutions.AI tools are enabling creativity in ways previously unimaginable.Everyone with an internet connection can become a knowledge worker.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of FYI - For Your Innovation, ARK’s Chief Futurist, Brett Winton, and Research Analyst Nemo Marjanovic, sit down with Dr. Jin Hyung Lee, a leading neuroscience researcher at Stanford University. Dr. Lee and her team are pioneering breakthroughs in understanding brain function—an essential step toward diagnosing and treating neurological disorders. The conversation explores the complexities of the brain, the challenges in defining and diagnosing neurological diseases, and why current diagnostic tools are still crude. Dr. Lee discusses how her research combines optogenetics, fMRI, and AI to create functional maps of the brain, leading to potential breakthroughs in treating conditions like epilepsy and Alzheimer’s. The trio also examines the broader implications of AI-powered diagnostics, how machine learning is revolutionizing precision medicine, and why we may be on the verge of a neuroscience revolution.Key Points From This Episode:Why defining brain function is crucial for diagnosing and treating disordersThe role of optogenetics and fMRI in understanding the brainHow AI and data-driven diagnostics are advancing neuroscienceThe intersection of molecular and imaging diagnostics in healthcareThe shift toward personalized and predictive medicine

In this episode, Sam Korus and Nicholas Grous discuss the recent ruling in the Apple vs. Epic Games lawsuit, which has significant implications for Apple's App Store policies and revenue model. They explore the potential impact on developers and the broader ecosystem, as well as Apple's challenges in the tech landscape, including AI and hardware issues. The conversation also touches on the rise of no-code solutions and how they can disrupt traditional software development.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Apple is facing challenges to its App Store dominance.The Epic Games ruling allows developers to link to external payment options.This ruling could lead to a significant revenue shift for Apple.Developers are cautiously optimistic about the ruling's implications.Apple's internal ad network may help offset potential revenue losses.The tech landscape is evolving rapidly, especially in AI.No-code solutions are becoming increasingly accessible and disruptive.Companies may be overpaying for SaaS (Software as a Service) tools that can be built in-house.Interns can add value by creating in-house tools to save costs.The importance of hands-on experience with new technologies.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode, Sam Korus, Nick Grous, and David Puell delve into the methodology behind Bitcoin's price forecast for 2030. They explore the total addressable markets for Bitcoin, focusing on its use cases as “digital gold” and institutional investment. The conversation also touches on the evolving narrative of Bitcoin, particularly in light of recent ETF launches, and the implications for corporate treasuries. Additionally, they discuss the concept of 'liveliness' in Bitcoin's supply and how it affects price forecasts, concluding with insights on the dynamics of active versus dormant Bitcoin supply.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Key use cases for Bitcoin include “digital gold” and institutional investment.Institutional investment is based on the global market portfolio, excluding gold.Bitcoin's performance relative to gold ETFs shows its growing acceptance.Corporate treasuries are increasingly considering Bitcoin as an asset.The narrative around Bitcoin has shifted towards it being a store of value.Liveliness is a metric that adjusts Bitcoin's supply for price forecasting.60% of Bitcoin supply is considered active or kinetic.Market dynamics can influence the liveliness of Bitcoin supply.A significant event could alter the current equilibrium of Bitcoin's active supply.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Nikil Viswanathan, co-founder and CEO of Alchemy, joins Brett Winton and Lorenzo Valente to explore the evolving crypto infrastructure landscape. Alchemy, often described as the “AWS for blockchain,” is powering some of the most widely used applications in Web3. Nikil explains why we’re still in the early innings of blockchain development and draws parallels to the early internet. The conversation also covers the rapid shift in institutional sentiment toward crypto, the potential of tokenized financial assets, and why AI agents will rely on blockchain rails to transact. Nikil shares insights from working with global banks, trends in stablecoins, and why the next phase of growth could be driven by developer and user experience innovation.Key Points From This Episode:00:01:36 Why Alchemy is the AWS for blockchain—and what that means for crypto’s evolution00:04:13 Smart contracts as a better alternative to traditional financial intermediaries00:10:25 Mapping value accrual in smart contract platforms: A $5T opportunity by 203000:13:00 How Alchemy abstracts blockchain complexity and improves developer UX00:18:30 Why blockchain is still in its “green screen” era—and what comes next00:21:53 Meme coins, signal or noise? Nikil’s take on speculation vs. infrastructure00:25:03 Crowdfunding, stablecoins, and digital ownership: The real-world use cases00:29:36 Partnering with Worldcoin: Proof of personhood and bot-resistant networks00:36:44 The institutional wave: What’s changed in the last 30 days00:41:05 SAB 121 repeal, ETFs, and the regulatory unlock for banks00:45:53 The six-step playbook for banks entering crypto—from custody to stablecoins00:50:56 Will every bank launch a stablecoin and chain? A look at the fragmentation ahead00:52:04 Tokenized real-world assets and the future of user-owned financial infrastructure00:58:10 Why AI agents need crypto rails—and what that unlocks01:00:33 Smart underwriting, programmable capital, and peer-to-peer risk transformation

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to host a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your Innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Cathie Wood: Founder, CEO and CIO, ARK InvestLorenzo Valente: Director of Research, Digital Assets, ARK InvestMatt Cole: CEO, Strive Asset ManagementWill Reeves: CEO, FoldMatt Odell: Managing Parter, Ten31Rod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode: 00:02:41 The role of bitcoin in corporate treasury strategies00:06:04 Institutional perspectives on bitcoin as a hedge00:10:48 Are there different strategic considerations for public vs. private companies?00:13:13 Market dynamics and bitcoin premiums00:22:15 The future of bitcoin treasuries in business00:30:00 The long-term outlook for bitcoin in corporate strategy00:40:01 Business strategies in the age of bitcoin00:45:03 The hurdle rate: bitcoin as a benchmark for investment00:48:59 Custody and accumulation strategies for bitcoin00:56:10 The future of bitcoin adoption and education Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com

In this episode, Sam, Nick and Varshika discuss Amazon's new feature, 'Buy For Me', which allows users to shop across different marketplaces using Amazon's purchasing capabilities. They explore the implications of agentic AI in e-commerce, the importance of reducing friction in the purchasing process, and how this innovation could reshape the competitive landscape. The conversation also touches on the future of services enabled by AI, emphasizing the value of knowledge in facilitating transactions.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Amazon's 'Buy For Me' feature allows shopping across different marketplaces.Agentic AI reduces friction in the purchasing process.The one-click checkout is a significant innovation in e-commerce.Payments are crucial for completing transactions in online marketplaces.The competitive landscape of e-commerce is evolving with AI capabilities.Knowledge at the point of purchase is valuable for consumers.Physical infrastructure remains important for e-commerce incumbents.The future of services could be transformed by AI technology.Consumer behavior is influenced by trust in payment systems.E-commerce has historically evolved to reduce transaction times.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of For Your Innovation, Brett Winton, along with ARK Invest Chief Investment Strategist, Charles Roberts, and Research Analyst, Nemo Marjanovic, sit down with Geoffrey von Maltzahn, CEO and founder of Lila Sciences and a general partner at Flagship Pioneering. Fresh out of stealth mode, Lila is pioneering the concept of scientific superintelligence—leveraging AI and automation to accelerate discovery across materials science, chemistry, and life sciences. Geoffrey shares his vision for transforming the scientific method into an AI-driven engine that pushes the boundaries of innovation at unprecedented speeds. The conversation explores the limitations of traditional scientific research, the role of AI-driven autonomous labs, and how Lila aims to revolutionize hypothesis testing and experimentation. Geoffrey discusses how scientific intelligence can scale across domains, the importance of proprietary data, and why unlocking AI’s potential in science could be one of the most valuable technological advances of our time.Key Points From This Episode:ARK Invest sees Lila as a transformative opportunity.Lila’s AI science factories are reinventing research.We're experiencing breakthroughs in mRNA and material science through AI.Scientists roles are evolving in an AI-powered world.

In this episode, Sam and Nick discuss the Model Context Protocol (MCP), its significance in AI development, and its implications for the future of agentic AI. They explore how MCP simplifies the integration of AI applications with web services, making it easier for developers to enhance their models. The discussion also touches on the current trends in AI, consumer adoption, and the potential for AI to revolutionize shopping experiences.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:MCP stands for Model Context Protocol, released by Anthropic.MCP allows AI applications to communicate with web services more efficiently.The protocol is open-source, enabling broader integration across platforms.MCP simplifies the development process for AI applications.It serves as a bridge between AI models and various online tools.MCP is gaining traction as a public utility for AI development.The future of agentic AI relies on protocols like MCP for functionality.Consumer adoption of AI tools is influenced by ease of integration.Shopping experiences could be transformed by AI and MCP integration.The conversation highlights the evolving landscape of AI technology.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

DNA sequencing is on the cusp of a major transformation, and Gilad Almogy, CEO of Ultima Genomics, is leading the charge. In this episode of FYI, ARK’s Chief Futurist, Brett Winton, and Multiomics analyst Nemo Despot explore how Ultima is making whole-genome sequencing radically cheaper—driving costs down from $1,000 to just $80 per genome, with ambitions for even further reductions. Gilad shares how his background in semiconductors shaped Ultima’s innovative approach, which relies on cost-efficient silicon wafers and high-throughput sequencing. The conversation also dives into the massive potential applications for low-cost sequencing, from cancer diagnostics and population genomics to AI-driven drug discovery.Key Points From This Episode:How Ultima Genomics’ unique approach is slashing sequencing costsThe growing role of AI in understanding biologyWhy sequencing demand is highly elastic—cheaper data unlocks new applicationsThe future of personalized medicine and real-time cancer detectionHow population-scale genomics will transform healthcare

In this episode, Sam and Nick discuss Robinhood's recent announcements, including its transformation into a full-service digital wallet, the introduction of AI features, and the launch of robo-advisory services. They explore the competitive landscape with Block and other fintech companies, emphasizing the importance of understanding market dynamics and user engagement. The conversation highlights Robinhood's innovative approach to financial services and its potential impact on the industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Robinhood is evolving into a full-service digital wallet.In our view, the $5 subscription model offers significant value in finance.AI integration should enhance user experience and accessibility.Robo-advisory services are a new offering for Robinhood.Understanding market dynamics is crucial for fintech success.Robinhood's competitive advantage lies in its brokerage foundation.The generational wealth transfer presents a massive opportunity.Block and Robinhood target different market segments.User engagement metrics are vital for assessing growth.Innovation in fintech is rapidly changing the landscape.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Is NVIDIA poised to shake up the AI industry? Sam Korus and Nicholas Grous are joined by ARK Director of Research, Next Generation Internet, Frank Downing, to discuss the key takeaways from NVIDIA's GTC conference, focusing on the shift from AI training to inference, NVIDIA's innovations in hardware and software, the growing interest in humanoid robots, and the impact of China's AI advancements on chip demand. They explore the competitive landscape, including AMD's position and the implications for companies like Waymo and Microsoft.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:The next generation of NVIDIA chips will significantly increase compute power.AMD has had an advantage in memory per chip, but NVIDIA's software is superior.NVIDIA is focusing on humanoid robots and autonomous vehicles.The release of a large dataset for training humanoid robots is a significant step.Waymo's use of NVIDIA chips confirms their market position.China's advancements in AI are increasing demand for chips.Generative AI is gaining traction in China, leading to more chip demand.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of For Your Innovation, the ARK team is joined by Umoja’s CEO, Dr. Andy Scharenberg, and CFO, Britton Russell, to discuss their journey, vision, and the innovative science reshaping cancer treatment. Dr. Scharenberg explains how Umoja’s in vivo gene delivery platform, VivoVec, represents a third-generation leap in CAR T-cell therapies—offering the potential to make cutting-edge treatments more scalable, accessible, and cost-effective. Britton Russell provides insights into how this paradigm shift is aligned with Umoja’s mission to democratize transformative medicine, enabling broader global access. Together, they explore topics ranging from the shortcomings of traditional CAR T-cell therapies, the challenges of current allogeneic solutions, and how Umoja’s platform overcomes these barriers. They also discuss the implications of in vivo therapies for oncology, autoimmune diseases, and even longevity, while touching on the role of better healthcare models and incentive structures to move the industry from "sick care" to true healthcare innovation.Key Points From This Episode:The limitations of existing CAR T-cell therapies and how Umoja addresses them.How in vivo platforms reduce costs and streamline treatment timelines.The broader applications of Umoja’s technology beyond oncology, including autoimmunity and longevity.Why better alignment of healthcare incentives is critical for advancing patient outcomes.

Is history doomed to repeat for Apple? Sam Korus and Nicholas Grous are joined by ARK Chief Futurist, Brett Winton, to discuss the current state of Apple, particularly focusing on its challenges in innovation and AI development. They analyze the delays in launching promised features, the implications of these delays on Apple's reputation, and the competitive landscape in which Apple operates. The discussion also touches on the company's historical context, its financial strength, and the potential future of AI within Apple's ecosystem.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Apple's recent announcements have not translated into actual product releases.The delay in AI features raises concerns about Apple's innovation capabilities.Apple's financial strength allows it to absorb some mistakes in product development.The competitive landscape is shifting rapidly with advancements in AI.Apple's marketing strategy may not align with its product development reality.The company faces a potential identity crisis in the AI era.There is skepticism about whether Apple can maintain its market dominance.The need for a cohesive strategy in AI development is critical for Apple.Apple's historical success does not guarantee future performance.The conversation highlights differing perspectives on Apple's future in technology.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of For Your Innovation, Brett Winton, ARK’s Chief Futurist, and Frank Downing, Director of Research, Next Generation Internet, sit down with Aaron Levie, CEO and co-founder of Box, to discuss the transformative impact of artificial intelligence on enterprise software. With nearly 20 years of experience leading a cloud-native company, Aaron shares his perspective on how AI is fundamentally reshaping productivity, software business models, and competitive dynamics. The conversation covers the parallels between AI adoption and the early days of the cloud, the challenges of enterprise AI implementation, and why companies that fail to embrace AI risk being left behind. Aaron also explores how AI-first enterprises will operate with dramatically increased efficiency, what this means for software development, and how Box is integrating AI to revolutionize content management. Tune in for an insightful discussion on the future of AI-driven business transformation.Key Points From This Episode:How AI is reshaping enterprise software and productivityThe similarities and differences between AI adoption and the rise of cloud computingCompetitive pressures driving AI adoption in businessesThe role of AI in software automation and workflow optimizationHow Box is leveraging AI to transform enterprise content management

Have we witnessed a quantum breakthrough? Sam Korus and Nicholas Grous are joined by ARK Chief Futurist, Brett Winton, to discuss the current state and future of quantum computing and AI, particularly focusing on Microsoft's advancements in quantum technology and the capabilities of Grok 3.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Microsoft's new qubit technology is a significant step forward.AI advancements may reduce the urgency for quantum computing.Grok 3 shows notable capabilities in AI performance.User experience is crucial for AI adoption.The tech industry often promotes commercial applications that aren't meaningful.Investment in quantum computing requires a clear ROI.Grok 3's voice mode offers unique features compared to competitors.The divide in AI usage is growing among different demographics.Future AI tools need to focus on user-friendly interfaces.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this insightful episode of FYI, Eric Lefkofsky, CEO of Tempus, shares his journey from leading tech companies like Groupon to pioneering innovation in healthcare through AI. Lefkofsky explains how Tempus integrates advanced technology into medical diagnostics, making healthcare more precise and data-driven. He discusses the challenges of the U.S. healthcare system, the power of AI in personalized medicine, and the critical role of bridging gaps between technology and biology. Discover how Tempus is revolutionizing oncology and expanding its reach to other medical fields through strategic AI applications.Key Points From This Episode:How Eric Lefkofsky transitioned from tech to healthcare innovation.The story behind Tempus’ founding and its mission to personalize patient care.How Tempus uses AI to connect diagnostics with real-time clinical data.The systemic barriers in U.S. healthcare and how Tempus overcomes them.Key insights on the future of AI in precision medicine and its potential to transform patient outcomes.

We’re entering the AI battle arena today! Sam Korus and Nicholas Grous are joined by ARK Director of Research, Next Generation Internet, Frank Downing, to dive into the performance of three leading AI models: ChatGPT, Deepseek, and Grok. They conduct real-time tests to evaluate how well these models can analyze stock market trends and solve puzzles. The conversation also touches on the implications of quantum computing and how it relates to AI advancements. Throughout the discussion, the hosts emphasize the importance of user experience and the varying strengths of each AI model, ultimately providing insights into their performance and usability.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Grok stands out for its user-friendly interface and formatting.Deepseek provides detailed responses but sometimes misses the mark.ChatGPT is strong in coding and data analysis.Understanding the context of questions is vital for AI responses.AI models can save time on complex tasks but still have limitations.The future of AI will likely involve more integration with quantum computing.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to host a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your Innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Cathie Wood: Founder, CEO and CIO, ARK InvestLorenzo Valente: Director of Research, Digital Assets, ARK InvestSkot9000: Creator of BitaxeJose Rios: Former VP, AI and Datacenter Group, IntelRobert Warren: Author, Bitcoin Miner’s AlmanacRod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode: 00:01:00 Cathie’s thoughts on open-source development vs. closed00:05:50 Where does bitcoin fit on a global macro-economic scale?00:10:20 Supply chain: do developers have enough resources?00:21:50 What are some projects we should be paying attention to?00:30:10 Bitaxe production process, scale, and chip demand00:39:00 Exogenous use cases for bitcoin miners00:43:10 Is there a solution to chip production bottlenecks and vulnerabilities?00:48:00 Are we at the precipice of a Cambrian explosion in bitcoin mining? Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com

Will we have humanoid robots cleaning our house soon? In this conversation, Sam Korus and Nicholas Grous explore the current state and future potential of humanoid robots. They discuss the implications of recent developments in AI and robotics, the distinction between tasks and jobs, and the evolving landscape of automation. The conversation highlights the importance of both hardware and software in the development of humanoid robots, as well as the potential for these technologies to transform industries and create new opportunities.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Humanoid robots are becoming a significant focus in technology.The shift from closed to open-source models is impacting robotics.Automation has historically created unexpected industries.Understanding the difference between tasks and jobs is crucial in robotics.The current landscape of humanoid robotics is competitive and evolving.Boston Dynamics has faced challenges in adapting to new AI advancements.Manufacturing is a key area for the deployment of humanoid robots.Consumer adoption of humanoid robots will take time.Software advancements are critical for the future of robotics.Humanoid robots will learn and adapt over time.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Welcome to FYI - For Your Innovation. In this episode, Brett Winton is joined by ARK's Chief Investment Strategist, Dr. Charles Roberts, ARK Venture Capital Research Associate, Chase Prather, and Peter Walker, Head of Insights at Carta, a leading platform for cap table management and venture data analysis. Together, they dive into the evolving venture capital landscape, discussing funding trends, challenges for startups, and the role of artificial intelligence in reshaping the industry.Key Points From This Episode:Introduction to Venture Capital Trends: Why early-stage and emerging managers are facing challenges amid a shifting funding environment.AI’s Dominance in VC: The outsized role of artificial intelligence, with 30-50% of late-stage venture funding allocated to AI companies.Pareto Dynamics in Funding: How a few startups and funds are attracting the lion’s share of investments while smaller players struggle to raise capital.Transparency Issues in Private Markets: The delayed realizations and opaque reporting practices in private funding cycles.Emerging Secondary Markets: The rise of secondary transactions as a liquidity option for late-stage private companies.The Changing Venture Lifecycle: Why traditional 10-year fund cycles are no longer a realistic benchmark in today’s market.

How big of an opportunity is Robotaxi for Tesla? In this episode, Sam Korus and Nicholas Grous are joined by ARK’s Director of Investment Analysis & Institutional Strategies, Tasha Keeney, and Research Associate, Varshika Prasanna, to discuss the burgeoning field of live streaming commerce, its potential to reshape retail, and the significant market opportunities it presents. The discussion transitions to Tesla's recent earnings call, highlighting the divide between traditional financial analysts and retail investors regarding Tesla's future, particularly in autonomous driving and robotics. The episode concludes with insights into the future of AI and robotics, emphasizing the challenges and opportunities that lie ahead for companies like Tesla in scaling their technologies.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Live streaming commerce is transforming how brands sell products.The US market for live streaming commerce is projected to grow significantly.Tesla's approach to scaling its services differs from competitors like Waymo.The potential for AI in real-world applications is vast but complex.Investors are excited about AI but cautious about hardware-based implementations.Tesla plans to launch its Robotaxi service in Austin soon.Humanoid robots present significant technical challenges for development.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Are we witnessing China take the lead in the AI race? In this episode, Sam Korus and Nicholas Grous are joined by ARK’s Chief Futurist, Brett Winton, to discuss the implications of the emergence of open-source AI models, particularly focusing on the DeepSeek R1 model from China. They explore the efficiency of AI training, the competitive dynamics in the AI landscape, and the impact of inference on hardware demand. The conversation also touches on the role of China in the AI sector and the future of AI model providers in a rapidly evolving market.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Open-source AI models are changing the competitive landscape.Efficiency in AI training does not equate to reduced demand for hardware.The emergence of new models can scramble existing competitive dynamics.The cost of machine intelligence is declining, leading to increased application development.Meta has significant potential for growth due to its vast user base.Apple's current strategy may not be enough to maintain its market position.The rapid advancement of AI technology is akin to compounding interest, leading to exponential growth.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

Is TikTok on the chopping block? In this episode, Sam Korus and Nicholas Grous discuss the recent TikTok ban and its implications for creators and the social media landscape. They explore how competitors like Instagram and YouTube are positioning themselves to capture TikTok's user base. The conversation then shifts to the latest developments in space exploration, focusing on Blue Origin's successful launch and SpaceX's ongoing efforts with Starship. The hosts analyze the competitive dynamics between these companies and the challenges they face in the evolving space industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:The TikTok ban has been a long-standing concern.Creators are diversifying their revenue streams due to uncertainty.Blue Origin is currently behind SpaceX in capabilities.SpaceX's success has opened the market for new entrants.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestX: https://twitter.com/public

In this episode of FYI, Brett Winton and Nemo Marjanovic sit down with Professor Thomas Hartung, MD-PhD, a leading expert in biomedical innovation at Johns Hopkins Bloomberg School of Public Health. They explore how human organoids—3D organ proxies—are revolutionizing drug discovery and toxicology testing by reducing reliance on animal models. Professor Hartung explains how advancements in stem cell science, microfluidics, and artificial intelligence are converging to accelerate clinical trials, increase safety, and lower costs. The conversation also delves into the ethical considerations of biological computing, where organoids may one day aid in cognition and pattern recognition tasks. Key Points From This Episode:The limitations of animal testing in preclinical drug discovery.How human organoids replicate organ functionality, improving research accuracy.The role of stem cells and microfluidics in advancing organ-on-chip technology.The impact of AI and big data in analyzing organoid testing outcomes.Examples of pharmaceutical companies adopting human-based models.Discussion on rapid vaccine development during the COVID-19 pandemic.The potential for brain organoids in studying neurological diseases like autism and Alzheimer’s.Speculation on the use of organoids in biological computing and sensors.Ethical challenges surrounding the development of self-aware organoids.

Will AI enable a 4 day work week? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Director of Research, Next Generation Internet, Frank Downing, to discuss Disney's strategic acquisition of a controlling stake in Fubo TV, highlighting the competitive landscape of streaming services and the ongoing trend of cord-cutting. They then transition to Nvidia's recent innovations showcased at CES, focusing on AI advancements in gaming and enterprise applications. The conversation concludes with reflections on how AI may reshape work-life balance, potentially leading to increased leisure time for gaming and streaming.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:YouTube TV is currently leading the live TV market.The decline of traditional cable is inevitable but gradual.Consumers are increasingly frustrated with ad loads in streaming services.Nvidia's AI innovations are set to revolutionize gaming experiences.The future of work may allow for more leisure activities.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

In this episode of FYI, Brett Winton, ARK’s Chief Futurist, hosts an enlightening discussion with Peter Diamandis, founder of the XPRIZE Foundation and author of the upcoming Longevity Guidebook, alongside ARK Invest CEO/CIO Cathie Wood. They explore the transformative role of artificial intelligence and biotechnology in extending human health span and lifespan. Peter delves into the revolutionary advancements in diagnostics, gene editing, and epigenetic reprogramming, while Cathie highlights the market implications of these breakthroughs. Tune in to understand how these technologies are reshaping the future of healthcare, the economy, and our approach to aging.Key Points From This Episode:The premise of Peter Diamandis’ Longevity Guidebook and its focus on reversing aging.AI's pivotal role in drug discovery, healthcare diagnostics, and personalized medicine.How advancements like CRISPR and epigenetic reprogramming are redefining longevity science.The market's undervaluation of biotech innovations and their transformative potential.The concept of "longevity escape velocity" and its implications for human life expectancy.Maintaining a "longevity mindset" through sleep, exercise, and diet is important.Economic and societal shifts from extended lifespans and productivity.The future of brain mapping and AI-assisted preservation of consciousness.Innovations in healthcare delivery, from diagnostics to preventative therapies.

Are we on the verge of an economic transformation? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Chief Futurist Brett Winton to discuss ambitious projections for global GDP growth, driven by technological advancements and innovations such as Robotaxis and AI. They explore the historical context of economic growth, the potential for significant productivity increases, and the implications for different regions, particularly the U.S. and Europe. The conversation then shifts to SpaceX's advancements in satellite technology, highlighting the impressive capabilities of the new V3 satellites and their potential to revolutionize global connectivity.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Technological advancements are expected to drive significant economic transformation.Historical context shows that periods of growth are often followed by technological infusions.SpaceX's new V3 satellites will dramatically increase bandwidth and reduce costs.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to host a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your Innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.Guests on this month’s Bitcoin Brainstorm include:Cathie Wood: Founder, CEO and CIO, ARK InvestMatt O’Dell: Managing Partner, Ten31 and Co-Founder, Bitcoin ParkAdam Back: CEO, BlockstreamMatt Corallo: Open Source Engineer, SpiralFrank Downing: Director of Research, Next Generation Internet, ARK InvestRod Roudi: Co-Founder, Bitcoin ParkKey Points From This Episode: Insights into the quantum computing threat to bitcoin and how close we are to its impact.Key advancements in post-quantum cryptography and Bitcoin’s preparedness.Evolution and future potential of the Lightning Network.Exploring the intersection of bitcoin with stablecoins like Tether on Tron and their implications.Reflections on bitcoin’s adoption trends in 2024, including institutional engagement and emerging markets.Highlighting non-protocol advancements, such as user-friendly wallets and tools for self-custody.The growth of Nostr and its integration of bitcoin payments via Lightning.Bitcoin’s future as a global financial base and the pragmatic steps needed for broader adoption. Links Mentioned in this Episode: Learn more about Bitcoin Park: bitcoinpark.com

On this year’s final episode of FYI, we will be taking the opportunity to highlight some of the best moments from throughout the year. While we are grateful for every single guest that has joined the For Your Innovation podcast, here is a compilation of some of our favorite moments.Key Points From This Episode:SoFi CEO Anthony Noto explains how he managed to diversify SoFi’s product line from beyond it’s start as a student loan platform, and why Anthony felt he needed to purchase the rights to a stadium to grow SoFi's business.NBA stars Andre Iguodala and Evan Turner talk about their early intellectual pursuits in financial literacy, and how they parleyed their experience as NBA athletes into the world of venture capital.OpenAI CFO, Sarah Friar, discusses the scope of the AI opportunity and how OpenAI is just getting started.Jack Dorsey explains the importance and implications of bitcoins open source nature, and how it’s truly a disruptive innovation.Shopify’s president, Harley Finkelstein, explains the rise of entrepreneurship globally, the critical role of AI in reducing barriers for entrepreneurs, and Shopify’s vision for the future.

Is quantum computing the next big thing? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Chief Futurist Brett Winton to discuss the latest advancements in quantum computing and AI drug discovery. They discuss Google's recent quantum chip announcement, the challenges of scaling quantum technology, and the potential applications in drug discovery. The conversation shifts to the partnership between GlaxoSmithKline and Relation Therapeutics, highlighting the promise of AI in revolutionizing drug development processes, reducing costs, and improving efficiency. The episode concludes with insights on the future of drug development and the potential for significant market changes in the pharmaceutical industry.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Quantum computing is still 15 years away from commercial viability.AI is transforming drug discovery, making it faster and cheaper.AI drug discovery could reduce development costs to $600 million.The future of healthcare may focus on curing diseases rather than just treating them.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

How good is Tesla autopilot? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Director of Investment Analysis & Institutional Strategies Tasha Keeney to discuss Tesla's latest advancements in full self-driving (FSD) technology, particularly focusing on version 13. The conversation highlights the skepticism surrounding the launch, the infrastructure needed for a successful Robotaxi service, and the potential for a fleet model. The episode concludes with insights on the commercialization timeline and market impact of Tesla's innovations.If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.Key Points From This Episode:Tesla's FSD version 13 is a significant step towards full autonomy.Remote operators may be used to assist during the initial launch.Tesla's vertical integration gives it a competitive edge over rivals.Market dynamics may shift significantly with the introduction of Robotaxi services.For more updates on Public.com:Website: https://public.com/YouTube: @publicinvestTwitter: https://twitter.com/public

In this episode of FYI, Brett Winton and Cathie Wood engage in a discussion with Sarah Friar, CFO of OpenAI. Together, they delve into the transformative potential of AI and its economic implications. Sarah shares her journey from leading roles at Salesforce and Square to her current position at OpenAI, and offers a unique perspective on AI as a platform shift akin to the advent of cloud computing. The conversation explores the advancements in AI models, the concept of agentic systems, and the strategic priorities OpenAI is adopting to accelerate progress toward Artificial General Intelligence (AGI). They also discuss OpenAI's approach to cost reductions, capital allocation, and staying at the frontier of innovation in a rapidly evolving tech landscape. Don’t miss this fascinating episode about the profound implications of AI on industries, economies, and daily life.Key Points From This Episode:Sarah Friar's career journey and her transition to OpenAI.The valuation of OpenAI and the economic potential of AI-driven productivity.AI's potential as a transformative platform shift, similar to cloud computing.How OpenAI balances gross margin focus with pricing strategies for ubiquity.Advancements in AI models, including reasoning capabilities and agentic systems.OpenAI's strategic capital allocation decisions in a fast-evolving tech landscape.The economic and technological advantages of staying at the forefront of AI innovation.Discussion on global competition, with a focus on European regulatory challenges.AI as a natural language-driven operating system for technological interfaces.Predictions for AI's role in solving complex global challenges and accelerating innovation.