Scientists, technologists, engineers and visionaries create the future. Amazing things are being developed. But all this is well known even to the most distant people from the technology (if such, of course, still exist). But do you know what little attention is usually paid to? The scale of future and current developments.
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Technologies Could Be Worth Trillions of Dollars
“The Silicon Valley, the (put-here-the-word-you-like) Valley … there are so many” valleys “in the world where modern prophets dream and make these dreams come true, to some extent. They create innovations. And we evaluate the possibilities. That’s what we do. “- says Catherine Wood of Singularity University in New York.
Wood is the founder and CEO of ARK Investment Management, a research and investment company that focuses on the growth potential of modern explosive technologies. Prior to ARK, she worked as CIO of Global Thematic Strategies in Alliance Bernstein for 12 years.
“We believe that innovation is the key to growth,” Wood says. “We do not look into the past. We look to the future. We believe that there are huge opportunities in the public market because the transition to passive investment has generated risk aversion and colossal inefficiency. ”
In a new study that was published this week, ARK studied four explosive technologies and estimated their scales. Here they are.
Deep Learning Will Cost 35 “Amazons”
Deep learning is a subcategory of machine learning, which in itself is a subcategory of artificial intelligence. Deep training is the cause of all the hype that surrounds AI today. But behind the hype there are big companies that are trying to force deep learning to do quite practical things.
And if the Internet, which has released trillions of market value, has transformed several industries – news, entertainment, global communication tools (dating sites like Vip dating is a prime example) advertising and so on – deep learning can become even greater, Wood says.
“Bill Gates said that a breakthrough in machine learning will cost 10 Microsoft. Microsoft costs $ 550-600 billion, “Wood says. – We believe that in-depth training will cost twice as much and will approach the market capitalization of 17 trillion dollars. This is the cost of 35 Amazon. ”
Autonomous Taxis Will Destroy Automakers
In the future, cars will be self-managed.
“This is the biggest change that the automotive industry has faced in its entire history,” says Wood.
Today’s automakers have a global market capitalization of one trillion dollars. Meanwhile, companies that provide transportation and transportation services are estimated at $ 115 billion. If this estimate included a future without drivers, it would be higher.
The mobility-as-a-service market, which will reduce the cost of traveling “from point A to point B”, will cost more than all modern automakers combined. Twice as much.
Already in the near future you will call a taxi for dating a ukrainian girl from the brand Tesla cheaper than the most democratic taxi of our time.
3D Printing Will be Accelerated by Scaling Sales of Finished Products
3D printing has become part of the mainstream, mainly due to the prospects for desktop printers at affordable prices. But they are still imperfect and the dream of a home replicator remains unattainable. However, the manufacturing industry is much closer to using 3D printers.
Not so long ago Carbon teamed up with Adidas for mass production of footwear. This is important because industrial 3D printing is focused on prototyping, cheaper, improving the quality and speed of production of finished products.
According to ARK, the 3D printing market can gain 41 billion dollars by 2020 and McKinsey forecasts growth to 490 billion by 2025. 3D printing can become part of the industrial production process.
Block and the Crypto Currency
If earlier the query “why are ukrainian women so perfect” could only compete in frequency with the query “release date of the new Game of Thrones season “, then today users are increasingly interested in Bitcoin. And this is not surprising.
Crypto-currency based on blockage, such as Bitcoin, Ethereum and Steem, has attracted a lot of attention in recent years. In addition to Bitcoin today there are about 700 crypto-currencies of different shapes and shades. Bitcoin still dominates with a market value of $ 40 billion (two years ago it was $ 3 billion). But this is only half the whole. 🙂