EP24: Cathie Wood's Bold Future: AI, Robots & Rocket Growth Deep Dive – What's She Missing?

The provided podcast created off an article written by Yasin Nizami, analyses Cathie Wood's optimistic predictions about the future impact of AI and robotics, particularly her belief that these technologies, along with advancements in healthcare like gene editing, will drive unprecedented global economic growth of 7.3% annually. While acknowledging her past foresight, the author, Yasin Nizami, introduces a note of caution and scepticism, highlighting potential risks such as job displacement due to automation and the deflationary effects of innovation, which could undermine wage growth and the projected GDP increase. Nizami argues that Wood's vision, while inspiring, may be incomplete, overlooking the necessary societal adaptation, policy changes, and infrastructure required to navigate such profound technological shifts without significant social dislocation.