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Inside Deep Learning: Part I of the Big Ideas 2018 Webcast
Mentioned Companies: AAPL, ADBE, AMD, AMZN, BABA, BIDU, BOX, CRM, DE, FANUY, FB, GOOG, GOOGL, IBM, INTC, JD, MSFT, NUAN, NVDA, QCOM“Big Ideas” is ARK’s annual publication showcasing a selection of innovations that we believe will accelerate the pace of change. In this webcast, ARK’s Next Generation Internet Analyst, James Wang, takes a look inside deep learning, part one of Big Ideas 2018. Deep learning—a form of artificial intelligence inspired by the human brain—is sweeping across every […]
How Streaming Could Create a $50 Billion Music Industry
“I know of only two ways to make money—bundling and unbundling.” – Jim Barksdale, Former CEO of Netscape Few industries have felt the disruptive power of the internet like the music business. Global music revenue targeting the consumer market dropped from $24 billion in 1999 to $13B in 2016, a 63% drop when adjusted for inflation, […]
How Netflix Could Reach 400 Million Subscribers by 2023
Mentioned Companies: NFLXNetflix could triple its subscriber base over the next five years. Assuming continued growth in the US and a moderate inflection in international growth, the number of Netflix subscribers could more than triple to nearly 400 million, two times higher than Wall Street expectations, by 2023. Viewed from the perspective of an S-curve, Netflix has […]
The State of Deep Learning in 2017
In early 2017, ARK published “Deep Learning: An Artificial Intelligence Revolution”. This whitepaper made the case for deep learning as a foundational technology that should transform not only technology companies but every sector of the global economy. Since the paper’s publication, deep learning continues to grow at a rapid pace both in research and in […]
$1,700? Even Bitcoin’s Bear Case Is Bullish
Mentioned Companies: GBTCAs the first public asset manager to gain exposure to bitcoin at $250 through the Bitcoin Investment Trust,1 ARK Invest faced a number of questions and much ridicule in September 2015. Given our research-based conviction, and the knee-jerk reaction of skeptics, we knew we were on to something big! Ending a near cataclysmic slide from roughly […]
Digitizing Cash Transactions Could Become Quite Profitable
Digitization is unlocking voluminous amounts of data in every industry around the world. Businesses and individuals now are creating 2.5 quintillion bytes of data daily and, during the past five years, have generated 90% of all of the data ever recorded in human history, as shown below.1 Data aggregators like Facebook, Tencent, and Google have […]
GPUs vs. TPUs — Can NVIDIA Hold On To Its Lead?
Now that deep learning has turbocharged NVIDIA’s data center business by five-fold in the past two years, competition is brewing. As of 2017 nearly a dozen startups have launched, with the goal of building dedicated chips for deep learning applications. In addition, large public tech companies such as Alphabet, Intel, AMD, Qualcomm, and Apple plan […]
E01 – The Disruptive Potential of Cryptoassets with Chris Burniske
ARK Disrupt Podcast is designed to keep you engaged with the most disruptive innovations evolving today. In our first episode, James Wang, ARK Invest analyst, interviews Chris Burniske, ARK Theme Developer and author of the book “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond”, to chat about the disruptive potential of Bitcoin, Ethereum, Litecoin, […]
How Much Artificial Intelligence Does IBM Watson Have?
Mentioned Companies: IBMTo gauge the future of IBM , one needs to understand its cognitive computing platform, Watson. As its core business declines, IBM is counting on Watson to drive growth in new areas such as analytics, healthcare, internet of things, and security. But, what kind of artificial intelligence (AI) is IBM Watson? And, how does it compare […]
How Large Is the Deep Learning Data Center Market?
Deep learning is having a profound effect on the microprocessor and server markets. In the face of a declining server market during the last six months, NVIDIA tripled its data center revenues. The reason? Deep learning applications like voice search, image recognition, and translation are taking off, and NVIDIA’s graphics processing units (GPUs)1 are the […]
Deep Learning: An Artificial Intelligence Revolution
Deep learning — a form of artificial intelligence inspired by the human brain—is sweeping across every industry around the world. Thanks to this breakthrough, computer vision, voice recognition, speech synthesis, machine translation, game playing, drug discovery, and robotics are setting game-changing performance records. ARK believes that deep learning is one of the most important software […]
The Race to Build the Best AI Chip: NVIDIA vs. Google
The explosion in artificial intelligence has created a new market for specialized processors. Chips like GPUs (graphics processing units) and FPGAs (field programmable gate arrays) are now being used in data centers to help with these new AI workloads. In this podcast, ARK CEO, Cathie Wood, and ARK Internet Analyst, James Wang, discuss the race […]
Google: The Full Stack AI Company
Google has become a full stack AI company. It uses its own data to train its own algorithms running on its own chips deployed on its own cloud. The result is that Google is able to innovate very quickly in AI and deploy it ahead of its peers—just like Apple took full control of OS […]
Data from Cash Disruption: A Clear Advantage for Fintech Firms
Cash transactions play a dominant role in the lives of millions of people around the world: Cash is the leading payment instrument for day-to-day purchases such as groceries, petrol, and in some cases, even real estate. For Khin San,[1] a small farmer from Myanmar, cash is central to her livelihood. She often travels with large amounts […]
An Interview with NBR: The Bluest of Blue Chip Tech Stocks
In a recent interview with Nightly Business Report (NBR), ARK’s Next Generation Internet analyst James Wang discussed the bluest of blue chip tech stocks. Here are some takeaways: 1. Amazon is eating the world…in both retail and cloud Amazon continues to be the bluest of the blue in tech stocks – by both market cap and […]
Fintech Explained—The Financial Revolution Has Just Begun
Watch ARK’s explainer video on Fintech and the ongoing financial transformation. Learn why ARK believes Fintech could have a great and positive impact on our lives. ARK believes the financial services industry is ripe for innovation. While we have seen advances such as ATMs in the 60’s, debit cards in the 70s, and online banking […]
First Impressions From The Snap Inc. IPO S-1 Filing
Earlier this week papers were filed for the Snap Inc. IPO. Snap Inc. is the parent company of Snapchat and based on its S-1 prospectus, Snap seems to have a unique worldview, rapid growth, staggering costs, and no pretense of public shareholder governance. The Snap Inc. IPO makes clear that it doesn’t view itself as a […]
Bitcoin’s Price Behavior: Why 2017 is Not the Same as 2013
A common but mistaken refrain is building that bitcoin’s price behavior of late has been a replica of the infamous late 2013 rise and crash. Certainly, a similar narrative could be spun: bitcoin breaks $1,000, the People’s Bank of China issues some comments that scare people, bitcoin crashes. But if a few marketplace characteristics are investigated, we think the […]
Financial Blockchains: The Peril and Promise
We recently had the pleasure of sitting on a panel hosted at ConsenSys, a leading Ethereum startup, to discuss the future of financial blockchains. Below we include a brief summary of some of the topics we found most interesting from the panel discussion. Digital Assets Trading within the capital markets currently involves a mixture of […]
Deep Learning Based Diagnostics: Unlocking a $16 Billion Market
Mentioned Companies: IBMIntelligent software could “eat” into diagnostic radiology, just as it has eaten countless other industries. We think the result, deep learning based diagnostics software, will likely lead to faster, cheaper, and more accurate diagnoses on a global scale. The key enabling technology is deep learning, a form of artificial intelligence (AI) that has established benchmarks […]
