{"id":42625,"date":"2024-12-04T07:53:48","date_gmt":"2024-12-04T07:53:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ark-invests-cathie-wood-sees-promising-growth-for-tech-after-trumps-inauguration\/"},"modified":"2024-12-04T07:53:48","modified_gmt":"2024-12-04T07:53:48","slug":"ark-invests-cathie-wood-sees-promising-growth-for-tech-after-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ark-invests-cathie-wood-sees-promising-growth-for-tech-after-trumps-inauguration\/","title":{"rendered":"ARK Invest\u2019s Cathie Wood Sees Promising Growth for Tech After Trump\u2019s Inauguration"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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With Donald Trump becoming office next month, Cathie Wood, the founder of ARK Invest, is predicting a surge in growth for internet companies. Wood thinks that the Trump administration will implement business-friendly rules that will foster innovation, especially in the areas of digital assets, artificial intelligence (AI), and other tech-related fields.<\/p>\n

A Shift Toward Innovation<\/strong><\/h2>\n

During a recent appearance on CNN\u2019s Inside Politics<\/em>, Wood shared her outlook on how the market will evolve under Trump\u2019s leadership. She predicts that the market will shift away from its current focus on a select few stocks and begin rewarding companies leading in innovation. \u201cIn the last four years, we saw massive concentration towards very few stocks. I think the market\u2019s going to broaden out right now and reward companies who are at the leading edge of innovation, not just those who have already been very successful\u2026 We think it\u2019s going to help small and medium businesses,\u201d<\/em> Wood said.<\/p>\n

This statement underscores her belief that smaller and medium-sized businesses are poised to benefit from a regulatory environment that fosters technological progress.<\/p>\n

Wood also discussed the regulatory challenges that have hindered the U.S. from maintaining a leadership role in the cryptocurrency space. She pointed out that outgoing<\/a> U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler\u2019s stance on digital assets has been detrimental to the country\u2019s crypto industry. \u201cI think the biggest problem we have is regulation, too much regulation, and we as a country, the US, almost lost our footing in the cryptocurrency world,\u201d<\/em> Wood explained.<\/p>\n

She went on to attack Gensler\u2019s strategy, saying that the former SEC Chair\u2019s strict regulations turned talented people away from the United States. Wood is hopeful, nevertheless, that a shift in regulations will revolutionize both AI and cryptocurrencies. She underlined that in order to be competitive, the US needs to adopt technology like artificial intelligence (AI), blockchain, robotics, and energy storage.<\/p>\n

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\u201cThere are five major platforms evolving in the world today. I mentioned AI as the biggest platform shift. Crypto, or we call it blockchain technology, digital assets, is the second,\u201d<\/em> Wood stated. She believes these technologies are critical for the U.S. to lead, similar to how it led the internet revolution.<\/p>\n<\/p><\/div>\n

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(Originally posted on : Crypto News – iGaming.org ) With Donald Trump becoming office next month, Cathie Wood, the founder of ARK Invest, is predicting a surge in growth for internet companies. Wood thinks that the Trump administration will implement business-friendly rules that will foster innovation, especially in the areas of digital assets, artificial intelligence […]<\/p>\n","protected":false},"author":35,"featured_media":42626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42625"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=42625"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/42626"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=42625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=42625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=42625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}