"Wooden Sister" speaks out: AI has begun to reshape productivity, and will generate $12 trillion in revenue over the next decade
ARK founder Cathie Wood stated that AI is indeed driving productivity; the U.S. non-farm productivity has achieved a year-on-year growth of 2.8%, and with the accelerated application of AI tools, the growth rate is expected to double to 6% in the future. She predicts that the AI sector will generate over $10 to $12 trillion in revenue over the next decade, which will have a substantial impact on global GDP
Cathie Wood, founder of ARK Investment Management, stated that artificial intelligence is genuinely driving improvements in labor productivity and will unleash more profound economic dividends in the next decade.
According to a report by Bloomberg on Tuesday, Wood pointed out that current non-farm productivity has increased by 2.8% year-on-year, and with the continued proliferation of AI tools, this growth rate is expected to accelerate to 6% per year. She predicts that the AI sector will generate $10 to $12 trillion in revenue over the next five to ten years and will have a substantial impact on global GDP.
This statement echoes Jensen Huang's recent prediction—he expects NVIDIA's cumulative sales to reach at least $1 trillion by 2027, further confirming the explosive growth momentum of the AI industry.
AI Productivity Dividends Are Emerging, Growth Rate Expected to Double
Wood stated that the productivity improvements brought about by large language models are "stunning," and even colleagues within the company who were previously skeptical have been impressed by their capabilities.
Current data has preliminarily confirmed this judgment. Wood cited data indicating that U.S. non-farm productivity has achieved a year-on-year growth of 2.8%. She believes that as AI tools accelerate their application, there is significant upside potential for this growth rate, which could reach 6% annually in the future, more than doubling the current level.
If this expectation is realized, it will have a profound impact on the macroeconomy. Wood bluntly stated that the expansion of AI revenue will "truly become a driving force at the GDP level."
Top Model Providers' Revenue Explodes, Trillion-Dollar Market Accelerates Formation
Wood specifically pointed out the revenue growth of leading AI model providers to support her optimistic view of the overall sector.
According to her, Anthropic's annualized revenue has reached $19 billion; OpenAI's annualized revenue has grown from $20 billion to $25 billion. This growth rate indicates that the commercialization process of AI is accelerating.
In Wood's view, the current revenue scale is merely the starting point. She expects that the entire AI sector will achieve a revenue scale of $10 to $12 trillion in the next five to ten years, representing "almost a leap from zero."
ARK Heavily Invests in AI, Flagship Fund Remains Committed Despite Pressure
Wood gained fame for betting on disruptive innovation, with AI always being a core pillar of ARK's investment logic. This statement shows that despite recent performance pressures on the flagship technology fund, her judgment on the economic value of AI has not wavered.
Jensen Huang's strong forecast for AI hardware demand provides evidence from the industry side for the AI growth scenario depicted by Wood—sustained chip demand corroborates the rapid expansion of revenue at the AI application layer.
For investors, Wood's core message is that the economic impact of AI is no longer just a conceptual stage; productivity data and the revenue curves of leading companies are gradually transforming this narrative into a quantifiable reality.
