Here are the 15 trends ARK Invest predicts will be big drivers of growth in 2021.
Deep Learning
- Data to write software (vs. humans) that can power AI chips and self-driving cars
- Could create more economic value than the Internet did
- ARK predicts $30 trillion over next 15–20 years
Reinvention of Data Center
- Accelerator, dominated by GPUs, will replace the CPU as Main Server Compute Engine
Virtual Worlds
- Metaverse of Video Games, VR, and AR
- Gamers will become developers
- Spending in-game and virtual goods will increase exponentially
Digital Wallets
- 230 million users by 2025 multiplied by $20,000 value per customer= $4.7 trillion market that will supplant banks with lower acquisition costs
Bitcoin Fundamentals
- Less built on hype, more on network fundamentals
- Could serve as alternative to cash on company balance sheets
Bitcoin: Preparing for Institutions
- Deserves strategic allocation in portfolios based on gained credibility
- Recommended allocation of 3–7%
Electric Vehicles (EV)
- Decreasing battery costs, costs to own, and competing range and performance with other autos drive growth
Automation
- Will lead to higher wages, lower prices, higher margins, and higher investments
- Shifted unpaid labor to paid labor
Autonomous Ride Hailing
- Will dominate urban transport at 1/10th of the cost of taxis
- Varying automation strategies in industry, scalability determines pace of adoption
Drone Delivery
- Reduce cost to deliver goods
- Battery technology improved
- E-Commerce by 2030
- Food Delivery
Orbital Aerospace
- Global connectivity, point to point travel, and living on moon and Mars
- Rocket reusability drives lower costs and ability to use more satellites for those without broadband access
3D Printing
- Most prevalent in aerospace and auto industries
- Low costs and rapid prototyping as well as AI in manufacturing
Long Read Sequencing
- More complete picture of human genome
- As more data produced, costs go down
Multi Cancer Screening
- Liquid biopsies could prevent more cancer deaths than any other medical intervention before
- Blood tests can help with early detection
Cell and Gene Therapy: Generation 2
- Total Addressable Market (TAM) for oncology therapeutics will increase by 20-fold
- Shift from autologous to allogenic cell therapies
Which trend are you most interested in? Which one will dominate over the others?