"Wood Sister": Artificial Intelligence Has Improved Labor Productivity

CoinNetwork · 2026-03-17T12:14:15+00:00

Cathie Wood stated that artificial intelligence has enhanced labor productivity and will significantly increase earnings over the next decade. Non-agricultural sector productivity growth is expected to reach 6% annually, with large language model applications driving remarkable gains. She estimates that $10 trillion to $12 trillion in revenue growth can be achieved within the next five to ten years, which will have a major impact on the economy.

CoinNetwork

2026-03-17 12:14:15

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Crypto World News reports that Kathy Wood, Chief Investment Officer of ARK Investment Management, stated that artificial intelligence has already increased labor productivity and will bring even more significant gains over the next decade. Productivity in the non-agricultural sector has grown by 2.8% year-over-year, but the adoption of new AI tools is expected to boost this growth rate to around 6% annually. The productivity improvements brought by large language models are astonishing. She also added that even her company’s internally skeptical team members are “very surprised” by their performance. Wood pointed out that revenue growth among leading AI model providers is very impressive, with Antopy’s annual revenue reaching $19 billion, and OpenAI’s revenue increasing from $20 billion to $25 billion. She said, “In the next five to ten years, we expect to achieve revenue growth from nearly zero to $10 trillion to $12 trillion. This will have a significant impact on gross domestic product.”

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