"Cathie Wood" Speaks Out: AI Has Started to Reshape Productivity, Will Generate $12 Trillion in Revenue Over the Next Decade

ARK Investment Management founder Cathie Wood stated that artificial intelligence is genuinely driving productivity improvements and will unleash more profound economic benefits over the next decade.

According to Bloomberg on Tuesday, Wood pointed out that current non-farm productivity has increased by 2.8% year-over-year, and with the continued proliferation of AI tools, this growth rate is expected to accelerate to 6% annually. She predicts that the AI sector will generate $10 to $12 trillion in revenue over the next five to ten years and will substantially boost global GDP.

Her comments echo recent predictions by Jensen Huang—who 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 already evident, with growth expected to double

Wood said that the productivity gains brought by large language models are “shocking,” and even colleagues who were previously skeptical within her company have been convinced by their capabilities.

Current data preliminarily supports this judgment. Wood cited data indicating that U.S. non-farm productivity has achieved a 2.8% year-over-year increase. She believes that as AI tools accelerate their deployment, this growth rate has significant upside potential, with future annual growth possibly reaching 6%, more than doubling the current level.

If this outlook materializes, it will have a profound impact on macroeconomics. Wood straightforwardly stated that the expansion of AI revenue scale “will become a true driving force at the GDP level.”

Leading model providers’ revenues explode, trillion-dollar markets rapidly taking shape

Wood specifically highlighted revenue growth among frontier 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 AI commercialization is accelerating.

In Wood’s view, the current revenue scale is just the beginning. She expects that the entire AI sector will achieve $10 to $12 trillion in revenue over the next five to ten years, representing a nearly zero-to-hero leap.

ARK heavily invests in AI, maintaining confidence despite pressure on flagship funds

Wood is renowned for betting on disruptive innovation, with AI always being a core pillar of ARK’s investment logic. Her recent statements show that, despite recent performance pressures on her flagship tech funds, her assessment of AI’s economic value remains unchanged.

Nvidia CEO Jensen Huang’s strong forecast for demand in AI hardware provides industry-side confirmation of Wood’s AI growth outlook—continued chip demand explosion and rapid revenue expansion in AI applications reinforce each other.

For investors, the key signal from Wood is: the economic impact of AI is no longer just a concept; productivity data and revenue curves of leading companies are gradually turning this narrative into measurable reality.

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