Cathie Wood believes Trump’s regulatory changes could drive U.S. leadership in AI, blockchain, and cryptocurrency.
Wood sees deregulation as a key factor to help small businesses thrive and foster innovation in emerging tech sectors.
The shift in market sentiment, with a focus on high-growth companies, signals investor optimism ahead of potential policy changes.
Cathie Woods, the CEO Ark Investment Management has recently shared her optimistic view of what might stem from Donald Trump’s presidency. According to Wood, the Trump administration could be a force to lead emerging technologies including technology, artificial intelligence, and cryptocurrency.
https://twitter.com/innomincapital/status/1863487101020541362 Regulatory Changes Could Boost Tech and Crypto
Wood has criticized the current SEC leadership under Gary Gensler. She believes Gensler’s approach almost caused the U.S. to lose its dominant position in cryptocurrency. According to Wood, Trump’s administration could reduce regulatory burdens that have restricted blockchain and crypto development. She emphasized that less regulation helped fuel the early internet boom and sees similar potential in the crypto space.
Moreover, Wood believes that with the right regulatory changes, the U.S. could regain leadership in tech innovation, especially in AI and blockchain. She considers these changes vital for future growth.
Expanding Opportunities Beyond Big Tech
Wood has also pointed to other sectors that could thrive under a Trump administration. She has mentioned robotics, energy storage, and multiomic sequencing as industries poised for growth. Wood explained that recent years have concentrated growth in a few large tech firms, stifling broader innovation.
Furthermore, she predicted that with a more open regulatory environment, smaller companies could finally have the chance to expand.
Fostering Growth for AI and Small Businesses
Wood sees AI as a key area for U.S. leadership. She argued that the U.S. must focus on AI to stay competitive globally. In her view, deregulation would allow small and medium-sized businesses to make significant advancements in this space. With fewer restrictions, companies pushing the envelope on innovation will have more room to grow.
Markets are already indicating that they are preparing for this change. Money managers have started to abandon large capitalization stocks and opt for companies with higher earnings growth per share.
Bitcoin’s performance this year also shows positive sentiment among investors with the digital asset set to rise past $100, 000.
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