Cathie Wood Sees 20% Returns After 'Unbelievable' 2020

I think it’s just to keep the crowd in a positive mood and also he might have seen how Tesla AI team is improving and his confidence has grown. This makes him say stuff which may be true in a long term.

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Changing the topic, as you have no substance to your arguments.

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How can she keep talking about this? I knew it 10 years ago. The change is painfully slow.

So not only we need to know the innovation, we also need to assess how long would the change take.

Makes me wonder about the sanity of people like Wu who will follow Musk off a cliff. My basic philosophy is never trust anyone with your money. The blind faith in Musk and Trump is close to religious fanaticism

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Specially in the face of him lying for a good decade now. Blatant lies.

Musk takes stupid risks for no reason. Is seriously insane. But so is Trump. Attracts fanatics. The stupid Bitcoin purchase cost him $60b. It is entertaining to see what gaff he will come up with next😊

Our analysis suggests that complex language models will have a near-term impact on the AI chip market. At $4 billion today, the chip market has been training and operating the three established neural network architectures. A new kind of workload, Transformer-based language models are roughly 10x more demanding computationally than image models, as shown above. Even as AI compute costs fall, products and services based on language understanding could generate ~$1 billion in incremental AI hardware spending per year.

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He is also a Cathie fan!

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ARK March market update.

Cathie is buying into TDOC and ZM aggressively… betting on telemedicine and metaverse?

Cathie on TDOC last November. She’s been bullish for a while. Buying it hand over fist because there’s a sale going on.

The rise of telehealth and online medicine as a result of the COVID-19 pandemic has been behind the recommendation of New York based fund manager Cathie Wood, for US based telemedicine and virtual health care company Teladoc Health as her stock pick for the 2020 Australian Sohn Hearts & Minds Investment Conference.

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Bitcoin is absolutely shit. Is a Ponzi scheme and energy pig. Should be banned and the investors should be indicted for killing off the polar bears.

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Volkswagen Power Day Suggests the Right Strategy at the Wrong Speed

By Sam Korus @skorusARK
Analyst

This week, Volkswagen held its Power Day, unveiling plans for battery production and charging infrastructure through 2030 in a way that emulated Tesla’s Battery Day last September. High-level takeaways included VW’s plans to produce 240 GWh of batteries, reduce battery costs by roughly 50%, and add 18,000 fast-charging points.

What the press release did not convey, the live presentation captured. During the antithesis of an early Steve Jobs presentation, dozens of presenters, each with 30 seconds, highlighted how their team plans to contribute to Volkswagen’s EV transition strategy.

In ARK’s view, companies with ‘old world DNA’ are unlikely to transition quickly enough to dominate the new world. Often the difference between old and new world DNA are plans for linear as opposed to exponential growth trajectories. Tesla’s stated goal for 2030 is three terawatt-hours of annual production, 12.5 times more than VW’s 240 gigawatt-hours. In an exponential world, companies thinking linearly could be left behind.

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Is Augmented Reality (AR) The Mobile Computing Platform Of The Future?

By Nicholas Grous
Analyst

In a series of blogs, Facebook laid out its vision of human-computer interaction (HCI), and spoiler alert: it does not include smartphones. Instead, Facebook is focused on a “contextually aware, AI-powered interface for augmented reality (AR) glasses.”

To achieve its vision, Facebook needs to optimize the AR interface. One option is the human wrist. Yes, your wrist!

In 2019, Facebook acquired a neural interface startup called CTRL-Labs. At the time, CTRL-Labs was developing a “mind-reading wristband”. Here is an old demo video - watch.

This week, Facebook released a demo showing how the new tech will be able to control future AR displays - definitely watch!

So why the wrist? Well, according to Facebook, “The wrist is a traditional place to wear a watch, meaning [the new device] could reasonably fit into everyday life and social contexts. It’s a comfortable location for all-day wear. It’s located right next to the primary instruments you use to interact with the world — your hands.”

While the world is years away from AR dominance in everyday life, Facebook seems to be approaching the challenge with the right mindset. Every advancement in computing has centered around convenience and engagement. Both have been critical to the internet’s evolution. Prior to multi-touch capable smartphones, for example, cellphone use was limited to texting, calling, playing brick-breaker, and maybe browsing the internet. Today, thanks to incremental advancements like multi-touch, smartphones have become our primary computing devices.

If Facebook can execute on its vision, we believe someday soon smartphones will give way to sleek pairs of AR glasses and smartwatches.

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I will leave it to @hanera to model how much damage that will do to his AAPL holding…

:thinking:

where they got this idea?. Tesla cannot start a factory without clearance from EU engieering firms.
EU is moving into digital space. there is simply less industrial production. and that production will first satisfy EU firms.