Cathie Wood says new technologies will help “bend the curve” on inflation despite recent supply-chain bottlenecks related to Covid-19 and oil supply constraints.
Artificial intelligence, electric vehicles, robotics, genomic sequencing and blockchain technology are among phenomena that will help moderate price pressures, the Ark Investment Management founder said on Twitter. She was responding to a tweet by Tesla Inc. CEO Elon Musk about “strong” short-term inflationary pressure.
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October 26, 2021 at 11:56AM
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Cathie Ark's Wood Bets on Deflation in Reply to Musk - Bloomberg
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