Are Meta's Orion glasses enough to convince you to exist in the metaverse? This week, Director of Research, Next Generation Internet Frank Downing, and Associate Portfolio Manager Nick Grous discuss Meta's recent product launches at Meta Connect, focusing on their AI initiatives, particularly the Llama language models, and the integration of AI into their hardware products like the Ray-Ban glasses. 

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Meta is open sourcing their Llama models, democratizing access to AI.
• The Ray-Ban glasses integrate AI features seamlessly into daily life.
• Orion represents a long-term vision for augmented reality.

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public

Imagine never having to hunt the internet for the lowest price on an item again! This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous discuss the evolving landscape of digital wallets and purchasing agents, focusing on Klarna's recent developments.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Klarna is evolving from buy now, pay later to digital wallets.
• The introduction of purchasing agents could disrupt traditional marketplaces.
• Digital wallets may become a winner-take-most market.

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public

In this episode of FYI, Brett Winton, ARK Invest’s Chief Futurist, and CEO/CIO Cathie Wood, engage in a discussion with Seungyeon (SY) Kim, the CEO of Toss Securities. SY shares his journey from working at global tech giants like Google and TikTok to leading Toss Securities, a company often dubbed the "Robinhood of Korea." The conversation explores the unique approach Toss Securities takes by integrating social media features into its trading platform, fostering community engagement among investors. They also discuss the retail investing landscape in Korea, the potential global expansion of Toss Securities, and the intersection of social media, finance, and AI in reshaping the future of trading.

"In a couple of years time, I don't think we might need apps or mobile phones to trade stocks." - SY Kim

Key Points From This Episode:

• SY’s career journey from Google and TikTok to becoming the CEO of Toss Securities.
• The unique social media features integrated into Toss Securities' platform.
• Comparisons between Toss Securities and Robinhood, and the distinct approach SY’s team takes.
• The impact of social engagement on trading volumes within the Toss platform.
• The potential role of AI in the future of trading and investing.
• The growing interest of Korean investors in U.S. equities, driven by market trends and cultural factors.
• The importance of innovation in both the tech and financial sectors and its implications for the future.
• The regulatory environment in Korea and how it supports innovation in financial services.
• Toss Securities' ambitions for international expansion, particularly in the U.S. market.
• The relationship between crypto market trends and the growth of retail investing in Korea.

Can overthinking actually be beneficial? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Next Generation Internet Director of Research Frank Downing to discuss updates to OpenAI's latest model and the benefits of increasing AI "thinking" time.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• The O1 model represents a breakthrough in AI reasoning.
• Inference time can be optimized for better performance.

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public

Is Apple's strategy to launch Apple Intelligence wise? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Research Associate Jozef Soja to discuss Replit and updates to Apple Intelligence at their recent product announcement event.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Replit Agent is a coding agent developed by Replit that can create web apps autonomously.
• Apple's hardware updates focus on generative AI and health features.
• Established companies face challenges in productizing AI models.
• There is potential for newer entrants in the AI space.
• Upcoming releases from OpenAI and Oracle are anticipated.

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public

In this episode of FYI, Brett Winton, ARK’s Chief Futurist and Frank Downing, ARK’s Director of Research, Next Generation Internet, welcome Manu Sharma, founder of Labelbox. The conversation examines the rapid evolution of Artificial Intelligence (AI) since the introduction of ChatGPT, highlighting how Labelbox has adapted from basic data labeling to sophisticated AI alignment using Ph.D.-level experts. They explore the profound changes in the AI landscape, the significance of reinforcement learning from human feedback, and the future of AI in increasing productivity and transforming industries. Listen in as they uncover the trends driving AI innovation and the growing importance of human preferences in shaping powerful models.

"There is a really interesting development happening in the industry, which is all these models had to get bigger only to get smaller." - Manu Sharma

Key Points From This Episode:

• The shift from traditional data labeling to sophisticated AI alignment post-ChatGPT.
• The role of Ph.D.-level experts in training and aligning foundation models.
• How RLHF (Reinforcement Learning from Human Feedback) has become essential in AI development.
• The impact of generative AI on enterprise productivity and consumer applications.
• The concept of model distillation and its importance in creating efficient, smaller models.
• The future potential of AI assistants and the economic implications of AI pricing models.
• Labelbox’s evolution into a data factory, powering major foundation models with high-quality data.
• The ongoing challenges in AI, including the need for better reasoning capabilities in models.
• The distinction between pre-training and post-training data needs and strategies.
• The potential of AI in real-world applications, including robotics and specialized industry

Typically, in coordination with Bitcoin Park, ARK publishes a monthly conversation with leaders in the bitcoin space, to discuss everything happening in the rapidly-changing and still nascent bitcoin ecosystem. This month’s edition of the Bitcoin Brainstorm, however, features Preston Pysh, Show Host and Co-Founder of The Investor’s Podcast Network and General Partner at Ego Death Capital, interviewing ARK CEO and CIO Cathie Wood and famed economist Dr. Art Laffer at the Bitcoin conference in Nashville, Tennessee. They covered all things bitcoin, ranging from why each grew interested in bitcoin to begin with, all the way to what they see for the bitcoin space in the future. 

Guests on this month’s Bitcoin Brainstorm include:

Preston Pysh: Show Host and Co-Founder of The Investor’s Podcast Network and General Partner at Ego Death Capital

Cathie Wood: Founder, CEO and CIO, ARK Invest

Dr. Art Laffer: Economist

• ARK’s early interest in bitcoin

• How Dr. Art Laffer was first introduced to bitcoin

• Some history of money, as told by Dr. Art Laffer

• Bitcoin's monetary policy and how it relates to supply-side economics

• Bitcoin's positioning as private money in the world stage

• Inherent anonymity of bitcoin and its importance

• The future of bitcoin

·      Learn more about Bitcoin Park: bitcoinpark.com

Are LLM wrappers a viable business model? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Chief Futurist Brett Winton to discuss how to capture economic value in an AI age.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Amazon demonstrates the developer time savings of deploying it's own internal AI tool
• A discussion around the economic ROI of AI

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public

In this episode of FYI, Brett Winton and Nick Grous sit down with Daril Fannin and Austin Worrell from Kino to discuss how their innovative platform is reshaping the film and television industry. Daril and Austin share their unique journeys and the inspiration behind Kino, a platform designed to democratize content distribution for independent filmmakers. They explore how Kino leverages interactivity and data-driven insights to offer fans a premium, interactive movie premiere experience from the comfort of their homes, challenging the traditional Hollywood model. Tune in to learn how Kino aims to empower the next generation of filmmakers and transform how we engage with content.

"What we do is we give fans the ability to get the experience of a Hollywood red carpet premiere from the comfort of your own living room." - Daril Fannin

Key Points From This Episode:

• The inspiration behind Kino, rooted in the founders' diverse backgrounds.
• The inefficiencies and inequities in the traditional Hollywood system.
• How Kino provides a digital box office experience, enabling fans to interact with filmmakers.
• The role of interactivity in Kino’s platform, blending social media and streaming.
• The challenges independent filmmakers face in today's content distribution landscape.
• How Kino offers data-driven insights to filmmakers, enhancing content monetization.
• The evolving landscape of content consumption and the shift towards interactive experiences.
• Kino’s strategy to empower filmmakers and meet the demands of modern audiences.
• A comparison between traditional streaming platforms and Kino’s innovative approach.
• Predictions for the future of entertainment, focusing on democratization and interactivity.

Is there a home insurance crisis? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by Kyla Scanlon to discuss the issues surrounding home insurance and its connection to housing supply, climate change, reinsurance, and regulation.

If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.

Key Points From This Episode:

• Home insurance is a critical issue due to the gap between housing supply and available insurance.
• The increasing frequency and severity of natural disasters have made insurance more expensive and led to insurers pulling out of certain markets.
• Regulation plays a role in the affordability and availability of home insurance, with some states capping insurance rate increases.
• The home insurance crisis has implications for the U.S. economy and consumer sentiment, as homeownership is a significant contributor to asset wealth creation.
• Possible solutions include legal reform, micro insurance products, collaborative programs, and building climate resilient homes.

For more updates on Public.com:

Website: https://public.com/

YouTube: @publicinvest

Twitter: https://twitter.com/public