ARK& #39;s Big Ideas 2020 deck is here—a year of research packed into 80 slides covering AI, robotics, autonomous, genomics, bitcoin, and more.
Download: https://ark-invest.com/big-ideas-2020
Here">https://ark-invest.com/big-ideas... are 5 slides that really hit it home. Thread:
Download: https://ark-invest.com/big-ideas-2020
Here">https://ark-invest.com/big-ideas... are 5 slides that really hit it home. Thread:
Deep learning continues to improve at astounding rates. In 2017 it costed $1,000 to train ResNet50 on the cloud, now it costs $10.
Thanks to AI accelerators and & #39;unlimited& #39; compute in the cloud, AI algorithms are eating up 10x the amount of FLOPs per year.
Thanks to AI accelerators and & #39;unlimited& #39; compute in the cloud, AI algorithms are eating up 10x the amount of FLOPs per year.
They promised us flying cars and instead we got something even better—drones!
Drones are to flying cars as smartphones are to mainframes—they are cheaper, smaller, and serve more markets.
Everything from delivering Starbucks to moving people can be made 10x cheaper with drones.
Drones are to flying cars as smartphones are to mainframes—they are cheaper, smaller, and serve more markets.
Everything from delivering Starbucks to moving people can be made 10x cheaper with drones.
Between Venmo and Square Cash App, they have ~100m users—rivaling some of the largest US banks.
Yet the markets values them at a huge discount to both traditional banking customers and private Fintech companies.
When these customers grow up, so will their valuations.
Yet the markets values them at a huge discount to both traditional banking customers and private Fintech companies.
When these customers grow up, so will their valuations.