Innovation 2024: Ark Invest report ✨
A large investment fund Ark Invest published the traditional Big Ideas 2024 report, in which it presented its vision of innovations of the current year. We share the main theses of this work.

1️⃣ The current technological era will be defined by 5 technologies: public blockchains, AI, multi-ohm sequencing, energy storage and robotics.

2️⃣ AI technologies will develop even faster. AI could show a fivefold increase in performance in 2024 thanks to solutions such as LLMs based on human feedback, optimized prompts, speculative decoding and Flash Attention 2, which speeds up neural network training by 2.8 times. In addition, the introduction of AI into work processes will reduce the average working day from 5 hours to 4.5 by 2030.

3️⃣ The average annual return of Bitcoin over the past 7 years has surpassed the performance of gold, real estate, bonds and other emerging markets: this Bitcoin indicator reached 44%, while the performance of other assets did not exceed 6%.

4️⃣ All investors who hold Bitcoin for 5 years or more receive good profits. Those who invested in Bitcoin in 2011-2014 were able to receive up to 10x return on investment.

5️⃣ Demand for stablecoins will continue to grow, because they highlight the value proposition of smart contracts in a hyperinflationary environment. The researchers named Ethereum, BNB Chain, Solana, Avalanche, Tron, Polygon PoS as the best smart contract networks.

6️⃣ By 2030, the number of electric vehicles will increase significantly: about 95-100% of new models will switch to electricity.

7️⃣ In the future, the latest technologies will reduce the time and cost of delivery of goods and create conditions for supersonic flights. After testing Starship, the first services for such transportation may appear.

The full Ark Invest report on innovation can be read here.

☞ Arut Media | Telegram / Instagram / Twitter
Innovation 2024: Ark Invest report ✨ A large investment fund Ark Invest published the traditional Big Ideas 2024 report, in which it presented its vision of innovations of the current year. We share the main theses of this work.

1️⃣ The current technological era will be defined by 5 technologies: public blockchains, AI, multi-ohm sequencing, energy storage and robotics.

2️⃣ AI technologies will develop even faster. AI could show a fivefold increase in performance in 2024 thanks to solutions such as LLMs based on human feedback, optimized prompts, speculative decoding and Flash Attention 2, which speeds up neural network training by 2.8 times. In addition, the introduction of AI into work processes will reduce the average working day from 5 hours to 4.5 by 2030.

3️⃣ The average annual return of Bitcoin over the past 7 years has surpassed the performance of gold, real estate, bonds and other emerging markets: this Bitcoin indicator reached 44%, while the performance of other assets did not exceed 6%.

4️⃣ All investors who hold Bitcoin for 5 years or more receive good profits. Those who invested in Bitcoin in 2011-2014 were able to receive up to 10x return on investment.

5️⃣ Demand for stablecoins will continue to grow, because they highlight the value proposition of smart contracts in a hyperinflationary environment. The researchers named Ethereum, BNB Chain, Solana, Avalanche, Tron, Polygon PoS as the best smart contract networks.

6️⃣ By 2030, the number of electric vehicles will increase significantly: about 95-100% of new models will switch to electricity.

7️⃣ In the future, the latest technologies will reduce the time and cost of delivery of goods and create conditions for supersonic flights. After testing Starship, the first services for such transportation may appear.

The full Ark Invest report on innovation can be read here.

☞ Arut Media | Telegram / Instagram / Twitter