Cathie Wood Says There’s One Common Thread When it Comes to AI Stocks in Her Firm’s Portfolio
Published by
The Street
The Street
By Ian Krietzberg Artificial intelligence is becoming a powerful force, not just in what it can accomplish, but in how it is impacting companies, employees and investors across the board. In the wake of mass, AI-driven layoffs at companies from BuzzFeed (BZFD) – Get Free Report to IBM (IBM) – Get Free Report, Cathie Wood, the CEO and investment manager of Ark Invest, said AI — if properly handled — could be huge. DON’T MISS:ChatGPT Might Not Threaten Your Job as Much as the Hype Suggests It Will Speaking in the latest episode of her ‘In The Know’ podcast, Wood discussed the ongoing banking c…