Vehicles using technology from Waymo LLC have already travelled more than 20-million miles autonomously. REUTERS/Brendan McDermidAn historic technological evolution is underway, with powerful themes that are transforming business and society while offering unique opportunities for investors, according to Ark Investment Management LLC.
“We look at where technology is going, not where it is,” says James Wang, an internet analyst with the firm. “Our job is to find the companies we believe are going to be trillion-dollar companies tomorrow.”that fit this bill and there is no shortage of radical change among the 11 it identifies. It includes aerial drones, 3D-printing, driverless cars, advances in DNA and genome sequencing and the rise of bitcoin.
The software can see, hear and understand natural language at near human levels of accuracy. That includes software that serves up ads when we go to a website, robots that help doctors create surgical plans based on thousands of similar operations, or Google Home, which gets better at answering questions.
Mr. Wang, who has a degree in computer engineering, explored the implications in a recent interview. Here’s an edited and condensed transcript of that conversation:We believe it is the most important foundational technology since the invention of the internet. It’s a completely new way of thinking about software.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »
Source: VancouverSun - 🏆 49. / 61 Read more »
Source: CTVNews - 🏆 1. / 99 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »