Cathie Wood Predicts 7.3% Global Economic Growth by 2030 via AI and Robotics
Cathie Wood, CEO of Ark Invest, projected at an investor event in Seoul that global economic growth could reach an annual average of 7.3% by 2030, driven by technological innovations in artificial intelligence and robotics.
Technological Advancements Drive Global Productivity Gains
The projected economic acceleration hinges on disruptive technological advancements scaling capital expenditure and elevating output. Wood explained during the Seoul gathering that the confluence of multiple accelerating technologies will fundamentally alter global productivity baselines.
Chief among these drivers are artificial intelligence, public blockchains, robotics, energy storage solutions, and bio-information analysis technology. Within the transportation sector, Wood highlighted the commercial scaling of robotaxis and the monetization of driving datasets as primary revenue catalysts. Humanoid robotics are projected to achieve commercial viability by 2028, according to Wood.
Institutional Collaboration and Regional Strategy
The investor event itself was organized through a strategic partnership between Hanwha Asset Management and Ark Invest. Speaking at the conference, Hanwha Asset Management Vice President Choi Young-jin addressed how South Korea’s industrial base is positioned to capture value amid ongoing global realignments and enterprise artificial intelligence adoption.
Choi detailed the specific contributions that domestic manufacturing, defense industry, and industrial infrastructure sectors can supply to the broader technological transition. The collaborative framework, designated as the ‘Hanwha Finance PLUS’ initiative, is structured to bridge international innovation pipelines with targeted investment opportunities inside South Korea’s core strategic industries.
Beyond public equities, Wood noted an expanding opportunity set within private technology markets. Significant enterprise value remains concentrated in pre-IPO entities, creating distinct entry windows for institutional allocators seeking exposure prior to public market listings.