ARK Investment Management LLC’s “Big Ideas 2024” report outlines ten major emerging technologies that are expected to significantly impact the global economy and transform various industries.

Key Emerging Technologies

• AI: Revolutionizing productivity across industries, with generative tools driving efficiency.
• Public Blockchains: Disrupting finance with decentralized systems and smart contracts.
• Multiomic Sequencing: Unlocking new health insights and reducing drug development costs.
• Energy Storage: Enabling broader use of renewable energy and electric vehicles.
• Robotics: Enhancing manufacturing and logistics with expanding capabilities.
• Electric Vehicles: Sales projected to grow significantly by 2030, driven by cheaper batteries.
• Autonomous Mobility: Transforming urban transport with self-driving vehicles.
• Drone Delivery: Revolutionizing logistics, with billions in projected revenues.
• Cryptography: Boosting digital security and blockchain growth.
• Orbital Aerospace: Advancing space exploration with reusable rocket technology.

ARK’s research shows these technologies could accelerate global GDP growth from 3% to 7% annually, with disruptive innovation’s market value growing from 16% to over 60% of global equities by 2030.