Cathie Wood Claims AI Can Address Economic Challenges

Cathie Wood believes that the U.S. economy may face challenges that could lead to a hard landing. However, she is confident that technological innovations such as artificial intelligence can help address economic issues. AI can lower the costs of goods and services, stimulating economic growth. The appreciation of the dollar could also lead to a deflationary effect that favors growth. Wood does not consider technological innovation to be the only factor that can promote an economic rebound.