Cathy Wood was interviewed by CEO Daily in June this year, systematically explaining her views and advice on investment; the original video was 100 minutes long, and I have summarized it into 25 core points as follows:
Bitcoin is another 'asset class revolution' following 1600.
She calls Bitcoin 'the first truly new asset class since the birth of stocks in 1600,' and its independence and non-correlation force institutions to allocate.
From the perspective of portfolio construction, she emphasizes the 'diversification premium' brought by Bitcoin, which is not merely about trading coins.
Original: 'We haven’t had one truly since equities in the 1600s... institutions have to consider it.'
Bitcoin's target price for 2030: $1.5 million.
She believes Bitcoin will become part of the global monetary system, especially as global institutions begin to allocate it, with extremely limited supply and rapidly rising demand.
Cathy Wood repeatedly emphasizes the importance of a 'rules-driven monetary system,' and Bitcoin is the solution she has been waiting for since the dollar left the gold standard in 1971.
Original: 'Our forecast for 2030 is $1.5 million... it’s a very big idea because it is a new asset class.'
Bought Bitcoin at $250 in 2015.
Cathy Wood bought Bitcoin early mainly for academic research rather than speculation, encouraged by her professor Art Laffer to view Bitcoin from an economic perspective.
She mentioned that she was questioned and mocked at the time, but this only strengthened her confidence in her judgment of technological trends.
Original: 'We got in at roughly $250... people thought we were doing it as a marketing trick.'
The three pillars of Bitcoin's value: institutions, young people, developing countries.
She emphasizes that the true breakout point for Bitcoin does not come from American retail investors, but from the gradual recognition by global institutions, the natural affinity of Generation Z, and the strong demand for currency stability in emerging countries.
She specifically mentions that in countries like Venezuela and Turkey, Bitcoin and stablecoins serve as 'insurance policies' for ordinary people against hyperinflation.
Original: 'Three building blocks... institutional, digital gold, and emerging markets.'
The Bitcoin system has never been hacked since 2009, making it 'the safest computing network.'
She uses this to explain that the technological foundation of Bitcoin is not a speculative scam, but a robust financial infrastructure that is native to the internet.
She believes that Bitcoin is even more trustworthy than traditional financial systems, and 'not being hacked' is the best endorsement of trust.
Original: 'The base layer has not been hacked since 2009... how many systems can say that?'
Artificial Intelligence and Autonomous Driving section: A universal platform in the AI era.
Tesla is the largest AI project on Earth.
She believes Tesla's AI investment has far exceeded external perceptions, especially in FSD (full self-driving).
She posted this view on X (formerly Twitter), and Elon Musk personally liked it to confirm.
Original: 'Tesla is the largest AI project on Earth... Elon liked it, so it must be true.'
Tesla's target stock price for 2030: $2,600.
Cathy Wood predicts Tesla's stock price will increase tenfold, with 90% of its value coming from its future robot taxi network.
She calls it 'the iPhone of the autonomous driving era'; once realized, it will become one of the largest platforms in the world.
Original: 'Our prediction in five years is $2,600... 90% from the robo taxi platform.'
The future car is not a consumer product, but a 'money-making machine.'
She envisions an ordinary person being able to rent out their Tesla to earn money during the day and pick themselves up at night.
She says 'This is a new form of productivity,' reflecting the 'reusability' of future assets.
Original: 'Your Tesla could drive you to work, then go out to earn money during the day.'
Autonomous taxi services will bring in $8–10 trillion in revenue in the future.
This is one of her most important predictions about the AI economy, comparing this technology to the emergence of the internet and mobile phones.
She says 'The global GDP is $130 trillion, and $10 trillion is already a huge part of GDP.'
Original: 'The autonomous taxi network will be worth $8 to $10 trillion... it will move the needle.'
The humanoid robot market could reach $26 trillion in the future.
She believes this will be more transformative than autonomous taxis, although it's still in its early stages.
She mentions Elon Musk's 'ultimate goal': robots that can thread a needle.
Original: 'Elon will not be satisfied until these robots can thread a needle... we expect a $26 trillion market.'
Medical technology section: AI will rewrite life sciences.
AI + multi-omics technology can achieve early cancer screening, even at 'stage zero.'
She believes this is AI's most powerful contribution to human welfare, allowing for the earliest detection of cancer.
She emphasizes that this is the result of the integration of multi-omics (genes, RNA, proteins) technology.
Original: 'We are able to diagnose cancer in stage one, maybe even before.'
Crispr can cure sickle cell anemia in one treatment and is already generating revenue.
She emphasizes that this is not a distant future but an AI medical case that can 'make money right now.'
She focuses on the actual implementation of technology rather than theoretical breakthroughs.
Original: 'Crispr Therapeutics... with one treatment... it is already generating revenue.'
Tech trends and investment logic.
The global GDP annual growth rate may reach 7.3% in the next 5 years.
She believes five major technology platforms will drive the 'second industrial revolution' in the economy.
She compares this growth rate to 0.6% from 1500–1900 and 3% after the Industrial Revolution, believing we are entering an explosive period.
Original: 'Based on our platforms, GDP growth could accelerate to 7.3%.'
Wright's Law is the core basis for investing in tech companies.
All the technologies she invests in must follow the rule that 'unit costs decrease exponentially with scale.'
She emphasizes that technology is 'naturally deflationary,' getting cheaper as it matures.
Original: 'Wright’s Law... how fast costs will decline... the most important metric we use.'
The arrival of the no-code era: humans no longer write code.
She mentioned that 'vibe coding' will replace traditional programmers, allowing anyone to write software using natural language.
She says ARK is using this technology to replace internal tools.
Original: 'We’re replacing software using natural language... customization will explode.'
Investment advice section: future opportunities accessible to ordinary people.
If she could only invest in one stock, she would choose Tesla.
She believes Tesla is the intersection of three major trends: AI + Energy + Robotics.
She says this judgment is based on a valuation model that 'does not yet account for the value of humanoid robots.'
Original: 'If I had to give you one stock—it would be Tesla... humanoid robots not even priced in.'
ARK ETF is a good way for ordinary people to invest in innovative assets.
She recommends investing in the next 10 years through the ARK Fund ETF using the 'dollar-cost averaging' method.
She believes that even if you only invest $1,000, you can achieve technology dividends through ETFs.
Original: 'Averaging into our ETF... you’re getting exposure to 35 top innovation companies.'
The top ten stocks she recommends are as follows:
She emphasizes that these are 'available for anyone to buy in the open market,' and they are high-conviction stocks selected by her team based on the five major technology trends of the future.
She says: 'These companies span multiple fields, not just AI, but are also representatives of integrated innovations in energy, genetics, robotics, etc.'
Original:
Tesla
Coinbase
Palantir
Crispr Therapeutics
Archer Aviation
Shopify
Roblox
Roku
Robinhood
TSMC
Social structure and future changes.
The unemployment rate will not rise in the AI era; it may even decrease.
She believes AI will not cause large-scale unemployment; instead, due to trends like population aging and workforce reduction, the unemployment rate will decrease.
The structural lack of labor makes AI a complementary tool rather than a replacement threat.
Original: 'I think [unemployment] will be the same or lower... because baby boomers are retiring.'
The future company will be replaced by 'personal economies'
She believes that DAOs, Bitcoin, and others will disrupt traditional company structures, allowing individuals to sustain themselves through investment and creation.
She says 'Companies are just agreements'; the integration of technology and finance will create new forms of organization.
Original: 'Maybe this idea of a corporation as we know it is going to change radically.'
AI is permeating government, with the US FDA being the first to benefit.
She says she has seen the FDA using AI for drug approvals, with significant improvements in speed and efficiency, marking the first step in technological reform of government.
She supports Elon’s idea of a 'tech-governed government.'
Original: 'I’m watching it in the FDA... how they’re starting to use AI, it’s phenomenal.'
The retail industry will be replaced by AI personal assistants, and shopping will be 'predicted.'
She predicts that in the future, everyone will have their own AI shopping assistant that knows what you need even before you do.
She says 'I hate shopping, I can’t wait.'
Original: 'They’ll anticipate what we want... I hate shopping, I can’t wait.'
Digital assets and platform revolution.
Digital assets are 'the native financial layer of the internet.'
She strongly recommends abandoning the term 'Crypto' and using 'Digital Assets' to define the future Web3 infrastructure.
She believes 'Crypto' sounds like underground trading, while digital assets are the backbone of the economy.
Original: 'Let’s stop calling it crypto. It’s really digital assets—this legitimizes it.'
Coinbase is the 'compliance lighthouse' of the digital financial revolution.
She invests in Coinbase not just because it makes money, but because it has educated regulators and is an important driver of the industry's legitimization.
She says: 'They made sure America didn’t miss this innovation.'
Original: 'They fought the fight against regulators... helped policymakers understand.'$BTC 
