HomeAbout

TL;DR CNBC


Robots could surpass workers at Amazon by 2030, Cathie Wood says - TL;DR CNBC

Robots could surpass workers at Amazon by 2030, Cathie Wood says

Publishing timestamp: 2023-02-01 08:49:03


Summary

Cathie Wood, portfolio manager of Ark Invest, believes that the growth of automation in the workplace will accelerate this decade, with robots possibly surpassing human employees at Amazon. Wood's Ark Innovation ETF (ARKK) just finished its best month ever, but is still down dramatically over the past two years.


Sentiment: POSITIVE

Tickers: AMZNARKK

Keywords: amazon.com incmarketsbreaking news: marketsbusiness newsark innovation etfinvestment strategytechnologyretail industry

Source: https://www.cnbc.com/2023/02/01/cathie-wood-amazon-may-have-more-robots-than-humans-by-2030.html


Developed by Leo Phan