33 Accelerating The Growth Of Knowledge Worker Productivity Represents A Potential Multi-Trillion Dollar Opportunity Artificial intelligence has the potential to automate most tasks in knowledge-based professions by 2030, dramatically increasing the average worker's productivity. Software solutions that automate and accelerate knowledge work tasks should be prime beneficiaries. E AI Total Addressable Market (TAM) Forecast In 2030 Impact of AI on Software Growth C N Software Vendor Value Capture % Of Productivity Gain 2.5x Uplift 4.5x Uplift 6.5x Uplift E G I 54% L $20 L CAGR E T 1% 10% 20% $18 N I AL $16 I ) 46% C I e $14 CAGR F l I ip 2.5 $0.7T $7T $14T T t $12 l ns AR u io M l ( $10 il t r 34% if T l $8 CAGR p 4.5 $1.3T $13T $26T $ U $6 y it iv $4 t c 16% Annual Growth Rate u d $2 o 6.5 $1.9T $19T $37T Pr $- 2016 2023 2030 Forecast CAGR = Compound Annual Growth Rate. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of data sources, including McKinsey & Co. 2023, which are available upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.