20 With superhuman performance on a wide range of tests, AI models like GPT-4 should catalyze an unprecedented boom in productivity. Jolted by ChatGPT’s “iPhone” like moment, enterprises are scrambling to harness the potential of artificial intelligence (AI). E C N AI promises more than efficiency gains, thanks to rapidly falling costs and open- E G I L source models. If knowledge worker productivity were to quadruple by 2030, as we L E T N I believe is likely, growth in real GDP could accelerate and break records during the AL I C next five to ten years. I F I T AR Sources: ARK Investment Management LLC, 2024. 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.