137 AI Pilot Performance Seems Superior To That Of Human Pilots AI pilots have immense data advantages over humans. Zipline drones have logged more commercial flight miles than would have been possible by humans. In head-to-head simulated F-16 dogfights with a human expert fighter pilot, Shield AI won 5-0.* In drone races, AI trained by deep reinforcement learning outperformed professional human pilots 15 out of 25 times, with lap times ~10% faster. S C I Competitive Wins Flight Hours T S I G AI Pilot Human O 769,000 L S 15 U O M O 10 N 65,800 O 1,500 T AU 5 FAA Airline Pilot Commercial Human Zipline Commercial 0 Training Requirement Pilot Flight Hours Hours (Fleet (Career Maximum Per Cumulative) F-16 Dogfight Drone Racing Federal Age and Flight Simulated Competition Hour Restrictions) (US Defense Advanced Research (University of Zurich Researchers vs. Projects Agency (DARPA) Challenge, International Drone Racing Shield AI vs. Expert F-16 Pilot, 2020)* Champions, 2023) *Note: Heron Systems, now part of Shield AI, won the dogfight. ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources as of December 7, 2023, which may be provided upon request. Numbers are rounded. 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.