7 Public Blockchains Upon large-scale adoption, all money and contracts likely will migrate onto Public Blockchains that enableand verifydigital Multiomic scarcityand proof of ownership. The financial ecosystem is likely to reconfigure to accommodate the rise of Cryptocurrencies and Smart Contracts. These technologies Sequencing increase transparency, reduce the influence of capital and The cost to gather, sequence, and understand regulatory controls, and collapse contract execution costs. In digital biological data is falling precipitously. such a world, Digital Wallets would become increasingly Multiomic Technologies provide research necessary as more assets become money-like, and corporations scientists, therapeutic organizations and health Five Innovation and consumers adapt to the new financial infrastructure. platforms with unprecedented access to DNA, Corporate structures themselves may be called into question. RNA, protein, and digital health data. Cancer care should transform with pan-cancer blood tests. Platforms Are Artificial Intelligence Multiomic data should feed into novel Precision Therapies using emerging gene editing techniques Computational systems and software that evolve with data can that target and cure rare diseases and chronic Converging And solve intractable problems, automate knowledge work, and conditions. Multiomics shouldunlock entirely new accelerate technology’s integration into every economic sector. The Programmable Biology capabilities, including the adoption of Neural Networks should prove more momentous than design and synthesis of novel biological Defining This the introduction of the internet and potentially create 10s of trillion constructs with applications across industries, CE dollars of value. At scale these systems will require unprecedented particularly agriculture and food production. N computational resources, and AI-specific compute hardware should E Technological Era dominate the Next Gen Cloud datacenters that train and operate AI G models. The potential for end-users is clear: a constellation of AI- R driven Intelligent Devices that pervade people's lives, changing the E V way that they spend, work, and play. The adoption of artificial N intelligence should transform every sector, impact every business, CO and catalyze every innovation platform. Energy Storage Robotics Declining costs of Advanced Battery Technology should cause Catalyzed by artificial intelligence, Adaptive Robots can an explosion in form factors, enabling Autonomous Mobility operate alongside humans and navigate legacy systems that collapse the cost of getting people and things from infrastructure, changing the way products are made and place to place. Electric drivetrain cost declines should unlock sold. 3D Printing should contribute to the digitization of micro-mobility and aerial systems, including flying taxis, manufacturing, increasing not only the performance and enabling business models that transform the landscape of cities. precision of end-use parts but also the resilience of Autonomy should reduce the cost of taxi, delivery, and supply chains. Meanwhile, the world’s fastest robots, surveillance by an order of magnitude, enabling frictionless Reusable Rockets, should continue to reduce the cost of transport that could increase the velocity of e-commerce and launching satellite constellations and enable make individual car ownership the exception rather than the uninterruptible connectivity. A nascent innovation rule. These innovations combined with large-scale stationary platform, robotics could collapse the cost of distance batteries should cause a transformation in energy, substituting with hypersonic travel, the cost of manufacturing electricity for liquid fuel and pushing generation infrastructure complexity with 3D printers, and the cost of production towards the edge of the network. with AI-guided robots. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided 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.