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"Sister Wood": Artificial intelligence has improved labor productivity - CoinFeed
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"Sister Wood": Artificial intelligence has improved labor productivity

March 17, 2026
CoinFeed News

CoinFeed reported on March 17 that Casey Wood, Chief Investment Officer of ARK Investment Management, stated that artificial intelligence has already improved labor productivity and will deliver even more significant revenue gains over the next decade. Productivity in the non-agricultural sector has already increased by 2.8% year-on-year, but the application of new AI tools is expected to boost that growth to around 6% annually. The productivity gains brought about by these large language models are astonishing. She added that even "former skeptics" within her company are "quite amazed" by their performance. Wood pointed out that revenue growth for leading AI model providers has been remarkable, with Antopi's annualized revenue reaching $19 billion and Opni's revenue growing from $20 billion to $25 billion.

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