Bad ideas

Death by disruption.

  • Physical Bank Branches
  • Brick and Mortar Retail
  • Linear TV
  • Freight Rail
  • Traditional Transportation

“ARK believes the market has not discounted adequately the robotaxi disruption likely to upend the
traditional world order in transportation.

Tallying up the risk to airlines, public transit, ride-hailing,
insurers, automakers, auto dealers, rental companies, and oil, ARK estimates that roughly $8 trillion
of enterprise value in the public markets is at risk, as shown below.

In other words, long before
dealers sell their last gasoline-powered car, we believe robotaxis will disrupt a dozen industries,
destroying a meaningful percentage of portfolios tracking the broad-based benchmarks.”

Read the report here


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