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News 2026-08-21 08:25 UTC

Cathie Wood Calls Disappearance of Entry-Level Corporate Jobs a ‘Blessing in Disguise,’ Backs Elon Musk’s AI-Powered One-Person Company Visi

ARK Invest CEO Cathie Wood said artificial intelligence could turn the loss of entry-level corporate jobs into an entrepreneurial boom, backing Elon Musk’s proposal to use Grok to create an "instant one-person company." Wood Sees AI Fueling Startup Boom "As Elon suggests, AI is likely to create an entrepreneurial explo