Cathie Wood, CEO of ARK Invest, stated on November 20, 2025, that AI is still in its early stages, with a significant productivity surge on the horizon. Speaking at ARK's monthly market update, Wood noted that while consumer AI adoption is accelerating, enterprise-level productivity gains are lagging due to the longer time required for business restructuring. She dismissed concerns of an AI bubble, highlighting that companies are increasing investments to maintain competitiveness. Wood cited Palantir's 123% growth in U.S. commercial business last quarter as evidence of rising commercial demand for AI solutions.