Cathie Wood-Led Ark's Prediction: AI Will Turn Digital Wallets Into $9 Trillion E-Commerce Powerhouses - Google, Amazon Dominance Set For Disruption? - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)
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from Benzinga2 months ago
ARK Invest's research reveals that AI-powered digital wallets could drive nearly $9 trillion in online sales by 2030, changing e-commerce fundamentally through AI purchasing agents.
Benzingahttps://www.benzinga.com/markets/equities/24/12/42282266/cathie-wood-led-arks-prediction-ai-will-turn-digital-wallets-into-9-trillion-e-commerce-powerhouses-google-amazon-dominance-set-for-disruption
The incorporation of AI purchasing agents into digital wallets like Shopify's Shop Pay can shift the checkout process from one-click to one-query, simplifying purchases significantly.
Benzingahttps://www.benzinga.com/markets/equities/24/12/42282266/cathie-wood-led-arks-prediction-ai-will-turn-digital-wallets-into-9-trillion-e-commerce-powerhouses-google-amazon-dominance-set-for-disruption
ARK predicts that digital wallets could increase their share of global e-commerce from 50% in 2023 to 72% by 2030, reshaping the digital shopping landscape.
Benzingahttps://www.benzinga.com/markets/equities/24/12/42282266/cathie-wood-led-arks-prediction-ai-will-turn-digital-wallets-into-9-trillion-e-commerce-powerhouses-google-amazon-dominance-set-for-disruption
Evidence of this shift can be seen with Klarna's integration of Microsoft's OpenAI technology, showcasing how early adopters are leveraging AI for enhanced shopping experiences.
Benzingahttps://www.benzinga.com/markets/equities/24/12/42282266/cathie-wood-led-arks-prediction-ai-will-turn-digital-wallets-into-9-trillion-e-commerce-powerhouses-google-amazon-dominance-set-for-disruption
Read at Benzinga
#e-commerce #digital-wallets #market-trends #technology-innovation
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