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Robots have entered a new phase — and Cathie Wood’s Ark is betting on it

The CEO has staked her faith in Japan’s ability to lead a tech-centric global industrial revolution 

©The Financial Times Limited 2020 Sep 20, 2021 / 11:24 AM IST
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Robots have entered a new phase — and Cathie Wood’s Ark is betting on it

(Representative Image: AFP)

Leo Lewis A hefty bet by Cathie Wood’s Ark Invest Space Exploration fund on a 100-year-old Japanese company; a trade show of enormous, growling mining vehicles in Las Vegas; SoftBank’s Masayoshi Son doing his best to foist the word “Smabo” on planet Earth from the deck of a pretend star cruiser. It is, in some respects, a great time to be a robot. The flashiest of these three signals was always likely to come from Son — a rare Japanese business leader...

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