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Haseeb Qureshi

👤 Speaker
1759 total appearances

Appearances Over Time

Podcast Appearances

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

It's what is your life with an AI agent going to look like in 10 years?

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

Who knows?

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

Probably it will happen over the next five to 10 years that a lot of altcoins will, you'll see this sort of, this larger and larger divide between the really successful scale projects and the ones that never got to scale.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

Now, this is normal, right?

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

I mean, think of social media platforms.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

Social media, again, was the biggest, most important trend of the last 20 years.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

If you look at some of the biggest companies in the world, almost all of them are some kind of social media companies.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

But again, there were almost no new social media companies after 2010.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

So early on, there were a bunch of them, right?

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

There was, you know, Foursquare and there was, you know, Yelp and MySpace and this and that and blah, blah, blah.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

And over time, there was consolidation.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

I think you should expect to see the same thing within crypto, is that there probably is not going to be 400 Layer 1s.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

There's also not going to be just one Layer 1.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

There's going to be some number of them, the same way that there's Facebook, there's LinkedIn, there's WeChat, there's Instagram.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

So there are genuinely different modalities.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

They serve genuinely different types of use cases, but there's not room for infinite of them.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

And that is going to change over time as the market matures.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

But I would say in 10 years, to answer your question, is crypto going to be used for AIs or is it going to be primarily used by humans?

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

I think one of the things that's obvious the more time you spend on it is that humans don't naturally click with crypto.

Bonnie Blockchain
AI vs Crypto Where the Real Opportunity Is Now|EP66|Haseeb Qureshi |Bonnie Blockchain

Crypto is really weird for humans.