Jordi Visser

ai cannot survive without crypto it can't survive and the reason it can't survive is because the fiat system financial guardrails cannot handle the speed of ai coming out of a crisis you want to invest in the fastest horse in the race well the fastest horse in the race coming out of this cycle is crypto and this time i don't think it's going to stop because of what ben horowitz talked about and what i said so

Well, when you're talking about anything complicated,

three years out, it's a bet and nobody knows.

Here's my take on it.

First thing is the realities of what I've talked about here and I've written about all year, the physical world is not prepared for what they wrote.

People have to remember to get to that point, there are two forces greater than

Anything that we can deal with.

One is the physical upgrade.

Like we don't have the compute and the power for that to happen.

Is it theoretically possible if we could snap our fingers and have 100 gigawatts in the United States?

Then yeah, we'd have these massively powerful data centers and AGI would be happening faster.

The problem is to get to that point, we just don't have the ability.

We don't have the gas turbines.

I don't need to go through all the things we've talked about.

But this is the reason why I think all companies are in a race to get there.

so when you're at a point where let's combine what xyz did yesterday and say we fired lots of people stocks up 25 when those types of things which are anecdotal start happening where companies are getting valued higher when they can get rid of employees it says that they want to do this meaning let's let's not get into the whether they did it because of ai or they did it for some other reason let's just say

investors are looking for you're an adopter you're going to benefit so that's point one point two which you're going to hear me talk about i did a subscriber webinar this week where i went through this the friction in enterprises and people have to understand this there are so many frictions that adoption is not going to happen as fast as what citrini wrote about so on the one side the compute's not there but i think a bigger issue having worked for morgan stanley

how do they get rid of all the people that fast just because ai has the capability of it doesn't mean that they have the internal ability to do this and i don't just mean from a efficiency base is their data clean enough is their data in a situation where they can do this will the people someone has to be running these to some degree you can throw agents in there but someone has to be doing the orchestration

They have to know the workflows.

There's a process here that I just don't think people fully grasp that the friction in enterprises is the reason why I'm so negative on all technology companies.