Ryan Sean Adams

He's been in cryptocurrency for over a decade.

In fact, about 10 years ago, he wrote a paper called Some Simple Economics of the Blockchain.

So he was all over crypto when it was new, and now he's coming back to AI, talking about economics yet again.

Really important episode.

I think it's on everyone's mind.

The core argument of this paper is that the scarce resource is no longer intelligence, the things between our ears, our brains.

It's verification and the human capacity to check on AI and its output.

There's a lot of implications following from that idea.

So let's get right to the episode.

But before we do, I want to thank the sponsors that made this possible.

Some exciting news.

We are launching a new podcast to help people figure out the crypto cycle, how to navigate it.

The best crypto cycle investor I know, his name is Michael Nadeau.

He runs the DeFi report.

This is the guy that sent me a sell alert before the 1010 price drop happened.

His cycle analysis has been absolutely on point.

I've been following him for years.

And this year we started recording weekly podcast episodes.

Each one, we get into his portfolio, what he's holding, the market structure, entry targets, fair market value of Bitcoin and Ether, and where we are in the cycle.

There's new episodes that are released every Wednesday.