The AI Race Will Make Bitcoin EXPLODE | Jordi Visser
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What is the main topic discussed in this episode?
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
What is the Citrini AI Paper and why is it controversial?
What's going on, guys? In today's conversation with Jordy Visser, we get into the depths of all of the debates going on this week. First, we talk about the Citrini paper and why exactly this viral paper is wrong and we disagree with it. We also talk about what's going on with Block, what's going on with Nvidia earnings.
How are software stocks being repriced in the current market?
We talk about what's going on with Bitcoin and how Bitcoin, blockchain, crypto is going to have a massive resurgence once we get out of this little sideways action that's going on in the market. Jordy's got some very unique thoughts that even I hadn't heard before. And so in this week's episode, he's going to unpack what he thinks is happening, why he thinks it's happening, and what you can do in your portfolio to prepare for it. Here's my conversation with Jordy Visser. All right, Jordy, let's start with the Citrini piece.
Can AI truly replace traditional SaaS companies?
I've seen this described as science fiction. I've seen this described as the scariest thing somebody's read. They basically went to 2028 and they wrote backwards saying, look, this is what happened over the last couple of years. And it described a pretty morbid situation where AI has created all this destruction. People have lost all their jobs and software stocks sold off significantly.
What impact did NVIDIA's earnings have on market perceptions?
Do you agree with the piece or do you think that it's somewhat flawed analysis?
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
Why could Bitcoin and crypto benefit in the next economic cycle?
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.
How is AI influencing government and military applications?
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.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–0:21
2
What is the Citrini AI Paper and why is it controversial?
0:21–0:36
3
How are software stocks being repriced in the current market?
0:36–1:01
4
Can AI truly replace traditional SaaS companies?
1:01–1:19
5
What impact did NVIDIA's earnings have on market perceptions?
1:19–1:47
6
Why could Bitcoin and crypto benefit in the next economic cycle?
1:47–2:10
7
How is AI influencing government and military applications?
2:10–3:47
8
What are the implications of deepfakes and spam in the digital age?
3:47–48:40
Speakers
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