Bitcoin
Bitcoin evangelist Saylor makes impressive AI predictions as Amazon enters the fray
In a recent post on social media X, Bitcoin evangelist Michael Saylor stated that artificial intelligence (AI) will create “enormous amounts of wealth,” echoing the prediction made by businessman Anthony Pompliano during a recent interview with CNBC.
According to a recent report by accounting giant PwC, AI could contribute a whopping $15.7 billion to the global economy by 2030. Technology-enhanced products are expected to substantially increase consumer demand.
As reported by U.TodayGPU maker Nvidia, which currently dominates AI chips, recently became the world’s number one company, overtaking tech giants like Microsoft and Apple.
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In other news, Amazon is reportedly preparing to enter the AI fray by launching a “ChatGPT killer” called “Metis” that could compete with ChatGPT. Business Insider has reported that the chatbot will be powered by Amazon’s own AI model, called Olympus.
Amazon’s chatbot is expected to stand out among competing products by offering up-to-date responses, something ChatGPT is unable to do.
Protecting wealth
At the same time, Saylor and Pomplian believe that Bitcoin will protect additional wealth generated by AI.
During the interview, Pompliano predicted that US GDP would increase due to AI productivity.
This will be a “great tailwind” for the next decade, according to the businessman.