Artificial intelligence (AI) is poised to revolutionise the global economy, with predictions that it could add a staggering $15.7 trillion by 2030.
AI-powered products equipped with cutting-edge technology are expected to dominate future markets, ushering in what many experts are calling a golden age for both AI and Bitcoin.
A recent report by accounting firm PwC predicts that AI will boost the global economy, adding $15.7 trillion by 2030.
Industry representatives such as Michael Saylor and Anthony Pomplano highlight the potential of AI to generate enormous wealth, with Pomplano specifically predicting significant growth in US GDP thanks to AI-enhanced productivity.
In an interview with CNBC, Pompliano described artificial intelligence as a “strong tailwind” for the next decade, predicting incredible progress with its help. As AI integrates into various sectors, its impact on productivity and economic growth is expected to be profound, and Bitcoin is seen as a key asset for preserving the wealth generated.
Major tech companies are leading the way in AI innovation. Nvidia, known for its AI chips, has gained serious popularity, surpassing even Microsoft and Apple thanks to advanced technology. Simultaneously, Amazon is preparing to unveil “Metis“, a new chatbot powered by its own AI model – Olympus. This initiative will allow Amazon to compete with ChatGPT by offering unique answers in real time.
In a bold move to reshape the future of ApeCoin, Yuga Labs has introduced a proposal that would dissolve the existing ApeCoin DAO and replace it with a streamlined management body called ApeCo.
Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.
WazirX’s bid to restructure and compensate victims of a $230 million hack has been rejected by the Singapore High Court, putting the exchange’s recovery roadmap in limbo.
Fundstrat’s Tom Lee believes that lingering caution in the stock market could actually be setting the stage for another bullish breakout.