Jordi Visser is President and CIO of Weiss. In this episode. We discuss his paper "SVB, ChatGPT and the Future of Trust: The Bitcoin Moment. In this episode, we explore the debt ceiling issue, loss of trust in the US banking system and what that means for crypto and the transformative power of AI and chat GPT in the financial landscape, discussing the potential impact on the economy. Delve into the creative possibilities these technologies offer and their implications in the cryptocurrency market. Join us on this fascinating journey as we navigate the future of finance, trust, and the transformative power of AI.
Check out the Prometheus platform for more expert financial content. Invest in alternatives and become a better fund manager.
(0:00:07) - The Future of Trust
US debt ceiling debate, increasing interest payments, inflation, Biden's strategy, potential implications of default discussed.
(0:07:43) - Fed Tools and Tech's Economic Impact
US debt ceiling, Fed tools, 'printing press', GFC, human trust, and technology's speed are discussed.
(0:13:12) - Chat and AI Transformation Power
Chat GPT is a transformative technology used to facilitate projects, create content, and quickly assemble syllabi.
(0:21:40) - AI's Implications for Productivity and Investment
AI and GPT are transforming markets, accelerating vaccine development, aiding professional investors, and helping retail investors access alternative data.
(0:27:19) - AI and Blockchain Power and Potential
(0:36:00) - Crypto Value and Adoption Future
Crypto assets, fraudulent activity, adoption of crypto as payment, and AI/chat GPT are discussed in relation to the potential of a Ponzi scheme.
(0:41:47) - Crypto Investment Future
(0:48:52) - AI and Trust in Banking
(0:58:33) - Python, Creativity, and Health Hacks
AI, recipes, investing, diet, breathing, mind-gut connection, and virtual reality are discussed to help users become more creative and age gracefully.
(1:16:30) - Household Deposits and the Economy
(1:23:31) - AI and the End of Scarcity