Raoul Pal, the founder of Real Vision, asserts that artificial intelligence will significantly alter how we operate and divide society into two distinct groups. According to Pal, one group will choose to merge with machines, while the other will resist this transition.
How Will AI Affect the Economy?
In the “Diary of a CEO” podcast, Pal described artificial intelligence as the most significant innovation in human history. He believes that AI will make information accessible to everyone, transforming the economy and paving the way for a new world order. However, he also contends that this transformation will split society into two factions: those who embrace technology and those who oppose it.
Pal argues that blockchain technology will be one of the strongest tools for surviving this transformative period. He emphasizes that the importance of blockchain is increasing, suggesting that investing in this technology could provide future advantages. Pal predicts that Bitcoin $98,135 could reach 2.6 million dollars by the early 2030s, highlighting its potential to emerge as a scarce and valuable asset.
Is Blockchain Only for Finance?
Pal clarifies that blockchain is not limited to the financial sector. He states that this technology plays a critical role in ensuring accuracy and trust. Blockchain provides individuals with an infrastructure to create wealth and invest globally.
Pal forecasts that Bitcoin could reach 2.6 million dollars by 2034, while Ethereum $3,486 may hit 125,000 dollars. He anticipates that the total value of the crypto market could rise to 100 trillion dollars, asserting that other investment options may carry higher risks.
Pal’s views on artificial intelligence and blockchain indicate that investing in these fields could yield financial benefits in the future. He emphasizes the necessity for individuals to be prepared for these rapidly advancing technologies.