Raoul Pal warns AI will trigger monumental deflation
@RaoulGMI: AI to trigger deflation
Raoul Pal, CEO and co-founder of Real Vision Group, predicts that artificial intelligence will induce an unprecedented deflationary event.
The influential financial analyst compares AI's impact to that of China's entry into the WTO, suggesting that as AI becomes more cost-effective, intelligence and experience will no longer be scarce commodities. Pal emphasizes that while AI makes these resources cheaper, true scarce goods may become more expensive, marking a transformative shift in the economic landscape. Pal's comments highlight the potential for AI to disrupt traditional economic structures and reshape market dynamics.
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Pal’s perspective on AI-driven economic transformation aligns with his previous analysis of breakthroughs in financial technology, such as the potential of the Telegram blockchain plan for global banking. His continued emphasis on the evolving nature of financial insight further underscores the importance of understanding how rapidly advancing technologies can reshape market fundamentals.
In the previous news, tweet author Raoul Pal discussed the potential influence of liquidity on Bitcoin's market behavior.
