Renowned investor Raoul Pal states that artificial intelligence (AI) and blockchain technologies are converging to create an entirely new infrastructure layer for the global economy. He believes the integration of these two technologies is happening much faster than most anticipate. This is reported by Coindesk.com .
Pal calls the current era a historical turning point in technology adoption. According to him, the institutional adoption of Bitcoin and other crypto-assets does not contradict the industry's original mission, but rather ensures the system's stability.
The expert views speculation in the cryptocurrency market not as a flaw, but as an inherent feature of the system. This process accelerates capital flow and provides the liquidity necessary for the development of new technologies.
Touching on AI, Raoul Pal described it both as a factor for increasing labor productivity and a force fundamentally transforming social life. Over the next decade, crypto markets and AI-based systems are expected to converge further, becoming a unified digital ecosystem.
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