2min chapter

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#209 Charlie Morris of Bytetree - BOLD - Gold and Bitcoin Strategy

State of the Markets

CHAPTER

Emerging Technologies and the Next Economic Boom

This chapter delves into the transformative impact of emerging technologies like CRISPR and biotechnology on the economy. It draws parallels between the evolution of AI and Bitcoin, suggesting that future breakthroughs may shape new technological landscapes.

00:00
Speaker 2
And eventually, I guess there will be some new tech that we hadn't thought of that will then drive the next boom. And I was thinking about this the other day, you know, what could be the next big tech thing that people aren't talking about? the CRISPR technology, the biotechnology that could effectively, you know, genetically engineer people, that might be the next big thing. In many ways, it's bigger than anything that has existed, AI included. So the interesting thing about AI was it's not a new thing. Like, people think this is a new thing. People have been looking at AI since the 60s. It's only that the technology has allowed us to bring it into the mainstream with the power of the computers that we've got now. But the theories behind it have been around for a very long time. And then you had this sort of introduction to chat GPT, and then it just went as this massive change in people's understanding of what it could do. And in many ways, that's it's mirroring what's happening with Bitcoin, people just ignored it for a very long time. And then we're slowly seeing, or quickly, depending on how you're viewing it with the price action people move towards understand suddenly getting this aha moment oh this is actually a really big thing we should be on board so you know i that that's discounting the fact that there may be some other massive technical breakthrough that they haven't thought of that that could drive the next tech boom so yeah 10 years i think there will be something else that will come along that will drive the next boom and and so i i wouldn't i wouldn't say that that's i wouldn't go with that i'd i'd say yes this one will peter out but something else will come along right
Speaker 1
so let's say i i i thought this podcast was a big fan of the sort of kp ratios and those sorts of things but cape schiller no it
Speaker 3
has

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