Ex-Goldman Sachs Exec Predicts AI Will Use Cryptocurrencies for Transactions
Raoul Pal, a former Goldman Sachs executive and CEO of Real Vision, envisions a future where artificial intelligence (AI) will use cryptocurrencies for transactions.
In a recent video, Pal discussed how AI agents might utilize digital assets to handle payments for services like electricity, bypassing traditional financial systems.
Pal likened AI agents to hiring freelancers for various tasks but predicted that these agents will soon need to make transactions, such as paying for computational resources, with cryptocurrencies.
He highlighted that AI, lacking access to conventional banking services, will rely on digital currencies for these exchanges. This shift is a key reason for his optimistic outlook on crypto.
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Moreover, Pal anticipates that AI will drive rapid innovation in the crypto sector.
He illustrated a scenario where AI could swiftly create and enhance decentralized exchange platforms based on simple prompts, significantly accelerating development compared to traditional methods.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
