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.