#999 - How Can You Profit From This Next Cycle? | With Raoul Pal and Jamie Coutts

Summary

Raoul Pal, alongside influential speakers like Edward Snowden and Benedict Devans, will discuss the transformative potential of AI at the Super AI event in Singapore, June 3-9, 2024. With 5,000 attendees and 150 side events, the conference will explore AI's impact on financial markets and the world. Register for a 20% discount with the code 'Real Vision' at realvision.com.

Takeaways

• 📅 Ral will be speaking at the Super AI event in Singapore on June 5th and 6th, 2024, discussing the transformative potential of AI.
• 🤖 The Super AI event will gather over 5,000 attendees and feature more than 150 side events, making Singapore a hub for AI innovation.
• 🌐 Prominent speakers like Edward Snowden and Benedict Devans will also be in attendance, sharing insights on AI's impact on the world.
• 🎉 The event is expected to be a vibrant gathering that explores AI's influence on financial markets and the broader global landscape.
• 💡 Ral emphasizes the importance of understanding the challenges and opportunities presented by AI, particularly in the context of financial markets.
• 🚀 Ral has been a long-time advocate for cryptocurrencies, seeing them as a fast asset in a debt-driven cycle.
• 🔗 The conversation between Ral and Jamie Cotts, Real Vision's chief crypto analyst, highlights the growing interest and investment in the crypto space.
• 🌐 The discussion touches on the role of technology, particularly blockchain, in the ongoing revolution and its accessibility for investment.
• 💭 Ral expresses concerns about the difficulty of generating value in the AI space due to the dominance of entities like Open AI.
• 🔄 The conversation also explores the potential for market cycles and the impact of ETFs on the crypto market, including Bitcoin and Ethereum.
• 📈 Ral and Jamie provide insights into the future of investments, retirement planning, and the importance of adapting to the changing landscape of finance and technology.

Q & A

What is the significance of the AI event 'Super AI' taking place in Singapore in June 2024?

The 'Super AI' event is the largest AI event in Asia, showcasing the extraordinary potential of AI and its profound impact on financial markets and the world. It will gather over 5,000 attendees and feature more than 150 side events, making Singapore a vibrant AI hub for the week.

Who are some of the notable speakers at the 'Super AI' event?

The event will feature brilliant minds such as Edward Snowden, Benedict Devans, and Bellagi Aravind, among others, discussing various aspects of AI's influence and potential.

How can one register for the 'Super AI' event with a discount?

To register for the event with a 20% discount, one can visit the Real Vision website and use the promo code 'Real Vision'.

What is the main topic of discussion in the Real Vision Deli briefing with R pal and Jamie Coots?

The main topic of discussion is the exploration of the retirement crisis, the role of financial markets as problem solvers, and the significant macro opportunity presented by cryptocurrencies.

What is R pal's stance on the correlation between debt cycles and the performance of cryptocurrencies?

R pal believes that if everything is correlated and driven by the same debt cycle, it's beneficial to back the fastest asset, which he identifies as cryptocurrencies, particularly since their introduction in 2014.

How does R pal view the current state of AI investments?

R pal thinks that investing in AI is challenging because there isn't a pure AI company to trade. He suggests that most investable options are tied to other aspects like semiconductors, and he questions the bubble-like nature of the AI sector.

What is the impact of Open AI on the investment returns in AI according to R pal?

R pal believes that Open AI, with its significant resources and use of AGI, disrupts the market so effectively that it's very difficult for new startups and VC investments in AI to generate returns, as they often get outcompeted or destroyed by Open AI.

What is the significance of the Bitcoin ETF launch according to Jamie Coots?

Jamie Coots views the Bitcoin ETF launch as a significant development that has made crypto more accessible and is expected to bring a steady influx of investments into the market over many years.

How does Jamie Coots perceive the role of the SEC in the growth of the cryptocurrency market?

Jamie Coots finds the SEC's stance on Ethereum and other cryptocurrencies confusing and believes it's an institution that is trying to slow down the rapid growth of crypto to protect vested interests, rather than outright stopping it.

What is R pal's outlook on the future of AI applications and businesses?

R pal envisions a complex future where AI's ability to create applications itself challenges the traditional business model. He predicts a world beyond 2030 where many truths we hold to be self-evident will no longer apply, and societies will need to figure out how to operate in this new environment.