Pal: AI, crypto reshape global economy exponentially

Raoul Pal, founder of Real Vision, asserts that artificial intelligence and cryptocurrency are rapidly transforming the global economy, ushering in an "exponential age." He believes AI systems are approaching "apex intelligence," which will fundamentally alter labor, finance, and culture. Pal views crypto as the crucial ownership layer for this future economy, enabling individuals to gain early access to blockchain infrastructure before institutional adoption. He highlights the accelerated pace of technological change, comparing AI adoption to Metcalfe's law squared and noting AI's increasing output of written content.