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Silicon Valley investor Balaji Srinivasan predicted a convergence in prestige between artificial intelligence and cryptocurrencies on Monday, arguing that while one’s reputation has suffered, that of the other has increased.
What Happened: In an X post, Srinivasan expressed his views on the contrasting origins of AI and cryptocurrency, like Bitcoin BTC/USD, Ethereum ETH/USD and Dogecoin DOGE/USD.
“AI came out of academic research and big tech, so it started with high prestige. Crypto came from anonymous message boards and internet degens, so it started with low prestige,” the former technology head of Coinbase said.
AI came out of academic research and big tech, so…
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