Prediction evidence

Mark Moss says balancing Bitcoin mining against HPC in one facility is the AI boom turning productive "When you understand the way technological revolutions work, about every 50 years we get one of these. We get this cluster of technology that all of a sudden gives us new building blocks to build this new world that we didn't have before. It's happened 6 times in the last 300 years." "You look at the way that the money gets in to fund these technological revolutions, and it sort of goes from speculative capital into productive capital. And I think we're starting to see signs of that rotation actually happening." "Everyone's like, these large scale LLM models, they're building all this and it's gonna be like the railroads, they're gonna go bankrupt. And there's typically that. We have that speculative capital that a lot of times doesn't have a return, unfortunately for those investors. But then the market moves to more productive investments." "That's what we're starting to see in the AI boom. It's maturing a little bit. The job reports that came in, the GDP numbers that are being forecasted, the durable orders that are coming through in manufacturing." "Not only is it capital that was put into the Bitcoin mining facilities, but now they're also providing the HPC. The way that Bitcoin and HPC work together in one facility is really interesting, because Bitcoin is this highly volatile, high beta asset where HPC is this low volatility but high performing asset. You're able to balance those things out." "Bitcoin and the Bitcoin network are what will power it. It's gonna be the building blocks to build the AI." "We have this agentic commerce that's building right now. McKinsey says it's gonna be 5 trillion dollars by 2030. And that's not only driving the profitability of the AI companies, the tokens are exploding, but then the ability to have Bitcoin and the Bitcoin rails for that to all move on."