AI and Crypto: $20 trillion at stake by 2030

The convergence between artificial intelligence (AI) and cryptocurrencies is about to disrupt the global economy. According to the latest analyses by Bitwise, this synergy promises to generate a $20 trillion increase in global gross domestic product (GDP) by 2030. This prospect, presented by Juan Leon, principal crypto research analyst, at the Consensus conference in Austin, underscores the growing importance of this technological alliance. As the world continues to adapt to these innovations, their transformative potential is drawing increasing attention from experts and investors.

A Revolutionary Collaboration Between AI and Crypto

Juan Leon’s prediction, principal analyst at Bitwise, on the economic impact of the merger between artificial intelligence (AI) and cryptocurrencies was one of the highlights of the recent Consensus conference in Austin. According to him, this synergy could add $20 trillion to the global gross domestic product (GDP) by 2030. “Collaborations between bitcoin miners and AI companies are becoming increasingly important” he stated at the event.

A notable example of this trend is the proposed strategic acquisition by Coreweave, a cloud AI provider, of Core Scientific, a bitcoin miner, for an amount of $1.6 billion. This operation perfectly illustrates how shared technological resources can lead to mutual growth. Core Scientific has also signed a substantial $3.5 billion agreement to host AI services over a period of 12 years.

Towards a New Era of Trust and Efficiency

The synergy between artificial intelligence (AI) and cryptocurrencies paves the way for innovations that go beyond strategic collaborations. The intrinsic capabilities of blockchain, such as transparency and security, can be leveraged to address modern challenges, including information validation. For instance, startups like Attestiv use these technologies to guarantee the authenticity of digital content, thus contributing to the fight against misinformation generated by AI.

The potential of this integration isn’t limited to improving existing technologies. It also paves the way for new applications in various sectors. Experts believe that the growing adoption of AI and cryptocurrencies could transform traditional industries, such as finance, health, and logistics, by increasing efficiency and reducing costs.

The economic implications are also significant. The projected $20 trillion increase in global GDP by Bitwise is based on the assumption that AI and cryptocurrencies will continue to evolve and complement each other. This growth could stimulate not only developed economies but also offer unprecedented opportunities to emerging markets, facilitating financial inclusion and technological innovation.