Jordi Visser, a veteran macro investor with over 30 years of experience, assessed the structural changes in the US economy, the disruptive impact the AI revolution will have on markets, and why Bitcoin is the “most viable trade” in this new world.
VisserLabs writer Visser, who appeared as a guest on prominent investor Anthony Pompliano’s program, said the global economy and financial system are on the brink of an unprecedented period of instability. Visser said the current capital structure was designed for a “slow” world. However, the speed of artificial intelligence and technology is fundamentally disrupting this structure.
Visser said nearly 100% of the profits and stock price levels seen in the market today are driven by artificial intelligence. “Without artificial intelligence, the stock market would not be at the level it is today,” Visser said, adding that the technology is not only a productivity tool, but also a power to transform existing business models and job markets.
Visser analyzed the latest employment statistics and noted that, excluding the health care sector, the U.S. economy has not created any net jobs in about a year. He argued that AI is beginning to replace the workforce, especially in fields such as accounting, law and software, and this is disrupting traditional economic relationships.
One of Visser’s most striking arguments was that Bitcoin is actually the most suitable asset for an economic order created by artificial intelligence. Visser predicts that the U.S. stock market (S&P 500) could stagnate in real terms over the next decade, and that wealth will shift from traditional financial channels to individual entrepreneurs and digital assets. AI is accelerating innovation so much that companies are rapidly losing competitive advantage. In this uncertain environment, Bitcoin stands out as a purely mathematical asset with no specific company or background. He also said that in a world where AI-powered cyber-attacks are on the rise, the immutability and transparency that blockchain technology provides will make Bitcoin the only reliable alternative.
*This is not investment advice.
