Bitcoin could benefit if artificial intelligence disrupts labor markets or creates volatility that prompts central banks to ease monetary policy, according to Greg Cipolaro, research lead at crypto services firm NYDIG.<\/p>\n
Cipolaro said in a research note on Friday that AI may prove to be a \u201cgeneral-purpose technology\u201d such as electricity, and the macroeconomic effects it would have on employment, economic growth and risk appetite will affect Bitcoin (BTC).<\/p>\n
\u201cIf AI-driven growth occurs alongside expanding liquidity and contained real rates, that backdrop can be supportive for Bitcoin,\u201d Cipolaro said. \u201cBut if stronger growth lifts real yields, tightens policy, and reduces the need for monetary accommodation, Bitcoin may face headwinds.\u201d<\/p>\n
\u201cConversely, if AI generates labor disruption or volatility that prompts fiscal expansion and easier monetary policy, the resulting liquidity impulse would likely favor Bitcoin,\u201d he added.<\/p>\n
The economy is already seeing the impact of the technology, as companies have cited AI adoption as part of broader restructuring efforts<\/p>\n
Jack Dorsey said on Friday that his payments company Block would cut roughly 40% of its staff due to AI, and predicted that many more companies would soon follow suit.<\/p>\n
AI transition may be volatile and uneven<\/p>\n
Goldman Sachs\u2019 research arm claimed in a report in August that widespread AI adoption could displace up to 7% of the US workforce, but would also likely create new job opportunities.<\/p>\n
Related: Crypto VC Paradigm expands into AI, robotics with $1.5B fund: WSJ<\/p>\n
Cipolaro acknowledged the transition will \u201cpose challenges,\u201d requiring workflow redesign, new skills, and additional investment. Still, he predicts AI will follow the same \u201chistorical pattern\u201d as previous technological advancements.<\/p>\n
\u201cThe implication is not that disruption will be painless, but that the equilibrium response to new technology has historically been integration, not obsolescence. Society’s response to AI will likely follow the same pattern,\u201d he said.<\/p>\n
\u201cFirms that integrate it effectively will widen margins and productivity gaps. Workers who adapt will enhance their relevance. Those who resist may fall behind,\u201d Cipolaro added.<\/p>\n
AI adoption is also expanding within the crypto industry. In October, crypto exchange Coinbase announced a new tool, Payments MCP, that grants AI agents access to the same on-chain financial tools used by people, with AI and blockchain executives noting that it can be safe but also introduces new risks.<\/p>\n
Magazine: Bitcoin\u2019s \u2018biggest bull catalyst\u2019 would be Saylor\u2019s liquidation \u2014 Santiment founder<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin could benefit if artificial intelligence disrupts labor markets or creates volatility that prompts central banks to ease…\n","protected":false},"author":2,"featured_media":198337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":{"0":"post-309265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/309265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=309265"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/309265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/198337"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=309265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=309265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=309265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}