Real Vision’s founder and billionaire, Raoul Pal, claims that we are at the beginning of an “Age of Exponential Growth” that will radically change the world. He states that this era will be a period in which rapid developments in fields such as artificial intelligence (AI), robotics, blockchain, renewable energy and biotechnology will disrupt traditional industries and social norms. According to Pal, this new era will radically reshape not only economic models but also investment strategies, including Bitcoin and altcoin projects.
Raoul Pal pointed to artificial intelligence in Bitcoin and altcoin space
According to Raoul Pal, artificial intelligence is one of the most important developments in the Exponential Age. Pal believes that AI will surpass human expectations, especially in financial markets. He predicts that super-intelligent AI systems trained on large data sets and able to make sense of markets could surpass human traders and reach a new level of wealth and competitive advantage. However, he emphasizes that this change will not only bring benefits, but may also bring with it some unforeseen difficulties. By 2030, Pal argues, AI will have reached such a level that its development may cause traditional economic systems to become obsolete.
In Pal’s analysis, the “Crazy Zone” theory he developed to understand Bitcoin’s cyclical growth model draws attention. Stating that he examined the liquidity-related growth patterns of Bitcoin through the Weekly Global Liquidity Chart prepared by Global Macro Investor (GMI), Pal suggests that a positive environment may arise for Bitcoin in the coming periods. Chief among these positive conditions are the interest rate cuts by central banks such as the Federal Reserve and Bitcoin’s strong seasonality. Looking at past bull cycles, Pal predicts that a rise similar to the bull run experienced in 2017, especially with the increase in liquidity originating from China, may occur again.
However, in the short term, Pal states that some indicators point to the overbought zone, which could create a volatile period for Bitcoin. Still, he emphasizes that he is optimistic for Bitcoin in the long term.
Productivity increase with artificial intelligence
One of Pal’s strongest predictions for the future is that there will be serious productivity increases in many sectors thanks to AI. As AI reaches general intelligence (AGI), a level that matches or even exceeds human intelligence, it is expected to revolutionize the way industries work. Arguing that this development can reduce the dependence on traditional workforce and established business models, Pal thinks that this transformation brought by AI will have serious effects in both the business world and daily life.
Additionally, renewable energy will play a critical role in this transformation. Pal believes that as electricity costs decrease, efficiency increases supported by AI will reach wider audiences. He argues that especially low-cost energy sources will enable everyone to benefit from the advantages of this new age. As we stand on the cusp of these rapid transformations, Pal advises investors to be prepared for the potential economic shifts that AI and automation can create. He points out the importance of creating a buffer against the risks arising from these potential changes by investing in assets that will maintain their long-term value.
Pal predicts that by 2030, global markets will be shaped by AI and a new era will begin with this change. He argues that this era will redefine the concept of wealth, efficiency and economic resilience. He states that those who invest heavily in the field of AI instead of traditional assets will be able to achieve high returns in the coming years. Pal thinks these forward-looking investors will be able to gain much more than traditional investments by taking advantage of the opportunities presented by the Exponential Era.
