EconomyArthur Hayes warns AI boom could end in massive government bailout

At Korea Blockchain Week, BitMEX co-founder, Maelstrom CIO and Flop Labs CEO Arthur Hayes offered a contrarian view: AI agents will not transact in stablecoins because their value is set by Fed officials, not computing power. He also argued that AI investment involves capital misallocation headed for a government bailout and said Korean retail investors may rotate back into crypto.

People in this report Arthur Hayes