TECH - Analyst Predicts AI Crypto Could Inject $20 Trillion Into The Global Economy By 2030 | Benzinga
Senior crypto research analyst Juan Leon at Bitwise predicted that artificial intelligence (AI) and cryptocurrency could collectively contribute $20 trillion to the global economy by 2030.
What Happened: Leon, in a memo published on Tuesday, emphasized the significant impact of the AI and crypto intersection, predicting it will be more substantial than anticipated, on Wednesday. He noted that these industries could add a combined $20 trillion to global GDP by 2030.
Leon added that the AI boom has created a shortage of data centers, AI chips, and electricity. Major cloud companies like Amazon, Google, Meta, and Microsoft are expected to spend nearly $200 billion on data centers in 2025 to meet AI demand.
Bitcoin miners, equipped to process and store large amounts of data, are stepping in to fill this gap. AI cloud ...