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Fred Wilson: AI innovation potential is huge, blockchain technology sees explosive growth

Fred Wilson: AI innovation potential is huge, blockchain technology sees explosive growth

2024/01/02 05:15
FET-3.47%AGIX0.00%

Fred Wilson, a partner at USV (Union Square Ventures), a risk investment firm in the United States, released his outlook for 2024: the capital market is steadily rising, the Federal Reserve is maintaining interest rates, inflation is falling, and it is expected to achieve a "soft landing," which is beneficial for the innovation economy.

The field of AI has great potential for innovation, and the era of AI applications is approaching. Open-source AI models are emerging. New technologies bring legal litigation and regulatory scrutiny. AI and Web3 jointly promote a more powerful, resilient, trustworthy, and fair internet.

2024 will be the year when regulatory agencies and legislators reach agreements with Web3. Blockchain technology will experience an explosion. There will be a focus on addressing global warming issues, promoting energy transition, and building decentralized, modularized, and programmable new energy systems. Despite a healthy capital market, the risk investment ecosystem faces challenges as investors become cautious and large companies shrink in size while new companies struggle to raise funds.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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