The post AI’s $15.7 Trillion Future: Nvidia, Amazon, and the Rise of AI Tokens appeared first on Coinpedia Fintech News
Artificial intelligence (AI) is poised to transform the global economy, with projections suggesting it could add a staggering $15.7 trillion by 2030. Laced with the latest technology AI products will surely make a bigger impact on the economy as they will drive the market in the future. Experts are predicting the start of a golden era for both AI and Bitcoin.
AI’s Boom: Nvidia and Amazon Leading the Charge
A recent report by accounting giant PwC predicts that AI will significantly boost the global economy to $15.7 trillion by 2030. It is expected that AI products will drive the market, causing an unprecedented rise in the economy. Experts like Michael Saylor and Anthony Pompliano emphasize AI’s role in creating immense wealth, with Pompliano specifically forecasting a notable increase in US GDP due to AI-driven productivity.
Having said that, the live examples are big tech companies like Nvidia are leading the way in AI innovation. Nvidia, famous for making AI chips, has become more important than Microsoft and Apple because of its AI technology. Meanwhile, Amazon is getting ready to launch “Metis,” a new chatbot powered by its own AI model, Olympus. This is Amazon’s attempt to compete with ChatGPT, offering real-time responses that make it unique.
Bitcoin’s Role in Wealth Protection
In the meanwhile, Bitcoin advocate Michael Saylor recently echoed Anthony Pompliano’s views on social media platform X, highlighting AI’s potential to generate massive wealth. Both Saylor and Pompliano promote Bitcoin as a secure way to preserve this new wealth in a digital age.
Raising the AI standards, Pompliano, in a CNBC interview, described AI as a “huge tailwind” for the next decade, predicting a huge turnout with AI advancement. With AI’s integration into various sectors, its impact on productivity and economic growth is expected to be substantial, with Bitcoin seen as a key asset for safeguarding the resulting wealth.
Time to Invest in AI Token?
With the altcoins segment standing at a strong recovery note, the AI tokens are making massive waves. The recovery in AI tokens is undermining the pullback in NVIDIA stock of 13%.
The artificial intelligence crypto tokens are teasing a trend reversal rally to a new peak with the sudden jump. Further, the price reversal comes when Bitcoin and Ethereum are struggling for a comeback and trading at strong support levels.
So, as AI projections are bullish will AI tokens rise against the broader market wave, is it the best time to buy artificial intelligence crypto tokens?