Yuval Noah Harari praises Bitcoin as art form and predicts AI will revolutionize finance.

From Investing.com

August 20, 2024 11:30 AM:

Renowned historian Yuval Noah Harari praised Bitcoin, calling it an art form and predicting AI (Artificial Intelligence) will revolutionize finance. He believes AI is not artificial but rather alien intelligence, capable of creativity surpassing human imagination. Harari previously criticized Bitcoin as a currency of distrust, driven by lack of trust in institutions.

In a recent interview, Harari discussed AI’s potential impact on creativity and finance, highlighting bonds, currency, and Bitcoin as creative financial tools. He expects AI to create new financial devices unimaginable by humans, emphasizing the evolving nature of AI as a game-changer in various fields, including finance.

Harari’s earlier critique of Bitcoin focused on its basis of distrust in institutions, which he deemed alarming since money was invented to establish trust among strangers. Despite praising Bitcoin as an art form, he cautioned against the growing trend of distrust underpinning its value and user support.

Read more at Investing.com: Yuval Noah Harari By U.Today