RT Compute: Some notes I took on this interview. Highly recommend watching it, @jvisserlabs provided some insights into where he believes AI is headed...
Pompliano shares notes from an interview with @jvisserlabs on AI: the buildout is early innings with energy and chip shortages; Google trails OpenAI and Anthropic; agentic commerce may raise unemployment but boost GDP; Bitcoin could strengthen with stablecoin transactions; HBM/memory demand is a national security issue; CapEx may stagnate short-term before reaccelerating toward AGI.
Background
Anthony Pompliano ("Pomp") is a prominent crypto investor and commentator. J. Visser is a tech analyst who focuses on AI infrastructure and the semiconductor supply chain.
Key background:
- The "AI race" refers to competition among companies building large language models (LLMs). Google's Gemini, OpenAI's ChatGPT, and Anthropic's Claude are the leading proprietary models.
- "HBM" (High Bandwidth Memory) is advanced memory chips crucial for AI training and inference. Micron (MU) is one of three global HBM suppliers, alongside Samsung and SK Hynix.
- "Agentic" AI means AI systems that can autonomously take actions (book meetings, make purchases) rather than just generate text. "AGI" (Artificial General Intelligence) is a hypothetical future AI that matches or exceeds human capability across most tasks.
- "CapEx" = capital expenditure (spending on physical infrastructure like data centers).