A fusion of cryptocurrency and artificial intelligence (AI) technology has the potential to inject a $20 trillion boost into the global economy, as predicted by Bitwise, a leading asset management company. Juan Leon, the firm’s senior analyst specializing in cryptocurrency research, suggests in a recent report that the convergence of crypto and AI will have a more significant impact than most people anticipate.

Leon highlights the current global competition for AI dominance, which has led to an unprecedented demand for data centers. This surge in demand has pushed industry giants to their limits, with new facilities being leased out even before completion. Bitcoin (BTC) miners could benefit from this surge in data demand, as they possess the necessary resources to process and store vast amounts of data.

Moreover, Leon points out another potential intersection of crypto and AI in the realm of virtual assistants. As existing virtual assistants such as Apple’s Siri have limitations in completing complex tasks, integrating AI assistants with blockchains and digital currencies like bitcoin or stablecoins could enhance productivity significantly.

The integration of AI and crypto is expected to revolutionize innovation and interactions with the world, creating new opportunities for both sectors. To delve deeper into Bitwise’s insights, the full report can be accessed here.

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