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Strive Asset Management CEO Declares Bitcoin a Hedge Against AI Risks

Published by news.bitcoin.com on yesterday

Strive Asset Management CEO Declares Bitcoin a Hedge Against AI Risks

At the end of May, the company successfully secured $750 million through a private investment in public equity (PIPE) deal, which will be utilized for the acquisition of Bitcoin.

Dario Amodei, the CEO of AI company Anthropic, has warned that artificial intelligence (AI) could potentially eliminate 50% of all entry-level white-collar positions within the next five years. This raises significant concerns about the future of the workforce as AI technology continues to advance.

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