Michael Saylor Shares AI Money Secrets and Bitcoin Warning
MicroStrategy founder Michael Saylor shares big ideas on making money with artificial intelligence and why Bitcoin beats real estate.
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LIVEMicroStrategy founder Michael Saylor recently sat down for an interview to share his views on how young people can make money in an economy driven by artificial intelligence. Instead of learning tasks that artificial intelligence can already handle, Saylor advises learning how to ask artificial intelligence to do things that have never been done before. He calls this finding the new S curve, which means positioning yourself near the start of a rapid growth phase for a new technology.
During the same interview, Saylor also explained why he prefers Bitcoin over buying a house. He pointed out that real estate comes with heavy taxes and maintenance work, whereas Bitcoin offers a simpler asset that has historically appreciated over time. He believes this gives everyday people a much easier path to building wealth without taking on the headaches of managing physical property.
However, Saylor and his own company are currently facing some tough market conditions. Strategy holds a massive amount of Bitcoin, and falling prices recently led to a large second quarter net loss for the firm. Strategy shares have also struggled this year, and Saylor recently warned investors to prepare for difficult years ahead. While his advice on technology and assets remains popular, his company shows that large market bets always carry real risks.
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