Ark's Wood on DeepSeek, AI, Crypto, Trump

The transcript discusses the declining costs of AI training and inference, highlighting the shift towards inference chips and the competitive landscape. It explores shifts in the tech stack, with platform and infrastructure services gaining traction. The conversation touches on US tech competition, the role of China, and historical parallels. Market dynamics, regulation, and the impact of deregulation on crypto are examined. The discussion also covers Bitcoin's role as a risk asset and its market correlations.

What historical parallels does the speaker draw regarding market concentration and the Great Depression?

What changes in regulation does the speaker anticipate under the current administration?

What is the significance of Bitcoin in the context of the new asset class?

How does the speaker differentiate between Bitcoin and other cryptocurrencies?