- Joe Burnett says advances in AI are making intelligence cheap and widely available, shifting economic assumptions about savings and work.
- He argues that lower intelligence-driven costs will pressure traditional stores of value and push capital toward non-dilutable assets.
- Bitcoin is presented as the first example of “perfect digital scarcity,” with its genesis block dated January 3, 2009.
- Burnett credits tools like large language models with cutting costs for writing, coding, research, and analysis roughly in half.
- Bitcoin was trading near $95,110.14 and retail sentiment on Stocktwits remained bullish and normal over the past day.
On Sunday, Joe Burnett, Vice President of Bitcoin Strategy at Strive Asset Management, wrote on X that Artificial Intelligence is changing assumptions about savings, work, and long-term security, and that this shift supports adoption of Bitcoin as a store of value. He framed the change as a move toward abundant intelligence rather than a simple replacement of humans.
Burnett said the real revolution is intelligence becoming cheap and widely available and that tools such as large language models have already cut the cost of writing, coding, research, and analysis by about half. He summarized the moment with the statement “The singularity has begun.”
He warned that as intelligence lowers production costs, traditional stores of value like housing, commodities, and corporate profits may come under pressure. As he put it, “Intelligence started behaving like a commodity. Once intelligence approaches zero marginal cost, everything built on intelligence changes with it.”
In that environment, Burnett said capital will seek assets that cannot be diluted and highlighted Bitcoin as such an asset. He noted that the network began with the genesis block on January 3, 2009, and described Bitcoin as the first instance of “perfect digital scarcity.”
At the time of his comments, Bitcoin (BTC) traded near $95,110.14 and showed little change over 24 hours. On Stocktwits, retail sentiment for Bitcoin remained in bullish territory while chatter levels stayed at what the platform described as normal.
Burnett also pointed to rising unease about savings, careers, and financial security, saying this anxiety helps explain the popularity of speculative assets and high-octane trading. He noted, “When savings melt slowly, people look for meaning in extremes they feel ordinary effort can never achieve.”
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