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Chip Futures — Felix Stocker

People used to be excited about crypto. This was great for traders, because there was just so much trading in crypto. Apart from, like, money laundering for North Korea, the main use case for crypto seems to have been creating new things for people to trade.  Now people are excited about AI. This is less great for traders, because there’s much less trading. Sure, AI has driven changes in public equity prices and created lots of startups, but it hasn’t created anything new for traders to trade. B...

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