Bitcoin & AI Will DOMINATE The Next Rotation
TL;DR
Investor Jordi Visser argues that AI-driven compute scarcity and persistent inflation will drive capital rotation into Bitcoin and semiconductor hardware, while software stocks face continued disruption from agentic AI.
đź“Š Macro & Bitcoin Rotation 3 insights
Bitcoin breakout levels identified
Sustainable bullish momentum likely if Bitcoin trades above $76,000 and Ethereum breaches $2,400, signaling institutional rotation away from stagnant equities.
Elevated inflation ahead
Expect headline inflation potentially reaching 6%—the highest since 2022—driven by energy costs and diesel prices, with no rate cuts priced in for the year.
No recession forecasted
Massive AI infrastructure demand will prevent economic contraction despite sticky inflation, creating an environment where traditional portfolios underperform.
⚡ AI Disruption: Hardware vs Software 3 insights
Software stocks face existential repricing
Traditional SaaS companies including Salesforce, Adobe, and Palantir are being shorted as AI agents make coding ubiquitous and destroy software moats.
Restricted access to superhuman AI
Anthropic's Mythos model is being withheld from public release and restricted to cybersecurity firms and major banks like JPMorgan due to unprecedented hacking risks.
The usage gap widens
Most users treat AI as a search chatbot, while a small group leverages agentic systems for autonomous coding, creating a productivity chasm between adopters and laggards.
🔌 The Infrastructure Bottleneck 3 insights
Compute demand explodes beyond supply
Anthropic added $11 billion in annualized revenue in March alone, reaching $30 billion run-rate, yet faces critical shortages forcing deals with Google's inferior TPUs despite Nvidia's GPU superiority.
Optical fiber and memory shortages emerging
East-west data center traffic demands are driving violent rallies in optical names like Corning and Coherent, while underinvestment in memory creates new supply constraints.
Inference costs threaten democratization
AI agents consume massive compute resources, forcing providers to restrict usage limits and raise prices significantly, making advanced AI accessible only to enterprises with deep capital.
Bottom Line
Position long for scarcity assets—Bitcoin, semiconductor hardware, and commodities—while avoiding or shorting software stocks vulnerable to AI agent disruption.
More from The Pomp Podcast
View all
How To Invest In OpenAI and Anthropic Before They Go Public
Venture capitalist Ankur Nagpal argues that while individual private market investing carries high adverse selection risk for outsiders, a diversified index-style approach offers essential asymmetric exposure. The discussion covers why AI companies like OpenAI and Anthropic delay IPOs (concentrating wealth among insiders), the mathematics of venture returns versus public markets, and how USVC's tender offer fund structure provides retail investors quarterly liquidity at NAV rather than indefinite lockups.
Everyone Gave Up On Bitcoin At Exactly The Wrong Time
Jordy Visser argues that extreme pessimism in Bitcoin—where 60-70% of holders are questioning their positions—coincides with a midcycle slowdown in AI infrastructure and peaking Fed hawkishness, creating a contrarian setup for capital rotation into crypto as tech trades become more difficult.
Dave Portnoy GOES OFF On Bitcoin, AI, Socialism & Being Fired From Barstool
Dave Portnoy reveals how ESPN forced Penn Entertainment to fire him from Barstool Sports as part of a $2 billion deal, how he rejected $30-40 million to buy the company back for $1, and why the subsequent collapse of the ESPN-Penn partnership allowed him to finally break his NDA and reclaim full ownership.
OG Crypto Investor SOLD HIS BITCOIN For AI
Former hedge fund manager Avi Felman explains why he divested his 80% crypto allocation after nearly a decade, arguing that Bitcoin's 'escape hatch' narrative has weakened as secular growth in AI, biotech, and defense shifts investor attention toward real-world innovation and revenue-generating fintech infrastructure.