Arthur Hayes Says OpenAI and Anthropic Are Worthless and Bitcoin Wins

Crypto Insight Summary: Bitmex co-founder Arthur Hayes says the artificial intelligence boom is burning cash on a government backstop, and that the bigger it gets, the higher bitcoin goes. The Arguments Put Forth by Hayes Hayes laid out the convictions on the Convergence podcast with Luke Martin, with his four key talking points being: Money is being wasted. […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: AI criticism by prominent figure may drive crypto interest.