The AI Shock Is About to Reprice Bitcoin | Jordi Visser - The Pomp Podcast Recap

Podcast: The Pomp Podcast

Published: 2026-01-10

Duration: 1 hr 6 min

Guests: Jordi Visser

Summary

Jordi Visser argues that AI is a deflationary force, reshaping economic growth, geopolitics, and investment strategies. He predicts a shift to high growth and low inflation, with AI impacting productivity and possibly leading to significant GDP growth.

What Happened

Jordi Visser emphasizes AI as a deflationary force, which is transforming productivity and economic growth. The U.S. GDP growth for Q3 was annualized at 8%, despite zero job creation during that period, showcasing AI's impact on efficiency and output. This shift is expected to lead to high growth and low inflation, with potential GDP growth reaching up to 10% as suggested by Elon Musk. Visser highlights that the cost of coding is decreasing, which could improve profit margins and increase accessibility worldwide, particularly benefiting sectors like energy, financials, and pharmaceuticals.

Visser points out that NVIDIA's new Blackwell chips are expected to be significantly more efficient, reducing power usage by 90% compared to current models. This technological advancement is crucial as the U.S. has abundant energy resources but lacks the infrastructure to support data centers. Essential minerals such as copper and silver are seeing increased demand due to their role in electrification, with rising prices anticipated.

The geopolitical landscape is also being reshaped by AI, with countries like Venezuela and Greenland becoming strategically important due to their reserves of rare earth elements. Visser discusses the U.S. administration's focus on strategic locations like Iran, Cuba, Mexico, and Greenland to create a tripolar world and counter the Russia-China alliance. AI is accelerating changes in military strategies, emphasizing technology upgrades and infrastructure development.

Visser discusses housing markets, noting that Trump proposed a plan to ban institutional investors from purchasing single-family homes, aiming to address housing affordability issues. He predicts a permanent decline in house prices, with the integration of humanoid robots potentially reducing construction costs by 2030. Companies like Hyundai are already integrating Boston Dynamics Atlas humanoids into their production facilities, which might lead to social unrest as humans and robots work side by side.

AI's influence on labor markets is profound, with humanoid robots expected to impact job security significantly. Visser stresses the importance of hiring curious individuals who can effectively use AI, as revenue per employee becomes a critical metric. He expresses concern about society's adaptation to AI and the potential end of capitalism due to technological advancements.

Visser suggests considering investments in Bitcoin and gold as fiat assets face challenges. He elaborates on using large language models (LLMs) for research, advocating for creating detailed prompt templates and synthesizing results from multiple LLMs to generate comprehensive reports. Young people are resourcefully using LLMs to gain insights into unfamiliar topics, promoting a polymath approach to learning.

Visser shares his career journey, starting at Morgan Stanley in 1992, attributing his success to a mix of luck and curiosity. He advocates for the daily use of AI tools to foster curiosity and learning, emphasizing curiosity and fearlessness as key traits for success. Visser is actively involved in consulting work for the investment community, utilizing AI for idea generation.

Key Insights