How AI is Revolutionizing Hiring with a Crypto Focused Approach
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- Опубликовано: 11 сен 2024
- In this dynamic episode of the Crypto 101 podcast, hosts Brendan Viehman and Bryce Paul discuss the intersecting worlds of cryptocurrency, artificial intelligence, and the labor market with Adam Jackson, co-founder of Braintrust. Jackson explores the transformative impact of blockchain and AI on traditional employment paradigms, especially through Braintrust’s decentralized talent network which matches top tech talent with global enterprise needs. He shares insights into the challenges and opportunities of automating talent acquisition, the role of Braintrust’s native token in incentivizing network growth, and how AI innovations are streamlining hiring processes. The conversation also delves into broader economic impacts, including AI’s potential to disrupt job markets and the strategic approaches companies are adopting in response to technological advancements.
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Pop Quiz: There was a disruptive new technology invented around 1890. By the time 1930 rolled around there were over 400 companies vying for position in this revolutionary space. Here's a hint: Maxwell, Peerless, Premier, Rickenbacker, Chandler, Marmon. These are names that you have probably never heard of and for good reason, they, and over 96% of companies in this space never gained much traction and subsequently failed.
Another hint: Ford, GM, Chrysler. Yep that's right, the automotive industry. History can be a good educator to those who listen to its lessons. Fast forward to present day; more than 13,000 crypto currencies in circulation. How many of those do you think will be relevant and/or survive the next five, ten, twenty years?
Great talk dudes. There is an old wall street adage that goes like this: "when your cab driver is advising you to buy stock it's probably time to sell". Have you guys noticed that all of your guests are always bullish on crypto "long-term"? Let me be the first to tell you guys that we are in the nascent stages of a global secular market shift. The conventional "set and forget", long-only strategies that have proven so successful over the past 90 years are becoming increasingly less and less reliable. Nimble, tactical approaches have swung into favor. The $ETH move from 3000 down to 2000 was the move of the year. If you weren't involved then you'll have a difficult time achieving alpha or even net positive returns this year. Heed my advise boys, amend the by-laws of your hedge fund(s) to incorporate short strategies then go find someone who knows how to trade that side of the market.
thanks for tuning in and the thoughts!