Billionaire Mark Cuban Says AI Gives Workers ‘Superpowers,’ but Crypto Is ‘Not Even Close’ to Its iPhone Moment

Mark Cuba was always a technical and obvious billionaire technology. Like the Early Internet entrepreneur of shark tank and Dallas Mavericks, many hype periods are coming and went. He was an early lawyer of cryptistial potential, but remained excessively acute critic.

Now the twin forces of artificial intelligence and cryptocutrence are superior to the weight of Cuba.

This conversation was slightly mowed for clarity. All the quotes seem to be Kuban.

Large picture: AI vs crypto

Foalmodo: You have invested both AI and Kriptoval. Do you think you will have a deeper impact on society and which one would you think it will value regular people?

Kuban: Ai. Not even close.

In AI: a true revolution

Foalmodo: In AI, how do you see how to change the traditional office in the next five years, will you now be able to manage planning, admin, copyirayter, even management tasks?

Kuban: More than we have seen in technology so far. I think that AI is not just companies, but any employee who wants to learn how to use it. Performs as long-term employees who can use your newest employee and a number of interests and efforts, not use AI.

Foalmodo

Kuban: If you have dual tasks in your work, you will no longer have these tasks. It will be AI. But if you do not find new ways to use AI to be creative and increase your work and company productivity and profitability, you will always be employed.

[Editor’s note: Binary tasks include things like filling out forms, processing documents, basic customer service, or data entry jobs that follow clear if-then logic.]

In Crypto: I still look forward to using the use of

Foalmodo: Do you think Crypto, especially Bitcoin and Stablecoins, are there “Ani iPhone”? If not, what’s not yet?

Kuban: No, not even close. The iPhone App Store Everyone drove everyone to use applications for everything and something they can. Your grandparents asked how to download Facebook and Instagram to share the pictures. Have you ever asked for help to download your grandparents wallet?

[Ed. note: A crypto “wallet” is a software program or physical device that allows users to store and manage their cryptocurrencies. Unlike mainstream apps, they have not yet been widely adopted by the general public.]

Foalmodo: You spoke in the past with the assistant who is more important than hype in cryptist. What is the most promising use of what you see now?

Kuban: I honestly say that the smart contracts on Ethereum, landfill and other platforms have hoped to cause the main applications so far. Not even close. [Ed. note: Smart contracts are bits of code that automatically execute transactions. They power decentralized finance, NFTs, and more.]

There are books for books and classes for books and textbooks, climate information and other applications I still have. AI can have applications that keep a chain in a chain for deep fake and other frauds. I think it can be effective.

However, in general, Crypto’s instagram moment was not yet.

Foalmodo: Does the US government move forward or behind crypto?

Kuban: I think we are behind. It is more about the digital financial infrastructure, but also more about the types of cryptoist users who cause cryptoic users to question the stability and legality of Crypto.

Meme coins are an example. There is no help program. Each transaction is a game where a game is presented as the fees and gambling game or no rules.

The other, Crypto is bent. Unlike the completion of the shares, I do not have a law that I know that he demands pledged. That’s why FTX did not break up in Japan. They have the laws of their collateral and cold storage. If this country was the same, Crypto would be more reliable. Both can lead to observers that can cause the miyrewers.

[Ed. note: Following the collapse of the crypto exchange FTX in 2022, its Japanese subsidiary was able to make customers whole because Japanese law required customer assets to be held in separate, fully collateralized accounts.]

In Crypto: Current reality

Foalmodo: Do we have a cryptist now or does it just look like a widespread adoption?

Kuban: I think BTC bought all the lightning. This is a value store and we do not expect to make the benefit of it. Each other chain mainly does the same in a form or in one form or other, in other features, in functions and in speed. They just beat him to use as much as possible. But the reality has many chains.

Foalmodo: How do you see Bitcoin raises treasurer companies as micostratics? Early visioners or excessive exposure?

Kuban: It’s okay as long as it is on a long-term horizon. Most companies do not allow to allocate fluid assets for a long time. They need money. But if you can look for a long time, it is certainly a strategy worth taking into account.

[Ed. note: MicroStrategy is a software company turned bitcoin holding vehicle that now owns several billions of dollars worth of bitcoin.]

Foalmodo: Stablecoins are used for real world operations on the scale. Do you think there will be the main financial rails of the internet economy or have limitations?

Kuban: Düşünürəm ki, böyüməyə davam etmək üçün yerləşmişlər. If you transfer a global scale to dollars, of course, it is a cheaper and faster option.

[Ed. note: Stablecoins like USDC or USDT are cryptocurrencies pegged to the U.S. dollar. They are used for fast global payments without banks or currency conversions.]

Foalmodo: Are you regularly focused on a future in the corporate treasury, Bitcoin or Stablecoins, where foreign currencies or bonds today?

Kuban: Yes. Absolutely. You even see JPMorgan using stablecoins. I think it will be a way to move the money more effectively. We should just make sure that we adjust enough because the effect of fraud and deficiencies is not easy.