Tokenomics - the direction of investment travel from Goldman Sachs, JP Morgan Chase, and Morgan Stanley

The banking sector has issued plenty of warnings about the dangers of the AI bubble bursting over the past year or so, but of late, a more pressing topic has emerged in the form of the tokenomics debate. As Goldman Sachs CEO David Solomon puts it:

There's a lot of talk about token spend and the cost of the technology. I think we're early in the cycle to build out, but it won't be without bumps and re-calibrations as people can understand just what the ultimate demand is for this technology in enterprises.

He goes on:

All the indicators we have is that we are in the relative early innings of a very, very significant [thing] when you're talking about the AI build-out cycle. Now we all know, because we've all been around for a long time, that these things don't go in a straight line and they can ebb...

Copyright of this story solely belongs to diginomica.com. To see the full text click HERE