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Blockchain VS A.I. Debate Summit – Kevin Pellegrini CEO West Pine 43 LLC Shares Key Takeaways

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Blockchain VS A.I. Debate Summit – Kevin Pellegrini CEO West Pine 43 LLC Shares Key Takeaways

November 20
13:36 2023

     

Kevin Pellegrini is CEO West Pine 43 LLC- asset management and financial planning firm.  They are a registered investment firm.  “The way we see it, we are currently in the fourth wave of compute, which will be more distributed.  This is needed for low latency and bandwidth requirements while increasing compute for new applications like Bitcoin, AI, robotics, autonomous vehicles, cloud gaming, and metaverse”.  The three prior era’s include the steam boat era, then electricity and then cloud computing.  “Blockchain and A.I. have a chance to be a once in a century innovation and think eventually they can complement each other as companies use both.  Nvidia is one that’s already powering both”.  Pellegrini adds.

Peter Thiel previously said “crypto is libertarian and AI is communist.”  At Reid Hoffman of Linked in Conference in 2018. That was five years ago and the more time goes by the more these two technologies co-exist in the digital age.  They still will compete on somethings like the metaverse which is built on top of both.  A.I. is a large database with lots of volume that is way ahead right now in the race.  A.I. is blurring the lines between human and computer generated content.  The blockchain is immutable.  Bitcoin automates verification of the origin and authenticity of data and the metaverse lies on top of both.  In time we will see more applications being rebuilt so they have the ability to use both technologies.  Integrations of A.I., blockchain, web 3.0 and open source LLM will drive a new cycle for applications and metaverse that’s being built on top.  Businesses should continue to benefit from this new wave of advancements.  Still there are hurdles and we are still early.  Adoption won’t happen overnight.  There are hurdles that exist.  It will occur over time product by product, asset class by asset class, and market by market.

About West Pine 43 LLC:

West Pine 43 LLC is a Registered Investment Advisor based in New York that offers a full suite of financial planning and asset management services to high net, corporate retirement plans, endowments and charitable foundations. The firm’s core principals are bringing value added- investments and financial planning to help its clients. For more information, please visit wpine43.com Advisory services are only offered to clients or prospective clients where West Pine 43 LLC are properly licensed or exempt from licensure. No advice may be rendered by West Pine 43 LLC unless a client service agreement is in place.

1 The commentary in the aforementioned press reflects the personal opinions, viewpoints and analyses of the West Pine 43 LLC employees providing such comments, and should not be regarded as a description of advisory services provided by West Pine 43 LLC. Nothing on these websites should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product. The views reflected in the commentary are subject to change at any time without notice. West Pine 43 LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. To determine which investments may be appropriate for you, consult your financial advisor prior to investing.

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Company Name: West Pine 43 LLC
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Address:641 Lexington avenue, 14th floor
City: New York
Country: United States
Website: wpine43.com

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