Michael Breitenbach — On Crypto, AI & Cynicism (EP.150)

Michael Breitenbach is Senior Vice President within the Chief Investment Office at Bank of America Global Wealth and Investment Management, where he is responsible for leading development of quantitative infrastructure and machine learning models for evaluating both internally and externally covered investment offerings. He is also the man behind an extremely popular anonymous Twitter account that many of you will be familiar with (see if you can guess which one…) Michael joins the show to discuss the FTX fallout, the current state of the crypto industry, the rise of AI compliance, and MUCH more! Important Links: Michael’s LinkedIn Michael’s (personal) Twitter Show Notes: FTX: grift or systemic failure? The decline of old media AI compliance & regulation Crypto: use cases, privacy & regulation The end of privacy Dealing with new and better problems Scale vs anti-scale Cynicism can be a comparative advantage Against binary thinking Time binding & cultural evolution Consider taxation Books Mentioned: The Power Law: Venture Capital and the Art of Disruption; by Sebastian Mallaby Time-Binding: The General Theory; by  Alfred Korzybski