Hoskinson: crypto will 'eat' AI amid data center bubble
- —Hoskinson: data center spending growing 10x a year cannot withstand electricity shortages
- —Blockchains will solve payment, alignment and data provenance problems for AI
- —Forecast: the CLARITY Act will not pass before 2029 due to mistakes by the Trump administration
- —The U.S. Senate did not advance the CLARITY Act on September 15, falling short of 60 votes
Why it matters: A signal of a possible AI boom downturn and rising demand for decentralized computing; the CLARITY Act delay prolongs regulatory uncertainty in the U.S.
Source: CryptoPotato