On Crypto, AI & Cynicism | Michael Breitenbach | Episod 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 - https://www.linkedin.com/in/breitenbach/
- Michael’s (personal) Twitter - https://twitter.com/mikebreitenbach

Books Mentioned:

- The Power Law: Venture Capital and the Art of Disruption; by Sebastian Mallaby
- Time-Binding: The General Theory; by  Alfred Korzybski

Show Notes:

00:00 Intro
01:07 Main Podcast
03:16 FTX: grift or systemic failure?
08:52 The decline of old media
12:13 AI compliance & regulation
19:05 Crypto: use cases, privacy & regulation
25:57 The end of privacy
30:55 Dealing with new and better problems
37:59 Scale vs anti scale
40:41 Cynicism can be a comparative advance
44:33 Against binary thinking
50:31 Time binding & cultural evolution
57:39 Consider taxation