Paradigm Co-founder Matt Huang Deems AI 'Too Interesting to Ignore' but Remains Devoted to Crypto
Matt Huang, co-founder of crypto-focused investment firm Paradigm, says he is still devoted to crypto even though AI is “too interesting to ignore.”...
- Matt Huang, co-founder of Paradigm, remains devoted to crypto despite his interest in artificial intelligence (AI).
- Huang believes that both crypto and AI are interesting and will have plenty of overlap, rejecting the idea of a zero-sum competition between the two.
- Paradigm recently shifted its focus to a broader "frontier tech" strategy that includes AI, leading to the removal of mentions of crypto from its website.
- Some in the crypto community view this move as an attempt to distance the firm from its origins as a pure crypto investment fund.
The overall sentiment of the article is neutral. While Matt Huang expresses excitement about both crypto and AI, there are mixed reactions from the crypto community regarding Paradigm's shift in focus.