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AI Bubble, Inflation, and the Limits of Monetary Policy | Jason Furman

Is the AI boom a bubble waiting to burst? Dive into the economic forces shaping our future, from inflation to the limits of central banks.

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The King of Chicago Trading Wants to Build a GPU Market Bigger Than Oil

The King of Chicago Trading Wants to Build a GPU Market Bigger Than Oil

Duration: 00:34:25
September 29, 2025
  • Don Wilson predicts that demand for GPUs will continue to rise, potentially exceeding the demand for crude oil within the next ten years, thus indicating that compute could become the world's largest commodity.
  • Wilson's company, Compute Exchange, is working to create liquid markets for compute by creating indices (like the H100 index) to facilitate futures contracts, which would allow "NIO clouds" to hedge their GPU investments and reduce their cost of capital.
  • Wilson believes that tokenization of traditional financial instruments is the future, and he predicts that in the next five years, all financial instruments will be on-chain to facilitate collateral management and 24/7 markets.