The Biggest Pivot In AI History Is Happening Right Now | Jordi Visser

Jordi Visser is a veteran macro investor with 30+ years of experience and the author of the VisserLabs Substack. In this conversation, we discuss the AI pivot happening with hyperscalers, the rise of open source models, what the Mythos/Fable 5 situation means for governments and investors, Kevin Warsh's first Fed press conference, where inflation is actually headed, and why bitcoin is still in a bear market and what needs to change. ==================== Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/pomp ==================== Arch Public is an agentic trading platform that automates the buying and selling of your preferred crypto strategies. Sign up today at https://www.archpublic.com and start your automated trading strategy for free. No catch. No hidden fees. Just smarter trading. ==================== Looking for a better place to trade? BloFin gives traders access to deep liquidity, advanced futures products for crypto AND TradFi assets, fast execution, and a clean, intuitive interface—all in one platform. To celebrate their partnership with us, they're giving away $100,000 in Deposit & Trade Rewards. Deposit, trade, and earn rewards based on your activity during the campaign. Check them out at ( https://partner.blofin.com/d/Pomp ). ==================== 0:00 - Intro 0:57 - AI pivot & hyperscaler weakness 5:47 - Open source models & US vs China AI race 7:19 - Token demand, Jevons Paradox & AI adoption trends 14:22 - When does the CapEx spending become a problem? 17:59 - Open source vs closed AI models — who wins long term? 19:25 - Agency & what it means for individuals 24:34 - Is AI & energy the only thing holding the market up? 28:32 - Kevin Warsh's first Fed press conference 31:36 - Inflation outlook & next CPI print 37:44 - Why so many Americans feel trapped & real cost of living 44:51 - Bitcoin bear market & what needs to change