Why AI Will Reprice The Entire Economy | Jordi Visser

In this episode of Forward Guidance, Jordi Visser, head of AI Macro Nexus Research at 22v Research, argues that the world has entered a transformative 'agentic era' of artificial intelligence, marked by a 1,000x increase in compute demand since the chatbot phase. He contends that AI is no longer just a tool but a foundational force reshaping the global economy, labor markets, and financial systems. Visser emphasizes that traditional valuation models like discounted cash flow are becoming obsolete due to AI's exponential disruption, particularly for software companies whose future growth is now unpredictable. He predicts a shift toward assets like Bitcoin, which thrive in a world where velocity and decentralization matter more than cash flow. Despite fears of mass unemployment, Visser believes the labor market is structurally constrained by demographic and immigration issues, making job losses unlikely—though the psychological toll of a collapsing corporate ladder is profound. He also warns of a sovereign AI arms race, where governments and private firms are locked in a high-stakes competition for control, with humanoids and advanced AI posing existential shifts in human dominance. Visser concludes with practical advice: to master AI, one must commit to daily, verbal interaction and hands-on experimentation, treating it like learning a new skill such as skiing.