💥 CZ and BLACKROCK’S similar view on: AI, TOKENIZATION AND FUTURE OF WORK
Industry leaders like Changpeng Zhao (CZ) and BlackRock’s Larry Fink share a strikingly similar vision: we are transitioning from a labor-based economy to an asset-based one. This shift is driven by the "K-shaped" economic reality where AI drastically increases corporate margins and productivity but simultaneously displaces traditional roles, particularly in white-collar sectors like software engineering and middle management. In this landscape, the value of "selling your time" for a salary is expected to diminish as AI systems begin to perform the tasks of junior and senior professionals more efficiently than humans. Both CZ and Fink point to this "labor substitution" as a permanent structural change that could lead to a "jobless" future for those who rely solely on traditional employment.
To counter this disruption, both look toward blockchain and tokenization as the new infrastructure for financial survival and wealth creation. CZ envisions a future where crypto serves as the "native currency" for millions of autonomous AI agents, allowing individuals to earn income through micro-transactions and decentralized protocols rather than a standard 9-to-5 job. Similarly, BlackRock is betting on the tokenization of all assets—from real estate to private equity—to democratize investing. Their argument is that while AI might take your job, a tokenized financial system makes it easier for everyone to become an "owner." By holding digital fragments of global assets that generate yield, individuals can theoretically sustain themselves through investment returns and programmable income, effectively replacing a paycheck with a portfolio.