Palantir Co-Founder Joe Lonsdale Says AI Could Be Next Crypto Catalyst

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Joe Lonsdale, founding partner at 8VC and co-founder of Palantir Technologies, Inc. (NYSE:PLTR), appeared on CNBC’s “Squawk Box” Monday to discuss artificial intelligence as a potential catalyst for cryptocurrencies and the value of crypto as a safe asset in an inflationary environment. What Happened: Lonsdale predicted that broad adoption of AI across industries will lead to a significant surge in productivity that will benefit society as a whole. The Palantir co-founder noted that if certain consumer areas can successfully integrate AI applications, AI will become an active participant in th…

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