Crypto's future is bright in the context of AI's assault on software firms, says Kraken-backed investment firm

Crypto's future is bright in the context of AI's assault on software firms, says Kraken-backed investment firm

Crypto’s latest bear cycle is a mere blip when compared with the existential threat AI now poses to traditional software services, says Ravi Tanuku, CEO of KRAKacquisition Corp.

Don't be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, accordin… [+2427 chars]