On January 23rd, Binance founder Changpeng Zhao (CZ) posted a widely discussed article on social media, in which he candidly addressed the impact of artificial intelligence (AI) and cryptocurrencies on the future of employment and personal finance. According to CZ, AI is developing at an extremely rapid pace and has the potential to cause many people to lose their jobs in the coming years, especially those in repetitive, administrative, or data-intensive positions. However, conversely, he argues that crypto and blockchain technology could open up a completely different path, where people no longer necessarily need to rely on a traditional job to maintain their income.
In the article, CZ further stated: "Buy now and hold, retire in a few years," while clearly emphasizing that this "is not financial advice." This statement quickly spread throughout the global cryptocurrency community, as it accurately reflected the mindset of many investors who believe that digital assets, if held long-term, can become a tool to help them escape the pressures of making ends meet and the dependence on 9-5 jobs.
The context of this statement is also noteworthy. Recently, the wave of AI has been booming worldwide, from large-scale language modeling to automated robots in manufacturing, making job losses increasingly real. Many large technology corporations have cut staff or replaced humans with AI systems to optimize costs. Simultaneously, the crypto market, after a difficult period, is gradually recovering, with renewed interest from both individual and institutional investors.
