Gen Z is changing the founder game, with Dragonfly's Haseeb Qureshi

Endgame explores how AI and crypto together are remaking work, finance, and power—spotlighting security risks, shifting business models, and who stands to capture value.

Key Takeaways

AI dramatically lowers software costs and shifts founder/CTO roles; agent tooling reduces funding needs but increases pressure to build fast, defensible moats and network effects.
AI will displace many middle knowledge workers while top specialists gain; near-term capital capture is limited and labor currently reaps many AI productivity gains.
Overcompetition compresses margins: major AI labs often lose per-token, open development lowers engineer wages, and Chinese scale/subsidies change global dynamics.
Stablecoins and smart contracts enable machine-to-machine payments and deterministic agreements, but banks and legal contracts remain essential for human-centered trust and reversibility.
Security, provenance, and liability lag: risks include hardware backdoors, model data leaks, and unclear chargeback/legal frameworks for autonomous agent spending.
Geopolitical and market shifts: Western and Chinese AI ecosystems may fragment; public markets now supply most capital while venture deployment has dropped sharply.

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