Pal Dubs Machine Economy Future 'Everything Will Be a Token'

Raoul Pal, CEO of Real Vision, has expressed support for BlackRock's whitepaper on tokenizing AI compute. However, he believes that this perspective falls short in its scope and potential impact.

According to Pal, the machine economy requires a broader scale of tokenization, extending beyond just money and compute to include identity, contracts, attention, energy, and information itself.

'The machine economy needs far more than that,' said Pal. 'All of it gets tokenised, and most of those asset classes don't exist yet.'

This idea is not new for Pal, as he first proposed it in 2014 when he described blockchain as a global ownership ledger.