Technology Leveling Global Economic Playing Field, Says Coinbase CEO

Coinbase CEO Brian Armstrong says technology is rapidly expanding access to artificial intelligence (AI), information, and financial services, potentially reducing the role of geography and wealth in determining economic opportunity.

Armstrong argues that technological advances are creating a more level playing field for people around the world. He points to the widespread availability of the internet, smartphones, and AI models, saying 'most people now have access to the same internet, the same phones, the same AI models.'

Armstrong also notes that access to financial services is expanding, allowing people to access the same financial tools from anywhere in the world. He believes this should not depend on a person's location or wealth.