Michael Saylor: ChatGPT Helped Strategy Design Financing Plan, Raising $15 Billion

Odaily Odaily News: Michael Saylor, Executive Chairman of bitcoin treasury company Strategy, stated that AI is transforming the way wealth is created, and that both businesses and individuals should not attempt to compete with machines, but rather use AI to amplify their own capabilities. Saylor noted that he used ChatGPT to help Strategy design a bitcoin-based preferred stock financing plan, which ultimately helped the company raise approximately $15 billion through an IPO and related financing. Saylor believes that the core advantage in the AI era is not repeatedly performing tasks that machines can handle, but rather asking better questions and leveraging AI to explore new opportunities that were previously impossible. (Fortune)