Billionaire Marc Andreessen Says AI Will Be So Powerful 'Everything That Costs $100 Will Sell For A Penny' In A Hyper-Deflation Era

Billionaire Marc Andreessen Says AI Will Be So Powerful ‘Everything That Costs $100 Will Sell For A Penny’ In A Hyper-Deflation Era

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A surge in AI-driven productivity could trigger hyper-deflation, making items once priced at $100 drop to a penny, billionaire investor Marc Andreessen said recently. The Andreessen Horowitz co-founder described a future in which “the price of business services…

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What Investors Need to Know

What Investors Need to Know

Cipher Mining Inc. (CIFR) closed the most recent trading day at $7.72, moving +2.66% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.21%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 0.45%. Prior to today’s trading, shares of the company had gained 58.32% outpaced…

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