The IOHK figure argued Apple, Microsoft and Google hold the strongest AI moats because they already control user relationships, warning a broader AI bubble burst would spill into digital assets.
Charles Hoskinson said nearly 10% of the U.S. economy is now tied to AI and warned that a sharp reversal in that sector would likely unsettle crypto as well. He said there is “no path for crypto to stay stable” if the AI bubble bursts, underscoring how closely risk appetite across technology-linked markets can move together. Hoskinson also argued that the strongest AI moats — durable competitive advantages — belong to Apple, Microsoft and Google because they already own the user relationships.