AI had to take a page out of crypto’s playbook. If you ask the average person on the street, they have a pretty negative view of AI. They’re worried it will take their jobs and disrupt society. At the same time, they own literally zero of the upside. Crypto survived multiple boom-and-bust cycles because millions of people had financial exposure to the technology. There is something uniquely powerful about watching a technology succeed when you own a piece of it. We clearly failed here. These AI labs will eventually go public, but retail has had virtually no opportunity to participate in the value creation. Then we act surprised when people see AI as something happening to them rather than for them. Imagine trying to bootstrap crypto if retail’s first chance to buy Bitcoin was at $100k and Ethereum at 5k.