Shiba Memu outlook as expert dubs not embracing AI a 'threat'

U.S. needs to accelerate its embrace of artificial intelligence and its integration into the many walks of life, says Matt Higgins – the Chief Executive of RSE Ventures.

China is outpacing the U.S. in deploying AI

On CNBC’s “Street Signs Asia”, Higgins quoted a recent survey that suggests only 25% of CEOs in the United States are actively deploying A.I.

Experts see artificial intelligence contributing roughly 14% to the GDP by the end of this decade. In comparison, numbers for China currently stand at 58% and 25%, respectively.

China is way ahead of the U.S. They’ve taken a different attitude towards artificial intelligence. That is the underlying threat; not embracing A.I. It’s a revolution and we can’t let it pass us by.

The fact that the world’s largest economies expect artificial intelligence to contribute materially to growth in the coming years is a vote of confidence that it’s not just a short-term hype.

Such a broad-based focus may also not limit the benefits only to the tech behemoths – newer platforms like Shiba Memu could bathe in the related tailwind as well.

Shiba Memu – where blockchain meets AI

Shiba Memu is an up-and-coming platform that puts together the blockchain technology with artificial intelligence to build a marketing powerhouse.

The crypto network uses AI to write personalised content and then to promote that content on the internet. Talk about self-sufficiency, eh?

According to the White Paper available on the platform’s website, it can handle the “work of 100 marketing agencies”.  

What powers this blockchain-based project is a native meme cryptocurrency that it calls the “SHMU” – the price of which fluctuates based on supply and demand. Considering that the rapid growth in artificial intelligence could help the token, it’s conceivable that the demand side of its equation will likely be very strong.

Shiba Memu is currently in pre-sale. For more information, visit its website here.

Shiba Memu (SHMU) pre-sale suggests solid demand

Note that Shiba Memu has already raised more than $1.0 million during the pre-sale of its native token that launched only earlier this month. That further confirms strong demand.

What’s all the more interesting about the SHMU is that its price appreciates every day. For instance, it’s worth $0.0156 at writing and the next increase in its price is due in about three hours.

Remember that meme coins have grown rapidly over the past few years. In 2020, the said market was worth “nothing” but commanded over $20 billion in valuation in early 2022. Provided that it expands further moving forward, Shiba Memu could be a prominent benefactor. Following the pre-sale, the SHMU token will list on crypto exchanges that typically serves as a positive for the price action.  

Demand for the SHMU will likely take off further next year when Shiba Memu will introduce its AI dashboard that will enable the community to make suggestions on how to improve the blockchain-based platform. If one of your proposals is accepted, you will earn more SHMUs.

Tailwinds that could help the SHMU token

As stated above, Shiba Memu is where the blockchain technology meets artificial intelligence. From an investment perspective, that means its native token could capitalise on continued growth in both of those markets.

At writing, artificial intelligence is estimated to be worth $200 billion but Statista projects this market to approach $2.0 trillion by 2030 – a near ten-fold increase. The cryptocurrency market is also estimated to grow at a compound annual rate of 12.5% through the end of the decade.

In the near-term as well, there are several crypto-related tailwinds that could help the SHMU. Those include the recent victory that Ripple secured against the U.S. Securities & Exchange Commission, the pending approval of a Spot Bitcoin ETF, and the potential pivot to a more lenient monetary policy.

You can visit the Shiba Memu website to know more about ways to invest in the SHMU token.