Alpha Exchange Jordi Visser, CEO of Visser Labs and Head of AI Macro Research at 22V
38 snips
Nov 18, 2025 Jordi Visser, CEO of Visser Labs and Head of AI Macro Research at 22V, dives into the transformative power of AI, likening it to electricity. He argues against the 'bubble' label, emphasizing AI's role in shaping various industries and its insatiable demand for compute resources. Jordi discusses the volatility surrounding AI investments, the effects on the labor market, and why Fed policies are lagging behind technological advancements. He also touches on the potential of tokenization in increasing market liquidity and the geopolitical implications of emerging technologies.
AI Snips
Chapters
Transcript
Episode notes
Compute Demand Is Effectively Infinite
- Visser asserts demand for GPUs and compute is effectively infinite today and supply is the binding constraint.
- He warns efficiency gains won't eliminate the need for massive additional compute during the build-out phase.
Prepare For Big Volatility In AI Names
- Hedge AI build-out exposure and be ready to buy into 20–30% drawdowns in headline names.
- Use call replacement and roll positions rather than outright buying puts when RSI gets parabolic.
Favor Semiconductors Over U.S. Big Tech
- Visser prefers semiconductors (not software MAG-7) as the primary beneficiaries of AI's hardware-centric build-out.
- He suggests non-US markets and semis may outperform US software heavyweights as AI decentralizes code talent globally.