Bitwise CEO: AI may lead to a surge in niche tokenization companies, forming a new long-tail capital market

Bitwise CEO Hunter Horsley wrote on X: "I think AI could lead to a surge in niche and tokenized companies. Here are the reasons for this speculation: -Individuals can use AI to make more niche versions of software services; -This could better serve the long tail market; -This could lead to a surge in new 'micro'/niche companies that could have annual revenues of $100,000 to $1 million; -Founders can tokenize their companies, which gives them two benefits: (A) early profitability, and (B) making customers shareholders and advocates. AI could significantly increase the number of niche businesses. These businesses may never go public, but they can be tokenized. This could be an important new long tail capital market."