MicroStrategy (Nasdaq: MSTR) founder Michael Saylor reveals his experiments with artificial intelligence (AI)

MicroStrategy (Nasdaq: MSTR) founder and executive chairman Michael Saylor revealed his experiments with artificial intelligence (AI) at the firm and discussed future trends

Michael Saylor, the founder and executive chairman of MicroStrategy (Nasdaq: MSTR), discussed his experiments with artificial intelligence (AI) at the firm and future trends in an interview with The Breakfast Crypto on May 6.

As part of the interview, Saylor gave the examples of 10% Series A Perpetual Strife Preferred Stock (STRF) and 8% Series A Perpetual Strike Preferred Stock (STRK), the preferred stock offerings launched by MicroStrategy, that he says were designed with the help of AI.

Both the STRF and STRK stocks offer investors exposure to Bitcoin through fixed-income instruments.

Although AI doesn't provide immediate, 100% answers, it gives 80%-95% of the required response that he takes forward to his finance and legal teams, Saylor said.

The executive also discussed future trends in AI usage by companies. He said companies are going to create extraordinary products and services. There is going to be a 100-fold rise in productivity, and the world is going to produce more of everything and in every way than anybody could imagine, he said.

In such a scenario, a private corporation will acquire more Bitcoin with more capital, and AI is going to purchase Bitcoin for the firm.

"If you are a company, you just want to figure out how your shareholders, customers, and employees benefit from this trend," he said.

The explosion in productivity with "digital property and digital intelligence and digital labor" will create an explosion in demand for digital capital, and all of such trends are mutually beneficial, Saylor underlined.

MicroStrategy is the world's largest corporate Bitcoin holder that has 155,450 BTC at the time of writing.

Bitcoin was trading at $65,023.13 at press time, according to Kraken's price feed.