Michael Saylor Says AI May Cut Costs as Scarce Assets Get Pricier

Strategy Executive Chairman Michael Saylor said artificial intelligence may reduce the cost of goods and services while scarce assets become more expensive.

Saylor described two inflation rates associated with artificial intelligence in comments dated Sept. 28, 2026. He put consumer-price inflation at about 3% as machines make things cheaper, while saying the cost of capital tied to scarce assets sought by wealthy investors had risen 15% annually for six years.

He said the S&P 500 was the best proxy for that higher cost of capital.

Saylor contrasted tasks machines can perform with assets whose supply cannot be expanded, citing Palm Beach beachfront property, Picasso works and Bitcoin (BTC).

He urged ordinary people to accumulate wealth as artificial intelligence changes the cost of goods and services alongside demand for assets with limited supply.

The comments extend Saylor’s earlier view that a digital-asset “gold rush” could continue through 2035. He again described Bitcoin as a scarce asset.