[Video｜Coinbase CEO Brian Armstrong: The Gap Between Open-Source Models and Cutting-Edge Models May Be Only Six Months] On July 16, Coinbase CEO Brian Armstrong stated during an appearance on the podcast *Nikhil Kamath* that the gap between open-source models and cutting-edge models might be only six months, while inference costs could be reduced by over 99%. In the future, a significant amount of workloads may shift to more cost-effective models. Ultimately, those who capture most of the value may not necessarily be the large model companies but could instead be providers of infrastructure such as chips and energy. He compared the current AI boom to the eras of crypto, the internet, and even railroads: valuations may first experience bubbles and corrections, but as long as there is real underlying value, the industry will still grow again after adjustments.