While the market is tense ahead of the monthly CPI data, some people are already looking further ahead.

Zero inflation or even negative inflation is really coming — as soon as this judgment appeared, it sparked quite a bit of discussion. Many people's first reaction is panic, feeling that this is a sign of economic recession. But if you think a little deeper, this is not bad news.

The key is: this decline in inflation is not due to a lack of demand, but because technology is drastically reducing production costs. The five major technological trends—robotics, energy storage, artificial intelligence, blockchain, and bi sequencing—are all exploding at the same time. What kind of energy will this collision release?

Looking at history, we can see that when the telephone, electricity, and internal combustion engine appeared, global real GDP growth jumped from 0.6% to 3%. What if these five fields really merged together now? The growth rate could potentially exceed 7%.

AI agents handle corporate backend processes 24/7, autonomous taxis halve logistics costs, and gene editing accelerates new drug development—these are not science fiction, they are happening now. Goods are becoming cheaper, and services are more efficient; this is the deflation brought by technology.

So the question is not whether the world will get colder, but what this wave of wealth will elevate and what it will strike down. The technological foundation accumulated by the crypto market in recent years is clearly not a supporting role in this cycle.