The Future of Everything: What CEOs of Circle, CrowdStrike & More See Coming in 2026

Summary

Jason Calacanis conducts four back-to-back CEO interviews from Davos 2026, exploring the future of money, cybersecurity, urban air mobility, and AI infrastructure. Circle CEO Jeremy Allaire discusses the transformative impact of the GENIUS Act on stablecoins, predicting explosive growth as regulatory clarity enables mainstream adoption. He argues that stablecoins will become the “money layer” of the AI economy, with trillions in transaction volume as AI agents need programmable, instant settlement.

CrowdStrike CEO George Kurtz explains why cybersecurity is more critical than ever in the AI era, identifying nation-state actors and AI-powered attacks as the primary threats. Archer Aviation CEO Adam Goldstein provides an update on eVTOL progress, revealing that commercial operations could begin in select cities by late 2026. Crusoe Energy CEO Chase Lochmiller details how his company is solving the power challenge for AI training by locating data centers at stranded energy sources like flared natural gas and renewable curtailment.

The common theme across all four interviews is infrastructure - whether it’s regulatory infrastructure for digital money, security infrastructure for AI systems, transportation infrastructure for urban mobility, or energy infrastructure for compute. These CEOs are building the foundational layers that will enable the next decade of technology innovation.

Highlights

”Stablecoins Will Be the Money Layer for AI Agents”

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“When you have billions of AI agents that need to transact value instantly, 24/7, across borders, you can’t use the traditional banking system. Stablecoins become the obvious solution. They’re programmable money with instant settlement. This is the infrastructure layer for the AI economy.” — Jeremy Allaire, 28:00

”China, Russia, North Korea - The Cybersecurity Threat Landscape”

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“The most capable hacker nations are China, Russia, and North Korea, in that order. China is playing the long game - they’re in your systems for years, stealing intellectual property. Russia is more opportunistic and destructive. North Korea is motivated by revenue generation to fund their regime.” — George Kurtz, 1:02:33

”eVTOLs Could Launch in Select Cities by End of 2026”

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“We’re targeting commercial operations in select markets by Q4 2026. Not everywhere at once - but in cities where we have the infrastructure, regulatory approvals, and demand. This is the year eVTOLs go from concept to reality.” — Adam Goldstein, 1:27:53

”We’re Powering AI Training With Flared Natural Gas”

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“The AI buildout needs massive amounts of power. We’re solving this by putting data centers directly at stranded energy sources - natural gas that would otherwise be flared, renewable energy that would be curtailed. We’re turning waste into compute.” — Chase Lochmiller, 1:52:27

Key Points

Circle CEO Jeremy Allaire

• GENIUS Act impact (12:30) - New regulatory framework will unlock institutional adoption of stablecoins
• Stablecoin growth projections (18:45) - Market could grow from $200B to $2T+ in next few years
• Interest rate environment (24:10) - Higher rates make yield-bearing stablecoins more attractive
• AI and stablecoins (28:00) - Programmable money perfect for AI agent economy
• Cross-border payments (35:20) - Stablecoins solving $200T annual cross-border payment problem

CrowdStrike CEO George Kurtz

• AI-powered attacks (55:15) - Hackers using AI to scale reconnaissance and social engineering
• Most capable hacker nations (1:02:33) - China (long-game IP theft), Russia (destructive), North Korea (revenue-motivated)
• Supply chain security (1:08:45) - Firmware and hardware tampering major threat vectors
• Cloud vs on-prem security (1:12:20) - Cloud providers have better security hygiene than most enterprises
• CrowdStrike’s AI defense (1:15:50) - Using AI to detect AI-generated attacks at scale

Archer Aviation CEO Adam Goldstein

• FAA certification progress (1:19:30) - On track for Type Certification in 2026
• Manufacturing scale-up (1:24:15) - Factory capable of producing hundreds of aircraft annually
• Launch markets (1:27:53) - Los Angeles, San Francisco, Miami, Dubai as initial targets
• Unit economics (1:33:20) - Cost per passenger-mile competitive with ground transportation at scale
• Infrastructure requirements (1:38:10) - Vertiports being built at airports, helipads, parking structures

Crusoe Energy CEO Chase Lochmiller

• AI power consumption crisis (1:44:05) - Training runs now requiring gigawatts of power
• Flared gas utilization (1:52:27) - Converting waste gas into compute power for AI training
• Renewable curtailment (1:58:40) - Using excess wind/solar that would otherwise be wasted
• Mobile data centers (2:03:15) - Deploying compute where energy is, not the reverse
• Economics of stranded energy (2:08:50) - Getting power at fraction of grid cost enables profitable AI training

Mentions

Companies

• Circle - Payment and treasury infrastructure for digital dollars
• CrowdStrike - Cloud-native cybersecurity platform
• Archer Aviation - Electric vertical takeoff and landing aircraft
• Crusoe Energy - AI infrastructure powered by stranded energy
• Coinbase (15:20) - Partnering with Circle on stablecoin distribution
• OpenAI (1:46:30) - Massive power consumer for AI training
• Meta (1:08:50) - Recent supply chain security incident mentioned
• United Airlines (1:35:10) - Archer partner for airport-to-city eVTOL service

Technologies

• USDC (8:30) - Circle’s USD-backed stablecoin
• GENIUS Act (12:30) - New stablecoin regulatory framework
• Midnight eVTOL (1:21:40) - Archer’s production aircraft
• H100 GPUs (1:50:20) - Nvidia chips Crusoe is deploying for AI training

Surprising Quotes

“The traditional banking system wasn’t built for the AI economy. When you need billions of micro-transactions per second with instant settlement, stablecoins are the only answer.” — Jeremy Allaire, 30:15

“Most companies don’t know they’ve been compromised by Chinese state actors until we tell them. And the actors have often been in their systems for 2-5 years.” — George Kurtz, 1:04:20

“People ask when flying cars will be real. I tell them: this year. Not everywhere, but in select cities, you’ll be able to book an eVTOL flight on your phone.” — Adam Goldstein, 1:30:10

“We’re not competing for grid power. We’re using energy that literally no one else wants. That’s our competitive advantage - we make compute economical by using free or negative-cost energy.” — Chase Lochmiller, 2:10:15

Transcript

0:00 All right, everybody. Welcome back to AllIn at Davos. We’re here at the World Economic Forum. For some reason, they invited me and I’m here interviewing all the most important people in the All-In style, which is full contact.

[Full transcript available - interviews with Jeremy Allaire (Circle), George Kurtz (CrowdStrike), Adam Goldstein (Archer Aviation), and Chase Lochmiller (Crusoe Energy) covering stablecoins, cybersecurity, eVTOLs, and AI infrastructure]