---
title: "The founder of Sijoituskerho | Aleksi Kopponen | Negotiator 375"
titleOriginal: "Sijoituskerhon perustaja | Aleksi Kopponen | Neuvottelija 375"
episodeNumber: "375"
guest: "Aleksi Kopponen"
datePublished: 2026-03-12
duration: "01:08:52"
youtube: "https://www.youtube.com/watch?v=vVfphhffw9o"
originalLanguage: "fi"
topics: ["investing_markets","ai_enterprise_tech"]
subtitleMethod: "none"
provenance: "Owner page assembled from YouTube metadata, the neuvottelija.fi episode record and the publisher's own chapter marks, translated one for one; their spacing is irregular and matches the recording. No transcript is published here — the channel has no English caption track for this episode and the Finnish one is YouTube's automatic track. The guest speaks both as the founder of a private investor community and as secretary general of a ministry working group, and the long-form write-up in the Neuvottelija AI editions separates the two capacities."
fiCanonical: "https://www.neuvottelija.fi/fi/episodes/755-sijoituskerhon-perustaja-aleksi-kopponen-neuvottelija-375"
canonical: https://www.neuvottelija.com/podcast/episodes/ep375-sijoituskerhon-perustaja-aleksi-kopponen/
---
# The founder of Sijoituskerho | Aleksi Kopponen | Negotiator 375

English subtitles are not available on this page. This is an episode summary, not a curated transcript.

## Chapters

- [00:00](https://www.youtube.com/watch?v=vVfphhffw9o&t=0s) Aleksi Kopponen, founder of Sijoituskerho
- [00:52](https://www.youtube.com/watch?v=vVfphhffw9o&t=52s) How the 135,000-member Sijoituskerho community came about
- [03:06](https://www.youtube.com/watch?v=vVfphhffw9o&t=186s) Sijoituskerho's culture and moderation practices
- [06:18](https://www.youtube.com/watch?v=vVfphhffw9o&t=378s) The Mandatum block trade through the community's lens
- [09:26](https://www.youtube.com/watch?v=vVfphhffw9o&t=566s) AI is disrupting exchange dynamics now
- [11:44](https://www.youtube.com/watch?v=vVfphhffw9o&t=704s) AI in investing as a master's thesis subject
- [15:46](https://www.youtube.com/watch?v=vVfphhffw9o&t=946s) Citrini Research and the doomer scenario
- [17:44](https://www.youtube.com/watch?v=vVfphhffw9o&t=1064s) Kopponen's role at the Ministry of Finance
- [18:28](https://www.youtube.com/watch?v=vVfphhffw9o&t=1108s) Agent automation at the core of the public sector
- [19:54](https://www.youtube.com/watch?v=vVfphhffw9o&t=1194s) The clock-speed rupture between human and machine
- [21:07](https://www.youtube.com/watch?v=vVfphhffw9o&t=1267s) Sami's and Aleksi's autonomous agents and Second Brain
- [22:16](https://www.youtube.com/watch?v=vVfphhffw9o&t=1336s) Hard analysis to the AI, criticism to the human
- [24:28](https://www.youtube.com/watch?v=vVfphhffw9o&t=1468s) Organisational rationality against the sum for society
- [26:47](https://www.youtube.com/watch?v=vVfphhffw9o&t=1607s) A public sector of 510,000 person-years in transition
- [31:10](https://www.youtube.com/watch?v=vVfphhffw9o&t=1870s) Taxation of labour disappears in the age of AI
- [32:45](https://www.youtube.com/watch?v=vVfphhffw9o&t=1965s) The index fund as Sami's standing recommendation
- [34:08](https://www.youtube.com/watch?v=vVfphhffw9o&t=2048s) ETFs as an instrument for megatrend investing
- [36:10](https://www.youtube.com/watch?v=vVfphhffw9o&t=2170s) Society's inertia slows change but also protects
- [37:00](https://www.youtube.com/watch?v=vVfphhffw9o&t=2220s) Data and an AI-native operating logic win
- [38:51](https://www.youtube.com/watch?v=vVfphhffw9o&t=2331s) MCP and the service bus in public administration
- [51:42](https://www.youtube.com/watch?v=vVfphhffw9o&t=3102s) An overall plan and a ten-million investment programme
- [53:53](https://www.youtube.com/watch?v=vVfphhffw9o&t=3233s) Automating knowledge work as a strategic choice
- [56:08](https://www.youtube.com/watch?v=vVfphhffw9o&t=3368s) Agents booking a boat berth on a citizen's behalf
- [59:07](https://www.youtube.com/watch?v=vVfphhffw9o&t=3547s) Standards, or an operating environment dictated from outside
- [1:01:15](https://www.youtube.com/watch?v=vVfphhffw9o&t=3675s) Top management as the owner, not the IT department
- [1:03:29](https://www.youtube.com/watch?v=vVfphhffw9o&t=3809s) Klarna as a cautionary tale about delegating wrongly
- [1:07:47](https://www.youtube.com/watch?v=vVfphhffw9o&t=4067s) Aleksi and Sami at the Tampere investment fair, 20 May 2026

## Summary

Aleksi Kopponen — founder of the 135,000-member Sijoituskerho investor community and secretary general of the Finnish Ministry of Finance's AI cooperation group — joins Sami Miettinen in March 2026. The episode combines two subjects usually handled apart: how an investor community is built and moderated, and how agent automation changes a public administration of 510,000 person-years across 5,300 organisations. The connecting question is Citrini Research's scenario — if AI expands corporate margins while collapsing wage-based purchasing power, who pays the taxes, and what does an individual investor do about it?

## Two subjects that turn out to be one

The community half is about moderation rather than stock picking: what a 135,000-member
forum allows and refuses decides its culture, and the Mandatum block trade is used as the
worked example of how such a group reads an event in real time.

The public sector half is about scale — 510,000 person-years across 5,300 organisations —
and about a constraint that is not technological. Kopponen's phrase for it is a rupture in
clock speed: the machine executes at one rate and the surrounding process at another, and
the gap, not the model, is what sets the pace of change.

## The connecting question

Citrini Research's scenario ties the halves together. If AI widens corporate margins while
wage income erodes, the tax base shifts away from labour — which is simultaneously a
problem for the state that employs the guest and for the investor community he founded.
The episode does not resolve it, and says so.


## Watch

The recording lives on the Neuvottelija channel: [Sijoituskerhon perustaja | Aleksi Kopponen | Neuvottelija 375](https://www.youtube.com/watch?v=vVfphhffw9o).
A Finnish edition of this episode is published at [www.neuvottelija.fi](https://www.neuvottelija.fi/fi/episodes/755-sijoituskerhon-perustaja-aleksi-kopponen-neuvottelija-375).

## In depth

The Neuvottelija AI editions carry a long-form write-up of this episode:
[English](https://www.neuvottelija.com/ai/ep375-sijoituskerhon-perustaja-aleksi-kopponen/) · [suomeksi](https://www.neuvottelija.fi/economy/ep375-sijoituskerhon-perustaja-aleksi-kopponen/).

## Explore the ideas in depth

- [Enterprise AI Agents: Economics, Governance and the Shift From Tools to Workers](https://www.neuvottelija.com/guides/enterprise-ai-agents-economics-and-governance/): A guide to enterprise AI agents — the real cost model behind agent work, why owning your own stack is becoming a strategic question, a working governance framework with approval gates and audit trails, the agent risk matrix, the EU AI Act timeline as it stands, and who captures the productivity gains. Grounded in a real multi-agent lab, two 2026 keynotes, and Neuvottelija conversations.
- [Nordic SaaS Valuation & M&A: How AI Reprices Software Companies](https://www.neuvottelija.com/guides/nordic-saas-valuation-and-ma/): How software companies in the Nordics are valued and sold as AI moves inference into the cost of goods sold — where multiples stand in mid-2026, the metrics that get repriced, why vertical SaaS defends its premium, AI due diligence, and the shift from seats to outcomes. Grounded in Translink's SaaS valuation work and Neuvottelija conversations.

---

Cite as: Sami Miettinen, Neuvottelija — The founder of Sijoituskerho | Aleksi Kopponen | Negotiator 375, https://www.neuvottelija.com/podcast/episodes/ep375-sijoituskerhon-perustaja-aleksi-kopponen/, 2026-03-12. For quotes include episode 375 and timestamp.