AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said.
A new report by Bitwise suggests that AI and crypto could be a combined $20 trillion megatrend, adding a massive boost to the global economy by 2030. The report highlights the potential for collaboration between the two industries, with Bitcoin miners' resources like powerful chips being perfect for AI needs. Beyond mining, there's potential for AI and crypto to intersect in areas like information validation and virtual assistants. This is a fascinating space to watch and could lead to incredible innovation in the coming years. #AI#crypto#blockchain#futureoftech#finance#cryptocurrency#digitalassets
Many people are only beginning to understand the intrinsic connection between crypto and AI.
For AI systems to achieve robustness, they must have the capability to interact and cooperate across different platforms. This interaction often requires an economic incentive, which is where cryptocurrency comes into play. Crypto provides a decentralized, economically-driven backbone that enables different AI systems to transact and share resources efficiently—imagine it as the financial glue that holds disparate AI systems together in a globally distributed network. The integration of crypto and AI will enhance data security, improve smart contracts through automated decision-making, and facilitate transparent, autonomous operations across various sectors. Plus a lot more, far more than my imagination can conjure.
Crypto folks who ignore AI and AI folks who disregard crypto will fall behind as these two topics continue to merge.
Blockchain | Crypto | Financial Services | General Counsel | Futurist | Advisor | Co-Host of the WSBA Crypto Corner Podcast
AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said.
A new report by Bitwise suggests that AI and crypto could be a combined $20 trillion megatrend, adding a massive boost to the global economy by 2030. The report highlights the potential for collaboration between the two industries, with Bitcoin miners' resources like powerful chips being perfect for AI needs. Beyond mining, there's potential for AI and crypto to intersect in areas like information validation and virtual assistants. This is a fascinating space to watch and could lead to incredible innovation in the coming years. #AI#crypto#blockchain#futureoftech#finance#cryptocurrency#digitalassets
I would propose a more fundamentally critical component of AI to AI outcomes… provenance… we need to know the source of data and it needs to be infinitely and provably, preferably mathematically, immutable…
AI systems could pay on private centralized ledgers… that’s actually quite easy and quite common.. sure crypto makes it easier..
But knowing where data comes from - and proving where decisions are made will be critical in a future with AI… private ledgers can be manipulated, colluded and coerced. Public distributed ledgers still can… but you will know.
Blockchain | Crypto | Financial Services | General Counsel | Futurist | Advisor | Co-Host of the WSBA Crypto Corner Podcast
AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said.
A new report by Bitwise suggests that AI and crypto could be a combined $20 trillion megatrend, adding a massive boost to the global economy by 2030. The report highlights the potential for collaboration between the two industries, with Bitcoin miners' resources like powerful chips being perfect for AI needs. Beyond mining, there's potential for AI and crypto to intersect in areas like information validation and virtual assistants. This is a fascinating space to watch and could lead to incredible innovation in the coming years. #AI#crypto#blockchain#futureoftech#finance#cryptocurrency#digitalassets
Preach brother. For me it’s a simple question: what medium of exchange with autonomous AI agents prefer to transact in as they inevitably engage in commerce with each other? Cryptocurrency where the AI agents can control private keys and engage in permissionless commerce with each other? Or interfacing with the traditional banking system and navigating its human-centric AML/KYC juggernaut? No question the former.
Blockchain | Crypto | Financial Services | General Counsel | Futurist | Advisor | Co-Host of the WSBA Crypto Corner Podcast
AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said.
A new report by Bitwise suggests that AI and crypto could be a combined $20 trillion megatrend, adding a massive boost to the global economy by 2030. The report highlights the potential for collaboration between the two industries, with Bitcoin miners' resources like powerful chips being perfect for AI needs. Beyond mining, there's potential for AI and crypto to intersect in areas like information validation and virtual assistants. This is a fascinating space to watch and could lead to incredible innovation in the coming years. #AI#crypto#blockchain#futureoftech#finance#cryptocurrency#digitalassets
Ethereum co-founder Vitalik Buterin weighs in on the intersection of AI and blockchain, emphasizing caution and careful consideration. Buterin's insights are a timely reminder of the potential and pitfalls of blending AI and crypto. #AI#Blockchain#Crypto#Technology#Innovation
#DePIN = crypto's "get real" moment.
For over a decade, people in and out of the crypto space have speculated, complained, hoped, and dreamed about a time when blockchain technology would make our everyday lives better.
We're finally at the precipice of this.
Real-world applications (DePINs) are popping up all over the place, in sectors like energy, mobility, telecoms, environment, health, and so much more.
This is the moment we've all been waiting for.
Here's my piece for CoinDeskhttps://lnkd.in/eASecKaU
Managing Director (ANNA) Association of National Numbering Agencies & (ASB) ANNA Service Bureau
#standards #capitalmarkets #digitalassets #financialregulation
Augmented Intelligence Crypto Advisory and Virtual Asset Investigations. Crypto and Financial Markets Litigation Expert.
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