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
Given how much garbage GenAI is putting onto the internet, I can certainly see how distributed systems that can verify whether information is valid or not will become very important, especially when processing massive amounts of data at scale.
they are like yin and yang, they have the ability to complement each other beautifully balancing out limitations of the other
Love this, you are preaching to the choir!
good article
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