Alexis Ohanian, co-founder of Reddit, has put forth an intriguing idea about the future clash between Artificial Intelligence (AI) and blockchain technology.
The Alexis Ohanian Thesis
Based on the American internet entrepreneur’s perspective, AI and blockchain technology are set to intersect and subsequently strengthen one another. He derived this idea from the interconnected nature of these two groundbreaking technologies. Ohanian believed that AI and blockchain have a “mutually beneficial requirement.”
In addition, he recognized the significant impact AI has had since its rise in popularity. As Reddit’s co-founder put it, AI is currently leading us towards a world where images will be easily accessible in infinite numbers. This notion is supported by the introduction of fascinating AI tools by prominent tech companies.
In my opinion, AI technology and blockchain are on a collision course to enhance and strengthen one another.
Why?
One is creating the indisputable need for the other.
Right now, AI is creating a world that will make images infinitely available. We will see a…
— Alexis Ohanian (@alexisohanian) April 11, 2024
OpenAI Sora generates videos based on textual input, while Google Genie creates playable virtual environments from singular images. According to Ohanian, businesses are expected to release more of such AI technologies soon, a trend that has already begun. However, the widespread use of these tools raises questions about originality and ownership.
Consider a scenario where the authenticity of every JPG image is uncertain. It’s unclear if the image is genuine or manipulated, whether the person claiming to have taken it is truthful, or if the depicted content even exists in reality (we’re not so far from this reality either).
Through inscriptions, blockchain offers a way for him to authentically confirm the authenticity and origin of an image for anyone to check, thereby expanding blockchain’s utility beyond speculation.
Blockchain Firms Adopting AI To Boost Growth
The foresight displayed by Ohanian is impressive, as numerous businesses are currently investigating how to combine artificial intelligence and blockchain technology in various applications.
About a week ago, Forbes brought attention to the role AI and blockchain will play in the development of Web3.0. The article emphasized that the benefits of transparency and unbreakable data processing offered by blockchain, as well as AI‘s ability to learn from data and make predictions, are crucial for this next evolution of the web.
Flare Network is delving into the fusion of AI and blockchain technology to ensure safer and more secure offerings for its users as well as industries handling sensitive data such as healthcare and finance. To spur on the growing trend of Web3 companies adopting AI, Fetch AI unveiled a $100M initiative called Fetch Compute. This program is designed to fuel advancements in AI using state-of-the-art Nvidia GPUs, thereby empowering both end-users and developers.
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2024-04-12 21:07