Ai Crypto

8 thought leaders on the intersection of AI + crypto — Fred Wilson: “AI and Web3 are two sides of the same coin. AI will help make web3 usable for mainstream applications and web3 will help us trust AI”

I posted the original thread here:

Fred Wilson

AI and Web3 are two sides of the same coin. AI will help make web3 usable for mainstream applications and web3 will help us trust AI. Together they will lead to a more powerful, more resilient, more trusted, and more equitable Internet

https://avc.xyz/what-will-happen-in-2024

Vitalik Buterin

It’s a reasonable question: crypto and AI are the two main deep (software) technology trends of the past decade, and it just feels like there must be some kind of connection between the two. It’s easy to come up with synergies at a superficial vibe level: crypto decentralization can balance out AI centralization, AI is opaque and crypto brings transparency, AI needs data and blockchains are good for storing and tracking data.

https://vitalik.eth.limo/general/2024/01/30/cryptoai.html

Arthur Hayes

“Any company that can be attacked in the analogue human legal field will be attacked by those who believe a for-company-profit AI implementation used their data without payment,” he continued. “It is an impossible problem to solve — how do you adequately pay every entity for their data?”

“The only way to create AIs as economic entities is for the ownership to be dispersed wide and far, such that there is no single centralized structure to attack in the traditional legal arena,” he added. “The market will quickly come to realize the entire lifecycle of an AI must be decentralized, which will in turn benefit networks such as Ethereum. Ethereum is the most robust decentralized computer in existence, and I fully expect it to peer power the future AI / human economy.”

https://www.theblock.co/post/271501/bitmex-co-founder-arthur-hayes-joins-decentralized-ai-platform-ritual

Casey Caruso

Since computational strength grows with resource consolidation, AI naturally fosters centralization, where those with more computing power progressively dominate. This introduces a risk to our rate of innovation. I believe decentralization and Web3 stand as contenders to keep AI open.

https://www.caseycaruso.com/thoughts/decentralized-ai

Crypto, Distilled

Divides the web3 AI stack into: Agents, AI analytics; Authentication; Privacy; Data; Compute; Models

Blockchain = provable fairness; AI = unparalleled productivity

https://x.com/DistilledCrypto/status/1753300276298289169?s=20

Travis Kling

AI is a clear opportunity for crypto, but I am wary about crypto’s ability to execute on that opportunity this cycle

https://twitter.com/Travis_Kling/status/1753455596462878815

Varun Mathur

Centralized AI entities have consolidated immense power, regulatory capture, and using their growing network effects, there now exists a period of at most a year, before they cannot be competed against. The world they present to users is that of biased and limited interfaces, where the $20/month “pro” features are far outside the reach of say a college student in India.

https://twitter.com/varun_mathur/status/1754305144630440089

Binance Research

Funding for AI-related web3 projects surged in 2023, reaching US$298M. This is more than the collective funding amount raised for AI projects from 2016 to 2022, at US$148.5M.

Areas of note: DePIN; Zero Knowledge; Consumer dapps; Data analytics

https://www.binance.com/en/research/analysis/ai-x-crypto-latest-data-and-developments/

Venkatesh Rao

AI+blockchains point to a dystopia of impersonal and faceless interchangeable-parts humanity that’s more industrial than the industrial age.

https://studio.ribbonfarm.com/p/brains-chains-and-vibemobiles

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