Connect with us

Hi, what are you looking for?

Economy

Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’

Ethereum co-founder Vitalik Buterin has discussed the intersections between crypto and artificial intelligence (AI), warning to “tread carefully.”

In a blog post published Tuesday, Buterin highlights the main challenges between the two hottest technology trends of the past decade and explains what he considers to “be the most fruitful” for the developer community.

“There must be some kind of connection between crypto and AI.”

He goes on to claim that “with the rise of much more powerful AI and the rise of much more powerful crypto in the form of ZKPs, FHE, (two-party and N-party) MPC,” adding that there are some promising applications of AI inside of blockchain ecosystems.

Tread Carefully


Buterin uses the analogy that AI is like a player in a game, adding that the application of AI that a lot of people are excited about, he believes is the most risky.

“We need to tread the most carefully: what I call AIs being part of the rules of the game,” blogs Buterin.

The Ethereum co-founder goes on to explain that if a blockchain-based smart contract or a DAO needs to make a subjective decision could you make an AI simply be part of the contract or DAO to help enforce these rules?

Understanding AI


The term AI is a broad concept and refers to the simulation of human intelligence processes by machines, typically computer systems.

These processes include learning for example the acquisition of information and rules for using it.

Reasoning for example using rules to reach approximate or definite conclusions and self-correction. AI can be applied to various tasks such as problem-solving, understanding natural language, recognizing patterns in data, and more.

Vitalik Buterin Identifies AI as a Broad Concept


AI is a very broad concept, blogs Buterin.

AI can be considered as being the set of algorithms that you create not by specifying them explicitly, “but rather by stirring a big computational soup and putting in some kind of optimization pressure that nudges the soup toward producing algorithms with the properties that you want,” adds Buterin.

The bottom line from Buterin is that both blockchains and AIs are becoming more powerful.

However, it remains  challenging to “get right applications that attempt to use blockchains and cryptographic techniques to create a ‘singleton’: a single decentralized trusted AI.”

Buterin, a prolific blogger, proposed in December alternative methods aimed at simplifying the Ethereum blockchain’s proof of stake design. The initiative is intended to address a potential systemic complexity within Ethereum’s consensus mechanism.

The proposals center on reducing the number of signatures required per slot in the blockchain.

The post Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’ appeared first on Cryptonews.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

As Bitcoin approaches a monumental milestone, speculation around its price trajectory intensifies, with many wondering if reaching $100,000 in March is within the realm...

Economy

A just-launched meme token called FrogWifHat (FWIW) is generating a significant buzz within web3 circles as it attempts to emulate the viral success of...

Economy

Dogecoin, the leading cryptocurrency in the meme coin market, has captivated investors, especially those driven by the fear of missing out (FOMO), with a...

Economy

Crypto exchange Binance unveiled a new promotion on February 28 for its VIP Invitation Program that is set to target traditional asset traders. In...

Economy

Japan is a global leader in compliant crypto payment services, according to a report published today by independent finance news outlet FinanceFeeds. The conclusion...

Economy

The DogWifHat price has erupted by 41% in the past 24 hours, surging to $0.7766 as the crypto market enjoys a 3.5% gain today....

You May Also Like

Financial Advisors

[#item_full_content]

Financial Advisors

[#item_full_content]

Financial Advisors

The humongous outbreak of the dreaded coronavirus has brought about a groundbreaking change in what the world perceived as ‘normal’. With an estimated 280,391,189...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Respect Investment. All Rights Reserved.