Investing

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.

You May Also Like

Investing

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today....

Investing

Source: Pexels Web3 development protocol Envision Blockchain Solutions has partnered with the HBAR Foundation to create a blockchain-centric system for handling the carbon markets....

Latest News

President Biden’s ghostwriter will not face charges despite deleting evidence of the sharing of classified material during the investigation. Mark Zwonitzer — who collaborated...

Stock

Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

Disclaimer: economicedgex.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 economicedgex.com

Exit mobile version