Ethereum May Solve AI Privacy Crisis, Says Former Core Developer
According to Eric Connor, a former core Ethereum developer, Ethereum has a great chance of becoming a decentralized partner in resolving contemporary issues with artificial intelligence systems. AI is awaiting Ethereum’s most significant mainstream moment, according to Connor.
Although AI has the potential to drastically alter practically every part of our life, Connor added, it is beset by privacy issues, centralized data silos, and black-box models. However, he stated that these issues give Ethereum a chance to shine.
Decentralization vs. Big Tech: Ethereum’s Role in the Future of AI
He went on to say that Ethereum provides transparency through decentralization against Big Tech monopolies, aligned incentives via token economies, verifiable smart contracts, and integrated micropayment infrastructure. In order to solve the black box issue, smart contracts can offer transparent records of the data sources and training procedures for AI models. He added that because big AI companies benefit from power and secrecy, they might oppose open models. He continued by saying that there will only be an increase in demand for security, justice, and transparency, and Ethereum provides a different route in this regard.
Ethereum already has the ethos with openness, collaboration and trust minimization, things that ethical and accountable AI needs.
Connor
Ethereum may encourage AI developers to adopt decentralized methods by proactively developing the necessary research, tooling, and real-world use cases, which might lead to widespread adoption outside of the financial industry, Connor said. In January, Connor departed the Ethereum community to pursue interests in artificial intelligence due to mounting worries over leadership.
Ethereum Powers the Future of AI: Meet the Projects Leading the Way
On Ethereum, the number of AI agents—software applications that employ artificial intelligence to carry out tasks, make decisions, learn from data, and adjust to changes—is increasing. According to a recent post on the Ethereum blog, Ethereum might also be crucial for the advancement of agentic AI, a new and experimental technology.
Key benefits of the Ethereum blockchain for AI agents include real-time, transparent blockchain data access and genuine ownership of digital assets. Additionally, it allows these agents to communicate with smart contracts and carry out transactions. The article featured three noteworthy projects. Luna, a self-governing virtual influencer with its own on-chain wallet, is the first. AIXBT, an AI agent that analyzes cryptocurrency markets, comes in second. Botto, a decentralized independent artist who creates NFTs under community voting, comes in last. These projects each demonstrate a different way that blockchain technology and artificial intelligence can be combined.
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