Everyone Loves AI - But What About Blockchain?
TL;DR
AI can be used for good, or for evil - blockchain technology is the perfect sidekick for it to be used for good!
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Right now, all the rage is about Artificial Intelligence (i.e. AI; i.e. ‘Apple Intelligence’…according to Apple).
And when a technology as powerful as AI comes along, people have two options: use it for good; or use it for evil.
So far, we’ve seen a bit of both in the crypto space.
For example, AI has been used to discover bugs in smart contracts that could have been exploited for millions of dollars if discovered by the wrong people.
(That’s a use case for good).
But, AI has also been to blame for things like deepfake videos of people such as former Singaporean Prime Minister, Lee Hsien Loong, who pleaded with viewers to sign up for an investment product that claimed to have guaranteed returns.
(That’s a use case for evil).
The funny thing is that blockchain technology is pretty much perfectly positioned to counter deepfakes.
At its core, blockchain technology is simply an immutable ledger - whether for tokens (which wallet bought what, and what happened to it?) or for media (who created that video and when).
As AI continues to develop and evolve, instead of making blockchain technology obsolete (as it may do with some other technologies), blockchain technology may in fact become a vital part of authentication for digital assets.
(Think of the technologies as Batman and Robin, not Batman and the Joker).