The Internet A blockchain project that sought to differentiate itself from rivals, doubles its argument (AI).
This could be the beginning of a new technological battery – in which AI, not humans, becomes the main applications developer, according to Dominic Williams, founder of the Dfinity Internet computers developer.
Williams argued that if cryptography prices are largely motivated by market mechanics – Treasury operations, liquidity games and speculation – underlying technology will eventually force a calculation in an interview with Coindesk.
“In the long term, the markets are starting to reflect realities on the ground,” he said. “But still, you don’t see what’s going on with the internet computer reflected in the ICP price.”
Execution of AI on Chain
The Internet computer first demonstrated neural networks operating as smart contracts in April from last year, starting with the classification of images and subsequent facial recognition, said Williams.
Although these are relatively simple models compared to large language models – the type that Ai Food Tools like Chatgpt and Gemini – they were proof of concept: that AI can natively operate on a blockchain. No other network has achieved this objective, said Williams, despite the chatting on “decentralized AI”.
When others rely on an off -chain infrastructure such as Amazon’s web services, ICP seeks to integrate the full AI development and execution stack on the chain. Williams describes this as “an internet self -adaction” – a system where users describe what they want, and an AI provides it as an application of work, hosted directly on the Internet.
The biggest idea, said Williams, is that the AI itself will replace a large part of the workflow of today’s developer. Instead, humans write code, configured databases and maintained servers, AI could run the applications instantly, update them and ensure resilience via guarantees based on blockchain.
This crops blockchain not only as a layer of settlement for tokens, but as the optimal environment for applications generated by AI. The design of the ICP, with features such as “reverse gas” – the model where developers pay for the costs of calculating their applications, rather than obliging end users to pay transaction costs – removes the need for firewall or database migration that afflict traditional infrastructure.
“AI develops these applications hundreds of times faster than humans,” said Williams. “And because there are no system administrators that stand next, you need the railings that only the blockchain can provide.”
Williams underlined the early hackathons where ordinary people used IA on ICP to create applications: from a crowddsource group nest mapping platform, to a tool to generate wills and health guidelines.
The vision is that such tools could proliferate in the millions. Entrepreneurs, small businesses and even NGOs could create personalized applications without technical expertise, paying for use with Fiat while crypto tokens underlie the system behind the scenes.
Price action is always lagging behind
Despite these developments, the ICP token has not yet seen a sustained momentum. It has briefly rallied when IA integrations were announced last year, but has since exchanged more sensation with a broader feeling of the market than in the adoption of users.
Williams accepts this disconnection but predicts that the markets can catch up very soon.
“It could be the first time that web3 has actually exceeded the web2 technologically, without incitement to token in sight,” said Williams. “The shock will be when people realize that they can simply speak to an AI, and a blockchain application appears in an URL.”
