The proliferation of traditional artificial intelligence tools (AI) in the past two years has aroused the crypto and blockchain industry to explore decentralized alternatives to large technological products.
The synergy between AI and Blockchain is based on the risk of centralized property and access to data that feeds AI. The theory will that decentralization can mitigate the entire economy of AI supplied by data belonging to some technological giants such as alphabet (Goog), Amazon (AMZN), Microsoft (MSFT), Alibaba (9988) and Tencent (0700).
It is not yet known whether or not it will be an important problem, even less if the blockchain industry will be able to solve it. What is clear, however, is that the venture capital of crypto (VC) are willing to spend millions of dollars to discover. The decentralized AI has so far attracted $ 917 million in investment capital and investment capital, according to the Startup platform, Tracxn.
The question remains whether the tendency to invest in the Blockchain based on AI is always built on media threshing or has been transcended to be the real deal.
The Blockchain Theta Capital Investment Company described Ai X Crypto as “the inevitable backbone of AI”, in a recent “Satellite View” report, which explored the ideas and prospects of eminent investors in the sector.
AI agents
“No trend stands more than the intersection of AI and crypto,” said the report, using the examples of AI trading agents on blockchains and even the launch of tokens.
This may seem to be a more sophisticated form of speculation for Degens, but Theta maintains that it is a path to solve some of the problems of AI that only crypto can solve.
“Cryptographic portfolios allow the participation of autonomous agents in the financial markets”, according to the report. “The decentralized tokens networks are constantly evolving of the supply of the key AI for calculation, data and energy.”
The conclusion of the report is far from being about media and speculation; AI X Crypto is “the new meta”. Meta is the abbreviation of “metagame”, a term borrowed from the game referring to the dominant way of playing with regard to the characters, strategies or movements based on the competitive landscape.
Ai decentralized
Alex Pack, managing manner of the Blockchain venture capital company, Hack VC, described Web3 like “the biggest source of Alpha in investment today”, in the “Satellite View” report.
Hack VC devoted 41% of his last web3 AI fund, according to the report, in which he considers the main challenge to build a decentralized alternative to AI economy.
“The rapid evolution of AI creates massive efficiency, but also an increase in centralization,” said Pack.
“The intersection of crypto and AI is by far the greatest opportunity to invest in space, offering an open and decentralized alternative.”
One of the most important portfolio companies in Hack VC is Grass, which encourages users to participate in AI networks by offering their unused internet bandwidth in exchange for tokens.
This is designed as an alternative to large companies installing software code in applications in order to scrape their users’ data.
“Users involuntarily give their bandwidth without compensation,” said Grass founder Andrej Radonjic in TheTA report.
“The grass provides an alternative [by] Form a massive opt-in network, a peer network capable of producing high quality data on Google and Microsoft scale. “”
The formidable ai “takeover”
The decentralized AI presents risks for investors, concedes Theta. This could lead to the proliferation of all the least desirable facets of the Internet as it already exists: online speech putrid, spam emails or vaporous social media in the form of blogs, videos or memes. In the world of cryptography, an example of this can be the creation of tokens even. Doubtful approvals, washing trading and pump and discharges can all be managed by IA engines even more effectively than humans.
Some VCs see the blockchain as a base of attenuation. Olaf Carlson-Wee, CEO and founder of Polychain, provided the examples of evidence of humanity to verify that users are human and disinculate spam via micropaies or spam.
“If the sending of an email costs $ 0.01, it would destroy the spam economy while remaining affordable for average users,” he said in the report.
The blockchain may offer some of these guarantees, Carlson-Wee thinks that the AI will underpin digital and financial systems because they could surpass humans on the markets. This reality, he says, would be accepted with pleasure, as opposed to fear as a kind of dark dystopia.
“Over time, AI systems will evolve as long -term capital beneficiaries, predicting trends and opportunities for years in the future, [which] Humans will entrust their funds due to the greater capacity to make data-based decisions, “said Carlson-Wee.
“AI taking control will not be a war that we lose-it will be a suggestion that we accept,” he concluded.
