Fri. May 24th, 2024
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The realm of artificial intelligence (AI) has captured global attention, leaving individuals gazing upwards, pondering the origins of the abundant precipitation.

Individuals who have yet to grasp the extent to which AI has permeated our daily existence are encountering difficulties comprehending the implications of future progress for the collective fabric of society.

Understanding the intricacies of technology is a daunting task for many individuals. However, matters become even more convoluted when one dissects and analyzes its various components. Gone are the days when individuals merely employed the all-encompassing phrase artificial intelligence. Now, they are referring to narrow AI, superintelligence, and artificial general intelligence (AGI). The utilization of machine learning and deep learning terminologies has become prevalent among companies as they elucidate the technologies they have integrated to optimize their operational procedures.

The drive to propel AI forward commenced well before the discourse surrounding it and said progressions have proven advantageous to enterprises spanning various sectors. The potential for what the future holds with this cutting-edge technology has been particularly enthralling for enthusiasts in the Web3 realm.

Irina Jadallah, the co-founder of Ticketmeta, a pioneering platform that combines nonfungible tokens with ticketing and decentralized streaming for sports events, shared her insights:

“The rise of AI has emerged as a prominent topic in contemporary discourse. From various AI applications like ChatGPT, Siri, Alexa, and countless other tools, the pervasive influence of AI can be observed in our surroundings, encompassing even the metaverse […] The potential lies in revolutionizing the engagement and enjoyment of virtual realms, enabling enhanced interactions between users and their digital environments, fostering a more natural and intuitive experience.”

However, the influence of AI extends beyond the metaverse as it has already demonstrated its capacity to transform diverse domains, encompassing marketing and finance. In the realm of creative crypto, the exhilarating nature of this technology’s rise in popularity raises an intriguing query, as astutely noted by Jadallah.

As technological advancements progress and public demand intensify, the corresponding increase in cost amplifies the potential for centralization risks. The emergence of this shared interest has given rise to a novel term – depersonalized AI.

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Comparison of Centralization and Decentralisation

Centralization does not inherently possess negative connotations in all matters, yet it presents specific difficulties in AI.

In a scenario where limited entities possess the financial means to utilize the technology, the potential arises for them to exert influence over its progression, thereby heightening concerns surrounding its perceived implications.

Centralized AI is a topic that has garnered attention and engagement within the community, with efforts being made to address and counteract it. The founder of SingularityDAO, an innovative asset management company utilizing AI for trading strategies, shared with us:

“If artificial intelligence continues to be advanced in exclusive settings, primarily by corporate entities utilizing it for marketing, military applications, or centralized finance, it is plausible that the subsequent iteration of artificial intelligence would inevitably embody and perpetuate similar value systems. These value systems encompass enhanced efficacy in human termination, promoting unnecessary consumption, and further enriching the affluent.”

In contrast, the advent of decentralized AI presents an opportunity for individuals to exert influence over the products they engage with while being presented with an extensive array of models to select from.

“This is the very reason behind the establishment of our company in 2017, as it is of utmost significance to initiate contemplation regarding the forthcoming AGI or superhuman intelligence,” expressed Mari. To achieve benevolence, a decentralized layer is desired, allowing the community to actively shape and embrace the evolution of AGI.

Decentralized AI has the potential to integrate blockchain technology, renowned for its robust security and unparalleled transparency.

According to a co-founder and CEO of Ticketmeta, Anna Ivanchenko, blockchain technology is a secure and transparent system designed to monitor and maintain the integrity of information. It serves as a means to establish credibility and foster trust.

Public blockchains are favored due to their community-driven governance, distinguishing them from centralized authorities. In creative crypto, code assumes the role of a governing force, bestowing us a remarkable degree of trustlessness that remains unparalleled in various sectors. As per CoinGecko’s data, over 50 AI companies leveraging blockchain technology have emerged, and projections indicate a substantial surge in this figure in the foreseeable future. In 2023, there has been a notable surge led by prominent entities like Render, Fetch.ai, and SingularityNET.

The Singularity of MariThe decentralized autonomous organization (DAO) operates under the democratic governance of the community, allowing for collective input in shaping the operational dynamics of their AI-DeFi model. The presence of individual voices serves as the primary distinguishing element between centralized and decentralized AI. In centralized AI, the influence wielded by the average user over the functioning of AI models is rendered negligible.

Promoting active community involvement in the advancement and trajectory of AI and empowering individuals to shape its path and purpose is poised to have a notable impact in assuaging apprehensions. Decentralized AI has the potential to enhance societal acceptance of AI by facilitating its seamless integration into our daily lives.

Indeed, navigating emerging technologies is always a complex endeavor, and decentralized artificial intelligence is no different. A common challenge arises when dealing with centralized AI, known as the enigmatic “black box” predicament. This predicament revolves around the need for more transparency regarding AI models’ inner workings and decision-making processes.

The inner workings of the “black box” are a mystery

The inherent opaqueness of this situation may understandably cultivate a sense of skepticism. In a recent article by a prominent crypto publication, it was noted that a glimmer of hope exists in the realm of decentralized AI. The emergence of Explainable AI (XAI) and open-source models is seen as a promising path to tackle the enigmatic nature of the black box problem.

Benefits of Decentralized AI

Decentralized AI is known to bolster security through various mechanisms. By harnessing the power of blockchain technology, an innovative solution emerges, providing robust encryption and unalterable properties. This guarantees the utmost security and integrity of data, preserving its pristine state.

The system can proactively identify anomalies or suspicious patterns within data as an early warning mechanism against potential breaches. The necessity of decentralization stems from its intrinsic structure: Rather than relying on a solitary point of vulnerability, information is dispersed among numerous nodes, rendering unauthorized access or tampering considerably more arduous.

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Jake Coleman

By Jake Coleman

Jake Coleman, a prominent author and cryptocurrency enthusiast, brings his deep understanding of the blockchain world to Crypto Education Hub. With his insightful articles, Jake empowers readers to navigate the complex world of cryptocurrencies with confidence.

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