The proliferation of conventional artificial intelligence tools in recent years has caused the cryptographic industry and blockchain to explore decentralized alternatives to large technological products.
The synergy between AI and Blockchain is based on addressing the risk of centralized property and access to data that the AI feeds. The theory says that decentralization can mitigate against the entire economy of AI that works with the data owned by some technological giants such as Alphabet (Goog), Amazon (AMZN), Microsoft (MSFT), Alibaba (9988) and Tencent (0700).
It is not yet clear whether or not this is a significant problem at all, much less if the blockchain industry can solve it. However, what is clear is that cryptographic risk capitalists (VC) are willing to spend millions of dollars discovering. The decentralized AI has attracted $ 917 million in VC and private capital money, according to the start starting platform.
The question remains whether the tendency to invest in the Blockchain based is still based on Hype or has now transcended to be the real business.
The Blockchain investment company, Theta Capital, described AI X Crypto as “the inevitable backbone of AI”, in a recent “satellite view” report, which explored ideas and perspectives of the prominent investors in the sector.
AI agents
“No trend stands out more than the intersection of AI and cryptography,” said the report, using the examples of AI agents that negotiate in blockchains and even throw tokens.
This may seem like a more sophisticated form of speculation for Degens, but Theta argues that it is a route to address some of the problems of AI that only cryptography can solve.
“Encryption wallets allow the participation of autonomous agents in financial markets,” according to the report. “Decentralized Token networks are starting the supply side of the infrastructure of the key to calculation, data and energy.”
The conclusion of the report is far from exaggerated and speculation; Ai x crypto is “the new goal.” Goal is the abbreviation of “metagame”, a borrowed term of the games that refers to the dominant way of playing with respect to the characters, strategies or movements based on the competitive panorama.
Decentralized
Alex Pack, managing partner of Blockchain VC’s risk capital firm, described web3 AI as “the biggest source of Alfa in investment today”, in the “satellite view” report.
Hack VC has dedicated 41% of its last fund to Web3 AI, according to the report, in which you see the main challenge such as building a decentralized alternative to the AI economy.
“The rapid evolution of AI is creating massive efficiencies, but also increasing centralization,” said Pack.
“The intersection of crypto and Ia is, with much, the biggest investment opportunity in space, offering an open and decentralized alternative.”
One of the most prominent portfolio companies of 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 that install software code in applications to scrape the data of their users.
“Users donate without realizing their bandwidth without compensation,” said Grass founder Andrej Radonjic, in Theta’s report.
“The grass provides an alternative [by] Forming a massive network of pairs delivery capable of producing high quality data at Google and Microsoft scale. “
The dreaded “acquisition” of AI
The decentralized AI has risks to investors, admits Theta. It could lead to the proliferation of all the less desirable facets of the Internet, as already exists: online Putrid speech, Electronic spam emails or vapid social media content in the form of blogs, videos or memes. In the cryptographic world, an example of this can be the creation of memes tokens. Questionable endorses, washing and pump trade and landfills can be handled by AI engines even more efficiently than humans.
Some VC see blockchain as the basis of mitigation. Olaf Carlson-We, CEO and founder of Polychain, provided the examples of humanity test mechanisms to verify that users are human and discourage spam through micropagues or spam.
“If sending an email costs $ 0.01, it would destroy spam’s economy while remaining affordable for average users,” he said in the report.
With Blockchain possibly providing some of these safeguards, Carlson-Wee believes that the AI supports digital and financial systems, since they could overcome humans in the markets. He states that this reality would be accepted with pleasure, instead of feared as a kind of gloomy dystopia.
“Over time, AI systems will evolve to long -term capital allocators, predicting trends and opportunities in the future, [which] Humans will trust their funds, due to the superior capacity to make decisions based on data, “said Carlson-Wee.
“The acquisition of AI will not be a war that we lose, it will be a suggestion that we according to,” he concluded.
