Many people think that AI, Blockchain & Crypto are unrelated, projects following this trend are just "pie in the sky". But a16z disagrees!
They believe that AI, Blockchain & Crypto are actually complementary, just like how social media, cloud computing and mobile computing combined to explode in the 2000s. This is not a "paint" but a great opportunity if you know how to seize it!
1️⃣ Blockchain helps take back control of the Internet from AI
AI is disrupting the internet, from spreading deepfakes and generated content to empowering large corporations. Blockchain emerges as a balancing solution, helping to protect ownership rights, authenticate identities, combat counterfeiting, and maintain the 'purity' of the internet environment.
2️⃣ Centralized AI, Decentralized Crypto
AI is leaning towards centralization, operating based on big data and centralized systems. Meanwhile, blockchain emphasizes decentralization, transparency, and privacy.
This combination not only addresses the individual issues of each technology but also creates new solutions that would not be possible if only one of the two were used, such as identity verification, zkML for data security, or applications in MEV,...
3️⃣ Proof of Personhood in the AI era
AI is blurring the lines between real and fake, as counterfeit content is created at unprecedented low costs. The Proof of Personhood technology is a solution that helps distinguish real humans in the digital world, protects privacy, and increases the cost of cyber attacks from AI, laying the foundation for a safe and reliable internet.
4️⃣ AI Agents need Crypto wallets
AI is transforming into AI Agents capable of acting independently but is not yet fully autonomous. With their own crypto wallets, AI Agents can not only assist humans but also have the ability to operate independently, creating interesting applications such as running decentralized nodes or supporting distributed energy systems.
5️⃣ TEEs enable fully autonomous and decentralized bots
Trusted Execution Environments (TEEs) are security technologies that allow bots to operate independently without human control thanks to secret keys. A decentralized chatbot can autonomously post content, attract followers, monetize its audience, and manage its crypto assets through TEE. This is a favorable environment that truly enables AI Agents to be independent.$AI