Cardano founder Charles Hoskinson has issued a warning about the impact of censorship on artificial intelligence (AI), coinciding with exchange Robinhood's acquisition of Pluto, the AI-powered investment advice platform recently.

According to Bloomberg, the move is aimed at bringing tailored investment strategies and analysis to Robinhood's retail brokerage users. However, Hoskinson's concerns shed light on the potential risks of centralized control over AI algorithms.

Robinhood acquires Pluto Capital

Robinhood's acquisition of Pluto Capital, founded by Jacob Sansbury, marks a strategic step toward strengthening the platform's capabilities.

Pluto is famous for its personalized investment advice based on AI and real-time analysis, providing services traditionally available only to wealthier investors.

Mayank Agarwal, Robinhood's Vice President of Engineering, praised Pluto's “impressive platform” and artificial intelligence expertise, emphasizing their shared mission to “democratize finance.”

The integration of Pluto's AI-powered tools is expected to enhance Robinhood's efforts to serve its customers, especially retail traders, by providing updated market information and personalized investment recommendations based on individual portfolios.

However, in a recent post on social network X, Hoskinson expressed his current concerns about AI censorship and its far-reaching consequences.

The research team supports the concerns of Cardano's founder

Cardano founder highlights the potential for loss of utility over time as artificial intelligence models undergo “associative” training, whereby certain knowledge is forbidden across generations the future rests on the views of a select group of individuals who remain unaccountable and off the electoral rolls. Hoskinson stated:

“What this means is that every child grows up barred from certain knowledge, and that's decided by a small group of people you've never met and can't vote out of office.”

Supporting Hoskinson's concerns, the research team behind “Cardano GPT” has affirmed this issue, arguing that centralized control over the model's training data is an important factor.

They note that when a small group of people monopolize control and limit the training of AI models based on their views, there is a risk of misinformation or censorship.

The research team suggests decentralization of language models (LLM) as a potential solution to overcome this challenge. However, the limited computing power of decentralized storage solutions currently hinders widespread adoption, keeping mass adoption of these models at less than 1%.

A hybrid model solution has been proposed to solve this problem, aiming to achieve a balance between centralized training data and decentralized LLM. This approach aims to minimize censorship-related concerns while allowing broader access to advanced language models.

As Robinhood's acquisition of Pluto will boost AI-based capabilities in retail investing, the concerns raised by Cardano's Hoskinson and the proposed hybrid model solution highlight the importance of transparency. transparency and democratization in the development and deployment of AI technologies.

ADA 4-Hour Price Chart | Source: TradingView.com

At the time of writing, Cardano's native token, ADA, is trading at $0.406. The token has shown favorable price movements recently, showing a 2.1% increase over the past 24 hours and a 6.2% increase over the past 7 days.

Source: https://tapchibitcoin.io/nha-sang-lap-cardano-keu-goi-than-trong-ve-rui-ro-ai-trong-boi-canh-thuc-day-cong-nghe-cua- robinhood.html