Artificial intelligence and cryptocurrency join forces, a new trend that the community is discussing
Everyone is talking about the new partnership of artificial intelligence and cryptocurrency. Ethereum’s big shot Vitalik Buterin said that using artificial intelligence to enhance encryption technology has many benefits, but it is not without limitations.
Did you know that artificial intelligence itself is also growing rapidly, and is expected to grow by about 40% next year!
When it comes to the combination of AI and cryptocurrency, a crypto expert named Goodalexander said that AI that is not done by mining may not be able to withstand government scrutiny. He is worried that the government will keep a closer eye on these AIs, even stricter than Bitcoin. But he also said that using AI to strengthen encryption may be more valuable than using encryption to distribute AI directly. Millie, a philosopher in the crypto community, also nodded in agreement. She thinks that the combination of AI and encryption has great potential and can unlock a lot of new value, not only making AI better, but also affecting the crypto industry in turn. Vitalik Buterin also mentioned that in Ethereum's DEX (decentralized exchange), AI and encryption have begun to interact, and in the future it can be expanded to prediction markets, arbitration games in DAOs (decentralized autonomous organizations), etc., and the road is very wide.
However, Buterin also warned that super-intelligent AI is not yet available, and we must be careful not to mess it up. He also said that if AI is concentrated in one place for development, there will be great risks.
Earlier this year, Buterin also talked about zero-knowledge proof. He said that AI can help us distinguish true from false information and prevent fraud, but it is not easy to combine AI with zero-knowledge proof in encryption. AI is a particularly optimized computing method, but it can't help with zero-knowledge proof, a "free-play" computing method.
However, AI is still very useful in the crypto market. According to research, AI can help traders analyze market data, find patterns, reduce human errors, and improve efficiency. It can also make blockchain more capable of storing data, and DEX can also use AI to adjust the size of the liquidity pool. Sometimes, AI can also help us discover tricks in smart contracts.
Finally, let me tell you a scary number: by 2025, the global artificial intelligence market may exceed $190 billion, and it is growing rapidly every year. When AI and encryption join forces, both markets will be very happy!