AI's Influence on Crypto to Outweigh the Reverse, Says Expert

  • AI set to unlock greater opportunities in the crypto market surpassing blockchain use.

  • Vitalik Buterin predicts AI will transform prediction markets, DAOs, and decentralized exchanges.

  • AI-driven prediction markets could verify social media, assess stock prices, and boost governance.

AI’s potential to reshape crypto far outweighs the reverse,’ argues a crypto expert on X.  He believes that, in the near future, the crypto industry will derive more value from AI than any other sector, and that this impact will eclipse any benefits of using crypto to enhance AI.

The second one is important.

The value that can be unlocked by using AI in crypto is significantly more than using crypto to improve AI.

I would add that in the near-mid term, the crypto sector will unlock more utility from AI than any other industry in the world. pic.twitter.com/GtdP5n47KF

— MilliΞ (@llamaonthebrink) September 24, 2024

AI: A Solution to Crypto’s Challenges

The analyst stated that open-source AI must utilize proof of work mechanisms to ensure sufficient censorship resistance. He added that governments are likely to impose restrictions on advanced AI technologies, potentially mo…

The post AI’s Influence on Crypto to Outweigh the Reverse, Says Expert appeared first on Coin Edition.