Venture capitalists suspect that decentralized AI can compete with industry giants.
At a recent conference in Prague, 2 leading venture capitalists Rob Hadik and David Pakman expressed concern about the role decentralized crypto projects could play in competing with large #AI companies such as OpenAI and Microsoft.
the merger between #cryptocurrencies and AI has led to major investments, but both venture capitalists warned that cryptocurrencies may not be the right time to disrupt the AI giant.
Hadik expressed skepticism about the typical approach of crypto projects, which often seek to move non-blockchain services onto the #blockchain . In his opinion, the real value of artificial intelligence for cryptocurrencies is that it can improve the development of decentralized applications and increase efficiency, but it is not necessarily a game changer. This is in.
Pakman, on the other hand, was aware of the powerful impact of artificial intelligence on software development, especially in #Web3 , and its potential to improve infrastructure, security and application behavior in a decentralized ecosystem. But both he and Heidick agree that decentralized AI will not be able to challenge centralized players in the near future.
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Pacman also highlights the potential of Web3 to decentralize access to AI resources, suggesting that while centralized systems currently dominate, cryptography can help create a more equitable future by decentralizing the computing power needed for large-scale AI models.
We also touched on agent-based AI, which can perform tasks autonomously for users. Heidik remains wary of these projects, comparing them to the hype surrounding cryptocurrencies in 2021, but they ultimately failed to live up to expectations.
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