ChainCatcher news, according to Cointelegraph, Mirza Uddin, head of business development at DeFi platform Injective, pointed out that most encrypted AI projects lack a solid foundation. He believes that there is almost no actual artificial intelligence production in the encryption field, and many so-called "AI applications" are just basic ChatGPT wrappers or high-end white papers.
Basel Ismail, CEO of Blockcircle analytics firm, similarly said that most crypto AI projects abuse terminology for financial gain, renaming fields like machine learning and data science as “AI.” Tegan Kline, CEO of Edge and Node, emphasized that projects with solid infrastructure and a firm vision will see long-term benefits outside of the AI bubble.
