Exploring the transformative potential of AI and blockchain integration
Summary:
The integration of artificial intelligence (AI) and blockchain has sparked both enthusiasm and concern. Key industry figures suggest that these two technologies can supplement each other to benefit humanity. Some experts believe blockchains, with their immutable, secure ledgers and smart contracts, can provide safeguards for AI, ensuring responsible use. A recent survey indicated that 48% of IT leaders across the U.S., Europe, and China believe that the fusion of AI and blockchain can transform the industry, enhancing data security, transparency, and efficiency. Specialists debate whether blockchain could help mitigate risks associated with Artificial General Intelligence (AGI), potentially serving as a "kill switch" for out-of-control AI models. Notably, the integration of AI and blockchain technology seems to be particularly favored in China.
The integration of artificial intelligence (AI) and blockchain technologies has generated both excitement and apprehension. The potential for AI and blockchain to complement each other for mankind's benefit has been hypothesized. Vitalik Buterin suggested back in 2016 that both crypto economics and AI safety endeavored to manage complex, intelligent systems with unpredictably changeable properties, using unchangeable, straightforward mechanisms. For instance, once activated, a smart contract cannot be altered.
Increasing apprehension has stemmed from the emergence of generative AI tools such as ChatGPT, generating fears that AI might spiral beyond human control. There are scenarios where autonomous weapons systems could elude human regulation. In contrast, hopes are rising that the use of blockchains and smart contracts can keep AI models from straying off track.
At the recent SmartCon 2023 conference, Allison Duettmann, president of the Foresight Institute, stated everyone working in crypto has a distinct role to play in ensuring beneficial advancements in artificial general intelligence (AGI), which might be closer than anticipated. Furthermore, a new survey commissioned by Casper Labs has shown that about half (48%) of the surveyed IT leaders across the United States, Europe, and China believe that the fusion of AI and blockchain technology could revolutionize the industry by enhancing data security, transparency, and efficiency.
Blockchains, with their unchangeable, secure ledgers and smart contracts, could provide safety measures for AI implementations, guaranteeing responsible artificial intelligence. They can serve as a "kill switch" for runaway AI models, according to some. In the survey by Zogby Analytics commissioned by Casper Labs, 71% of IT leaders view blockchain and AI as complementary technologies, and 51% of organizations use blockchain to work efficiently with AI.
Additionally, U.S. President Joe Biden issued an executive order on Nov. 1 establishing new AI safety and security standards, creating momentum towards AI governance. To bypass scaling obstacles, Casper Labs suggests a solution involving both private and public blockchains. However, despite Casper Labs' optimism about blockchain serving as a solution to AI's "black box" problem, others, like Samir Rawashdeh of the University of Michigan, contend that while a blockchain might help ensure data integrity, provenance, and transparency, it does not make the decision-making process more understandable.
The role of blockchain in preventing artificial general intelligence from taking destructive actions is a topic of discussion. According to Mrinal Manohar, CEO and co-founder of Casper Labs, blockchains could be potent kill switches for AI models. However, skepticism persists alongside budding interest and increased funding proposals for AI/blockchain projects.
In China, the melding of AI and blockchain technologies appears to be particularly favored, with 68% of IT respondents agreeing with its revolutionary potential. Comparatively, only 48% in the U.S. and 34% in Europe share this view. When asked whether the alliance of AI and blockchain could be blockchain's "killer app", Manohar said that with no pre-existing governance system in AI, it is ripe for innovation and could indeed be the breakthrough application for blockchain technology.
Published At
11/21/2023 2:01:00 PM
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