AI and Blockchain: The Future of Decentralized Autonomous Organizations (DAOs)
Summary:
AI and blockchain technology are set to revolutionize decentralized autonomous organizations (DAOs), according to Vance Spencer, co-founder of Framework Ventures. AI has the potential to bring true autonomy to DAOs, eliminating the need for human intervention. MakerDAO is planning to leverage AI tools to enhance governance processes. Tokenized AI models could become valuable assets on the blockchain, while decentralized computing marketplaces can benefit from the integration of crypto and AI. Blockchain technology also provides a means for auditing and verifying AI-generated information.
Decentralized autonomous organizations (DAOs) may find the missing piece in artificial intelligence (AI), as it has the potential to bring true autonomy to these organizations, according to Vance Spencer, co-founder of Framework Ventures. Speaking at Korea Blockchain Week, Spencer shared four predictions about the intersection of AI and blockchain technology. He believes that AI is necessary to make the concept of DAOs work, as current DAOs still rely on human intervention. MakerDAO, for example, is planning to use AI tools to improve governance processes. Additionally, Spencer sees tokenized AI models becoming valuable assets on the blockchain, with examples like AI Arena's game AI models. He also highlights the role of blockchain in decentralized computing marketplaces, where buyers can purchase computing power from providers. Blockchain technology can also play a crucial role in auditing and verifying AI-provided information.
Published At
9/6/2023 5:38:00 AM
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