Vitalik’s Vision of Where AI Meets Crypto

TL;DR

• Ethereum founder, Vitalik Buterin (aka ETH Daddy), just gave his two cents on where AI and crypto best intersect.

• [Idea 01 ] Use AI as a way to better predict crypto prices.

• [Idea 02 ] Use AI as a way to better detect scams.

• [Idea 03 ] Take humans out of the equation and let AI make the decisions.

Full Story

Ethereum founder, Vitalik Buterin (aka ETH Daddy), just gave his two cents on where AI and crypto best intersect.

And while we love him — the man is anything but concise.

So we’ve summarized his three main ideas, which start off in the category of ‘safe and well suited,‘ but quickly progress towards ‘cool, but very risky.’

Confused? Here’s what we’re on about:

[Idea 01 ] Use AI as a way to better predict crypto prices.

(Safe, well suited, and probably already being done).

[Idea 02 ] Use AI as a way to better detect scams.

Cause most users can’t/shouldn’t have to read/scrutinize smart contract code to figure out if a transaction request is malicious or not.

(Downside risk: users could get complacent).

[Idea 03 ] Take humans out of the equation and let AI make the decisions.

Whether you’re trading/investing your own money, or voting on how to spend shared funds (say, in a DAO) — some folks dream of being able to take themselves out of the picture, and automate it all away using an array of highly trusted AI models.

Sounds ‘cool, but very risky Skynet-y.’

That’s the basic gist!

(If you want to read the full article, you can do so here).