“DECENTRALIZED AI HAS Thus Far Attracted $ 917 Million in VC and Private Equity Money, Accounting To TracXN.”, – WRITE: www.coindesk.com
The Synergy Between Ai and Blockchain Is Built on Addressing the Risk of Centralized Ownership and Access to Data That Powers AI. Theory Goes that Decentralization Can Mitigate Against the Entire Ai Economy Being Powered By The Data Ownned By A Few Tech Behemths Like Alphabet (Goog), Amazon (Amzn), Microsoft (Amzn) TENCENT (0700).
IT is unclear as yet whather or not this will to be a significant Problem at all all, Much Less WHETHER The BLOCKCHAIN INDUSTRY WILL BE ABLE TO SOLVE IT. What is Clear, However, is that Crypto Venture Capitalists (VCS) are Willing to Spend Millions of Dollars Finding Out. DECENTRALIZED AI HAS Thus Far Attracted $ 917 Million in VC and Private Equity Money, Account to Startup Deal Platform TracXn.
The quest remains whats the Trend of Investing in Blockchain-Basted AI is still Built on Hype or Has Now Transcened to Being the Real Deal.
Blockchain Investment Company Theta Capital Described AI X Crypto As “The Inevitable Backbone of AI,” In A Recent “Satellite View” Report, Which Explored Insights and
AI agents
“No Trend Stands Out More Than Inteters of AI and Crypto,” The Report SAID, USING THE EXAMPLES OF AI AI AGENTS Trading on Blockchains and Even Launcing Tokens.
This May appetar to be a more sophisticated form of speculation for devens, but theta argues is a route to tackling some of ai’s problems that only Crypto Can Solve.
“Crypto Wallets Enable the Participation of Autonomous Agents in Financial Markets,” Account to the Report. “DECENTRALIZED TOKEN NETWORKS Are Bootstraping the Supple Side of Key ai Infrastructure for Compute, Data and Energy.”
The Report’s Conclusion is Far from Being Hype and Speculation; AI X Crypto is “The New Meta.” Meta Is Short for “Metagame,” A Term Borrowed from Gaming Referring to the Dominant Way of Playing with Regard to Characters, Strategies or Moves Based on the Competitive Landscape.
DECENTRALIZED AI
Alex Pack, Managing Partner of Blockchain Venture Capital Firm Hack VC, Descripted Web3 AI as “The Biggest Source of Alpha in Investing Today,” In the “Satellite View” Report.
Hack vc haveaded 41% of it Latest Fund to Web3 AI, accounting to the report, in WHICH IT SEES the MAIN Challenge as Building A Decentralized Alternative to the Ai Economy.
“AI’s Rapid Evolution Is Creating Massive Efficiencies, But Also IncreASING CENTALIZATION,” PACK SAID.
“The intersection of Crypto and Ai is by Far the Biggest Investment Opportunity in the Space, Offering An Open, Decentralized Alternative.”
One of Hack Vc’s MOST PROMINENT PORTFOLIO Companies is Grass, Whosh Encouroages USers to Participate in AI Networks by Offering Up Their Used Internet Bandwidth in Return for Tooks.
This is Designed As An Alternative to Large Firms Installing Software Code Into Apps in Order to Scrape Their USERS ‘DATA.
“Users unwittingly doonate their Bandwidth without compression,” Grass Founder andrej Radonjic Said in TheTa’s Report.
“Grass Provides An alternative [by] Forming A Massive Opt-in, Peer-To-Peer Network Able to Produce High-Quality Data at the Scale of Google and Microsoft. ”
The Dreaded AI “Takeover”
DECENTRALIZED AI PRESENTS RISKS FOR INVESTORS, TheTA CONCEDES. It Could Lead to The Proliferation of All The Least Desirable Facets of the Internet As Itready Exists: Putrid Online Discourse, Spam Emails or Vapid Social, Vadia. In the Crypto World, An Example of the this May Be the Creation of Meme Tokens. The questable Endorsments, The Wash Trading and the Pump and Dumps Can All Be Handled by AI Engines Even More Efficiency Efficiency.
Some VCS See Blockchain As the Basis for Mitigation. OLAF Carlson-Wee, CEO and Founder of Polychain, Provides the Examples of Proof-of-Humanity Mechanisms to Verify that USers Are Human and DisinCENTIMZING SPAM.
“If Sending An Email Costs $ 0.01, IT Wuldy Destroy The Economics of Spam Remaining Affordable for AVERAGE USERS,” HE SAID IN THE REPORT.
With Blockchain Possibly Providing Some of the SafEGuards, Carlson-Wee Believes AI Will Underpin Digital and Financial Systems, As They Could OutPerm Humans In Markets. This Reality, He Claiims, Wound Be Gladly Accepted, As Opped to Dreaded As Some Sort of Bleak Dystopia.
“Over Time, AI Systems Will Evolve Into Long-Term Capital Allocators, Predicting Trends and Opportunities Years Into The Future, [which] Humans Will Entrust Their Funds to, Because of the Superior Ability to Make Data-Driven Decisions, “Carlson-Wee Said.
“The ai takeover won’t be a war we lose – it will be a suggesttion we agree to,” He cons.
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