Lucky Ali here. Let’s cut through the noise and talk about what actually matters. No doubt both crypto and AI have their own fanbase, but now it is becoming a monster when they are combined. how? We are going to talk about it here. This is not just a hype driven narrative, but this is a killer duo, or you can say synergy. Upcoming big projects are taking AI+Crypto, and developments will be based on these technologies. They are coming ahead, and already they started growing.
Now let's talk about the technology AI is all about pattern recognition, automation, and intelligence, and crypto means transparency, ownership, and decentralization. AI can optimize multiple things on blockchain and crypto by analyzing and solving the problems, and for finance and ownership, crypto can help a lot. Also, it can reduce manipulation and provide data sources that are verifiable.
Decentralized AI is now coming out because centralization in AI is not good because the owner own huge database through AI, and this is not good, so such companies are very powerful because they own data. To reduce over-centralization, equal distribution is very important here, and power should be divided. A decentralized model can allow users to contribute to AI; they can contribute to data, and there are many things. This approach helps to get paid to the users. So new earning opportunities will be there through AI+crypto, and at the same time, the power will be distributed.
This looks like an amazing model, but reality may be different because companies focus more on marketing rather than innovation that can change the world and bring new innovations. The problem is that there is an alternate option available that projects are using and avoiding blockchain for data verification, so there is a mismatch in this field. Now, only time will tell in which direction this will go.
There are many other improvements and strong governance required because AI is driven by data, and data comes from different soruces and it s not guranteed that that data is true. once transaction is made, then it is irreversible on the blockchain it can save data permanenetly so there is a problem that needs to be solved. So we can say there is risk too.
Now the question remains in our mind whether it is hype or a great combo/synergy? Then I want to say 'both'. This is still early, guys, and there are lots of experiments that will be done in this field. But there is one thing, and that is great potential when they both get combined because both of them are next-level technologies and grow in their fields.
The project that will solve real problems using these technologies can win in this field. Now our eyes should be on that type of future project that can bring features that can solve real problems.
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| Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family ♥ |
