The current AI hype is driven by better results on data and images produced by the combination of access to large amounts of structured/unstructured data, cheap storage, cheaper processing power, algorithms and design systems. Generative AI humanizes internet experience for users whereas blockchain isn’t able to do that yet. In an AI-driven digital world, a user may not be able make out the difference between original vs deep-fake or algorithm generated content. That’s where blockchain can help prove digital identity and confirm the authenticity of people, processes, posts and all things digital. Another killer-app for blockchain adoption could be decentralized social media and gaming which brings together culture and community, but this is in the early stages of development.
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Douglas Arner, Professor at Hong Kong University and Huy Nguyen Trieu, Co-founder, CFTE discuss why are we having an AI moment now and if will we see similar moment for blockchain.
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