. By “training” he means getting accustomed to things like regulatory issues, educating others on a weird new tech, and how “you get used to being hated by some portion of the population.”As for how AI and crypto will interact and intersect? “There’s a whole slew of possibilities,” says Whittemore. Some are obvious, some are outlandish, some are hopeful, and some are nightmarish.
“In theory,” of course, is the rub. There are skeptics. “[AI] is not a technology that lends itself to distributed systems,” says Qureshi, because they’re being built by small groups of experts and require a staggering amount of computing power. “They’re not the kind of thing where you can leverage a lot of decentralized resources, like you can with bitcoin mining.”
The large language models of AI make it “easier to attack smart contracts,” says Qureshi. In the same breath, he adds that perhaps AI could also make smart contracts “easier to defend.” He doesn’t yet know which way that will tip -- no one does. The only thing we can say with confidence is that AI will be weaponized by the bad guys and used as a shield by defenders; who wins is an open question.
Okay, perhaps this one isn’t about making anything “better,” but we should acknowledge the concerns and risks of environmental impact. “Just like cryptocurrencies, generative AI platforms also use criminally huge amounts of energy,” says Howson. “The training of ChatGPT consumed 1,287 MW of electricity per hour, producing 550 tonnes of carbon dioxide. That’s equal to a person taking 550 roundtrips between New York and San Francisco.
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