AI and crypto complement each other in several ways gettyTechnology moves in cycles, and while AI might have superseded blockchain and cryptoassets in some circles and market discussions, the reality is that these field are increasingly inter-related. In addition to these challenges, there are several unique characteristics that both AI and blockchain-based tokens (crypto) possess that make them a good fit for each other. Given the fact that crypto, especially bitcoin, remains a decentralized global medium of digital exchange, and that AI protocols remain global and operable 24/7, the utilization of crypto by AI actors also makes sense. Tokenization and blockchain underpinnings are well understood as fundamental to the success of Web3 applications, and AI can make use of both tools to improve the process. AI is not set to drive nor control the development of Web3, but can rather seek out and deploy efficiency solutions to help improve some of the clunkier parts of using crypto for every transactions that currently exist.

Source: Forbes December 03, 2023 14:43 UTC