Crypto x AI? The Blockchain Projects Offering A Fix for AI’s ills

Snapshot:

  • AI is experiencing serious growing pains: resource monopolies, opaque decision-making, and data privacy pitfalls. Blockchain offers a fix by creating tamper-proof ledgers for data and computations, peer-to-peer marketplaces, and data set tokenization.
  • Fusing AI and crypto promises massive economic gains, with an emerging group of blockchain projects poised to be part of a trillion-dollar machine economy by decade’s end.

Two juggernauts are colliding, and the fallout could mint trillions. AI is rewriting the rules for everything from trading algos to meme coins, but it has issues: black-box opacity, data hoarding, and a GPU crunch that’s centralizing power. A wave of projects thinks blockchain could be the remedy. Crypto is already using AI. Could AI use crypto?

Asset manager Bitwise predicts an AI-crypto mashup could lead to a $20 trillion GDP boost by 2030. Its analysts think blockchain could supercharge data governance and LLM scalability while AI returns the favor, making crypto smarter and faster. 

There’s potential edge in knowing how crypto is unclogging AI’s biggest bottlenecks. Here’s why your portfolio might need an AI-blockchain upgrade.

GPU Wars: AI’s Centralization Headache Meets DePIN Rescue

AI’s compute layer is a monopoly mess. Just two firms, OpenAI and Anthropicpull in 88% of AI-native revenue. Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Google (NASDAQ:GOOGown 63% of cloud infra, while NVIDIA’s (NVDA) grip on 94% of data-center GPUs has the Mag7 posting double-digit earnings pops. The rest of the S&P 493? Barely beating inflation.

This isn’t just Big Tech flexing. AI model training already guzzles 2% of global electricity and the Mag7 are demanding more. AI’s concentration of power (literal and figurative) could lock out indie devs and startup firms. Blockchain’s answer? Decentralized Physical …

Full story available on Benzinga.com