In a recent blog post, Ethereum co-founder Vitalik Buterin explores the integration of artificial intelligence into cryptocurrencies, examines potential uses, and warns of the risks involved.
Buterin sees AI as an actor within blockchain protocols, the most viable application of which would be to allow mechanisms to operate at a more granular microscale. Integrating AI actors is a promising and relatively straightforward approach as it preserves the existing design of the underlying mechanisms.
Using AI as an interface to protocols is considered to have high potential. However, Buterin warns that this application comes with certain risks. Although the role of AI interfaces in this context is not fully detailed, its impact suggests a complex interaction between users and blockchain technology.
The third aspect involves AI being the very rules of the blockchain system. This approach appears to be more difficult due to the complex nature of incorporating AI directly into the governance and operational rules of blockchain networks.
Buterin also explores the concept of AI as an end goal within cryptocurrencies. In particular, he acknowledges that such applications hold promise in enhancing the safety of AI and avoiding the centralization problems prevalent in mainstream approaches. However, he also warns of potential pitfalls and the need for careful implementation, especially in high-value, high-risk scenarios.