The launch of ChatGPT caused an uproar and sparked a heated debate about the dangers of artificial intelligence.
The White House recently convened technology industry leaders to the table and reiterated their “moral obligation” to protect the public from the risks of this evolving technology.
Meanwhile, the “grandfather of AI” Jeffrey Hinton has resigned from his role at Google, warning of the “existential risks” machine learning could pose to humanity.
Experts warn that digital intelligence could give bad actors the power to spread misinformation and replace thousands of jobs, causing widespread unemployment.
Some even fear that in apocalyptic visions, when AI becomes smarter than humans, we could face scenarios reminiscent of famous ones. i robot A movie starring Will Smith. A humanoid robot stands up against its human master.
Video: Robot artist speaks to UK Parliament
In fact, anyone who has tried ChatGPT, the AI chatbot developed by OpenAI, would agree that its capabilities are quite remarkable, even in its early stages of development.
It’s not hard to imagine this helpful chatbot evolving into super-intelligent technology that humans can’t match.
But in our fear of the unknown, we are overlooking the huge potential for AI to change our daily lives for the better.
Rather than sounding the alarm about job losses, we need to step back and consider the bigger picture.
AI will eventually automate simple, repetitive tasks, allowing humans to focus their energies on tasks that require imagination, creative thinking, and careful research.
Instead of spending time on routine tasks such as data entry, word processing, and customer service, humans will rely on AI to solve complex problems, reduce errors, and ultimately increase productivity.
People who fear AI fear change, but change equals progress.
The arguments against AI that we hear today are the same arguments put forward against the Industrial Revolution that began in the 18th century.
But without it, there would be no electricity, modern medicine, or the technological developments that are the necessities of modern life.
Of course, major advances in technology lead to fundamental reforms in the labor market, and AI is no exception.
However, the opportunities created by AI will undoubtedly offset short-term job losses. The World Economic Forum predicts that 85 million jobs will be lost by 2025 due to AI, but the technology also predicts that 97 million new jobs will be created. Masu.
Separate research shows that investments in AI are helping companies transition to a more highly educated workforce, with more employees earning college degrees and more employees working in strategically important STEM fields (science, technology, Engineering, Mathematics).
Rather than bemoan its potential dangers, we should embrace the technology that drives this innovation.
Changing the world of cryptocurrencies
In addition to fostering intellectual development, machine learning can inject much-needed efficiency into most areas of the economy, from hospitality to investment banking and, above all, cryptocurrencies.
In fact, when cryptocurrencies and AI work together, they truly become a force to be reckoned with. AI has the power to remove friction from the cryptocurrency user experience, ultimately enabling a seamless end-to-end Web3 journey.
No more tedious transaction approval processes or navigating between applications.
Artificial intelligence automates time-consuming background operations of cryptographic protocols, allowing end users to enjoy an Amazon-like one-click experience.
This removes one of the major obstacles to the mass adoption of cryptocurrencies and paves the way for digital asset ecosystems to replace traditional financial systems that are no longer fit for purpose.
Potential applications for AI span the entire cryptocurrency sector, from data providers to investment tools.
For example, AI bots can trawl blockchain data to provide valuable insights, look for attractive yield opportunities across markets, and use them to build investment portfolios.
In effect, AI becomes a cheaper, non-custodial alternative to expensive investment advice and money management, opening up a world of investment opportunities to people who could not previously afford to invest.
As bots become more intelligent, they will be able to take over routine actions such as staking, unstaking, and approving trades, freeing investors and traders to make important strategic decisions. It will be.
Cryptocurrency — See in pictures
The juxtaposition of man and machine is an outdated science fiction concept designed for cheap entertainment thrills.
In fact, AI will improve our lives and take industry, technology, and service sectors to the next level.
New opportunities will emerge that we could never have dreamed of before the advent of machine learning. Rather than threatening humanity, AI will ultimately liberate us.
Stefan Rust is the CEO and former CEO of Torflation, an independent inflation data aggregator. bitcoin.com
Updated: May 10, 2023, 4:00 AM