Cryptocurrency

Bridging Crypto and AI: Enhancing Safety and Unlocking Potential

A unique synergy between the quickly developing fields of cryptography and artificial intelligence (AI) can solve some of the most critical problems facing AI today. AI is increasing, reaching significant milestones like AlphaFold2 and ChatGPT, but it also runs into complex ethical and safety issues. In the meantime, the crypto community provides methods and ideas that may lessen these concerns because of its strong roots in security and decentralisation. We may picture a future where artificial intelligence (AI) is solid and transformational and aligned with humanity’s best interests, ensuring its benefits are adequately harnessed. This can be achieved by leveraging the security knowledge of the crypto community.

AI Safety Concerns

The rapid advancement of AI has raised questions about its possible hazards. The development of Artificial General Intelligence (AGI), a level of AI that can carry out any intellectual work that a person can, is one of the biggest concerns. Prominent AI safety researcher Eliezer Yudkowsky cautions that this kind of AGI might be an existential threat to humanity. To mitigate the hazards connected with AGI, he thinks that people with good expertise in security and cryptography could be critical in ensuring that AI aligns with human values and goals.

The Challenges of AI Safety

It gets harder to ensure AI is safe as it gets more powerful and centralised. Concerns over the development of AGI are raised by the drive for more generalised AI, which is demonstrated by developments like GPT-4. AGI safety is a complex topic that includes computer security (keeping AI systems safe from hostile attacks), alignment (making sure AI aims reflect human values), and coordination (promoting collaboration among AI developers to avoid damaging competition). According to Experts at Bitcoin Decode, the main difficulties in establishing and conveying human values to AIs and protecting AI systems from various threats are particular to each domain.

Secure Multipolar AI

One possible countermeasure to the risks posed by an all-powerful single AGI (an AGI singleton) is the idea of a safe multipolar AI scenario. A multipolar scenario imagines a world where various AI systems and human agents collaborate safely to create a collective superintelligence instead of one dominant AI. By distributing intelligence and decision-making and utilising the security and cryptography expertise of the crypto community, this strategy lowers the possibility of a single point of failure or hostile dominance while ensuring the safety of these interactions.

How Security and Cryptography Can Tame AI Risks

Cryptography and security can be essential in reducing the hazards associated with AI. For instance, red-teaming, famous in the crypto world, simulates cyberattacks to find weaknesses in AI systems. Anti-collusion methods, which use crypto’s expertise in thwarting network manipulations such as Sybil attacks, stop AI systems from plotting against human interests. Furthermore, by building checks and balances resembling constitutional norms, AI systems can prevent any AI entity from growing too dominant. Security and encryption offer the technological means to carry out these ideas.

Is AI Good for Crypto?

Beyond security, cryptography and security can open up new, advantageous uses for artificial intelligence. The processing of sensitive data without compromising privacy is made possible by privacy-preserving AI approaches like homomorphic encryption, which opens new applications for AI in finance and healthcare. Local knowledge can be used through marketplaces inspired by cryptocurrency to improve the quality of data utilised in AI models, increasing its relevance and accuracy. AI that operates on encrypted data, or encrypted AI, can offer new intelligence levels and security, enabling cooperation without disclosing confidential information.

Crypto Community’s Response to AI and Their Use

The cryptocurrency community has proactively responded to AI development, understanding the hazards and potential it brings. Many community members are investigating how to incorporate AI into blockchain and cryptocurrency initiatives to increase security, make better decisions, and automate laborious procedures. AI is being used, for example, to identify fraudulent transactions and protect wallets from hacking attempts.

On the other hand, the crypto community is also worried about the possible exploitation of AI, especially about centralisation and privacy. Developing decentralised AI systems that protect user privacy and avoid power concentration is becoming increasingly important. To enable anybody to access and contribute to AI algorithms without relying on centralised bodies, projects such as SingularityNET seek to establish a decentralised marketplace for AI services.

Furthermore, the blockchain community is eager to use AI to improve the efficiency and scalability of blockchain networks. Research is being done on AI algorithms to optimise consensus processes and lower mining operations’ energy usage.

In general, the crypto community responds to AI in various ways, emphasising the use of decentralisation, security, and privacy-enhancing technologies to maximise AI’s promise and reduce its risks.

Combining the knowledge of the crypto community with the rapidly developing field of artificial intelligence presents exciting opportunities to tackle the intricate problems of AI safety and realise new possibilities. We may picture a future in which AI is powerful and in line with human values and safely incorporated into society by utilising the advantages of cryptography, security, and decentralisation. The joint endeavours of these two fields will be pivotal in moulding a fair and advantageous course for advancing artificial intelligence.

Comments
To Top

Pin It on Pinterest

Share This