The crypto space could witness new opportunities and applications as artificial intelligence (AI) and Web3 integrate, according to analysts.
Nansen’s analyst Sandra Leow stated that AI and crypto are both fast-growing domains, and their combination could transform the blockchain landscape.
She said that AI agents could emerge as a key category of blockchain users, and they can observe some instances of this in verification management solutions that leverage zero-knowledge learning technologies such as Modulus Labs.
Furthermore, Gemini’s 2024 Crypto Trend Report indicated that the integration of AI and Web3 could provide various benefits, such as: improving privacy and data ownership; securing and validating human-generated content, and offering a substitute for centralized cloud development, among others.
The report further stated that decentralized crypto can surmount the constraints of centralized AI, resulting in a secure and ethical AI. Web3 innovations could facilitate machine learning with more privacy.
AI could assist the crypto sector to transcend its niche and become a useful and everyday instrument for equitable and democratic participation in technology, finance, and more.
In Gemini’s report, Serotonin’s CEO Amanda Cassatt revealed that her firm is witnessing more projects that concentrate on tracking the source and attribution of digital content.
As AI becomes more proficient in producing realistic content, the difficulty of differentiating between human and AI creations will increase.
Serotonin’s CEO Amanda Cassatt concluded by stating that the AI’s ability to generate more content than humans can ever consume or comprehend will soon make presume that content is fake unless it is verified by on-chain proofs.