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Emad Mostaque - The Future of Crypto is AI
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Emad Mostaque - The Future of Crypto is AI

Secret3 Secret3 October 16, 2024 3 min read
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Emad Mostaque - The Future of Crypto is AI
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1. AI Is Outpacing Crypto Significantly

Emad emphasized that AI development is significantly outpacing crypto, suggesting AI's time is about three times that of crypto. Given the exponential growth in AI research, he urged the audience to keep abreast of significant advancements by using tools like Google’s notebook LM to facilitate understanding complex topics. As technology rapidly evolves, staying informed becomes essential for anyone involved in crypto or AI.

2. Transition from Files to Flows

Emad introduced the concept of transitioning from files to flows in AI systems. This means moving towards creating AI models that maintain memory and state, allowing them to generate intricate outputs based on a continuous stream of interactions rather than isolated datasets. This improvement in memory capacity could lead to more engaging and intelligent applications, including practical tools for managing crypto taxes, a task that many find cumbersome.

3. Importance of Self-Sovereign Intelligence

He drew parallels between self-sovereignty in cryptocurrency and the need for self-sovereign intelligence in AI. With the rapid advancement of AI technologies, the idea of “not your models, not your mind” becomes critical. As Emad pointed out, the question arises about who builds the AI that influences our lives, underlining the importance of retaining control over intelligent systems to ensure they align with personal and societal values.

4. AI's Impact on Human Intelligence Quotient

Emad showcased data suggesting that the average global IQ could see an increase with the widespread adoption of AI. By optimizing AI to perform tasks that traditionally required significant human effort, there could potentially be a democratization of knowledge and expertise, affecting societal structures and relations. The notion that everyone could leverage AI that performs at a high cognitive level could redefine expectations around human capability.

5. Evolution of Smart Contracts

Beyond noting that smart contracts currently lack intelligence, Emad highlighted the potential for integrating AI to create intelligent contracts that adapt to the user's intentions. This innovation can transform the crypto landscape by ensuring that transactions are executed as intended, thereby increasing trust and reducing exploitation opportunities inherent in current systems. The future could witness a shift toward AI-managed and audited smart contracts enhancing reliability in cryptocurrency transactions.

6. AI and Blockchain Synergy for Resilience

Emad discussed how integrating AI can improve the resilience and coordination of blockchain systems. By employing AI agents that monitor transactions and interactions in real-time, he expressed that future blockchain developments could route around failures and enhance redundancy without human limitations. This alliance could lead to robust systems capable of scaling effectively compared to traditional methods of operation.

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