In a recent Yahoo Finance Future Focus episode, Jasper De Maere from Outlier Ventures discussed the merging of artificial intelligence (AI) and blockchain technology. With 2023 witnessing significant AI advancements, such as ChatGPT and Google Bard, De Maere highlighted how these technologies primarily operate on centralized infrastructure. He pointed out the issues this centralization brings, including data privacy and security concerns, and the necessity for democratized access. Blockchain, according to De Maere, offers solutions by decentralizing data storage and infrastructure, enhancing data privacy, security, and access equality. Furthermore, blockchain can address intellectual property rights protection, acting as an immutable and transparent database for verifying the authenticity of digital assets against intellectual property registers. This convergence of AI and blockchain, De Maere argued, could pave the way to a more secure and equitable internet, transitioning from the limitations of Web2 to the potential of Web3. You can watch the video here.
