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AI and Web3 Technologies Converge in 2024 #FutureTech

The Intersection of AI & Web3 Technologies in 2024 | by Charlie McCombie | Jun, 2024

AI integration with Web3 technology offers significant benefits in terms of authenticity, identity, ownership, and incentivization. Chainlink’s Functions platform is a key tool for smart contract developers looking to integrate AI models on-chain, leading to innovative applications in the future. The use of AI in generating disinformation poses risks, but Web3 solutions such as binary classifiers and zero-knowledge machine learning can help verify truth and authenticity in data. Additionally, decentralized identities can enhance the feedback process in AI models, reducing the risk of subversion.

Web3 technology can also address ownership issues in AI-generated content, allowing creators to establish ownership and license their work transparently. Incentivization mechanisms, such as NFT-based music royalties systems, can ensure fair compensation for original creators when AI is used in the creative process. Furthermore, Web3 solutions can address data accessibility and privacy concerns in sectors like healthcare, enabling the development of personalized AI assistants while compensating patients for their data.

Overall, the integration of AI with Web3 technology has the potential to revolutionize various industries and improve decision-making processes. By leveraging blockchain technology and decentralized systems, we can create a more transparent, fair, and secure environment for AI development and deployment. It is crucial to embrace these innovations to ensure the decentralization and democratization of AI technology for the benefit of society as a whole.

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Source link: https://medium.com/@charliemccombie/the-intersection-of-ai-web3-technologies-in-2024-3f8becba536e?source=rss——ai-5

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