Blockchain

AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder’s Stunning Prediction

In a latest put up on the X social media community, Galaxy Digital CEO Mike Novogratz known as consideration to a latest put up by Reddit co-founder Alexis Ohanian, through which the previous describes the potential convergence of synthetic intelligence (AI) and blockchain.

In line with Ohanian, one know-how is creating “an indeniable want” for the opposite. He explains that the web is presently inundated with photos which can be generated with the assistance of AI.

The truth is, a 2023 research reveals that 150 years value of photos had been created within the span of only a single 12 months with the assistance of such text-to-image mills as Steady Diffusion and Midjourney.

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Ohanian envisions a world the place not a single digital image can’t be trusted because of the proliferation of AI. The know-how is progressing at such a fast tempo that many are already struggling to tell apart between actual and AI-generated photographs. “So, think about a world the place you can not belief a single JPG you see. You may’t know if it is actual or not, if it was taken by somebody who says they took it, or if it depicts one thing actual,” the entrepreneur stated.

The Reddit co-founder believes that the blockchain know-how could possibly be used to confirm the origins of a picture’s origin. It will be attainable to substantiate the authenticity of a sure picture by signing an immutable international ledger digitally with one’s machine.

This might be an awesome use case for blockchain, in response to Ohanian. “In case you’re a President or a CEO – even in case you’re only a teenage child—it is about to be very, very priceless to show that a picture is yours,” he added.

See also  Billionaire Mike Novogratz Says Bitcoin Setting Up for ‘Wonderful Story’ Amid Several Bullish Catalysts

Blockchain-based verification is nothing new. As an illustration, accounting large Ernst & Younger, as an illustration, launched a blockchain-powered service for detecting faux sake again in 2020. Norwegian fisheries additionally began counting on IBM’s blockchain tech for monitoring salmon and battling seafood fraud.

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