Vitalik Buterin spoke about the prospects for interaction between cryptocurrencies and AI.

Ethereum co-founder Vitalik Buterin identified four promising opportunities at the intersection of cryptocurrency and artificial intelligence technologies that have emerged in recent years.

According to him, the advantages of the synergy of two breakthrough areas are quite obvious. For example, blockchain can compensate for the centralization of AI, provide transparency, storage and security of data.

However, it was only with the advent of modern large language models, as well as powerful scaling solutions in the crypto industry and technologies like ZKP ,FHEorMPCTruly deep integration opportunities have emerged, the expert believes.

Buterin looked at the prospects and risks of using AI as an actor, an interface, the rules themselves, and the ultimate goal.

He considers the first option the most viable. As an example, the programmer cited the possibility of reviving the stagnating segment of decentralized predictions. Due to poor monetization, truly competent experts avoid these markets.

Inexpensive to operate, AI-based “participants” can create a strong forecasting sector through mass participation and competition, Buterin is confident. Human participation will only be needed in difficult arbitration situations, he pointed out.

Buterin considers the second option of technology synergy promising, but not without certain risks. The use of AI in blockchain application interfaces involves assisting users. 

This is partly implemented, for example, in the MetaMask wallet , which warns about possible fraud. Another application, Rabby, shows the consequences of a planned transaction.

Buterin emphasized that AI can really serve as a mentor in such cases. But there is also a potential risk due to the possibility of attackers using the technology for their own purposes.

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