Mar 16, 2023

69% Fear AI Taking Jobs: Blockchain to Combat AI Challenges

The rise of artificial intelligence (AI) has been a hot topic of conversation in recent months, with the launch of OpenAI’s ChatGPT chatbot. But while AI has the potential to help automate processes, some are concerned about the potential risks associated with its integration into society.

A survey conducted by sales platform Tidio found that 69% of college graduates believe AI could take their job or make it irrelevant in the coming years. Others have pointed out that the rise of AI will make it increasingly challenging to verify accurate information versus fake news generated by artificial intelligence.

Chelsea Manning – an activist, security consultant for decentralized privacy platform Nym and former army intelligence analyst – discussed the potential risks associated with AI and how blockchain technology can help combat them during an exclusive interview at South by Southwest 2023.

Manning told Cointelegraph that information verification would become a fundamental problem as AI is integrated into society. She believes blockchain technology can help by creating a decentralized list of where information is coming from, who is producing it and where it was created. This can then be verified on a distributed ledger to prove that a particular event historically occurred, resulting in less dispute.

Manning also discussed the importance of cryptography in combating AI challenges and how companies will use it to verify information. She believes that a great battle within the technology space over the next decade is going to be this issue of verification and knowing if the information we are receiving is accurate.

Manning also spoke about the need for an infrastructure approach when it comes to ensuring privacy and security. She highlighted the importance of focusing on supply chain matters, who is developing the technology, who is designing it, etc. She also believes in the added benefit of an open-source architecture, as these standards are common and universal.

Manning also shared her views on cryptocurrency. She was initially interested in Bitcoin when the white paper came out, but she doesn’t view tokens as being assets or the value behind blockchain technology. She believes cryptocurrency is still a proof-of-concept for what is possible down the line with blockchain technology, but not necessarily ripe and ready to change the world.

Finally, Manning discussed the impact of Silicon Valley Bank being overtaken by regulators. She believes this is a seismic event and it goes back to her skepticism of speculative assets in general. She believes this will slow down startups for sure, but existing startups that are able to survive this will be the ones to look out for the most over the next 10 years.

The potential of AI is tremendous, but it is important to remember the potential risks associated with its integration into society. Cryptography, blockchain technology, and open-source architecture can all help to combat the challenges associated with AI, but it is important to be aware of the potential risks and take steps to mitigate them.

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