In a latest publish on the X social media community, Galaxy Digital CEO Mike Novogratz referred to as consideration to a latest publish by Reddit co-founder Alexis Ohanian, wherein the previous describes the potential convergence of synthetic intelligence (AI) and blockchain.
In accordance with Ohanian, one know-how is creating “an indeniable want” for the opposite. He explains that the web is at present inundated with photos which can be generated with the assistance of AI.
Actually, a 2023 examine reveals that 150 years value of photos had been created within the span of only a single yr with the assistance of such text-to-image mills as Secure Diffusion and Midjourney.
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Ohanian envisions a world the place not a single digital image can’t be trusted as a result of proliferation of AI. The know-how is progressing at such a fast tempo that many are already struggling to differentiate between actual and AI-generated pictures. “So, think about a world the place you can’t belief a single JPG you see. You possibly can’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 mentioned.
The Reddit co-founder believes that the blockchain know-how could possibly be used to confirm the origins of a picture’s origin. It might be doable to verify the authenticity of a sure picture by signing an immutable international ledger digitally with one’s gadget.
This may be a fantastic use case for blockchain, in line with Ohanian. “For those who’re a President or a CEO – even for those who’re only a teenage child—it is about to be very, very helpful to show that a picture is yours,” he added.
Blockchain-based verification is nothing new. For example, accounting large Ernst & Younger, as an example, 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.