Hoskinson Sees Crypto Absorbing AI in Next Decade
Cardano founder Charles Hoskinson believes that cryptocurrency and blockchain technology could eventually absorb much of the artificial intelligence industry, as decentralized networks can solve several challenges facing AI developers. Speaking on the Deeptech Insights podcast, Hoskinson compared the emerging relationship between crypto and AI with cryptocurrency's earlier impact on cryptography.
In his view, cryptocurrencies will 'eat' AI because they solve problems that AI cannot, such as payments, AI alignment, and data provenance. He also questioned whether the current pace of AI infrastructure spending is sustainable, pointing out that data centers continue to surge while electricity grids face limits on expansion.
Hoskinson suggested that blockchain networks could provide decentralized payment systems, governance frameworks, and tools for tracking the origin of AI-generated or AI-assisted content. He also proposed automating royalty payments when artificial intelligence systems use copyrighted material.