Exploring the future of AI: The power of decentralization

Exploring the future of AI: The power of decentralization

Impact of Decentralization

AI is increasingly impacting our lives, yet grasping its societal ramifications remains difficult. With firms employing machine learning and deep learning to improve business practices, the word AI has developed to cover narrow AI, superintelligence, and AGI. AI advancements have benefited organizations across industries, notably in the Web3 arena, where its future development potential is particularly interesting.

Although AI has the potential to revolutionize industries such as marketing and finance, its popularity raises worries about centralization. As AI advances, it gets more expensive, resulting in the rise of decentralized AI. There are now more than fifty blockchain-based AI startups, according to CoinGecko, with many people anticipating this number to rise enormously in the coming years. In 2023, companies are leading the progress. People like public blockchains since they are frequently regulated by the community rather than a centralized authority. Code becomes law, introducing a degree of distrust rarely seen in other businesses. READ MORE

Centralization and decentralization

Centralization, like the rest of it, can sometimes be a bad thing, but it does present certain challenges when it deals with AI.