As a seasoned analyst with over two decades of experience in the tech industry, I have witnessed the evolution of various technologies and their potential to revolutionize different sectors. The integration of Artificial Intelligence (AI) and blockchain is one such development that holds immense promise, especially in healthcare, as highlighted by Charles Hoskinson’s keynote speech at the Ai4 Artificial Intelligence Conference.
Cardano founder Charles Hoskinson recently gave a keynote speech at the Ai4 Artificial Intelligence Conference. While speaking, he pointed out a few blockchain use cases for Artificial Intelligence (AI). The 36-year-old American entrepreneur handpicked vehicle identity and royalty management, among many others, as top on the list.
AI And Blockchain in the Healthcare Sector
Frequently, top figures in the industry explore the idea of combining artificial intelligence (AI) with blockchain technology. Over time, blockchain has advanced from merely transmitting data, now encompassing value exchange. In essence, AI may utilize blockchain as a foundation for incentives and trust to construct decentralized platforms for data, models, and inference marketplaces.
As a researcher, I am exploring the potential for integrating artificial intelligence (AI) with blockchain technology in the healthcare sector. Such an alliance may significantly enhance the performance of Electronic Health Record (EHR) systems.
As a researcher, I’ve found that integrating Artificial Intelligence (AI) with Blockchain technology could significantly enhance the accuracy of medical diagnoses. This combination could potentially allow us, as practitioners, to catch a high proportion of cases that even the most skilled human doctors might miss. A few years ago, Skychain Global carried out a study in Russia, and their findings demonstrated this potential effectiveness.
In much the same vein, Reddit co-founder Alexis Ohanian has proposed that blockchain might function as a means to authenticate AI-created images. Similarly, Ledger’s Chief Experience Officer, Ian Rogers, has likened blockchain and artificial intelligence to two matching sides of a coin.
Although these applications are commendable, they aren’t without hurdles, and the founder of Cardano noted some specific ones. Initially, both AI and blockchain are grappling with governance matters. In addition to regulatory obstacles, gathering data in the AI field has turned out to be quite complex. This is due to the fact that AI heavily depends on a vast array of computational resources.
Tokenization could help solve this data collection problem, but integrating the two innovative technologies threatens privacy. Many entities believe that it could lead to resource scarcity and determinism. Input Output CTO Romain Pellerin also weighed in, summarizing Hoskinson’s speech.
As a crypto enthusiast, I’ve noticed that the fusion of AI and blockchain has been stalled due to technical incompatibilities and the first-mover dilemma. Yet, I believe innovative solutions are on the horizon, tackling these obstacles head-on, as I recently read on X.
As a seasoned professional with years of experience in both artificial intelligence (AI) and blockchain technology, I had the privilege of attending the Ai4Conferences 2024, where Charles Hoskinson, the founder of IOHK, delivered an insightful keynote on the challenges of merging these two revolutionary technologies.
Artificial Intelligence might employ blockchain technology as a foundation for rewards and trust, allowing it to establish distributed marketplaces for data, models, and computations.
1/n
— Romain Pellerin (@rom1_pellerin) August 14, 2024
Malta’s GO Plc To Increase AI Usage
Furthermore, the ethical implications and moral quandaries surrounding AI technologies remain a significant hurdle for many businesses and governments worldwide. This concern has undoubtedly slowed down the adoption of generative AI technology by some organizations. For instance, in May, Malta’s leading telecommunications company, GO Plc, aimed to boost its daily usage of AI models, highlighting that such technologies are not without their challenges.
Currently, GO Plc employs AI in approximately 20% of its marketing materials and around 30% for coding tasks, thereby lessening the reliance on developers within the company. GO Plc also utilizes AI for drafting its legal contracts, but these are always reviewed by humans prior to implementation. This telecommunications firm is committed to digital transformation, so it’s motivating all of its over 1,100 employees to familiarize themselves with generative AI to boost efficiency.
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2024-08-15 14:14