In a current publish on the X social media community, Galaxy Digital CEO Mike Novogratz referred to as consideration to a current publish by Reddit co-founder Alexis Ohanian, wherein the previous describes the potential convergence of synthetic intelligence (AI) and blockchain.
In response to Ohanian, one know-how is creating “an indeniable want” for the opposite. He explains that the web is at present inundated with pictures which can be generated with the assistance of AI.
In truth, a 2023 research reveals that 150 years price of pictures have been created within the span of only a single 12 months with the assistance of such text-to-image turbines as Secure Diffusion and Midjourney.
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Ohanian envisions a world the place not a single digital image can’t be trusted because of the proliferation of AI. The know-how is progressing at such a speedy tempo that many are already struggling to tell apart between actual and AI-generated photographs. “So, think about a world the place you can not belief a single JPG you see. You may’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 stated.
The Reddit co-founder believes that the blockchain know-how might 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 system.
This might be an ideal use case for blockchain, in accordance with Ohanian. “Should you’re a President or a CEO – even when you’re only a teenage child—it is about to be very, very precious to show that a picture is yours,” he added.
Blockchain-based verification is nothing new. As an illustration, 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.