As a seasoned researcher with a decade-long career in tech and finance, I find the emergence of DAIS (Decentralized AI Society) both intriguing and promising. The intersection of blockchain and artificial intelligence is a space that has long piqued my interest, and the potential for decentralization to combat the growing threat of centralization in AI models is something I believe could revolutionize the tech landscape.
A recently established organization called the Decentralized AI Society (DAIS), which focuses on the intersection of blockchain technology and artificial intelligence, has plans to initiate a regulatory trial in Bermuda and set up an AI investment fund next year. According to Michael Casey, who is both a co-founder and chairman of DAIS, he shared this information during an interview with CryptoMoon.
The two individuals strive to counteract the impending danger of centralization in artificial intelligence systems, as these systems are rapidly becoming integrated into our society. (This sentence attempts to simplify and rephrase the original statement with a more conversational tone.)
In regard to the AI fund, DAIS is investigating methods for decentralized economic communities to gather funds efficiently, all while avoiding pitfalls similar to those encountered in conventional venture capital systems, according to Casey’s statement.
Casey mentioned that tokenization could significantly contribute by facilitating shared ownership and development, all without the need for centralized management.
In the meantime, Dais is planning to test a novel AI governance framework in Bermuda, with the intention of establishing guidelines suitable for decentralized entities, as Casey explained.
He mentioned that the current policies, which primarily support centralized registration methods, aren’t compatible with decentralized structures.
Initiated in September, DAIS serves as a navigational tool for shaping policy and technological advancement where AI and Web3 technologies intersect.
The goal is to act as a balancing force against major AI developers like OpenAI and Anthropic, who are anticipated to influence regulatory structures over the next few years, according to Casey’s expectations.
Key figures are advocating for regulations, frequently with the aim of making their methods the industry norm, a move that might marginalize other contenders,” Casey stated.
AI projects backed by blockchain technology have garnered growing attention from VC firms specializing in cryptocurrency, with investments amounting to approximately $213 million in AI-focused startups during the third quarter of 2024, as per Messari, a crypto research institution.
Investors focusing on liquid tokens have found Agentic AI gaining traction as interest, following the donation of 50,000 dollars’ worth of Bitcoin (BTC) by a16z co-founder Marc Andreessen to Truth Terminal – a semi-autonomous AI entity – in July.
Following their launches, innovative AI-focused tokens like Goatseus Maximus (GOAT) and AI16Z have been rapidly accumulating a multi-billion dollar market valuation.
AI and blockchain integration is set to revolutionize the digital economy, leading us towards a future where intelligent AI entities can engage directly with people within the decentralized web known as Web3. This prediction was made by Coinbase Ventures in October.
Coinbase Ventures anticipate a future scenario in which agents will independently handle transactions using cryptocurrency wallets, or they may utilize stablecoins to compensate humans and other agents for completing tasks that contribute to their primary goals.
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2024-11-25 23:36