In a latest put up on the X social media community, Galaxy Digital CEO Mike Novogratz referred to as consideration to a latest put up by Reddit co-founder Alexis Ohanian, wherein the previous describes the potential convergence of synthetic intelligence (AI) and blockchain.
Based on Ohanian, one know-how is creating “an indeniable want” for the opposite. He explains that the web is at the moment inundated with photos which are generated with the assistance of AI.
The truth is, a 2023 research reveals that 150 years value of photos have been created within the span of only a single yr with the assistance of such text-to-image turbines as Steady Diffusion and Midjourney.
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Ohanian envisions a world the place not a single digital image can’t be trusted as a result of proliferation of AI. The know-how is progressing at such a speedy tempo that many are already struggling to differentiate between actual and AI-generated photographs. “So, think about a world the place you can not belief a single JPG you see. You’ll be able to’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 could possibly be used to confirm the origins of a picture’s origin. It might be potential to verify the authenticity of a sure picture by signing an immutable international ledger digitally with one’s system.
This might be a terrific use case for blockchain, based on Ohanian. “If you happen to’re a President or a CEO – even should 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 example, 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.