'Crypto and blockchain address a societal challenge that has been with us since the start of the internet. But, now, in the age of AI, when uncertainty over information is going stratospheric, it’s an even more urgent matter,' says mikejcasey. Opinion.
I see this harmful, reductionist simplification of “Web3,” “blockchain” and “crypto” stemming from a fundamental failure to identify the core, unifying feature of all projects that end up under those labels. To me, the commonality is that they all use a novel system of distributed record-keeping and incentives to deal with the basic problem of human trust around information.
Back then, the messaging should have been about information, about sharing data, about protecting privacy – in essence, the primary concerns of thewhose mailing list Satoshi Nakamoto used to unveil the Bitcoin white paper in October 2008. There were, of course, many early Bitcoin believers, including Ethereum founder Vitalik Buterin, who got it. They recognized that this decentralized data architecture could be applied to the myriad problems we face in sharing valuable information in the digital age.
Please don’t accuse me of naive “blockchain fixes this” hand-waving. The challenges of the AI moment are daunting, from protecting copyright in the inputs of large language models , to avoiding racial bias in their outputs, to thefostered by our current inability to distinguish between real content and AI-created fabrications. There is no easy way to save humanity from the machines. Whatever solution arises will inevitably draw on a wide range of technologies and policies.
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