Joseph Lubin Warns of Big Tech Monopoly Risks on AI and the "Machine Economy"


On April 18, Ethereum co-founder Joseph Lubin stated in an interview with CoinDesk that AI and crypto technologies are rapidly converging, but control of AI infrastructure by a few tech giants could pose systemic risks. According to him, autonomous AI agents will conduct transactions and interact within blockchain networks, and cryptography will help reduce the power imbalance caused by centralized AI. Lubin also mentioned that MetaMask is moving toward a "digital bank" format with autonomous storage, and businesses will increasingly launch enterprise blockchains, while asset issuance should remain on the main Ethereum network. He added that stablecoins and tokenization are still tied to centralized issuers, and Ethereum considers quantum computing risks as a long-term challenge already included in its roadmap.
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