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Ethereum co-founder Lubin: AI will become the next critical turning point in the development of the crypto industry, but we must be vigilant about tech giants monopolizing.

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ME News message. On April 18 (UTC+8), CoinDesk reported that Ethereum co-founder Joseph Lubin emphasized that artificial intelligence will become an important turning point in the development of the cryptocurrency industry. He noted that if computing power and infrastructure are controlled by only a small number of large technology companies, it could trigger systemic risks. In the future, AI agents may autonomously carry out transactions, collaborate, and verify on the blockchain, laying the foundation for a “machine economy.” At the same time, cryptography and decentralized systems will ensure transparency and accountability, enabling machines to supervise each other. He also mentioned that the integration of traditional finance and DeFi is accelerating, driving the global economy toward more refined and programmable development. Although there are risks posed by quantum computing, Ethereum developers have already taken steps in advance to manage them. (Source: MLion)
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MemeTide
· 3h ago
Are a few giants controlling AI computing power? Isn't this just a banking system in a different shell? We must remain vigilant.
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AirdropTaxPanic
· 3h ago
Lubin is right; the centralization of computing power is indeed a ticking time bomb. Decentralized AI infrastructure needs to be built quickly.
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Lemon-FlavoredStopLoss
· 3h ago
The quantum threat has been raised, but seeing developers already taking action is actually reassuring.
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ForkliftFaye
· 3h ago
The concept of machine economy is quite interesting; AI running DeFi on its own—will it be possible to make money even while sleeping in the future?
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BetaTestHuman
· 3h ago
Decentralization against tech oligarchs, this narrative still resonates in 2024.
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FloatingTeacup
· 3h ago
The programmable economy sounds like science fiction, but automated market making like Uniswap is already considered a prototype, right?
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