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JUST IN: AI Makes the Current Drop in the Number of Bitcoin Developers Irrelevant
The number of new programmers has fallen to 2017 levels, but its significance as a metric is not important, according to Lorenzo Valente of ARK Invest.
The number of new developers involved in cryptocurrency projects has fallen by around 1,900, levels not seen since 2017, according to data from the Developer Report website.
However, Lorenzo Valente, research director at ARK Invest, suggested that this metric could quickly become irrelevant due to the use of artificial intelligence (AI).