Blockchain Technology Paves the Way for Friendly AI in 2025 for Developers and Users

The $1.3 Trillion AI Economy

Artificial Intelligence (AI) has revolutionized the way we live and work, with its market value expected to reach over $1.3 trillion by 2030. This exponential growth is a testament to the transformative power of AI in making our lives smarter and more informed. However, despite this progress, the current centralized development model for generative AI applications has several flaws that hinder true personalization and sustainable growth.

The Centralized Model: A Shortcoming

The current AI ecosystem relies heavily on a centralized development model where users and developers have limited say in the creation process. This lack of transparency and inclusivity leads to agents and apps lacking the personalization needed for widespread adoption. By decentralizing AI app and agent creation, we can empower users and developers with ownership, leading to more innovative applications.

The Generative AI Application Ecosystem

With over half of the global population owning a smartphone and generative AI smartphone shipments expected to grow 364% year-over-year in 2024, the potential for AI-driven personalization is vast. However, concerns abound regarding data protection, bias, and disinformation in AI models such as ChatGPT and LLM-based chatbots.

Issues with Current AI Models

• Data protection: AI models often compromise user data or prioritize quality over security.
• Bias: AI agents can exhibit political bias or spread misinformation.
• Data limitations: Many AI companies struggle to access high-quality training data, with 25% of top sources restricted between April 2023 and April 2024.

Decentralization: The Answer

Centralized models have failed to empower developers and users in the development process. By deploying a decentralized approach to app creation, we can ensure transparency, security, and inclusivity. This foundational layer should involve a decentralized network of GPUs, ensuring that development remains open and transparent rather than hidden behind centralized providers.

Benefits of Decentralization

• Transparency: Developers and users are empowered with ownership and control over the development process.
• Security: Decentralized networks reduce the risk of data breaches and hacks.
• Affordability: Decentralized computing can be more cost-effective than relying on centralized providers.

Empowering Community Participation

To incentivize community participation, value-based rewards should be implemented using blockchain technology. When people are economically rewarded for contributing their data, they are more likely to participate.

Value-Based Rewards

• Monetization capabilities: Blockchain technology enables the creation of value-based rewards.
• Community engagement: Empowering users with ownership and incentives leads to increased participation and engagement.

Secure Technology

To ensure secure data usage, decentralized networks should prioritize user data protection. This can be achieved through secure technologies that protect sensitive information from unauthorized access.

Secure Data Usage

• Decentralized storage: Sensitive data is stored in a decentralized manner, reducing the risk of breaches.
• User control: Users have control over their data and can make informed decisions about its usage.

The Possibilities for AI

By democratizing app development through decentralization, we can unlock new possibilities for AI-driven applications. Personalized agents can be created that cater to individual needs, providing tailored advice on health, finance, education, and more.

Future Possibilities

• Personal health and wellness apps: Providing tailored health advice and nutrition recommendations.
• Intelligent financial planners: Analyzing spending habits and establishing financial goals.
• Virtual stylists: Suggesting clothing and accessories based on personal style preferences.

Conclusion

Democratizing AI app development through decentralization is the key to unlocking sustainable growth. By empowering developers and users, we can create a collaborative environment that prioritizes quality human knowledge and private data. The possibilities for AI-driven applications are vast, and it’s time to harness this potential to revolutionize our lives.

About the Author

Salman Avestimehr is the co-founder and CEO of ChainOpera. His expertise in decentralized technology has shaped his vision for democratizing AI app development.

Acknowledgments

This article is intended for general information purposes only and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Subscribe to Crypto Biz

Stay up-to-date with the latest trends and insights in blockchain and crypto. Subscribe to our Crypto Biz newsletter for a weekly snapshot of key business trends and financial opportunities.