Chainfeeds Digest:
Crypto KOL Teng Yan discussed the potential and challenges of Crypto AI (decentralized AI) as one of the key trends in the future technological development. He analyzed the investment opportunities, potential market size, and possible risks in this field.
Source:
https://www.techflowpost.com/article/detail_20880.html
Author:
Teng Yan
Viewpoint:
Teng Yan: CPUs and GPUs have long been the pillars of computing, and now they are powering AI, which is becoming a global supercomputer that aggregates the collective intelligence and creativity of humanity. Crypto technology, on the other hand, provides the possibility of creating an open, decentralized network, laying the foundation for the next generation of the internet. Together, these super-computers and super-networks complement each other. AI enhances the user experience of crypto technology. Users can interact with the blockchain through natural language without having to learn how to manage wallets, seed phrases, and sign transactions. Crypto technology provides a trustless, permissionless, and secure infrastructure for AI to ensure its openness and censorship-resistance. It also serves as a powerful coordination layer for building decentralized networks. This convergence paves the way for the emergence of entirely new business models. The combination of crypto and AI will achieve exponential growth, as the two fields continue to advance along different development paths. Tokens provide a tremendous opportunity for retail investors to participate in the AI wave, which is often underestimated. Crypto technology is adept at discovering new markets that people are willing to trade. Look at Non-Fungible Tokens and cultural assets, social Tokens for the creator economy, and the viral spread of MEME Coins. I believe that the demand for retail investor participation in early AI projects is huge and has not been fully tapped. As AI becomes more deeply integrated into our daily lives and enables us to do things we couldn't before, people are starting to realize its scale and real-world significance. While there will be a lot of speculation, this is also about letting everyone participate in the biggest technological revolution of our lifetime - and giving everyone a chance to catch the next big opportunity. I expect several favorable factors to drive the development and market expectations of Crypto AI in the next year. Traditional tech venture capital funds entering Crypto AI: Although a16z has already participated, major investors like Sequoia, Lightspeed, and Accel have only dabbled in this field so far. As they increase their investment in decentralized AI, it will bring more capital and legitimacy to the field. OpenAI IPO: OpenAI's private valuation has reached $150 billion, and its revenue continues to grow. If it goes public in 2025, it may ignite retail investors' enthusiasm for AI investment. Apart from NVIDIA and the hardware sector, retail investors have had few opportunities to directly benefit from the AI trend. This pent-up demand may turn to Crypto AI Tokens, which can be easily acquired on platforms like Coinbase. More crypto-friendly US government: If the US government adopts a more crypto-friendly policy after the November 2024 election, it will provide a significant boost to the Crypto AI industry, offering a clearer regulatory environment and encouraging wider adoption. AI breakthroughs: There are no signs of a slowdown in the rapid development of AI technology. In a recent blog post, Sam Altman described his optimistic view of AI's bright future. Advances in AI agents and distributed AI training will unlock new use cases and drive further development.
