The AI-Blockchain Convergence: Substance or Spectacle?

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REFERENCE AT THE END OF THIS POST

**Introduction: New Era's Promise **

Artificial intelligence and blockchain merging potentially unlock a new era of innovation. A world where complex contracts drawn up and completed exclusively by AI is overseen and enforced by decentralized AI marketplaces is not only a fantasy but a visionary and daring image that powers the AI-blockchain fusion. The introduction of Neura, an AI-focused blockchain infrastructure, has brought the dream one step closer to accessibility. Nevertheless, on the brink of this inspiring phenomenon, arguments about the possibility and rationality of the idea persist.


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**Unpacking the Hype: AI-Blockchain Boom **

The AI-blockchain boom is a driving force behind the transformation. When a million people used ChatGPT in the first week of operation, the crypto world was devastated. The result was the reaffirmation of the industry's faith in the potential of AI-blockchain cooperation. All doubts disappeared. On the distribution key of the three companies: Fetch.ai's Ian Osborn, SingularityNET's David Hanson, and Arjun S. Bhuptani of Akash Network is a note reminding them of the irrational joy they sensed at this epiphany. Aragon's Luis Cuende says the three organizations' amalgamated capitalization has reached $20 billion because he believes in the strength of cooperativeness.

**The Vision: On-Chain AI's Revolutionary Promise **

On-chain AI is a vision for democratized, accountable, and trustable technology environments. It proportionalizes the opportunity for AI design outside of Big Tech's limits, opens AI's “black box” and assures the honesty of its implementation through executing it on a blockchain. AI is unrestrictedly developing, and Neura leads the way.

There is no doubt that the potential of on-chain AI integration is edges into the hundreds of fields where it can become incredibly useful. These technologies are very appealing and tempting, especially considering the fact that many of them cannot be implemented with the current technological compost. However, like everything else, these prospects have their costs and complexity. Blockchain and AI are two emerging technologies that our world is only beginning to explore and understand. Our future seems to be rather uncertain, even with such an amazing technologies integration as on-chain AI. Therefore, this wave of the future can change the world in a completely unpredictable direction.

Conclusion

The confluence of AI and blockchain is not a transformation in technology but a change in society. Open dialogue, research and cooperation will be necessary as we march into the unexplored frontier. While the challenges and opportunities are daunting, the rewards of this voyage are more than equal. The decisions we make now will determine the strategy and form of our technical future.


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Source

On-Chain AI: The Next Big Thing in Web3?

INLEO Animated Divider is courtesy of @ doze

All other images were Adobe Firefly and/or Dall-E 3 generated using my prompts

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