Blockchain, Metaverse, Web3 and AI – this constellation of technologies will shape the long run.
But how can these be practically combined and worked together? And what applications and advantages can this ecosystem create?
Sam Jeans from DailyAI spoke with us David PalmerThe CPO of PairPoint from VodafoneBoard member of the Web3 Asia Allianceand the writer of “The Business of the Metaverse: How Organizations Can Optimize the Opportunities of Web3 and AI“ to look at how these technologies converge.
Palmer explains how these technologies will transform quite a few industries, democratize AI and redefine our perception of time and human interaction.
Q: How are blockchain, AI and the metaverse converging to reshape the long run?
David Palmer: “Blockchain is becoming a trust infrastructure and offers trust as a service. It provides a secure foundation for business and consumer experiences. At the identical time it’s Metaverseor Spatial Computing, begins to supply immersive environments and points of interaction for AI to have interaction with people and businesses in meaningful ways.”
“So there are two key elements at play here: First, blockchain’s trust infrastructure, which enables people and businesses to seamlessly move between different environments and applications, leveraging technologies reminiscent of decentralized digital identity and verifiable credentials, in addition to Web3 blockchain applications.” Second, the Metaverse serves as an interaction point for AI, enabling realistic and interesting experiences. The Metaverse provides the avatars, environments and interfaces that AI must interact naturally and effectively with people and firms.”
Q: What role do mobile networks and IoT play on this technological convergence?
David Palmer: “Mobile networks and IoT are critical because they connect large numbers of devices and other people. The processing speed and performance of those technologies will likely be critical to the expansion and functionality of AI, particularly because it becomes more ubiquitous and integrated into our day by day lives.”
“However, it is vital to notice that not all AI calculations and processing will be performed by central databases or cloud data centers alone. A significant slice must happen at the sting, closer to the devices and users. This is where edge computing, confidential computing and homomorphic encryption come into play. IoT devices and mobile phones will play a key role in generating and processing AI calculations at the sting, reducing latency and enabling real-time interactions.”
Palmer further explains: “Blockchain becomes very relevant on this context. Blockchain can provide the decentralized infrastructure needed to support and facilitate edge computing for AI. By leveraging the distributed nature of blockchain, we are able to create secure and efficient systems for AI processing that transcend the constraints of centralized data centers. Blockchain enables the creation of decentralized networks where AI computations will be performed on a big selection of devices, ensuring scalability, security and efficiency.”
Jean asks “So blockchain essentially enables a more decentralized and distributed approach to AI computation, particularly at the sting, and overcomes the constraints of centralized systems?”
Palmer confirms “Exactly. Blockchain provides the decentralized infrastructure and business models that make edge AI computing feasible and scalable. It enables secure, distributed processing across an enormous network of devices fairly than relying solely on centralized cloud platforms. This decentralized approach is critical to the widespread adoption and seamless integration of AI into our lives, ensuring that AI can function effectively and efficiently across different devices and contexts, without being constrained by the constraints of centralized systems.”
Decentralized AI has gained momentum in recent months Stability AI CEO Emad Mostaque publicizes his surprising departure of the corporate he founded and stated: “I strongly consider in it Stability AIWe understand the mission and feel that the corporate is in capable hands. Now is the time to make sure AI stays open and decentralized.”
Q: How can we ensure the advantages of AI are accessible to everyone, not only big tech corporations?
David Palmer: “Without Web3 and blockchain decentralization of AI – AI storage, AI computation and AI processing – there will likely be an oligopoly of enormous technology and cloud computing corporations that may dominate the world of AI. And that’s a really, very scary place.”
“The only technique to level the playing field is thru decentralization, decentralized data models, decentralized storage and the cloud, and for Web3 to incentivize people to share their data and reward them in a way that like they couldn't.” rewarded with Web2 methods.”
Jean asks “So democratization of AI through blockchain and Web3 is crucial to stopping centralized AI controlled by Big Tech?”
Palmer agrees, “Absolutely. Democratizing AI is crucial to making sure that its advantages are widespread and never concentrated within the hands of a couple of powerful corporations.”
Q: How do you envision the metaverse and AI evolving in the subsequent decade and beyond, especially with devices like this Apple VisionPro?
David Palmer: “There headsets like that Apple VisionPro Further development, they grow to be slimmer and slimmer. Additionally, you'll notice that connectivity is built right into these devices. So you get glasses with built-in connectivity that makes you more autonomous and powerful.”
Palmer predicts a shift in user behavior just like when the iPhone or PC modified our interactions with computers, explaining: “You will see a move away from certain tasks typically done on mobile phones and toward completing the identical tasks on Metaverse headsets. As the features and convenience of those headsets increase, they’ll grow to be the device of alternative for a wide range of activities.”
Questions about jeans, “With advances in computing power and research in bio-inspired AI, particularly in the development of lightweight analog systems modeled on the brain, it’s fascinating to think concerning the convergence of those technologies. Could it result in digital immortality in the long run, or is that just speculative?”
Palmer discusses this mind-blowing concept and explains: “Is an entire latest world being created? Right? Think about cemeteries…as an alternative of seeing a gravestone, you possibly can interact with these people. There’s this digital world that individuals can stay in just about ceaselessly.”
“And from a practical standpoint, there isn’t a story; every thing is an element of the current. So yeah, that's probably just the facility of AI in theory. Well, I feel in practice training models are obviously huge when it comes to cost. This is why the large players do it: due to the easy cost of resources, the easy cost of processing, and the easy cost of apparatus. And that’s where Web3 is available in, because you might have to spread those costs.”
Digital immortality projects are already underway, and a few speculate that projects like Elon Musk's Neuralink Lay the muse for collecting detailed data from the brain to upload into an everlasting digital world.
In 2013 Google engineer and computer scientist Ray Kurzweil claimed that People can upload their brains to a pc and unlock “digital immortality” by 2045, which perhaps seems much more likely with today’s general systems.
However, as Palmer describes, we could have enough data long before that to create convincing and lifelike digital copies of individuals.
Imagine leaving not only photos and videos on your grandchildren, but a completely interactive digital clone of yourself able to life-like conversations within the metaverse?
Q: What exciting projects is Vodafone working on that leverage these converging technologies?
David Palmer: “We are working on virtual automobile dealerships which are staffed across the clock with AI assistants. We have virtual reality technology that lets you enter the showroom, interact with them, experience the cars and so forth. So we’re working on that and expanding on that.”
Palmer later discussed this project with Yahoo Financeexplains: “The VR and AI solutions create an environment by which customers can experience, select and pay for the vehicle and optional extras before physically picking up the automobile from the showroom.”
“The Pairpoint platform is built on this Vodafone's SIM footprint of 40 million in connected cars by providing a digital identity pass and wallet for the vehicle, which is about up upon entering the automobile and will be used for retail pay-by-car services.”
AI decentralization accelerated by blockchain and Web3 integration will integrate virtual worlds with real devices and machines.
Crucially, intelligent integration of those technologies can ensure AI systems serve end users while balancing the facility of Big Tech.
