Corporate AI could undermine Web3 and decentralization — Industry observers
Artificial intelligence could deliver a fatal blow to the dream of Web3.
Artificial intelligence (AI) has the potential to usher in a new era of tools and technologies that will benefit people and their communities, creating new economic opportunities and accelerating creativity and innovation.
It also has the potential to do the opposite, building walls around closed-loop systems that strengthen existing corporate interests, eventually shutting out Web3 forever.
Chris Donovan, chief operating officer of Near Foundation, the governing body of the blockchain abstraction protocol, Near Protocol, told Cointelegraph what is troubling him and his fellow colleagues.
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Author: Robert D. Knight
