Discussion with different builders in the blockchain space and seeing their opinions on AI in the industry.
Speaking with builders in the crypto space, we can see that the combination of AI and blockchain technology has two sides: on the one hand, it could make blockchain much more efficient and scalable through AI; on the other, it could make market consolidation, high computing demands, and the need for cost-effective solutions more difficult. Important insights include using blockchain to improve AI's security and honesty while warning against overhyped apps that don't add value.
There may be a drive to specialize and niche down as a network, but there will be destruction in the absence of differentiation." Edwards also draws a parallel to the early days of ride-sharing services like Uber and Lyft, when they had to deal with a "cold start" problem, which is when a startup tries to grow in a market with few participants.
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