The post Restoring trust and equity in the digital age through decentralised AI appeared on BitcoinEthereumNews.com.

The following is a guest post by Jiahao Sun, the CEO of FLock.io. In recent years, the promise of AI has captivated our collective imagination – conjuring visions of a future where machines enhance our daily lives in the most profound and meaningful ways. However, as these technologies advance, so do concerns about their impact on privacy, security, and ethical governance. As a result, an important question is becoming ubiquitous: how can humans harness the incredible potential of AI while still mitigating its risks? While many different theories aim to answer, what’s perhaps one of the most promising is the notion of decentralised AI. This revolutionary approach is designed to restore trust, ensure transparency, and create a more equitable digital landscape. Decentralized AI also promises to transform critical sectors like healthcare and finance, where trust and security are paramount. Understanding decentralization and the problems with centralized AI Decentralization is a concept that aims to distribute control and decision-making across a network rather than concentrating it on a single, central authority. In the digital world, this often involves the use of blockchain technology and peer-to-peer networks. Blockchain, for example, is a decentralized ledger where data is securely recorded across many computers, ensuring transparency and security. Peer-to-peer networks allow individuals to share resources directly with one another without relying on a central server. In contrast, centralized AI systems are managed by a single entity or organization. These systems often exploit user data, harvesting vast amounts of personal information without being transparent about how this data is used. The decision-making processes of centralized AI are typically opaque, leaving users in the dark about how conclusions are reached and why certain actions are taken, leading to biased outcomes and eroded trust. Prominent players like OpenAI and Google currently dominate the AI landscape, shaping the…

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Filed under: News - @ September 1, 2024 10:06 pm