Originally published on: September 18, 2024
During a recent interview at Token2049, Michael Heinrich, the CEO of 0G Labs, emphasized the immense risks associated with artificial intelligence when not combined with blockchain technology.
Heinrich raised concerns about the reliance on centralized AI systems and stressed the importance of decentralized governance to prevent the potential misuse of AI in essential societal areas.
The CEO highlighted the benefit of blockchain technology in making AI systems more transparent and accountable for their decisions, emphasizing the significance of independent verification of AI actions in a decentralized system.
Heinrich expressed worries about the evolving risks of centralized AI systems, particularly the emergence of artificial general intelligence (AGI) that could operate without human oversight or transparency, potentially leading to unchecked decisions in critical sectors.
0G Labs recently completed a successful $35 million pre-seed funding round to develop its modular onchain AI solution, attracting investment from over 40 crypto-native institutions to build a comprehensive blockchain AI training and operations platform.
In his interview, Heinrich emphasized the company’s commitment to creating abundance in the system through blockchain technology, as he believes it is the key to ensuring the responsible development and governance of AI systems.
As the conversation around the integration of blockchain with AI continues, experts like Heinrich stress the importance of combining these technologies to address risks and promote transparency in automated sectors.