{"id":32608,"date":"2024-06-18T06:12:57","date_gmt":"2024-06-18T06:12:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitwise-predicts-20-trillion-boost-from-crypto-ai-merger\/"},"modified":"2024-06-18T06:12:57","modified_gmt":"2024-06-18T06:12:57","slug":"bitwise-predicts-20-trillion-boost-from-crypto-ai-merger","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitwise-predicts-20-trillion-boost-from-crypto-ai-merger\/","title":{"rendered":"Bitwise Predicts $20 Trillion Boost from Crypto-AI Merger"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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A merging of crypto and artificial intelligence (AI) technology could inject a $20 trillion boost into the global economy, according to asset management giant Bitwise.<\/p>\n

Juan Leon, Bitwise\u2019s senior crypto research analyst, highlights the transformative potential of integrating crypto and AI. In a new report, Leon claims that the impact of this intersection will be \u201ceven bigger than people imagine.\u201d<\/p>\n

Leon notes that the global race for AI supremacy has generated unprecedented demand for data centers. Major industry players are operating at full capacity, with even unfinished facilities being leased out in advance.<\/p>\n

Bitcoin Miners and AI Demand<\/h2>\n

Bitcoin (BTC) miners could greatly benefit from this increased demand for data, Leon suggests. \u201cThat\u2019s where miners come in. Bitcoin miners \u2013 the computer networks that secure the bitcoin blockchain \u2013 are built for the sole purpose of processing and storing gargantuan amounts of data. In other words, they have the very resources \u2013 powerful chips, state-of-the-art cooling systems, and accompanying infrastructure \u2013 that AI companies are desperate for.\u201d<\/p>\n

This unique positioning of Bitcoin miners could provide a crucial infrastructure boost to AI companies, further intertwining the two technologies.<\/p>\n

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Leon also envisions a significant role for crypto in enhancing virtual assistants. He points out that the capabilities of current virtual assistants, like Apple\u2019s Siri, are limited in performing complex tasks. To overcome these limitations, Leon suggests integrating AI assistants with blockchains and digital money.<\/p>\n

\u201cPairing AI assistants with smart contracts and digitally native money like bitcoin or stablecoins \u2013 which are designed to move securely without the slow oversight of centralized entities \u2013 could open up new avenues to further enhance our productivity,\u201d he states.<\/p>\n

These advancements, Leon believes, will drive both sectors forward, reshaping innovation and interaction with the world.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) A merging of crypto and artificial intelligence (AI) technology could inject a $20 trillion boost into the global economy, according to asset management giant Bitwise. Juan Leon, Bitwise\u2019s senior crypto research analyst, highlights the transformative potential of integrating crypto and AI. In a new report, Leon […]<\/p>\n","protected":false},"author":34,"featured_media":32609,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32608"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32608"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32609"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}