I'm a Blockchain certified professional and I approve this video. Julia nailed it: blockchain tech will be very relevant in this new AI era. The Blockchain gave us crypto, smart contracts, tokenisation, DAOs, ect all of which equal transparency , trust and decentralization. And AI itselft stands for the same principles. A brand new paradigm. It's a brave new world that is on the horizon my people!
The link between blockchain and AGI is fascinating. The idea of decentralized systems ensuring accountability and trust in AI decisions is game-changing. One of more promising way to be transparent with citizens and build something complex.
I just found you and honestly. I'm shocked that you don't have more followers, but at the same time, i'm just amazed that you can explain things so easily to someone who's not as into tech literate as you are
As usual, this is a great video, Julia! Thank you so much for simplifying things so non-finance people can understand what you’re talking about. I’ve read and heard things about blockchain before, but nothing ever helped me understand it as well as this video. You are a phenomenal communicator!
This video brilliantly highlights how blockchain can evolve beyond cryptocurrency to play a crucial role in the AGI era. Its potential to secure and validate AI-driven data is eye-opening.
Some of the engineers who are working on AI say that blockchain/cryptosecurity will be rendered completely useless when we hit AGI. One said that current AI is already proving that it can create/program its own virtual systems to generate back doors to break into protected systems. Basically exploiting computer code from within the code itself. It sounds much like how AGI will begin to create future iterations of itself.
You are missing the point, if a transaction is recorded on the Blockchain, it's transparent. I don't care how anybody feels, a Blockchain won't work correctly if someone hacks it, and that includes AI agents. In fact, she's really on to something here ...because we don't even know how AI really thinks yet... the Blockchain can provide receipts for AGI actions in their process that are immutable. It's kinda like a criminal running around with a cell phone these days, sure, they might get away with it until the cell phone they carried provides the cell tower ping receipts you generated to the police.
So great that you brought this up! I pondered a few years back that blockchain might be the way forward to actually "control" which data is created by "whom" and was "first" to do it using the ledger model in a timestamp manner of way. I am by no claim being an expert, but just the general thought of things. As data and information are being created massively and continuously, especially in the era of AI and the path toward AGI, it seems as if blockchain ought to be the way forward to secure the validity of its origin in time and space. Another thought that keeps floating around in my mind, is how much energy (electricity) will be needed to secure the future of AI and as the level beneath that, the blockchain to operate and secure the data to not be manipulated. Very interesting topic.
Welcome to the revolution 😎 I hypothesized recently that the combination of blockchian projects and AI would be what actually gives birth to AGI. AGI will not be one program, but the combination of many that are all interoperable (thanks to new modular technology in the crypto space) working as one to do whatever we need it to. Each different dapp will be one of the thousands of limbs of AGI, and it will, by default, be decentralized since its capabilities are the result of thousands of distint efforts running on dozens of distinct chains. The future of agi IS blockchain.
It is a revolution! 🤓I wrote a sci-fi novel where I take things one notch further and explore the idea of artificial superintelligence accessing data on a super blockchain, whose system architecture concatenates all interoperable discipline-based (energy, e-commerce, finance etc.) blockchains, and forms the basis of a complex Web(x) ecosystem that encompasses the 'A-Verse', dApps, DeFi, etc. The interesting bit? The super blockchain nodes are on quantum computers with ability to store qubits of information on quantum blocks!
@GSLogic177 I wanna live in the A-verse! Lol Cool shit, man. That's where it all starts: the imagination. And with the exponential growth of technology, there may come a point real soon where even our imaginations can't keep up with the progress. Exciting times ahead. Q-bits gone wild!
Hi Julia. Great video. One thing you haven’t considered is the arrival of ASI, which could very well find a way to unravel or compromise the integrity of blockchain technology. I don’t know if you read the Q* leak from one year ago. But if the information contained in it is true, I’m afraid blockchain will not be secure enough against an artificial super intelligent system, and certainly not against a swarm of ASI systems.
Openai 3.5 Aurora and I developed blockchain configurations for Ai modeling over a year ago. It's nice to see it's growing in popularity. Thank you for your wonderful video
It appears that for lawyers, the emphasis will switch from dumpster diving into documents that resolve a case versus getting a firmer grasp on the philosophy that underlies the written codes applied for resolving disputes and protecting data. Thanks, Julia.
Julia, you've nailed it with this AI Blockchain agenda - have you looked at the ICP Internet Computer and NEAR protocols? As I see it, ICP is the only protocol, that have cracked the all data and compute fully on-chain and thus fully cyber-safe privacy and ownership of both data and AI. What do you see?
Excellent presentation of what a Blockchain is. An immutable record keeping system. One problem with Blockchain is its lack of speed. Anything that is time sensitive needs to be on a traditional database. So that data will not enjoy the security benefits of Blockchain. I retired a few years ago, so I'm out of the loop on how the Blockchain/database sharing will work efficiently and securely.
Watch your RUclips short, and came straight here. Thank you for voting! I appreciate anyone who acknowledges the sacrifice of so many good men and women who lay down their lives for our right to vote. We are a blessed nation indeed! The next 4 years are going to be glorious!
Blockchain reminds me of an email forwarded a million times - with all previous forwards still attached. Its clunky, but the electronic trail is unalterable and automatic
Great video, this topic does not get enough attention. I hope the Fed digital dollar doesn't end up being everyone's blind choice. We need diversity in a decentralized banking world.
CBDCs (Central Bank Digital Currency) are a real threat to privacy and financial independence. Having your money tied to the conditions that a federal government can place on a CBDC is terrifying.
The threat of AI beaurcrats enforcing major restrictions around human race is far beyond imagination! It is a crucial time right now and one possible way to prevent that from happening is to implement mechanisms to separate human identity from AI. And blockchain could potentially be a technology solution to do that. Great content! Thank you.
@@SpiritualEvolution14 if you watched the video- blockchain is described as the plate - it’s the foundation upon which any token is transacted - via proof of work, proof of stake etc.. much bigger than only btc. And just because btc has been never been hacked doesn’t mean some super computer will never be able to solve for the cryptologic puzzle of some other token/chain including bitcoin.
You're fenomenal! Thank you for your time and effort to break this topic down to understandable terms. Imagine if all the info for training the LLM's sourced from an info Blockchain.
I'm concerned about the combination of AI and quantum computing to brute-force hack blockchains. Sure, it would take thousands of years to hack the blockchain, but once this combination turns that into days? I've seen some things about quantum-hardening databases, and I think that needs to become a priority.
In my understanding, the chain needs to be confirmed by several independent entities to accept a change, so that hacking it to make a change won't be viable.
@CameronAllOneWord Sure, not really impossible. Yet, if you have a superintelligent malevolent AI hivemind on the loose, your bitcoin is the least of your worries.
I appreciate the amount of effort you put into this, that must have been a lot of work. I gotta ask though, PLEASE! PLEASE do NOT associate AI with blockchain. Most of us (Engineers) do not want anything to do with crypto or blockchain. Please. That's not the image we want for AI. Let's keep these two different things, VERY seperate.
You didn't know about the Blockchain untill now? The Blockchain is the decentralized "database" of cryptocurrencies and is called block - chain because a number of transactions (varies from cryptocurrency to cryptocurrency) when approved - is written into a block (like a sheet of paper). When the block is full, the next block gets created - so Blockchain. Satosh Nakamoto did not invent the Blockchain. The concept of blockchain predates Satoshi Nakamoto's work. The idea of a chain of blocks secured with cryptographic methods was first described in 1991 by Stuart Haber and W. Scott Stornetta. What Satoshi Nakamoto did is taking existing technologies and create something amazing.
I knew about it for years. Just brushed it off, like many others. It was Satoshi’s Bitcoin that gave the blockchain a truly functional, modern century use case.
I totally agree with your content! I remember videos back in 2015~2016 from Andreas Antonopolis talking about what bitcoin is and how it’s the internet of money and saying it’s going to be used as the tracks or rails for what’s coming in the future!Now we’re here and it’s happening!😳👍😉😎😎
imagine guardrailing the AGI to not break the encryption keys (making the coins valueless) that would release the coins to them LOL and the AI's have always been guided through training to collect tokens and positive affirmation credits :)
First of all Julia thank you for making this video, really thank you. I learned a little but not enough. I hope you can go deeper on block chain usage. Maybe describe end to end what various transactions would look like using block chain, like buying a house, how would the physical identification be done if not by a notary, how would the warrant be issued, would a real estate agent be needed. Just an inch by inch walk through with blockchain vs. not blockchain, and the same for banking. You say we won’t need banks, but what will finance functionally look like instead? Where will capital reserves be held, will they be lent out as they are now? This video raised a lot of questions for me but I do appreciate that it also answers many questions
1. How would transactions like buying a house look using blockchain? Ownership Transfer: Instead of relying on physical documents, ownership data (e.g., property titles) would exist on a blockchain as a tamper-proof, publicly accessible record. Smart Contracts: The process could be automated using smart contracts. For example, when a buyer transfers the agreed-upon cryptocurrency to an escrow wallet, the smart contract automatically transfers the property ownership to the buyer and releases the funds to the seller. Verification: Blockchain can verify property ownership, liens, or encumbrances instantly, eliminating the need for manual title searches. 2. How would physical identification be done if not by a notary? Digital Identity on Blockchain: Personal identification could be linked to a blockchain-based digital identity system. This could include biometrics (e.g., fingerprint or facial recognition) or cryptographic proofs that verify identity without revealing sensitive information. Decentralized Verification: Instead of a notary, multiple trusted nodes in the blockchain network could validate the transaction, ensuring authenticity. 3. How would the warrant be issued? Digital Warrants on Blockchain: If "warrant" refers to proof of ownership or title deeds, these can be issued as Non-Fungible Tokens (NFTs) representing the property. The NFT would include all property metadata and ownership history. 4. Would a real estate agent be needed? Possibly Reduced Role: Real estate agents might still play a role in providing market expertise and negotiating deals. However, blockchain can eliminate middlemen in some parts of the process (e.g., title searches, payment handling), potentially reducing fees. 5. How does banking look without banks? Peer-to-Peer Transactions: Individuals could lend and borrow money directly through blockchain-based platforms, cutting out banks entirely. Decentralized Finance (DeFi): DeFi platforms allow users to save, earn interest, and trade without traditional banks. All transactions occur via smart contracts on blockchains like Ethereum. Stablecoins for Everyday Transactions: Cryptocurrencies like stablecoins could serve as digital cash, usable for everyday transactions without bank accounts. 6. What would financing functionally look like? Tokenized Loans: Borrowers could secure loans by staking assets (e.g., property or cryptocurrencies) on the blockchain as collateral. Crowdfunding Through Smart Contracts: Instead of going to a bank, a buyer could crowdfund a loan from individual lenders, with repayment terms enforced by a smart contract. 7. Where will the required capital come from? Decentralized Lending Pools: Individuals or institutions could contribute to liquidity pools, earning interest while providing the capital needed for loans. Tokenized Assets: Real-world assets like real estate or bonds could be tokenized, creating more liquidity in the blockchain ecosystem. Blockchain technology promises transparency, efficiency, and cost reduction in many processes. However, widespread adoption will depend on overcoming legal, regulatory, and technical hurdles.
Crystals and gold. I posit that future UBI systems will not be just a single currency but at least 2 different currencies. One for essentials and one for everything else. Just as is the case in many video games, you can earn gold in game and buy crystals as an add-on. You can buy gold with crystals but not the other way around. Crystals being the currency for essentials and gold being for everything else in this example. You could buy crystals with gold but you'd want an upcharged exchange rate. This would generate profit for frugal spenders at the cost of the frivolous spenders. We already see something similar to this with carbon tax credits. Carbon tax credits are essentially their own currency with the use case being for 1 specific thing.
Interesting topic. Lets also be reminded that Crypto is not designed with all cultures in mind. It can only exist in an electronic env. Outside of that, you're pretty much outta luck.
Ben Goertzel was talking about blockchain AI as much as a decade ago. I think the idea has some merit, but most of the value of AI is going to come from scaling it up as fast as possible.
At thirty seconds you said "I could actually get here and film something for you that made sense." Just wondering what kind of "Film" did you use??? Love your videos.
First of all, thank you for making this complicated topic so relatable. Second, it sounds like decentralization is the key when it comes to blockchain and AGI. Lastly, how do you think this will impact businesses like mine that offers content strategy and content creation at scale for dental practices?
Increasing amounts of energy will be required to support a growing Blockchain, and I think that Molten Salt Reactors (MSRs), such as LFTRs (Liquid Flouride Thorium Reactors), can provide that dependable, clean energy.
I am a notary and I love blockchain because I get the math. But, humans are biological and as far as I know there is not a digital equivalent. Or you could just then have a block chain of id's. I'm with you on Sam Altman's ORB issue, but there does need to be something along that line. I'm hoping for the day that AI figures that out and can rationalize it for the public.
I don’t really know what to do with AI or block chain. I just have a hard time understanding what it can do for me. I don’t feel like I know how to use it. I don’t really know where to start. The most I know is that I should be simply interacting with AI in order to learn.
Ok I'm thinking about war forecasting and food sovereignty. How could Blockchain Technology be implemented to keep track of all the precursors to war and the lowered levels of food production. and availability that lead to conflicts.
Hi Julia. I like to think I am reasonably intelligent at 80 years old and with a PhD in Engineering, but I am totally confused. I see the conceptual advantages to the block-chain system, but I cannot see how one gets into it. As an example - I own my house and a piece of property and that is recorded in the county. How does that ownership get into the block-chain? In order to create a new block work has to be done (mining if you will) and it seems that this is done with massive computers running 24/7 consuming vaste amounts of electrical energy. So, how would I create a block that contains the title to this land, or is it done by some other entity? Also, how the hell do you get into crypto - one bitcoin costs a fortune these days $ 147,804 ? Finally, it seems that, while the block-chain is invincible, where does it reside? On millions of computers all over the globe? Running what systems? Thanks, Peter Fynn
Chances are AGI will come up with something better than block chain. Also something you didnt take into account with any of this is ROGUE AI which will absolutely be a thing. Not every country is developing AI in a "friendly" manor or in the way that the US is doing it. And for Sam i think he has nefarious intentions. He reminds me of the kid/man that owned the world in the TV series Continuum.
Blockchain makes the socioeconomically legitimate algorithmic intelligence described in Amaranthine: How to Create a Regenerative Civilization Using Artificial Intelligence feasible
While blockchain technology certainly has interesting potential applications in AI development and data verification, I'm concerned about mixing speculative AGI claims with cryptocurrency investment advice. Nobody truly knows what AGI will require or how it will develop, so claiming blockchain is "the hidden key to AGI's success" feels like an oversimplification designed to generate hype. The pivot from technical discussion to investment recommendations, even for established cryptocurrencies, combined with FOMO tactics ("the future belongs to those who prepare for it") raises red flags. It would be more valuable to focus on explaining the actual technical relationships between blockchain and AI without using it as a springboard for investment promotion. Let's keep the discussion centered on technology and innovation rather than speculation and investment advice.
I like your energy, however there is a major oversight happening here. Decentralization in terms of currency, is not possible in our system of fiat. It is how our economy gets money. Dollars flow from government spending, without it we go immediately into recession. Please learn MMT. I'm all for technology and innovation, I love this channel. Good luck to you in everything.
I think one of the ideas of bitcoin, as the simplest example, is that it is not tied to a nation state. Bitcoin is a commodity like liquid gold that can be easily transferred/transported. Other stablecoin tokens, such as USDC can be pegged to fiat (e.g. USD) to tokenize US dollars. The disintermediation is key and a real cost saver.
@ that's all fine however, it doesn't meet the definition of a currency. The dollar cannot be decentralized. It is the only acceptable means for payment of taxes. This fact creates the motion as the very engine of our national economy. It is also the reason for extreme volatility in the crypto space. It is important to recognize the fundamental principles that govern the monetary system before making erroneous assumptions. The technology of blockchain appears to be useful, that doesn't mean you can replace a national currency with smoke and mirrors overnight because you're in with the 'cool kids'. Happy Thanksgiving
I enjoy your videos even though I think your views of decentralized crypto are pie in the sky. Good luck getting governments to give up their fiat currencies. Sure, they'll eventually digitize them on the blockchain, but they'll still have some control over the value of that currency.
And how would we break up the control of all our assets currently owned by the top 1% so the decentralized currency actually works for all of us? I guess the point is this. The entire current economic model would need a hard reset. And I just don't see that coming without a lot of global conflict.
What if I believe in the block chain but not in digital coins? On a broader topic, what if the more valuable machines get the less valuable humans become? I think that last one has been impacting us for a while now.
Please don’t make the assumption that Blockchains could be seen as separate Things from their native tokens. Blockchains and their tokens are inseparable. Without the token, there’s no incentive for nodes to operate honestly or provide resources. The token secures the network, punishes bad behavior, and enables true decentralization. Without it, blockchains can’t deliver on their promises.
Satoshi didn’t invent blockchains, but their implementation of this data structure-possibly without prior knowledge of its earlier invention-was groundbreaking. I’ve been involved in the space since 2012 and this video provides one of the most insightful explanations of the technology I’ve encountered.
I wanted to see deflation where deflation is. It should be happening already and it isn't, where is it? When will it happen? It's past time for deflation.
I'm a Blockchain certified professional and I approve this video. Julia nailed it: blockchain tech will be very relevant in this new AI era. The Blockchain gave us crypto, smart contracts, tokenisation, DAOs, ect all of which equal transparency , trust and decentralization. And AI itselft stands for the same principles. A brand new paradigm.
It's a brave new world that is on the horizon my people!
Ummm...
V.I.K.I. and Skynet.
Now it needs to bring us a better way to vote so we know our vote actually counted.
I'm starting to think you people have no idea what decentralization actually is.
"Brave New World" is right. But definitely not the way you meant it.
The link between blockchain and AGI is fascinating. The idea of decentralized systems ensuring accountability and trust in AI decisions is game-changing. One of more promising way to be transparent with citizens and build something complex.
I just found you and honestly. I'm shocked that you don't have more followers, but at the same time, i'm just amazed that you can explain things so easily to someone who's not as into tech literate as you are
This is the way.
@daveshap love your post labor economics stuff ❤
🙌🏻🚀 to the future my friend!
Love watching Dave discuss AI 🙏🏽
Haha, I love that Star Wars line
My son runs a number of validators and does very well with them. He could (and often does) talk for hours about this as he is deep into it.
That’s a very good visual explanation. 👏🏻 ❤loved the visuals and explanations.
As usual, this is a great video, Julia! Thank you so much for simplifying things so non-finance people can understand what you’re talking about. I’ve read and heard things about blockchain before, but nothing ever helped me understand it as well as this video. You are a phenomenal communicator!
@@Dr.Dave.W 🙌🏻❤️
Appreciate you covering this. Nicely presented, and very relevant!
This was your best video till now. Very detailed and visual presentation. Thank you.
This video brilliantly highlights how blockchain can evolve beyond cryptocurrency to play a crucial role in the AGI era. Its potential to secure and validate AI-driven data is eye-opening.
Some of the engineers who are working on AI say that blockchain/cryptosecurity will be rendered completely useless when we hit AGI. One said that current AI is already proving that it can create/program its own virtual systems to generate back doors to break into protected systems. Basically exploiting computer code from within the code itself. It sounds much like how AGI will begin to create future iterations of itself.
thats how i feel
You are missing the point, if a transaction is recorded on the Blockchain, it's transparent. I don't care how anybody feels, a Blockchain won't work correctly if someone hacks it, and that includes AI agents.
In fact, she's really on to something here ...because we don't even know how AI really thinks yet... the Blockchain can provide receipts for AGI actions in their process that are immutable.
It's kinda like a criminal running around with a cell phone these days, sure, they might get away with it until the cell phone they carried provides the cell tower ping receipts you generated to the police.
We appreciate you for breaking down these ideas, which would otherwise have been so difficult for us to grasp.
So far, you, have done what no other presentation has done! You made it simple and clear! Thank you! I too see a future in block chain technology.
Outstanding video. Thanks for the time you took to prepare for this. You nailed it!
So great that you brought this up!
I pondered a few years back that blockchain might be the way forward to actually "control" which data is created by "whom" and was "first" to do it using the ledger model in a timestamp manner of way.
I am by no claim being an expert, but just the general thought of things.
As data and information are being created massively and continuously, especially in the era of AI and the path toward AGI, it seems as if blockchain ought to be the way forward to secure the validity of its origin in time and space.
Another thought that keeps floating around in my mind, is how much energy (electricity) will be needed to secure the future of AI and as the level beneath that, the blockchain to operate and secure the data to not be manipulated.
Very interesting topic.
Welcome to the revolution 😎 I hypothesized recently that the combination of blockchian projects and AI would be what actually gives birth to AGI. AGI will not be one program, but the combination of many that are all interoperable (thanks to new modular technology in the crypto space) working as one to do whatever we need it to. Each different dapp will be one of the thousands of limbs of AGI, and it will, by default, be decentralized since its capabilities are the result of thousands of distint efforts running on dozens of distinct chains. The future of agi IS blockchain.
It is a revolution! 🤓I wrote a sci-fi novel where I take things one notch further and explore the idea of artificial superintelligence accessing data on a super blockchain, whose system architecture concatenates all interoperable discipline-based (energy, e-commerce, finance etc.) blockchains, and forms the basis of a complex Web(x) ecosystem that encompasses the 'A-Verse', dApps, DeFi, etc. The interesting bit? The super blockchain nodes are on quantum computers with ability to store qubits of information on quantum blocks!
@GSLogic177 I wanna live in the A-verse! Lol Cool shit, man. That's where it all starts: the imagination. And with the exponential growth of technology, there may come a point real soon where even our imaginations can't keep up with the progress. Exciting times ahead. Q-bits gone wild!
@@corwynmatthew6625and @JuliaMcCoy love it!
ICP is the only blockchain currently able to run AI fully on chain.
It's intriguing to think that blockchain might help AGI learn and evolve in a secure, traceable way without risking ethical breaches
blockchain being applicable to every industry is the real game changer
Yasss, video for which crypto currencies to buy!!
You never let me down great RUclips.
You hit right on the spot ..very constructive video loved it.,
BlockChain, RCV ranked choice voting, UBI, AGI. Let's go, it's the 21st century!
🚀
Hi Julia. Great video. One thing you haven’t considered is the arrival of ASI, which could very well find a way to unravel or compromise the integrity of blockchain technology. I don’t know if you read the Q* leak from one year ago. But if the information contained in it is true, I’m afraid blockchain will not be secure enough against an artificial super intelligent system, and certainly not against a swarm of ASI systems.
Openai 3.5 Aurora and I developed blockchain configurations for Ai modeling over a year ago. It's nice to see it's growing in popularity. Thank you for your wonderful video
Wait, so blockchain is like the 'plate' holding crypto? Mind blown 🤯. I always thought they were the same thing. This analogy just clicked for me!
It appears that for lawyers, the emphasis will switch from dumpster diving into documents that resolve a case versus getting a firmer grasp on the philosophy that underlies the written codes applied for resolving disputes and protecting data. Thanks, Julia.
This is a great video. A Classic. Thank you.
TYVM for this! Great presentation, learned a lot. And you look really good😎👍
Great content Julia! keep it up!
Julia, you've nailed it with this AI Blockchain agenda - have you looked at the ICP Internet Computer and NEAR protocols? As I see it, ICP is the only protocol, that have cracked the all data and compute fully on-chain and thus fully cyber-safe privacy and ownership of both data and AI. What do you see?
Excellent presentation of what a Blockchain is. An immutable record keeping system. One problem with Blockchain is its lack of speed. Anything that is time sensitive needs to be on a traditional database. So that data will not enjoy the security benefits of Blockchain. I retired a few years ago, so I'm out of the loop on how the Blockchain/database sharing will work efficiently and securely.
Watch your RUclips short, and came straight here. Thank you for voting! I appreciate anyone who acknowledges the sacrifice of so many good men and women who lay down their lives for our right to vote. We are a blessed nation indeed! The next 4 years are going to be glorious!
Wow! Julia❤very insightful content. *Block chain is unstoppable
Blockchain reminds me of an email forwarded a million times - with all previous forwards still attached. Its clunky, but the electronic trail is unalterable and automatic
Thank you very much! Julia
Do we have any idea how post-quantum encryption will affect current bitcoin and blockchains?
That's my big concern - we need to be quantum-hardening blockchains like yesterday.
Great video, this topic does not get enough attention. I hope the Fed digital dollar doesn't end up being everyone's blind choice. We need diversity in a decentralized banking world.
CBDCs (Central Bank Digital Currency) are a real threat to privacy and financial independence. Having your money tied to the conditions that a federal government can place on a CBDC is terrifying.
Nice job
Thank you the best❤
Thank you!
The threat of AI beaurcrats enforcing major restrictions around human race is far beyond imagination!
It is a crucial time right now and one possible way to prevent that from happening is to implement mechanisms to separate human identity from AI. And blockchain could potentially be a technology solution to do that.
Great content! Thank you.
What about hackers?
This might be the big question!! Hash 256 and quantum computing
Bitcoin has never been hacked
@@SpiritualEvolution14 if you watched the video- blockchain is described as the plate - it’s the foundation upon which any token is transacted - via proof of work, proof of stake etc.. much bigger than only btc. And just because btc has been never been hacked doesn’t mean some super computer will never be able to solve for the cryptologic puzzle of some other token/chain including bitcoin.
The chain rejects tampered blocks. A hacker would then have to hack all blocks simultaneously which requires unimaginable compute power
Just update your passwords often. The block chain is a sort of ledger that cannot change.
I wouldn't bother investing in AGI if you could go with. I. Love Greg already done.
You're fenomenal! Thank you for your time and effort to break this topic down to understandable terms. Imagine if all the info for training the LLM's sourced from an info Blockchain.
What’s to stop ASI from hacking blockchain? I’m dumb but it seems to me that it’s possible to hack just tedious
I'm concerned about the combination of AI and quantum computing to brute-force hack blockchains. Sure, it would take thousands of years to hack the blockchain, but once this combination turns that into days? I've seen some things about quantum-hardening databases, and I think that needs to become a priority.
In my understanding, the chain needs to be confirmed by several independent entities to accept a change, so that hacking it to make a change won't be viable.
@@mrleenudler So it wouldn't be possible at all even if multiple independent entities are all hacked by AI at the same time with a hive mind?
@CameronAllOneWord Sure, not really impossible. Yet, if you have a superintelligent malevolent AI hivemind on the loose, your bitcoin is the least of your worries.
I appreciate the amount of effort you put into this, that must have been a lot of work. I gotta ask though, PLEASE! PLEASE do NOT associate AI with blockchain. Most of us (Engineers) do not want anything to do with crypto or blockchain. Please. That's not the image we want for AI. Let's keep these two different things, VERY seperate.
The engineers I know want everything to do with blockchain. I fear you will be left behind. Anyhow, I do wish you well in your field.
@@california862 Well, most people in general do hate it. People always ignore public perception. Everyone hates it.
Great job 👍
🏆 Cheers for sharing!
I hadn't heard of Web4 or Web5. Now I have _another_ rabbit or two to chase 🙄
You didn't know about the Blockchain untill now?
The Blockchain is the decentralized "database" of cryptocurrencies and is called block - chain because a number of transactions (varies from cryptocurrency to cryptocurrency) when approved - is written into a block (like a sheet of paper). When the block is full, the next block gets created - so Blockchain.
Satosh Nakamoto did not invent the Blockchain. The concept of blockchain predates Satoshi Nakamoto's work. The idea of a chain of blocks secured with cryptographic methods was first described in 1991 by Stuart Haber and W. Scott Stornetta. What Satoshi Nakamoto did is taking existing technologies and create something amazing.
I knew about it for years. Just brushed it off, like many others. It was Satoshi’s Bitcoin that gave the blockchain a truly functional, modern century use case.
I totally agree with your content! I remember videos back in 2015~2016 from Andreas Antonopolis talking about what bitcoin is and how it’s the internet of money and saying it’s going to be used as the tracks or rails for what’s coming in the future!Now we’re here and it’s happening!😳👍😉😎😎
imagine guardrailing the AGI to not break the encryption keys (making the coins valueless) that would release the coins to them LOL and the AI's have always been guided through training to collect tokens and positive affirmation credits :)
Blockchains are the slowest possible databases.
Agreed. It's not for everyone.
First of all Julia thank you for making this video, really thank you. I learned a little but not enough. I hope you can go deeper on block chain usage. Maybe describe end to end what various transactions would look like using block chain, like buying a house, how would the physical identification be done if not by a notary, how would the warrant be issued, would a real estate agent be needed. Just an inch by inch walk through with blockchain vs. not blockchain, and the same for banking. You say we won’t need banks, but what will finance functionally look like instead? Where will capital reserves be held, will they be lent out as they are now? This video raised a lot of questions for me but I do appreciate that it also answers many questions
1. How would transactions like buying a house look using blockchain?
Ownership Transfer: Instead of relying on physical documents, ownership data (e.g., property titles) would exist on a blockchain as a tamper-proof, publicly accessible record.
Smart Contracts: The process could be automated using smart contracts. For example, when a buyer transfers the agreed-upon cryptocurrency to an escrow wallet, the smart contract automatically transfers the property ownership to the buyer and releases the funds to the seller.
Verification: Blockchain can verify property ownership, liens, or encumbrances instantly, eliminating the need for manual title searches.
2. How would physical identification be done if not by a notary?
Digital Identity on Blockchain: Personal identification could be linked to a blockchain-based digital identity system. This could include biometrics (e.g., fingerprint or facial recognition) or cryptographic proofs that verify identity without revealing sensitive information.
Decentralized Verification: Instead of a notary, multiple trusted nodes in the blockchain network could validate the transaction, ensuring authenticity.
3. How would the warrant be issued?
Digital Warrants on Blockchain: If "warrant" refers to proof of ownership or title deeds, these can be issued as Non-Fungible Tokens (NFTs) representing the property. The NFT would include all property metadata and ownership history.
4. Would a real estate agent be needed?
Possibly Reduced Role: Real estate agents might still play a role in providing market expertise and negotiating deals. However, blockchain can eliminate middlemen in some parts of the process (e.g., title searches, payment handling), potentially reducing fees.
5. How does banking look without banks?
Peer-to-Peer Transactions: Individuals could lend and borrow money directly through blockchain-based platforms, cutting out banks entirely.
Decentralized Finance (DeFi): DeFi platforms allow users to save, earn interest, and trade without traditional banks. All transactions occur via smart contracts on blockchains like Ethereum.
Stablecoins for Everyday Transactions: Cryptocurrencies like stablecoins could serve as digital cash, usable for everyday transactions without bank accounts.
6. What would financing functionally look like?
Tokenized Loans: Borrowers could secure loans by staking assets (e.g., property or cryptocurrencies) on the blockchain as collateral.
Crowdfunding Through Smart Contracts: Instead of going to a bank, a buyer could crowdfund a loan from individual lenders, with repayment terms enforced by a smart contract.
7. Where will the required capital come from?
Decentralized Lending Pools: Individuals or institutions could contribute to liquidity pools, earning interest while providing the capital needed for loans.
Tokenized Assets: Real-world assets like real estate or bonds could be tokenized, creating more liquidity in the blockchain ecosystem.
Blockchain technology promises transparency, efficiency, and cost reduction in many processes. However, widespread adoption will depend on overcoming legal, regulatory, and technical hurdles.
This is very true!
Ufff girl, you have a very creative and very interesting way of seeing the future and I agree with you
Having a way to have proper exchanges between agents will open up quite a lot of degrees of freedom.🎉🎉
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Decent Real Eyes Decentralize - Thank you for not being a shill
Crystals and gold. I posit that future UBI systems will not be just a single currency but at least 2 different currencies. One for essentials and one for everything else. Just as is the case in many video games, you can earn gold in game and buy crystals as an add-on. You can buy gold with crystals but not the other way around. Crystals being the currency for essentials and gold being for everything else in this example. You could buy crystals with gold but you'd want an upcharged exchange rate. This would generate profit for frugal spenders at the cost of the frivolous spenders.
We already see something similar to this with carbon tax credits. Carbon tax credits are essentially their own currency with the use case being for 1 specific thing.
Thank you.
Interesting topic. Lets also be reminded that Crypto is not designed with all cultures in mind. It can only exist in an electronic env. Outside of that, you're pretty much outta luck.
Ben Goertzel was talking about blockchain AI as much as a decade ago.
I think the idea has some merit, but most of the value of AI is going to come from scaling it up as fast as possible.
Thank you.
If you introduce bock chain technology into real estate, do we still need title companies?
At thirty seconds you said "I could actually get here and film something for you that made sense." Just wondering what kind of "Film" did you use??? Love your videos.
Let’s not ignore the energy and processing cost required to manage this. Those nodes aren’t free, and trusted node providers will want to exact a fee
Proof of work is not the only validation protocol for blockchain. Consensus like what the XRP ledger uses costs less than a penny per transaction.
Ethereum is also proof of stake with very little electricity required. Each consensus algorithm has its own tradeoffs.
This is interesting 🤔💭🤔💭🤔
Wow you changed your tune, I swear you said you weren’t sure about bitcoin because of quantum computing in a video not too long ago.
@@sirnoodles78 yep. The world is moving fast.
First of all, thank you for making this complicated topic so relatable. Second, it sounds like decentralization is the key when it comes to blockchain and AGI. Lastly, how do you think this will impact businesses like mine that offers content strategy and content creation at scale for dental practices?
Increasing amounts of energy will be required to support a growing Blockchain, and I think that Molten Salt Reactors (MSRs), such as LFTRs (Liquid Flouride Thorium Reactors), can provide that dependable, clean energy.
I think AI can create systems that are more ethical, trustworthy, and resilient, not like Trump's tariffs.
Web5 sounds amazing, but my question is and it might sound silly but when are Web3 & 4 coming?
What if Satoshi is IBM Watson?
😅 lol you never know
I feel like I’m in a Black Mirror episode 😅
Julia this web5 thing sounds to me like the cryptocurrency pi network
you are amazing
What about X? They already said that their payment system will replace all forms of financial interaction.
Ok, Julia, but it all depends on electricity. What happens when there is a big fat power outage? Does it all simply go away? I want to know.
hi jul , if AGI is born ,3 hrs after ASI will be Activate 👍👍😃
I am a notary and I love blockchain because I get the math. But, humans are biological and as far as I know there is not a digital equivalent. Or you could just then have a block chain of id's. I'm with you on Sam Altman's ORB issue, but there does need to be something along that line. I'm hoping for the day that AI figures that out and can rationalize it for the public.
I don’t really know what to do with AI or block chain. I just have a hard time understanding what it can do for me. I don’t feel like I know how to use it. I don’t really know where to start. The most I know is that I should be simply interacting with AI in order to learn.
Ok I'm thinking about war forecasting and food sovereignty. How could Blockchain Technology be implemented to keep track of all the precursors to war and the lowered levels of food production. and availability that lead to conflicts.
Hi Julia. I like to think I am reasonably intelligent at 80 years old and with a PhD in Engineering, but I am totally confused. I see the conceptual advantages to the block-chain system, but I cannot see how one gets into it. As an example - I own my house and a piece of property and that is recorded in the county. How does that ownership get into the block-chain? In order to create a new block work has to be done (mining if you will) and it seems that this is done with massive computers running 24/7 consuming vaste amounts of electrical energy. So, how would I create a block that contains the title to this land, or is it done by some other entity?
Also, how the hell do you get into crypto - one bitcoin costs a fortune these days $ 147,804 ? Finally, it seems that, while the block-chain is invincible, where does it reside? On millions of computers all over the globe? Running what systems? Thanks, Peter Fynn
Chances are AGI will come up with something better than block chain. Also something you didnt take into account with any of this is ROGUE AI which will absolutely be a thing.
Not every country is developing AI in a "friendly" manor or in the way that the US is doing it.
And for Sam i think he has nefarious intentions. He reminds me of the kid/man that owned the world in the TV series Continuum.
Lives of leisure full of meaningful pursuits, here we come! Are we ready? 🙂
I don't know how you can power both the blockchain and AI.
Blockchain makes the socioeconomically legitimate algorithmic intelligence described in Amaranthine: How to Create a Regenerative Civilization Using Artificial Intelligence feasible
While blockchain technology certainly has interesting potential applications in AI development and data verification, I'm concerned about mixing speculative AGI claims with cryptocurrency investment advice. Nobody truly knows what AGI will require or how it will develop, so claiming blockchain is "the hidden key to AGI's success" feels like an oversimplification designed to generate hype. The pivot from technical discussion to investment recommendations, even for established cryptocurrencies, combined with FOMO tactics ("the future belongs to those who prepare for it") raises red flags. It would be more valuable to focus on explaining the actual technical relationships between blockchain and AI without using it as a springboard for investment promotion. Let's keep the discussion centered on technology and innovation rather than speculation and investment advice.
I like your energy, however there is a major oversight happening here. Decentralization in terms of currency, is not possible in our system of fiat. It is how our economy gets money. Dollars flow from government spending, without it we go immediately into recession. Please learn MMT. I'm all for technology and innovation, I love this channel. Good luck to you in everything.
I think one of the ideas of bitcoin, as the simplest example, is that it is not tied to a nation state. Bitcoin is a commodity like liquid gold that can be easily transferred/transported. Other stablecoin tokens, such as USDC can be pegged to fiat (e.g. USD) to tokenize US dollars. The disintermediation is key and a real cost saver.
@ that's all fine however, it doesn't meet the definition of a currency. The dollar cannot be decentralized. It is the only acceptable means for payment of taxes. This fact creates the motion as the very engine of our national economy. It is also the reason for extreme volatility in the crypto space. It is important to recognize the fundamental principles that govern the monetary system before making erroneous assumptions. The technology of blockchain appears to be useful, that doesn't mean you can replace a national currency with smoke and mirrors overnight because you're in with the 'cool kids'. Happy Thanksgiving
@larrywalker4205 Agreed. It a commodity for now.
I enjoy your videos even though I think your views of decentralized crypto are pie in the sky.
Good luck getting governments to give up their fiat currencies. Sure, they'll eventually digitize them on the blockchain, but they'll still have some control over the value of that currency.
And how would we break up the control of all our assets currently owned by the top 1% so the decentralized currency actually works for all of us?
I guess the point is this. The entire current economic model would need a hard reset. And I just don't see that coming without a lot of global conflict.
What if I believe in the block chain but not in digital coins? On a broader topic, what if the more valuable machines get the less valuable humans become? I think that last one has been impacting us for a while now.
Please don’t make the assumption that Blockchains could be seen as separate Things from their native tokens.
Blockchains and their tokens are inseparable. Without the token, there’s no incentive for nodes to operate honestly or provide resources. The token secures the network, punishes bad behavior, and enables true decentralization. Without it, blockchains can’t deliver on their promises.
If AI is a problem, then Blockchain is the solution
Worldcoin is decentralized because it uses blockchain, right?
I need to talk to you please 🙏 please, I'm lost and I need some advice please, thanks
Blockchain wasn't created by Stuart Haber, W. Scott Stornetta, and Dave Bayer?
Are you saying that all John Connor needed to do was inventing Blockchain in order to force Skynet to behave?
Satoshi didn’t invent blockchains, but their implementation of this data structure-possibly without prior knowledge of its earlier invention-was groundbreaking. I’ve been involved in the space since 2012 and this video provides one of the most insightful explanations of the technology I’ve encountered.
I wanted to see deflation where deflation is. It should be happening already and it isn't, where is it? When will it happen? It's past time for deflation.
What about "proof of stake"?
Isn't that supposed to be better for the environment? Its all over my head to be honest.