Saturday, 30 May 2020

Blockchain big thinkers see endless possibilities

The future is scary, creepy and full of wondrous possibilities. Understanding it is the trick.

At the Cryptochicks Blockchain and AI Conference, a crowded room at the RBC Waterpark, two of the world’s preeminent thinkers laid out the future Saturday.

The roundtable, moderated by Toronto Sun Editor-in-Chief Adrienne Batra, featured innovators Vitalik Buterin and Ben Goertzel speaking about the future of Artificial Intelligence and blockchain.

But one of the frightening aspects of the new world order is the threat — real and perceived — to people’s privacy.

“The things that are happening are great and I don’t know whether people care enough about their privacy to discard those services,” Ben Goertzel said, adding people have been watched closely already for a very long time.

“Say hello to the Chinese and Russian secret services,” he joked.

Part of the problem that both men underlined was blockchain’s current capacity, but techies are working on a way to use the system and maintain your privacy.

“We want to hold back the data so we can participate in these markets but keep people’s data being protected,” said Buterin, one of the co-founders of Ethereum, an open-source, public, blockchain-based distributed computing platform and operating system.

Goertzel added that individuals and large corporations do not want to be completely beholden to Google, Microsoft and other titans of the tech world.

“But we have to make blockchain scaleable and right now it’s not,” he said.

Both rock stars of the tech world foresee the possibilities of AI as infinite and something that if it’s controlled could be of considerable benefit to mankind.


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