Galaxy Digital CEO Mike Novogratz says blockchain technology could offer people protection from “scary” artificial intelligence (AI).
In a new interview with the YouTube channel When Shift Happens, Novogratz says he is betting on blockchain technology to offset the potential negative impact of massive centralized AI databases, although he did not provide specific details.
“I instinctively think that AI is really scary. And I go back to Minority Report, that movie with the supplies and the pictures, and it’s one of the great centralizing forces on the planet – a huge centralized database. And so the yang to this ying blockchain has to be.
And I don’t know how it works yet. I’m not smart enough. I just know intuitively that there has to be something that protects us from Big Brother, and blockchains have that ability.”
He also believes that helpful AI agents using blockchain technology could work better than current traditional financial systems for payments, for example.
“And the other part of it is these AI agents. Your agent knows what to buy for you, such as groceries. Well, where should we go…
