Blockchain for digital inclusion? This platform makes AI accessible to everyone

cointelegraph.com:

As technology advances, artificial intelligence (AI) has become more than a buzzword used by high-level executives. Today, technology is becoming a part of the world’s everyday interactions, with several real-world use cases emerging. According to an article from MIT Sloan School of Management, some of these prominent use cases include investing in skills and training to transform job quality, rapidly developing content such as with tools like ChatGPT and, in the financial sector, rebalancing taxes. In the blockchain space, another use case was made apparent from early and mid-stage blockchain projects that have begun to use AI and tokenomics to create more liquidity for project tokens.

Yet while the applications of AI are many, there is still a great fear that governments and corporations will control AI. Currently, Microsoft, Google and Amazon are at the forefront of these developments, causing tech experts to grow increasingly concerned about the tool’s potential to spread misinformation and impact consumer privacy. These concerns stem from long before the widespread use of AI, further highlighting concerns about power dynamics, privacy and other abuses of what is now an even more advanced technology.

In embracing the possibilities of AI, it is important to examine one pressing concern: the concentration of power in the hands of a few dominant entities. Large corporations already have significant influence over various aspects of society. If AI technology was exclusively controlled by a select few dominant entities, it could further consolidate power, limit access to AI resources and hinder innovation from smaller players. This creates a potential imbalance that could stifle competition and prevent diverse perspectives