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Cryptocurrency world’s notable figure Charles Hoskinson, known as the founder of Cardano and a key figure in the crypto industry, has been in the news recently with his statements. This time, he drew an interesting parallel between blockchains and artificial intelligence models.
Cardano Founder’s Statement on Artificial Intelligence
Hoskinson, in a recent article published by X, compared blockchains to artificial intelligence models to demonstrate why short-term narratives don’t always work. He specifically referred to the analyses of the “ChatGPT” model by the US-based AI research company Sam Altman’s OpenAI.
As you may recall, a few months ago, there was widespread media coverage about OpenAI “dominating everything”. However, as Hoskinson points out, this is now changing. For instance, Anthropic, an AI startup founded by former OpenAI employees, has drawn attention by introducing its Claude 3 family of models.
According to Anthropic’s statements, these models have managed to outperform OpenAI’s GPT-4 in undergraduate-level knowledge, graduate-level reasoning, elementary school mathematics, coding, and complex evaluations.
Meta (Facebook) Prepares for a Significant Step
According to a report by The Information, Meta (formerly known as Facebook), is preparing to launch its Llama 3 language model in July. This indicates an increasingly competitive environment in the field of artificial intelligence. Moreover, Elon Musk’s creative idea, the Grok chatbot, also has the potential to create new competition in the AI field.
As Hoskinson suggests, short-term narratives may not always be effective. However, the developments in this process more clearly highlight the similarities and competition between blockchains and artificial intelligence models.
Significant Claim About the Future of Cardano
Charles Hoskinson, the founder of Cardano, claims that Cardano currently holds all the cards as an ecosystem. He mentions their ability to attract millions of people and asserts they have a sovereign wealth fund on the chain and that he wouldn’t bet against an ecosystem that has operated 24/7 for over 2300 days without failure.
The founder of Cardano also emphasized that blockchain has the best plan for scalability and governance. Hoskinson had previously claimed that first-mover advantages, especially in groundbreaking sectors like decentralized finance, could actually be a disadvantage due to the temporary nature of network effects. These developments can be seen as a reflection of the steps taken towards sustainable growth and success as part of Cardano’s long-term vision.
