Kore Blockchain Week 2024 saw Ethereum co-founder Vitalik Buterin share his thoughts on how artificial intelligence technology could speed up the production of community notes on the social media platform X. Community notes allow the community to add context to potentially misleading posts. Contributors can leave notes on posts, and if enough contributors find the note helpful, it is publicly displayed under the post.
Vitalik Buterin’s AI Statement
While these notes are useful, Buterin said the biggest criticism of community notes is that they do not appear quickly enough. This suggests that misleading posts may have already misled some people before the notes appear. Access NEWSLINKER to get the latest technology news.
Buterin added that the delay required to provide context to posts through community notes is too long. However, the Ethereum co-founder argued that the solution could be found in prediction markets.
Prediction markets are open markets that allow users to make predictions on specific outcomes. One of the examples Buterin gave is the decentralized prediction platform Polymarket, where people make predictions on highly debated topics like politics, sports, and crypto. Buterin said:
“One way to think about prediction markets is as a building block that can make other mechanisms faster. You take an existing mechanism and then make something much faster that is incentivized to do the best possible job.”
Details on the Subject
He suggested that there could be a question on the social media platform X to determine if a post requires a community note. Buterin said people could use large AI language models (LLMs) and bots to invest small funds in this prediction market.
Buterin explained that this could speed up the process of reaching the truth and incentivize the mechanism for participants, sharing the following thoughts:
“This mechanism will put the note at the end and then reward those who correctly predict the outcome, right? So here you basically have a low-cost but fast vector.”
