Bitcoin Can Decelerate AI, Tuur Demeester Claims
U.Today
19 Nov 2023 9:07 AM
Tuur Demeester recently sparked debate on potential impact of Bitcoin mining on advancement of artificial intelligence, suggesting that Bitcoin's intense demand for resources could slow down AI's development...
- Cryptocurrency analyst Tuur Demeester suggests that Bitcoin's resource-intensive nature could slow down the advancement of artificial intelligence (AI).
- Demeester argues that the demand for big data, electricity, and semiconductor chips are key bottlenecks for the development of advanced general intelligence (AGI).
- Bitcoin mining, with its significant demand for chips and electricity, could create a competitive landscape for these critical resources, acting as a counterbalance to AI's growth.
- Demeester proposes analyzing the expected resource demand interplay between the cryptocurrency and AI sectors.
- However, critics argue that Bitcoin might actually accelerate AI development by enabling it to interact with humans through Bitcoin transactions.
The article presents a novel viewpoint on the interplay between Bitcoin and AI, suggesting that Bitcoin's resource-intensive nature could act as a brake on AI's rapid advancement. However, there are critics who argue that Bitcoin might actually accelerate AI development.