- cross-posted to:
- futurology@futurology.today
- cross-posted to:
- futurology@futurology.today
Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.
Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”
So I’m mostly in agreement with you and I’ve said before I think we’re at the “VR in the 80’s” point with AI
I’m genuinely curious about the legit use you’ve seen for NFTs specifically though. I’ve only ever seen scams
An NFT is pretty much just some data put on a blockchain, it has the same use case as most other blockchain tech: Data integrity and transparency. NFTs specifically could be useful as a framework for showing ownership of something, for example vehicle ownership could be stored in this manner. It would give you a history of previous owners and how old the vehicle is. My country has something like this but making inquiries for a vehicle’s history is pretty annoying and could be improved with this tech.
That’s a problem that’s already solved though. Nfts are really just a way for crypto bros to scam others.
As I said: Having the vehicle register stored on a blockchain would make it very easy to access a vehicle’s history. Currently you need to submit a request and it takes days for them to get back to you.