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Reading: AI’s Growing Role in Online Interactions Sparks Debate on Identity Verification
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Latest cryptocurrency news > BLOCKCHAIN > AI’s Growing Role in Online Interactions Sparks Debate on Identity Verification
BLOCKCHAIN

AI’s Growing Role in Online Interactions Sparks Debate on Identity Verification

BH NEWS
Last updated: 26 December 2023 15:40
BH NEWS 2 years ago
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Over a year since ChatGPT’s introduction, tech giants like Google, Microsoft, and Meta have been spurred into action, fearing being left behind in AI innovation and adoption. With millions trying AI chatbots monthly, the technology’s role in daily life is expected to grow exponentially as more users understand its capabilities.

Alex Blania, CEO of Tools For Humanity, shared concerns in a recent interview with FT Partners about AI potentially dominating online interactions. He highlighted the importance of distinguishing between real humans and AI online, outlining three main solutions: government infrastructure (KYC), trust networks among people, and biometrics.

Tools for Humanity, known for developing Worldcoin, a crypto project that uses orb devices to scan irises to help verify online identities, addresses the concept of proof of personhood. This approach raises concerns about privacy and the willingness of individuals to share sensitive personal or biometric data for identity verification.

With the internet already rife with malicious actors and fake bot accounts, many thought leaders fear AI’s rise could worsen such behaviors. The Worldcoin solution, which involves collecting sensitive data, has sparked widespread concern about data privacy and security.

In an era of frequent data breaches, Blania and others believe blockchain technology could play a crucial role in ensuring trust when collecting data necessary to verify billions of identities. Blockchain‘s core features include immutable, decentralized databases that store encrypted information, preventing any single entity from having sole control over the data.

Blockchain advocates argue that decentralized systems are more reliable because they are less vulnerable to attacks and changes, as they rely on collaboration and consensus, unlike centralized systems that are more susceptible to single points of failure.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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