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Latest cryptocurrency news > Cryptocurrency > Vitalik Buterin Proposes AI to Expedite Community Notes
Cryptocurrency

Vitalik Buterin Proposes AI to Expedite Community Notes

BH NEWS
Last updated: 3 September 2024 13:04
BH NEWS 1 year ago
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At the Kore Blockchain Week 2024, Ethereum co-founder Vitalik Buterin discussed the potential application of artificial intelligence (AI) to accelerate the generation of community notes on the social media platform X. These notes offer users the ability to add context to potentially misleading posts, and if deemed helpful by enough contributors, they are displayed publicly under the relevant post. However, the current system has faced criticism for delays in note publication, leaving room for misinformation to spread before context is provided.

Contents
Buterin on Community NotesHow Could AI Help?Concrete Inferences from Buterin’s Proposal

Buterin on Community Notes

Buterin pointed out that while community notes are valuable, their slow appearance remains a major issue. He emphasized that by the time the notes are visible, misleading posts might have already caused harm. According to him, the delay in contextualizing posts is problematic, and a faster solution is necessary.

To address this, Buterin suggested utilizing prediction markets, which are open platforms where users can forecast outcomes on various topics. He cited Polymarket, a decentralized prediction platform where people make predictions on debated subjects like politics, sports, and crypto. Buterin believes that prediction markets could significantly reduce the delay in providing contextual notes.

How Could AI Help?

Buterin proposed that social media platforms like X could employ questions to determine whether a post requires a community note. Using large AI language models (LLMs) and bots, users could invest small amounts in prediction markets to expedite the process. This would encourage quicker and more accurate contextualization of posts, rewarding those who predict outcomes correctly.

Concrete Inferences from Buterin’s Proposal

– Integrating AI with prediction markets can dramatically reduce the time needed for publishing community notes.

– Platforms like Polymarket serve as successful models for implementing decentralized prediction mechanisms.

– Employing LLMs and bots in prediction markets can provide a cost-effective solution to misinformation.

– Rewarding users for accurate predictions could incentivize participation and improve the overall quality of community notes.

In conclusion, Vitalik Buterin’s insights at the Kore Blockchain Week 2024 shed light on innovative ways to leverage AI and prediction markets to improve the speed and accuracy of community notes. This approach holds promise for mitigating the spread of misinformation on social media platforms.

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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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