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The crypto bros are coming for AI

Dec 23, 2023 - businessinsider.com
The article discusses the shift of many figures in the cryptocurrency industry towards AI, following a challenging year for crypto. With crypto funding drying up and key figures facing legal issues, many are attempting to reinvent themselves in the booming AI technology sector. The influx of these "crypto refugees" into the AI industry could potentially fuel the ongoing debate between those pushing for rapid AI development and those advocating for responsible tech building.

The article also highlights the growing influence of the Silicon Valley AI ideology known as effective accelerationism, which advocates for unchecked technological progress regardless of societal impact. This ideology has gained high-profile backers, including veteran investors and early crypto backers Marc Andreessen and Garry Tan. Critics warn that this ideology could overshadow practical concerns surrounding AI with more unrealistic science-fiction scenarios, potentially exacerbating the AI's brewing culture war.

Key takeaways:

  • Many figures in the world of cryptocurrency are rapidly pivoting towards AI, as crypto funding dries up and key figures face legal issues.
  • The influx of crypto refugees into the AI industry could intensify the debate between those pushing for AI development to move even faster and those ensuring that the tech is being built responsibly.
  • Effective accelerationism, an ideology that believes in unchecked technological progress as quickly as possible, is gaining traction in the AI industry and has overlap with the anti-regulation sentiment in the crypto community.
  • Experts warn that the influx of former crypto enthusiasts into the AI industry could exacerbate the ongoing culture war in AI, overshadowing practical concerns surrounding AI with more unrealistic science-fiction scenarios.
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