Odaily Planet Daily News BitMEX founder Arthur Hayes wrote that the future artificial intelligence (AI) will self-organize through DAO. AI will no longer rely on the traditional corporate structure, but choose the public chain for deployment and operation.
He took the hypothetical AI "PoetAI" as an example to explain how to deploy DAO and tokens on public chains such as Ethereum through smart contracts.
Hayes also predicted that Ethereum transactions would increase exponentially as the DAO proliferated, causing the price of ETH to soar. At the same time DEXs will become natural monopolies as they will be the first truly global trading venue where anyone with an internet connection or AI can trade. Since AI cannot be coerced by the state, exchanges that support the trading of various forms of DAO tokens may become natural monopolies. Identifying these DEXs and buying their governance tokens will generate huge profits.