Vitalik: Crypto is a secure underlying layer, Crypto+DeAI may save the world

In an interview with Tencent's "Qianwang", Ethereum co-founder Vitalik expressed his views on the intersection of Crypto and AI industries. He said: "The role of Crypto is to make a game. The game you make may have many goals. Trading can be said to be a game. Another example is the prediction market. This year, Polymarket (a prediction market project) has been more successful. Crypto can make a game, use smart contracts to execute the rules of the game more safely, and AI can participate in this game. If only people participate, sometimes the efficiency is not high enough. For example, in the prediction market, I played more in Polymarket this year. I found that the quality of their results was not very high four years ago, and this year it is much higher than four years ago. Why? One of the reasons is that there is more liquidity. Last year it may be 1 million or 10 million US dollars, this year it may be 100 million or 200 million. But I also found that this year, for matters with low liquidity, its answers are also better. So, it is very likely that AI is involved now. The reaction speed of AI is very fast. If a person does this, he needs to be on the computer for 24 hours, watching all the news every minute and every second. And a LLM, you let it run, it can do it by itself. I think there will be more examples in the future, maybe in the social field, maybe in other fields. Crypto is a security bottom layer. Through Crypto, you can make a game to ensure that the rules of this game are fair. The role of AI is to participate. "In addition, he mentioned: "If you want to see how Crypto can save the world? It can't be just Crypto, but Crypto + something else. What is Crypto +? The first one may be Crypto + Decentralized AI; the second one may be Crypto + a technology that can replace AI. " Finally, he believes: "If issuing a coin and making an exchange are the only things we do, then this industry is a failure. Before this year, the transaction fees were too high, some important technologies were not mature, account security issues were not resolved, privacy issues were not resolved, and many problems were not resolved. Therefore, before this year, our industry did not have enough technology to make applications that ordinary people can participate in. One of the reasons why the only successful application is DeFi is that DeFi can make more money. This year, we finally started to solve these problems. This year is the best time to make meaningful applications. "