Rethinking Power Dynamics: Balancing Data Security with Artificial Intelligence Advancements

Title: Growing Concerns Over Centralization and Artificial Intelligence Threats

As the world prepares for a future where general artificial intelligence (AI) and scalable quantum computers become a reality, concerns are mounting about the potential dangers of centralization and AI threats. Avidan Abitbol, project director of Data Ownership Protocol, warned that institutions will not accept Web3 without data protection. The head of a prominent Web3 company countered by proposing zero-knowledge proofs as a solution to selective disclosure, which would protect sensitive on-chain data from being compromised by malicious actors.

In the context of decentralized AI development, Onicai leaders expressed concerns in November about large technology companies’ AI products, emphasizing that decentralized AI is crucial for self-sovereignty and ensuring that AI-based solutions work for individuals rather than corporations or institutions. Evin McMullen, co-founder of Privado ID, a decentralized identity solution provider, highlighted the risk of biometric data vulnerability to centralized third-party providers working with Big Tech companies. This raises concerns about the selective disclosure of sensitive information, making it accessible only to authorized parties.

The issue at hand is not just about data protection but also about the potential misuse of power and control by dominant entities. It’s a stark reminder that the Web3 community must prioritize decentralization and transparency in AI development to ensure individual autonomy.

Source: www.bitcoinbazis.hu