Binance CEO warns about artificial intelligence

Changpeng Zhao compared cryptocurrencies to artificial intelligence and was concerned about the latest technology.

According to Binance’s CEO, while cryptocurrencies are a neutral technology, artificial intelligence can take over the world and make us irrelevant. “And no one cares about that”completed.

His statement comes just days after Elon Musk, Steve Wozniak and other industry icons signed an open letter calling for a pause in AI experimentation.

However, Zhao claims that he is an advocate of artificial intelligence and innovation. “But balance is needed, everywhere”he concluded.

Governments should forget about cryptocurrencies and focus on AI, Binance CEO says

Changpeng Zhao’s main point of comparison is related to the position of governments. After all, Binance’s CEO believes lawmakers are spending their efforts on the wrong technology.

“Blockchain/cryptocurrencies are technology neutral to improve efficiency and reduce transaction costs. And people care about (regulating) that.”Zhao wrote. “AI is a technology that can take over our world and make us irrelevant. And no one is worried.”

“I am pro AI, just as I am pro innovation. But it takes balance… everywhere.”

In the tweet quoted by Zhao, a user creates a “catastrophic prediction” about the evolution of artificial intelligence. As a highlight, it points out that a “smart virus” leak on the internet in the next 5 years.

“It will be impossible to eliminate her, [ela irá se] take advantage of every gap to replicate and perpetuate themselves.

Coinbase’s CEO is also in favor of artificial intelligence

Coinbase founder Brian Armstrong pointed out that the letter signed by Elon Musk is a bad idea as there is no practical solution to it. “Committees and bureaucracy do not solve anything”he thought.

“As with many technologies there are dangers, but we must continue to make progress, because the good outweighs the bad”continued the executive. “The market of ideas leads to better results than central planning.”

“Never let fear get in the way of progress and be wary of anyone trying to gain control from a central authority.”

Finally, we are still at the dawn of the artificial intelligence era. However, we are facing an unknown future, especially when we consider the result of the merger between AI and robotics.

Cryptocurrencies, while strongly opposed by governments, are just tools and should not evolve in a way that causes problems for humanity.

Source: Live Coins

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