By Jake Jones
While the hype around AI continues to gather pace, there are still major barriers to widescale adoption of the technology. The main concerns are around lack of knowledge and competence, data security and privacy concerns, implementation costs, opposition to change, and ethical and legal issues. Recent research from YouGov found that 45% of consumers are worried or concerned about generative AI, indeed there is still a huge way to go to educate and build trust in the technology before it is able to reach its full potential.
While mainstream media reporting on AI may lead us to believe that its exponential growth makes it THE leading technology today, other innovative technologies have somewhat fallen into the shadows. However, only through pairing AI with technologies like blockchain and IPv6 will we get anywhere close to realising its full potential, for which there are infinite benefits for enterprise, government and consumer sectors. Creating an evolved version of the internet for all must be something that is prioritised as a universal goal.
Blockchain as an authenticator
The success of AI hinges on high-quality and up-to-date datasets – not garbage in, garbage out. So, authenticating the integrity of the data that is fuelling AI systems is key. Without this, the issues we have already experienced with Chat GPT, Microsoft’s Bing AI going rogue, data sources being wrong and ethical concerns will only continue at an alarming rate. With blockchain, information is verified at the data gathering stage, adding accountability to enable AI to verify proven sources. It is also able to identify bad data that has been sourced into the language model, with the potential to remove and trace the source and tag to not be used in future.
Scalability requires IPv6
So, we can use blockchain to start to verify and provide accountability to begin building trust in AI, however, to solve the issue of scalability, IPv6 is the essential missing part of the puzzle. AI, blockchain and IPv6 are the holy tech trinity. In order to provide accountability, we must have edge to edge communication – individual addresses for every single device. Even with the 4.2 billion addresses available through IPv4, there are limitations. IPv6 is the only way to enable machine-to-machine communication, allowing blockchain to validate in a truly individual way.
With this configuration, we can put a value on every single data packet. At this point, we optimise blockchain and begin to realise the purpose for which it was intended. We open up a whole new range of revenue models – for example, the ability to put a fee on search could potentially remove the need for an ad revenue model for Google. The internet will become more secure, efficient and private. We can tie usage information into financials and understand how and why people are using information on a micro level and remove levels of processes and middle-men, while creating many more opportunities for 3rd party value added services.
Education and policy
Yes, we can see how streaming services and search businesses will surely benefit, but the trinity of AI, blockchain and IPv6 has the potential to benefit every single business. No matter where they are on their journey, there is not one single business that is using the technology to its full potential yet. Why? We need more education. More literature. To provide an understanding that AI isn’t just ChatGPT…it is so much more. There is a whole world of financial benefits that will provide support during the current economic crisis. The ability to provide tiny micropayments and transactions not only help with efficiency but solve for inflation also. It’s not just education but a different way of thinking that is required. Instead of seeing technology as another available product, it must be seen as a more efficient, alternative solution. Building this into traditional policy will no doubt help to minimise the impact of any financial crisis.
The convergence of AI, blockchain and IPv6 offers a promising solution that holds immense potential for creating intelligent automated decision-making systems that deliver highly reliable outputs. Businesses that harness the strengths of both technologies position themselves at the forefront of innovation, trust, growth and intelligent decision-making.
