Tether’s technological mastermind, Paolo Ardoino, postulates that if given a choice, artificial intelligence (AI) would lean towards Bitcoin rather than centralized cryptocurrencies such as stablecoins.
In a potential future where human and AI integration becomes reality, Bitcoin, currently valued at $30,489, could emerge as the preferred monetary system for advanced machine intelligence, as per Tether’s top tech executive, Paolo Ardoino.
In a lively dialogue at the Plan B Summer School event in Lugano, Switzerland, Ardoino discussed this fascinating prospect with Cointelegraph journalist Joseph Hall.
Given Bitcoin’s decentralized structure, Ardoino contends it would be the prime choice for AI looking to embrace a digital currency:
“In my view, only Bitcoin would be the choice of AGI.”
Artificial general intelligence (AGI) is a kind of AI capable of mastering any intellectual task that humans can do. The launch of advanced language learning models, such as ChatGPT, has unlocked tremendous potential for AI and AGI, revolutionizing industries and changing the way we perform a plethora of tasks.
Ardoino visualizes a future where human and AI integration could occur via bionic enhancements and “boosted cognitive ability.” Elon Musk’s Neuralink venture is a noteworthy example of attempts to investigate cognition enhancement powered by AI technology.
Drawing from cinematic depictions like The Matrix, which portray potential dystopian futures ruled by AI, Ardoino postulates that AGI would inherently prefer Bitcoin over centralized currencies:
“An autonomous machine would invariably opt for something utterly decentralized and beyond human control. If machines need to pay for energy to function, they will use something humans can’t manipulate, and that would be Bitcoin, I believe.”
As the CTO of Tether, the entity responsible for the leading USD-backed stablecoin by market capitalization, Ardoino posits that AI wouldn’t utilize USDT due to its centralized nature.
Ardoino believes we could witness a future where humans and AI coexist in just 20 to 30 years. Nevertheless, this timeframe could change if the focus shifts more towards reversing aging rather than integrating AI and bionic elements to enhance human physical and mental abilities.
“The future seems to be steering us towards augmented intelligence, leading to an amalgamation of AI and human brains. Perhaps that is humanity’s destiny.”
Organizations like BlackRock, the world’s most extensive asset manager, view the AI ecosystem as a prime investment opportunity due to its potential to cause major disruptions. A mid-year outlook report noted an increasing concentration of S&P 500 gains within a few tech stocks.