The rise of artificial intelligence (AI) has been a major development in the tech world. AI is being used to automate processes, improve decision-making, and even create new products and services. But with this technology comes some serious ethical concerns. How can we ensure that AI is not used for malicious purposes? This is where Web3 can come into play as “the trust layer” to counter these issues raised by AI.
Web3 refers to the decentralized web which uses blockchain technology to enable secure peer-to-peer transactions without relying on any third party or centralized authority. It allows users to interact directly with each other without having their data stored on a central server, making it much more difficult for hackers or malicious actors to access sensitive information or manipulate data.
One way Web3 could be used as “the trust layer” is through its ability to provide transparency and accountability when it comes to using AI algorithms in decision-making processes such as hiring decisions or loan approvals. By leveraging smart contracts built on top of blockchain networks, companies can ensure that all decisions are made according to predetermined rules and criteria while also providing an audit trail so that any discrepancies can be easily identified and addressed if necessary.
Another potential use case for Web3 would be in creating digital identities for individuals who want control over how their personal data is shared online. With blockchain technology, users will have complete control over what information they share with whom and when they do so – giving them greater autonomy over their own privacy settings than ever before possible under traditional systems like Facebook or Google accounts where user data may be sold off without consent from the individual concerned..
Finally, Web3 could also help protect against bias in machine learning models by allowing developers access only certain datasets needed for training instead of large amounts of potentially biased data sets which might lead machines down paths towards unfair outcomes based on race/gender/etc..
In conclusion, there are many ways that Web3 could serve as “the trust layer” between humans and machines when it comes to addressing ethical concerns around artificial intelligence usage today – from providing transparency & accountability in decision making processes through smart contracts; creating digital identities so individuals have full control over how their personal data is shared; protecting against bias within machine learning models; etc… The possibilities are endless! |Web3 Can Be “the Trust Layer” To Counter Issues Raised By AI|Technology|CoinDesk
