The impact of generative AI is evident in all areas of the technology stack, ranging from infrastructure to applications, said Jesus Rodriguez, CEO of IntoTheBlock. The combination of open-source innovation in foundation models and growing concerns about centralized control in the field creates a unique window of opportunity for Web3 architectures.
The emergence of open-source alternatives to API-based tech like GPT-4, and the increasing concerns surrounding centralized control of those foundation models, has made the idea of a blockchain specifically designed for generative AI more achievable. Such a blockchain would need to possess key properties that can help with transparency and control risks in generative AI.
The adoption of foundation models in Web3 platforms can follow two fundamental paths: incorporating conversational capabilities powered by large language models, and building a blockchain runtime that can inherently support generative AI models.
Building a new blockchain comes with numerous challenges, but the rapid evolution of L2 runtimes, platforms like Cosmos, and the emergence of high-performance L1 ecosystems like Aptos or Sui make the possibility of a generative AI blockchain much more achievable than in previous years, said Rodriguez.
Developing native generative AI capabilities is nothing short of an existential challenge for Web3, as it is crucial to enable new waves of innovation in the field.