Chao Cheng-Shorland, CEO and co-founder of ShelterZoom, a leading Web3 smart-document and cyber resilience SaaS provider, believes that blockchain technology can provide a solution to the immediate risks posed by artificial intelligence (AI). “Harnessing the best of AI while avoiding the worst-case scenarios of ‘the Singularity’ requires a different approach to security, and blockchain technology provides that,” he says. Microsoft’s Chief Security Advisor Terence Jackson agrees, noting that “attackers may generate new and complex types of malware, phishing schemes, and other cyber dangers that can avoid conventional protection measures.”
AI and blockchain technology can be used together to secure data, prevent algorithmic discrimination, and combat deep fakes and other fake AI-generated content. Cloud computing’s scalability and accessibility combined with the availability of big data can enable businesses to leverage AI capabilities without having to invest in expensive and complex infrastructure. AI is already being used in everyday work functions from customer service to accounting and telemedicine, while blockchain technology is streamlining supply chain operations, digital identity verification, and patient access to medical records.
Cheng-Shorland believes that “AI is more than just smart vacuums and ChatGPT. And blockchain is obviously more than just Bitcoin and NFTs.” He encourages organizations to use blockchain technology to boost efficiency and enable the highest level of data security. “After all, data, for most organizations, represents the most important asset.”