AI Colliding with Blockchain? Mike Novogratz Supports Reddit Founder’s Stunning Prediction

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In a latest put up on the X social media community, Galaxy Digital CEO Mike Novogratz referred to as consideration to a latest put up by Reddit co-founder Alexis Ohanian, through which the previous describes the potential convergence of synthetic intelligence (AI) and blockchain.

In keeping with Ohanian, one expertise is creating “an indeniable want” for the opposite. He explains that the web is at the moment inundated with photos which can be generated with the assistance of AI.

The truth is, a 2023 research exhibits that 150 years price of photos have been created within the span of only a single 12 months with the assistance of such text-to-image mills as Secure Diffusion and Midjourney.


Ohanian envisions a world the place not a single digital image can’t be trusted because of the proliferation of AI. The expertise is progressing at such a speedy tempo that many are already struggling to tell apart between actual and AI-generated images. “So, think about a world the place you can not belief a single JPG you see. You’ll be able to’t know if it is actual or not, if it was taken by somebody who says they took it, or if it depicts one thing actual,” the entrepreneur mentioned.

The Reddit co-founder believes that the blockchain expertise could possibly be used to confirm the origins of a picture’s origin. It will be potential to substantiate the authenticity of a sure picture by signing an immutable international ledger digitally with one’s gadget.

This might be an ideal use case for blockchain, in line with Ohanian. “If you happen to’re a President or a CEO – even for those who’re only a teenage child—it is about to be very, very beneficial to show that a picture is yours,” he added.

Blockchain-based verification is nothing new. For example, accounting large Ernst & Younger, as an example, launched a blockchain-powered service for detecting faux sake again in 2020. Norwegian fisheries additionally began counting on IBM’s blockchain tech for monitoring salmon and battling seafood fraud.

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