Saturday, March 25, 2023
  • Privacy Policy
  • Terms of Service
  • Cookie Policy
  • Advertise
Digital Finance Security
  • Home
  • Security Alerts
    • Money Laundering with crypto
    • Minting and Supply
    • Crypto scams
  • Artificial Intelligence
  • Programming
  • Regulation and CBDCs
  • Latest
No Result
View All Result
  • Home
  • Security Alerts
    • Money Laundering with crypto
    • Minting and Supply
    • Crypto scams
  • Artificial Intelligence
  • Programming
  • Regulation and CBDCs
  • Latest
No Result
View All Result
Digital Finance Security
Home Artificial Intelligence

Crypto scams using AI hype in false marketing

Ibrahim Ihssan by Ibrahim Ihssan
February 9, 2023
in Artificial Intelligence, Latest, News
A A
Digital finance artificial intelligence

Digital finance artificial intelligence

Share on FacebookShare on TwitterShare on LinkedinEmailWhatsappTelegram

The hype around “Artificial Intelligence” is used for marketing

The recent buzz surrounding artificial intelligence and its impact on the job market is largely exaggerated. Claims that AI will replace programmers are unfounded and should not be taken at face value. Creatives such as writers, painters, musicians, and designers will likely remain essential for the foreseeable future. It’s important to seek out expert opinions on this matter rather than relying solely on social media. Currently, the term “artificial intelligence” is being misused for marketing purposes in the blockchain industry. Beware of false claims in this field.

Smart Contracts With AI

I recently came across the Blockchain project, which aims to create smart contracts using Artificial Intelligence. While it sounds promising, I remain skeptical about its practical applications.

I have been keeping a close eye on the Keter Network project and its development, as stated in its white paper (found at keternetwork.com). However, I am proceeding with caution as I could not find any updates or publications on their Github page (github.com/keter-network).

“Artificial Intelligence” is being used for marketing

Artificial Intelligence (AI) has been the subject of much discussion and speculation in recent years. From claims that it will replace jobs to predictions that it will revolutionize industries, AI has captured the entire imagination of people all around the world. One of the industries that has been quick to embrace AI is the blockchain industry, which has been claiming to use AI for smart contract creation.

However, it is important to be cautious when evaluating these claims. The buzz surrounding AI and its impact on the job market is largely exaggerated, and it is crucial to understand that many of the claims about AI replacing human workers are unfounded. For instance, some have claimed that AI will replace programmers, but in reality, this is unlikely to happen. In most cases, AI is simply a tool that will augment human workers and make their jobs easier, rather than replacing them entirely.

In the same vein, many creatives such as writers, painters, musicians, and designers are likely to remain essential for the foreseeable future. AI is still in its infancy and lacks the intuition, creativity, and emotional intelligence that many human workers possess. While AI may be able to automate certain aspects of their work, it is unlikely to replace them entirely.

It’s important to seek out expert opinions on this matter rather than relying solely on social media, which is often filled with misleading information. Currently, the term “artificial intelligence” is being misused for marketing purposes in the blockchain industry. It is crucial to beware of false claims in this field, as there are many companies that are more concerned with making a quick profit than with delivering real value.

Smart Contracts With AI

One of the projects that has been making waves in the blockchain industry is the KeterNetwork project, which aims to create smart contracts using Artificial Intelligence. While it sounds promising, it is important to be skeptical of its practical applications. The idea of using AI to create smart contracts is still in its early stages, and it is unclear how well it will work in practice.

I have been keeping a close eye on the KeterNetwork project and its development, as stated in its whitepaper (found at keternetwork.com). However, I am proceeding with caution as I could not find any updates or publications on their Github page (github.com/keter-network). This raises questions about the project’s development and concerns about its viability.

In conclusion, AI is a powerful tool that has the potential to transform entire industries, but it is important to be cautious when evaluating the claims being made about it. AI is still in its early stages, and it is unclear how well it will work in practice. When evaluating projects in the blockchain industry, it is important to seek out expert opinions, be wary of false claims, and proceed with caution.

Previous Post

devpost.kb

Next Post

Coinbase warns of “staking crackdown”

Related Posts

#image_title
Latest

Digital Russian Ruble imminent

March 20, 2023
#image_title
Artificial Intelligence

How AI could upend the world even more than electricity or the internet

March 20, 2023
#image_title
Artificial Intelligence

A new method to boost the speed of online databases

March 14, 2023
#image_title
Artificial Intelligence

A new and better way to create word lists

March 14, 2023
Load More
Next Post
#image_title

Coinbase warns of "staking crackdown"

#image_title

Regulation ramp up: Kraken to end on-chain staking services

POPULAR

  • #image_title

    Laundering on Ethereum mainnet

    6 shares
    Share 2 Tweet 2
  • Flashloan Attack Alert – ETH mainnet

    2 shares
    Share 1 Tweet 1
  • Speculation mounts that U.S. banking crisis was a ploy to push CBDCs

    1 shares
    Share 0 Tweet 0
  • 1,000,000,000 USDT minted on Tron network

    3 shares
    Share 1 Tweet 1
  • USDT Minting Activity

    9 shares
    Share 4 Tweet 2

digitalfinsec.com




201 N. Union St,

Suite 110,

Alexandria, VA 22314, USA





info

  • Advertise
  • Terms of Service
  • Privacy Policy
  • Cookie Policy

partners

Trade stocks today

Trade crypto 20% off today

Trade fractional shares today

Get your hardware wallet today

Analyze stocks like a pro

Recent Alerts

Flashloan Attack Alert – ETH mainnet

Laundering on Ethereum mainnet

Flashloan Attack Alert – ETH mainnet

Flashloan Attack Alert – ETH mainnet

Flashloan Attack Alert – ETH mainnet

Flashloan Attack Alert – ETH mainnet

© 2023 DigitalFinSec.com by Digital Finance Security, LLC - All rights reserved.

No Result
View All Result
  • Home
  • Security Alerts
    • Money Laundering with crypto
    • Minting and Supply
    • Crypto scams
  • Artificial Intelligence
  • Programming
  • Regulation and CBDCs
  • Latest

--

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy here and our Cookie Policy here.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?