All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- The recent incident of AI-powered deception of a bomb explosion at The Pentagon highlights the need for verifying the authenticity of AI-generated content.
- Web3 technologies, such as blockchain and oracles, offer potential solutions to address the challenge of identifying AI-generated content, providing a decentralized system for verifying the authenticity of media.
While artificial intelligence (AI) technology and developments are making inroads at godspeed, one recent incident has rattled everyone. In the recent case of AI-powered deception, a fake image showing a bomb explosion near The Pentagon sent shockwaves causing the stock market to dip a bit.
On Monday, May 22, a verified Twitter account that goes by the name BloombergFeed, pretending to be affiliated with the media giant shared an image of a large explosion taking place at the Pentagon, which is the headquarters of the US Department of Defense. The news gained quick traction and was shared by multiple media outlets.
Prime example of the dangers in the pay-to-verify system: This account, which tweeted a (very likely AI-generated) photo of a (fake) story about an explosion at the Pentagon, looks at first glance like a legit Bloomberg news feed. pic.twitter.com/SThErCln0p
— Andy Campbell (@AndyBCampbell) May 22, 2023
Blockchain network Chainlink explains how “AI-generated misinformation + accelerated news cycles + embedded finance” present a compounding risk for the financial market. With every passing day, the AI revolution is spreading at lightning speed and AI tools continue to become smarter.
The speed and quality of AI-generated content are increasing rapidly, however, the technology to verify the authenticity of AI-generated content has fallen behind. It’s becoming nearly impossible to identify AI-generated content across text, images, audio, and video.
However, Chainlink explains that the use of Web3 technologies such as blockchains and oracles could help publishers as well as consumers to verify that the media generated is authentic and unaltered before being propagated.
AI-generated misinformation + accelerated news cycles + embedded finance—where fintech and social media platforms are intertwined—represent a compounding risk for financial markets and Internet life at large. Today, we saw another potent example with the fake image of the… https://t.co/P3LEDF1Jmy
— Chainlink (@chainlink) May 22, 2023
Blockchain and Oracles to Offer Guardrails for AI Systems
Amid the current times of hyperconnectivity and AI proliferation, demand for cryptographic truth has shot up significantly. This presents a unique opportunity to Web3 developers to build guardrails for the fast-emerging era of adversarial AI.
A blockchain network will provide a decentralized, transparent, and censorship-resistant Internet-native economic settlement layer which will enable immutable data storage and permissionless, trust-minimized digital interactions. Chainlink notes:
The combination of blockchain and AI can produce intelligent automated decision-making systems that provide highly reliable outputs that trigger specific real-world outcomes based on immutable, tamper-proof data.
Chainlink further explained that by utilizing blockchain-based hashes, tokens, and timestamps, along with Oracle networks for real-world validation, it becomes possible to incorporate a cryptographic watermark into the content of a file. This unique digital signature can then be used to authenticate the source and track the modification history of different types of media.
The convergence of blockchain and AI presents opportunities for new business models, operational efficiencies, automation of repetitive tasks, secure data exchange, AI-driven smart contracts, and increased trust and transparency in infrastructure and economic processes.
Chainlink explains several use cases for AI and blockchain such as security, supply chain, authenticity verification, data analytics, financial services, and much more. Ahead this year, Chainlink shall be conducting its Spring 2023 Hackathon wherein developers across the world will compete over AI, DeFi, and other topics.
