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Vitalik Buterin Flags Risks of AI Running Blockchain Projects

Key Takeaways

  • ​Vitalik Buterin warns that AI-led decision making in crypto governance could be exploited by users who know how to bypass safeguards;
  • He pointed to a recent ChatGPT vulnerability as an example of how current AI tools can be misused to leak private data or act unfairly;
  • Instead of relying on one AI system, Buterin proposes using multiple models reviewed by both the community and human judges.

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Vitalik Buterin Flags Risks of AI Running Blockchain Projects

Vitalik Buterin, Ethereum ETH $4,494.24 co-founder, has shared concerns about involving artificial intelligence (AI) in blockchain project governance.

He explained in a post on X on September 13 that letting AI take control of important decisions, such as how to distribute funds, opens the door to potential abuse. Buterin noted that such systems can be manipulated by users who know how to bypass restrictions.

His remarks were made in response to a video by Eito Miyamura, the founder of EdisonWatch, a platform that tracks AI behavior. The video highlighted how a new feature in ChatGPT could be exploited to reveal private data.

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For Buterin, this was another example of how current AI models can be misused, which makes them risky tools for managing community decisions in crypto ecosystems.

Rather than relying on a single AI to handle governance, Buterin suggested a different model, one that involves multiple independent systems. In this approach, various contributors could submit their own AI models to a shared environment.

These models would be regularly reviewed through a process open to anyone. If anything looked suspicious, a group of human reviewers would step in to check the results.

He explained that this setup would create a more balanced system. By allowing a mix of different AI models instead of just one, the risk of manipulation is reduced.

It also encourages contributors and outside observers to monitor the process closely and report any issues they find.

Buterin recently voiced his support for companies that hold Ethereum as part of their corporate treasury strategy. What did he say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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