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Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

Ari Juels: Can AI Weaponize Blockchain Smart Contracts? - Chainlink

Nov 19, 2024
Ari Juels, a Cornell professor and chief scientist at Chainlink, dives into the potential perils when AI meets blockchain. He warns about rogue smart contracts that could be weaponized for criminal purposes and discusses their convoluted relationship with large language models. Juels also tackles the evolving landscape of decentralized organizations, ethical considerations in governance, and the importance of transparency to prevent malicious activities. Plus, he elaborates on innovative metrics like 'voting block entropy' that could reshape DAO performance assessments.
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Podcast summary created with Snipd AI

Quick takeaways

  • The intersection of AI and blockchain raises concerns about rogue smart contracts being weaponized for criminal activities, necessitating caution and regulation.
  • Oracle systems are crucial for integrating AI capabilities into smart contracts, allowing them to access off-chain data and enhance their functionality.

Deep dives

Understanding Rogue Smart Contracts

Rogue smart contracts are defined as contracts created to advertise or solicit criminal services. These contracts can manifest in various forms, such as pyramid schemes or more dangerous real-world crimes. An example provided is the hypothetical creation of a contract aimed at stealing the Koh-i diamond, which requires the criminal to submit a unique calling card description known only to them. The contract then verifies the completion of the crime by correlating news reports with the description, showcasing the intersection of AI and blockchain technology.

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