Updated on December 12, 2024
From AI to Quantum
Trump builds bridges with the AI and crypto industries.
With the appointment of tech investor David Sacks as AI and crypto advisor, Trump takes a significant step toward embracing crypto. Sacks, known for his role at companies like PayPal and his involvement in crypto initiatives, brings valuable expertise to Washington. His appointment underscores Trump’s ambition to make America the global crypto powerhouse.
What makes this move particularly notable is the shift in policy. Where previous administrations kept crypto at arm’s length, Trump is now actively collaborating with industry experts. And that’s essential. AI and crypto are exponential technologies that, with the right expertise and progressive policies, offer enormous potential. This signals that the U.S. is finally ready not only to innovate but to lead in these fast-growing sectors.
AI and crypto: the perfect match according to a16z.
In its report “Big Ideas in Tech for 2025,” venture capital firm a16z illustrates how AI and crypto are driving a new wave of technological innovation. The report predicts that AI will likely need its own crypto wallets in the future to serve us better. Imagine your AI assistant independently booking a vacation for you – all made possible by crypto.
Digital identity is also becoming increasingly important. How do you ensure that, in a digital world, you can distinguish between an AI and a human? Blockchain technology offers solutions through reliable verification methods.
For those invested in crypto, this highlights the technology’s importance as a foundation for the future. AI and crypto don’t just work together; they amplify each other – unlocking a world of new opportunities.
Google’s quantum leap.
Google recently unveiled ‘Willow,’ a quantum computer promising significant advancements in computational power. Given that blockchains rely on cryptography, there were concerns that a quantum computer like Willow could crack blockchain encryption. Fortunately, Willow is still far from being powerful enough – experts estimate this could take decades.
Nonetheless, this is a wake-up call. The blockchain community must continue improving cryptographic techniques to stay ahead of future quantum computers. For now, crypto investors can rest easy, but ongoing innovation is crucial to keeping the technology secure.