AIs can run DAOs – Cointelegraph Magazine

For every blockchain project that truly leverages artificial intelligence, there are 100 tokens weighing in on the hype.

The magazine interviewed Near founder Illia Polosukhin, Framework Ventures founder Vance Spencer, MakerDAO founder Rune Christensen, Quantstamp’s Richard Ma, Casper’s Ralf Kubli and others to discuss some of the keys to artificial intelligence in the cryptocurrency and blockchain fields. real, non-hype use cases.

Each day this week, we’re rolling out a real use case for artificial intelligence in crypto—including why you don’t necessarily believe the hype.

AI can help run DAOs

atlas — *MakerDAO is creating an Atlas for the entire project to assist with AI governance (Maker)*

Decentralized Autonomous Organizations as they exist today are a scam. As Framework Ventures founder Vance Spencer points out, they “are not actually autonomous. There is a group of people in the middle.“

“It does seem like artificial intelligence is the only way we can really make the DAO concept work,” he said.

Maker founder Rune Christensen said that given that the LL.M. illusion currently accounts for 3% to 27% of its output, the technology is too immature to run a DAO or enforce governance rules on its own. Nonetheless, his Endgame manifesto laid out an ambitious plan for AI to help run MakerDAO and its upcoming subDAO.

“People misunderstand what AI governance means, right? We’re not talking about AI running a DAO,” he said.

“What artificial intelligence does best is replace the most mind-numbing, stupidest parts of a job.”

One of the difficulties with DAOs is that it is difficult for members scattered around the world to understand what others are doing, and it is also difficult for token holders to fully understand the issues in the DAO to make informed votes.

Ilya — *Near founder Illia Polushkin is an expert in the fields of artificial intelligence and blockchain.*

Near founder Illia Polushkin, an expert in artificial intelligence and blockchain, explained that artificial intelligence is really good at monitoring what is happening and then summarizing and conveying the message effectively.

“In a way, that’s the manager’s job,” he said. “They know exactly what’s going on, and they communicate to everyone exactly what you need to know, as well as the broader context of what’s going on.”

Pictures like this one showing LL.M.s replacing humans in corporate organizational charts are where the fear of artificial intelligence comes from.

It might be a joke, but many people believe that artificial intelligence is very close to completely replacing them and their management!

This is actually incorrect.

almost zero… pic.twitter.com/YnowscSGGl

— Bindureddy (@bindureddy) November 14, 2023

He said that artificial intelligence can be scaled to work with thousands of people, recruit new DAO members, manage logistics and coordinate everyone’s tasks.

The broader direction of the DAO can still be determined by the community, possibly through an elected board of directors.

“It can still be overseen by the community, who can provide feedback and decide what the goals of the DAO are.”

Near future…AI-assisted DAO

Polushkin said the Near Foundation plans to experiment with using artificial intelligence to coordinate smaller tasks before moving on to more complex and important work. Hopefully, artificial intelligence will eventually be able to handle day-to-day management.

“I think my role and the role of others in the system should be replaced in a lot of ways, right?” Polushkin said.

“You know, we can still come up with ideas, but I think the coordination of all functions (can be handled by artificial intelligence).”

Members of the Near community have conducted experiments Build an artificial intelligence that autonomously decides which projects to fund based on whether proposals meet grant program criteria, and then automatically funds them from the Treasury.