Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.
Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”
NFTs aren’t the solution to this, public read access to the database is.
A blockchain is a form of database that would be really good for this because of how it maintains all database transactions while being human readable easily. Most databases aren’t human readable and you need to design an interface for it. How NFTs are stored in blockchains is a good example of a very specific purpose that would make this better. Vehicle databases also don’t have a clear connection to previous owners and that data needs to be retrieved manually while a blockchain keeps every modification easily visible.
Obviously don’t use a blockchain used for speculative investment like Etherium but the government can just host their own without any stupid finance shit on it, just a database for vehicles.
Yes very human readable. All the “benefits” blockchain are in a properly managed database, but the database takes about the power of 3 or 4 lightbulbs to manage, the Blockchain takes as much power as Ireland.
Have you seen like an MSSQL database? That is a lot more readable and easier to display on a frontend. Also like every blockchain have an existing open source frontend you can redesign the look a bit and just use.
A blockchain to manage a database for vehicles takes as much resources as a classic database. What causes the huge and ridiculous power drain is mining, which is not something you would be doing for a database to store vehicles.