Speaking with builders in the crypto space, we can see that the combination of AI and blockchain technology has two sides: on the one hand, it could make blockchain much more efficient and scalable through AI; on the other, it could make market consolidation, high computing demands, and the need for cost-effective solutions more difficult. Important insights include using blockchain to improve AI's security and honesty while warning against overhyped apps that don't add value.
There may be a drive to specialize and niche down as a network, but there will be destruction in the absence of differentiation." Edwards also draws a parallel to the early days of ride-sharing services like Uber and Lyft, when they had to deal with a "cold start" problem, which is when a startup tries to grow in a market with few participants.