Artificial intelligence and its amalgamation with blockchain technology emerged as prominent subjects at the recent VanEck Blockchain Conference held in Los Angeles. During the event, Tom Bilyeu, the mastermind behind the Project Kyzen 3D image and sports platform, emphasized the significance of proof of integrity, particularly in light of the proliferation of AI-generated deepfakes.
Predicting a substantial escalation in AI deepfake incidents leading up to the 2024 election, Bilyeu expressed grave concerns, highlighting a recent case involving an AI-generated deepfake impersonating MicroStrategy’s Michael Saylor. He underscored the urgent need for implementing AI-based hashing or leveraging blockchain technology to establish and preserve the integrity of digital content.
The growing threat posed by AI-generated deepfakes prompted the Biden Administration to announce plans in February to utilize modern watermarks and cryptography to distinguish authentic content and combat misinformation effectively.
Bilyeu, a web3 activity designer, healthcare investor, and co-founder of Impact Theory alongside his wife Lisa in 2016, ventured into selling “Members Keys” NFTs in December 2021 as a means of fundraising. Despite facing legal action from the Securities and Exchange Commission (SEC) last August, which resulted in a $6 million fine and the burning of keys, Impact Theory continues to innovate.
Project Kyzen, Bilyeu’s latest venture, is an online platform featuring an array of sports functionalities and immersive 3D imagery. The project team comprises former executives from renowned companies such as Riot Games, Disney, and Bank of America.
The unveiling of OpenAI’s GPT-4 in the upcoming year has stirred controversy within the conceptual AI developer community, with accusations of plagiarism and copyright violations surfacing.
In a notable legal clash, The New York Times filed a lawsuit against OpenAI in December, alleging copyright infringement stemming from the unauthorized use of millions of articles to train AI models. OpenAI refuted the claims in January, asserting that the Times deliberately crafted AI prompts to yield incriminating outcomes.
In the midst of such disputes, Bilyeu advocated for leveraging blockchain technology to ascertain the origin of information and track its trajectory, offering a valuable tool in resolving copyright conflicts.
Envisioning blockchain as a pivotal tool for establishing ownership and authenticity, Bilyeu emphasized its potential in creating scarcity to uphold the value of digital assets and bridging the realms of physical and virtual domains effectively.
