Vitálik Buterin, co-founder and inventor of Ethereumparticipated online in the South Summit 2023 held in Madrid last week and declared that cryptocurrencies go through a “complicated transition” currently due to the random ups and downs of the market.
However, despite his statements, as reviewed by El Periodico de España, Vitalik stated that he was optimistic regarding the future of cryptocurrencies. On the other hand, in the middle of his presentation in which he was talking to Diego del Alcázar Benjumea, CEO of IE University, Vitalik opined on the capabilities and limitations of blockchain technology, stating that it could solve some problems, but the moment that problem had a social layer, that’s when human intervention was needed.
That said, another of the topics that was addressed at the South Summit – an event co-organized by IE University and with the institutional support of Spain Up Nation, the Community of Madrid and the Madrid City Council – was artificial intelligence (AI), and in this sense, the head of Telefónica’s Strategy for Artificial Intelligence and Data, Richard Benjaminsdefended that “the responsible use of technology in general and artificial intelligence in particular” is something that companies should pursue, since in their opinion, the AI as such is neither good nor bad, since it has no intention, and its actions “they depend on the people behind it”Benjamins said.
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