Use of blockchain technology could increase human trust in AI – VentureBeat

VentureBeat Homepage


Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more

This article was contributed by Deepak Gupta, cofounder of LoginRadius, tech strategist, cybersecurity innovator, and author.
While Artificial Intelligence (AI) contributes enormously to making human life better, it also raises questions of trustworthiness and reliability. However, blockchain technology can go a long way in increasing human trust in AI-based systems.
AI is a new generation technology where machines and information systems demonstrate a form of intelligence that simulates the natural intelligence of human beings in interacting with the environment. However, the success of any AI-based system also depends on the trust displayed by the beneficiaries on AI technology, besides other factors. Data, models, and analytics are the three key components of AI technology. One can decentralize these three key components using blockchain technology, and it will undoubtedly enhance the end users’ trust and confidence levels in AI-based systems.
Seemingly, blockchain technology promises to solve many problems. However, a lot has yet to be explored as the global blockchain adoption will increase significantly in time to come. As per a Statista forecast, the global blockchain technology revenues are expected to soar to more than $39 billion by 2025.
The key characteristics of blockchain technology that make it so popular and appealing are:
Let’s talk about the key characteristics of AI that make it unique and, if combined with increasing blockchain adoption, can change the world to become a better place to live. The critical characteristics of Artificial Intelligence (AI) are:
One of the greatest physicists of the century, Stephen Hawking, said that “The development of full artificial intelligence could spell the end of the human race.”
With advancements in technology, trust has become a vital factor in human-technology interactions. In the past, people trusted technology mainly because it worked as expected. However, the emergence of Artificial Intelligence solutions does not remain the same due to the following challenges:
Blockchain technology can play a vital role in increasing human trust in AI-based applications by increasing transparency and trust in the following ways.
One of the most significant challenges AI developers face is that people always doubt how and when AI-based applications will use their data. On the other hand, no one can access data without the user’s permission in blockchain-enabled AI applications. Users can license their data to the AI application or the provider using a blockchain ledger based on their terms and conditions.
The distributed form of data sharing can play a huge role in reducing the trust deficit in AI applications. Data is highly secure as there is no central point malicious actors can attack. Moreover, distributed ledger offers more transparency and accountability of real-time data as it is available to all participants concerned.
One of the critical characteristics of Blockchain technology is consensus-based transactions. Every decision made needs to be agreed upon by all parties involved, and it becomes highly impossible for unauthorized access or tampering of data without the users’ consensus.
There is a colossal mistrust amongst people regarding data governance, including data collection, storage, and usage with AI. With blockchain technology, AI applications can store their data in a distributed and decentralized environment. One can effectively use Distributed Autonomous Organizations (DAOs) and Smart Contracts for data governance and distribution.
One of the biggest challenges in AI-based applications is how data integrity is maintained over time. In traditional applications with a client-server architecture, data is collected from clients and stored in a centralized server. With Blockchain technology embedded into AI applications, duplication of information is avoided to a significant extent. Complete transparency, traceability, and accountability make data more actionable.
While AI can provide real-time analysis of enormous amounts of data, an AI system coupled with blockchain technology can provide a transparent data governance model for quicker validation amongst various stakeholders through smart contracts and DAOs.
Applying the benefits of blockchain technology can help address various shortcomings of AI and help in increasing people’s trust in AI-based applications. With Blockchain, AI applications acquire the qualities of decentralization, distributed data governance, data immutability, transparency, security, and real-time accountability. Many AI-enabled intelligent systems are criticized for their lack of security and trust levels. Blockchain technology can essentially help in addressing the security and trust deficit issues to a significant extent. Enormous challenges remain for both blockchain technology and Artificial Intelligence. Still, when combined, they display tremendous potential and will complement each other to restore the trust factor and improve efficiency at large.
Deepak Gupta is cofounder of LoginRadius, tech strategist, cybersecurity innovator, and author.
Welcome to the VentureBeat community!
DataDecisionMakers is where experts, including the technical people doing data work, can share data-related insights and innovation.
If you want to read about cutting-edge ideas and up-to-date information, best practices, and the future of data and data tech, join us at DataDecisionMakers.
You might even consider contributing an article of your own!
Read More From DataDecisionMakers
AWS Activate offers free tools, training, and more for startups to help you quickly build and scale quickly – plus, you can receive up to $100,000 Activate credits.
Hear from CIOs, CTOs, and other C-level execs on data and AI strategies.
© 2021 VentureBeat. All rights reserved.
We may collect cookies and other personal information from your interaction with our website. For more information on the categories of personal information we collect and the purposes we use them for, please view our Notice at Collection.

source
Connect with Chris Hood, a digital strategist that can help you with AI.

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2022 AI Caosuo - Proudly powered by theme Octo