Altcoin News by Thebittimes.Com

The Artificial Super intelligence Alliance price dropped 5% in the last 24 hours to trade at $1.299 as of 01:49 a.m. EST on trading volume that slid 32% to $103 million, according to Coingecko .  This comes as the first phase of the Artificial Super intelligence Alliance (ASI) token merger began on July 1, with the merger of two artificial intelligence (AI) tokens: SingularityNet’s AGIX and Ocean Protocol’s OCEAN. https://t.co/hJFsqsChEr — Artificial Superintelligence Alliance (@ASI_Alliance) July 2, 2024 In the first phase, Fetch.ai merged the AI tokens into the FET token, and crypto exchanges subsequently delisted the original tokens. However, some crypto exchanges did not support the merger. For instance, Coinbase noted that it did not support the ASI merger and opted not to introduce a mechanism that would automatically convert users’ token holdings. Ocean (OCEAN) and https://t.co/pOEE8X2oY0 (FET) have announced a merger to form the Artificia...

Janet Adams, the COO of SingularityNET, said that AGIs falling into the hands of military could pose existential threats to humanity. While the development of artificial general intelligence (AGI) comes with a truckload of benefits, it also comes with massive risks if the technology falls into the wrong hands. However, de centralization using blockchain technology might help prevent a catastrophe, according to Janet Adams, the chief operating officer of the artificial intelligence and Web3-focused project SingularityNET. At the Future Blockchain Summit event in Dubai, Cointelegraph sat down with Adams to learn about the risks of centralization when it comes to AGI and how decentralization holds the key to mitigating these risks. Cointelegraph's Ezra Reguerra with SingularityNET's Janet Adams at the Future Blockchain Summit in Dubai. Source: Ana Solana While AGI is still a conceptual version of AI that allows a machine to learn and think like a human being, its developme...