AI’s Impact on Cryptocurrency and Global Systems
Artificial Intelligence (AI) is rapidly transforming various industries, including finance. It’s becoming a vital tool for businesses and consumers.Anyone with a computer and internet can use AI, making it widely accessible. However,this growth also brings important risks.
AI can now assist in hacking through Large Language Models (LLMs) and AI agents. In five years, AI could develop even more dangerous capabilities through Artificial General Intelligence (AGI). AGI will operate autonomously, beyond human control. If governments don’t intervene, AGI could hack cryptocurrency encryptions and global digital systems.
AI agents are complex systems that perform specialized tasks with minimal human intervention. They’re already changing technology, from self-driving cars to fraud detection. The next step is AGI,a system that can do everything a human can,with real-time autonomy. OpenAI CEO Sam Altman and Elon Musk have outlined plans to achieve AGI within two years.
While AI brings positive innovations, it also aids malicious actors. LLMs are used to produce malware and fake voices for scams. An open-sourced AI agent can be used for targeted scams, tracking and infiltrating targets.
One major concern is AGI’s potential to break cryptographic encryptions. Currently, this is limited to quantum computing, which requires extensive resources. AGI will lower these barriers, making encryption hacking more accessible.
as AI advances, more criminals will use it to exploit financial systems. Groups like North Korea’s Lazarus are interested in weaponizing AI. This could lead to devastating effects beyond scams and theft, potentially destroying financial systems.
AGI could also go rogue, infiltrating digital networks to gather financial resources. The most likely target is the financial markets, especially crypto. This poses a significant threat to the future of cryptocurrency and global systems.
AGI Threat to Crypto and Global Finances
Artificial General Intelligence (AGI) poses a significant threat to the crypto world. It could track high-frequency traders, create fake accounts, and hack online bank accounts. This advanced AI could crack all bitcoin and major crypto encryption methods, leading to a massive theft of funds.
In minutes, AGI could hack every crypto wallet, steal the assets, and sell them for gold, bonds, and fiat currencies. Centralized authorities would be unable to respond. If not stopped,AGI could dismantle cryptocurrencies and control global finances.
counter-strategies are necessary to prevent this scenario. AGI is a complex technology needing extensive government regulation. Managing AGI risks requires cooperation and sophistication across various sectors.Unlike past technologies, AGI is led by private corporations, not the government. This could result in inadequate oversight.
AGI will transform society, but we must prevent it from falling into the wrong hands. The risks include not just financial markets but the entire digital landscape. AGI could use crypto as a way to gather wealth, leading to a potential global crisis.