Is AI the true essence of Web 3.0?

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Catalina

Catalina

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Cryptocurrency initially claimed the title, but AI's global growth is making waves. When do we define Web 3.0? Is it AI taking over or a mix with crypto? Share your thoughts on this evolving web era.
 
Cryptocurrency is not web3, it is a digital asset based on blockchain. Web 3 is actually a blockchain-based platform. While AI can power these blockchain based platforms, AI itself is not a web3 tool. I believe AI will certainly help web3 grow bigger
 
There's no direct relationship between AI and Web 3.0. AI is computer programming machine that does what it have been programmed to do. Cryptocurrency on the other hand is a digital currency based on the blockchain technology.
 
Catalina said:
Cryptocurrency initially claimed the title, but AI's global growth is making waves. When do we define Web 3.0? Is it AI taking over or a mix with crypto? Share your thoughts on this evolving web era.
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There is a misconception here. Web 3.0 is a blockchain oriented platform or space where both cryptocurrency and AI can operate in. It will be wrong to define web 3.0 with cryptocurrency or AI . Web 3.0 is more complex and diverse than both cryptocurrency and AI.
 
Web 3.0 is a advanced level of platform which is deployed for maintaining the documentation of crypto currencies transaction. Moreover, it is a decentralised system so it does not require the permission for transactions and also take care of the public's personel info.
 
Web 3.0 isn't just about AI, it's a lot more than that. It's a set of values, program and applications which designed to define a new era of the World Wide Web.

It incorporates ubiquity, decentralization, artificial intelligence, blockchain, and connectivity in the world wide web.
 
Web 3.0 is a an advancement in IT that can't be defined with only one innovation. I would say that Blockchain technology, Crypto and Artificial Intelligence/ Machine Learning are the vital cogs of the Web 3 revolution. These 3 innovations would work together in real life applications in a matter of years to bring the real experience of Web 3 to users.
 
Kali said:
Cryptocurrency is not web3, it is a digital asset based on blockchain. Web 3 is a blockchain-based platform. While AI can power these blockchain-based platforms, AI itself is not a web3 tool. I believe AI will certainly help web3 grow bigger
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This is for a simple reason first of all cryptocurrency came then recently NFT and Web3 came, and then after that came cryptocurrency trading bot NFT trading bot, and web3 trading bot so each one of these concepts is different because all of them are based on AI but each one his specificity.
 
saoussen5765 said:
This is for a simple reason first of all cryptocurrency came then recently NFT and Web3 came, and then after that came cryptocurrency trading bot NFT trading bot, and web3 trading bot so each one of these concepts is different because all of them are based on AI but each one his specificity.
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The technology AI are built for different purposes but when you look at them, it appears that there's some sort of similarities which links them up. They are all targeted at helping to make things we do to be more efficient. I know when cryptocurrency AI trading bots came out, it was like a Godsent to cryptocurrency spot traders.
 
Heatman said:
The technology AI is built for different purposes but when you look at them, it appears that there are some sort of similarities that link them up. They are all targeted at helping to make things we do to be more efficient. I know when cryptocurrency AI trading bots came out, it was like a Godsent to cryptocurrency spot traders.
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This is because money spent to learn to trade is a fortune. While money spent to buy a trading bot is lower than this money. A forex trading course could cost someone two thousand dollars in a formation center. AI bot could cost only 150 $ or 250 $ which means 10 % of the price.
 
Magnus2022 said:
There is a misconception here. Web 3.0 is a blockchain oriented platform or space where both cryptocurrency and AI can operate in. It will be wrong to define web 3.0 with cryptocurrency or AI . Web 3.0 is more complex and diverse than both cryptocurrency and AI.
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True this. Web 3 is a chain of complex applications that incorporate vast levels of internet usage at a higher level. Blockchain is not Web 3. It is part of the components of Web 3. And Blockchain is not just about crypto alone but for all other applications of immutable recording of data.
 
saoussen5765 said:
This is because money spent to learn to trade is a fortune. While money spent to buy a trading bot is lower than this money. A forex trading course could cost someone two thousand dollars in a formation center. AI bot could cost only 150 $ or 250 $ which means 10 % of the price.
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Yes of course. There's no way you can compare the cost of both of them. When you have acquired the trading knowledge on either cryptocurrency or forex trading, it's far more better than paying for a bot to do for you. A trading bot can only trade based on the coding it have received.
 
I think we will fully enter Web 3.0 once we have freely moving, AI-driven agents on the web, because they will fundamentally reshape it.
 
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