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MainNewsVitalik Bute...

Vitalik Buterin: Crypto Must Adapt or Risk AI Dominance


Nov, 25, 2024
< 1 min read
by Nynu V Jamal
for CoinEdition
Ethereum Founder Criticizes OpenAI's Pursuit of Profit Over Safety and Openness
  • Vitalik Buterin raises concerns about OpenAI’s transition from an open-source model to a closed one.
  • Calling OpenAI a CloseAI, he states the platform has sacrificed openness for safety and later safety for profit.
  • Buterin says current AI hype may hinder crypto’s growth with fewer innovative minds remaining.

Ethereum founder Vitalik Buterin expressed concerns about OpenAI’s evolution during an interview with Tencent News’ “Qianwang.” He criticized the platform for abandoning its open-source roots, mockingly referring to it as “CloseAI.” Buterin highlighted two significant problems: OpenAI’s trade-off of openness for safety and its later prioritization of profits over safety.

Reflecting on OpenAI’s trajectory, Buterin noted how CEO Sam Altman gained control following a power struggle with the company’s board. OpenAI’s transition from a non-profit to a for-profit organization also led to the board being reduced to an advisory role. This concerning change brought to mind the poignant words of US founding father Benjamin Franklin:

“You cannot sacrifice freedom for security. If you do so, you will find that you will lose both security and free…

The post Vitalik Buterin: Crypto Must Adapt or Risk AI Dominance appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CoinGecko Report Breakdown: Solana’s Rise, Ethereum’s Dip in Q1 DEX Race

CoinGecko Report Breakdown: Solana’s Rise, Ethereum’s Dip in Q1 DEX Race

Solana captured the top spot for decentralized exchange (DEX) trading volume for Q1 2...
Apr, 17, 2025
< 1 min read
by CoinEdition
Ethereum Now Challenges $1,600 Resistance as Pectra, Fusaka Upgrade Momentum Builds

Ethereum Now Challenges $1,600 Resistance as Pectra, Fusaka Upgrade Momentum Builds

Ethereum (ETH) sits at a key point right now wherein investors are weighing the heavy...
Apr, 17, 2025
< 1 min read
by CoinEdition
MainNewsVitalik Bute...

Vitalik Buterin: Crypto Must Adapt or Risk AI Dominance


Nov, 25, 2024
< 1 min read
by Nynu V Jamal
for CoinEdition
Ethereum Founder Criticizes OpenAI's Pursuit of Profit Over Safety and Openness
  • Vitalik Buterin raises concerns about OpenAI’s transition from an open-source model to a closed one.
  • Calling OpenAI a CloseAI, he states the platform has sacrificed openness for safety and later safety for profit.
  • Buterin says current AI hype may hinder crypto’s growth with fewer innovative minds remaining.

Ethereum founder Vitalik Buterin expressed concerns about OpenAI’s evolution during an interview with Tencent News’ “Qianwang.” He criticized the platform for abandoning its open-source roots, mockingly referring to it as “CloseAI.” Buterin highlighted two significant problems: OpenAI’s trade-off of openness for safety and its later prioritization of profits over safety.

Reflecting on OpenAI’s trajectory, Buterin noted how CEO Sam Altman gained control following a power struggle with the company’s board. OpenAI’s transition from a non-profit to a for-profit organization also led to the board being reduced to an advisory role. This concerning change brought to mind the poignant words of US founding father Benjamin Franklin:

“You cannot sacrifice freedom for security. If you do so, you will find that you will lose both security and free…

The post Vitalik Buterin: Crypto Must Adapt or Risk AI Dominance appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CoinGecko Report Breakdown: Solana’s Rise, Ethereum’s Dip in Q1 DEX Race

CoinGecko Report Breakdown: Solana’s Rise, Ethereum’s Dip in Q1 DEX Race

Solana captured the top spot for decentralized exchange (DEX) trading volume for Q1 2...
Apr, 17, 2025
< 1 min read
by CoinEdition
Ethereum Now Challenges $1,600 Resistance as Pectra, Fusaka Upgrade Momentum Builds

Ethereum Now Challenges $1,600 Resistance as Pectra, Fusaka Upgrade Momentum Builds

Ethereum (ETH) sits at a key point right now wherein investors are weighing the heavy...
Apr, 17, 2025
< 1 min read
by CoinEdition