You're in the Crosshairs of Two Rival Plots for Global, AI-Based Financial Control

The Daniela Cambone Show

With the development of tools like ChatGPT quickly growing popular, many people are bullish around artificial intelligence ("AI") right now. That's why Tesla CEO Elon Musk launched AI company xAI last month in an effort to take advantage of this fast-moving trend. Today, Daniela chatted with Ran Neuner, co-founder and CEO of blockchain investment fund and advisory service Onchain Capital. Ran contends that Musk's recent launch of xAI serves as a ploy to rival OpenAI CEO Sam Altman in order to increase his foothold in the global economy. He says, "These are big people with big egos... We're seeing two influential billionaires use their own separate platforms to create a global financial institution that is going to capture a large share of global financial transactions."

Ran also believes that AI technology will completely reshape verification methods for various industries due to digital identities becoming more prevalent. "We're moving into a new era in the world. In this new era, we're going to have a big need to prove we're human... I suspect that fingerprints may not be able to prove you're human,” he explains. He concludes by expressing optimism about the long-term impact of AI as we continue to discover new ways to use this fast-moving technology to our advantage. "We shouldn't resist going into the world of AI because I think that it's an amazing technology which will only help us, but like any revolution it's going to make us feel uncomfortable,” he tells Daniela.

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