Cardano
founder
Charles
Hoskinson
has
raised
the
alarm
over
the
implications
of
artificial
intelligence
(AI)
censorship,
coinciding
with

crypto
exchange

Robinhood’s
recent
acquisition
of
AI-powered
investment
advice
platform
Pluto. 

According

to
Bloomberg,
the
move
aims
to
bring
tailored
investment
strategies
and
analytics
to
Robinhood’s
retail
brokerage
users.
Still,
Hoskinson’s
concerns
shed
light
on
the
potential
risks
of
centralized
control
over
AI
algorithms.

Robinhood’s
AI-Driven
Acquisition 

Robinhood’s
acquisition
of
Pluto
Capital,
founded
by
Jacob
Sansbury,
marks
a
strategic
step
towards
bolstering
the
platform’s
capabilities. 

Pluto
is
renowned
for
its

AI-driven

personalized
investment
advice
and
real-time
analytics,
offering
services
traditionally
accessible
only
to
wealthier
investors. 

Mayank
Agarwal,
Robinhood’s
Vice
President
of
Engineering,
lauded
Pluto’s
“impressive
platform”
and
expertise
in
artificial
intelligence,
emphasizing
their
shared
mission
to
“democratize
finance.” 

 

Integrating
Pluto’s
AI-powered
tools
is
expected
to
increase
Robinhood’s
efforts
in
serving
its
customer
base,
particularly

retail
traders,
by
providing
updated
market
information
and
personalized
investment
recommendations
based
on
individual
portfolios.

However,
Hoskinson,
in
a
recent

social
media
post,
expressed
his
ongoing
concerns
about
AI
censorship
and
its
far-reaching
consequences. 

Research
Team
Backs
Cardano
Founder’s
Concerns

The
Cardano
founder
highlighted
the
potential
loss
of
utility
over
time
as

artificial
intelligence

models
undergo
“alignment”
training,
whereby
certain
knowledge
is
forbidden
to
future
generations
based
on
the
perspectives
of
a
select
group
of
individuals
who
remain
unaccountable
and
beyond
electoral
reach.
Hoskinson
stated: 

This
means
certain
knowledge
is
forbidden
to
every
kid
growing
up,
and
that’s
decided
by
a
small
group
of
people
you’ve
never
met
and
can’t
vote
out
of
office.

Backing
Hoskinson’s
concerns,
the
research
team
behind
“Cardano
GPT”

affirmed

the
issue,
citing
centralized
control
over
a
model’s
training
data
as
a
significant
factor. 

When
a
small
group
of
people
exclusively
controls
and
restricts
the
training
of
an
AI
model
based
on
their
perspectives,
the
risk
of
biased
or
censored
information
arises,
they
noted. 

The
team
suggests
that
decentralization
of
language
models
(LLMs)
is
a
potential
solution
to
overcome
this
challenge.
However,
the
limited
computing
power
of

decentralized
storage
solutions

currently
hinders
widespread
adoption,
making
mass
usage
of
these
models
less
than
1%.

A
hybrid
model
solution
has
been
proposed
to
address
this
issue,
aiming
to
strike
a
balance
between
centralized
training
data
and
decentralized
LLMs.
This
approach
seeks
to
mitigate
concerns
related
to
censorship
while
enabling
broader
access
to
advanced
language
models.

 

As
the
acquisition
of
Pluto
by
Robinhood
propels
AI-driven
capabilities
within
the
retail
investment
sphere,
the
concerns
raised
by
Cardano’s
Hoskinson
and
the
proposed
hybrid
model
solution
highlight
the
importance
of
transparency
and
democratization
in
developing
and
deploying
AI
technologies.

At
the
time
of
writing,
the
native
token
of
Cardano,
ADA,
was
trading
at
$0.401.
The
token
has
displayed
favorable
price
movements
recently,
showing
a
4%
increase
in
the
past
24
hours
and
a
6%
increase
over
the
past
7
days.

Featured
image
from
DALL-E,
chart
from
TradingView.com

Go to Source
Author: Ronaldo Marquez

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