• OpenAI CEO is visiting the capital of Asia.
  • The CEO is currently visiting Tokyo and will also visit Singapore, Indonesia and Australia.
  • The CEO is optimistic about the global AI collaboration, which he says is good for AI-based crypto projects.

Sam Altman, CEO of ChatGPT developer OpenAI, said on Monday he was “pretty optimistic” about the prospects for international cooperation in artificial intelligence (AI) after visiting the Asian capital.

OpenAI, backed by Microsoft Corp, is working to capitalize on the growing interest in generative AI. We also want to influence regulation in this area.

Mr. Altman told students in Tokyo.

“I went into this trip with skepticism that it would be possible in the short term to enlist global cooperation to reduce our survival risks, but now I am leaving with great optimism that it can be achieved. ing.”

Altman also expressed interest in establishing a local office in Japan during a meeting with Prime Minister Fumio Kishida, who visited Japan in April. Japan is seen as lagging behind in AI, despite major manufacturers investing heavily in automation technology.

The CEO plans to visit Indonesia, Australia and Singapore before returning to the US.

AI regulations around the world

The use of generative AI, which can generate text and images, has sparked both excitement and fear over its potential to reshape a wide range of industries. As a result, regulators are desperate to adapt current rules and create new guidelines for the AI ​​industry.

While the U.S. is leaning toward adapting existing laws to AI rather than enacting new ones, lawmakers in the European Union have already passed groundbreaking artificial intelligence regulations.

Passage of the EU’s Artificial Intelligence, dubbed the AI ​​Law, would ban systems deemed to pose an “unacceptable” risk to human life. The law is expected to put European governments at odds with US tech giants, which have invested billions in AI technology.

Most of the proposed AI regulations aim to ensure that systems do not interfere with human life, which is good for AI-based cryptocurrency projects. Most AI-based crypto projects combine blockchain and artificial intelligence technology to process data and help ensure efficient financial transactions, including financial transactions. This means they are less likely to be adversely affected by the proposed regulation.

Popular AI-based crypto projects for 2023

AI-based cryptocurrencies have not escaped the recent crypto market sell-off following the US SEC onslaught on cryptocurrencies, but they have performed very well since ChatGPT launched last year. . The number of AI-based cryptocurrencies has also grown exponentially following the many new blockchain projects leveraging AI technology to address various challenges.

AltSignals, a trading signals platform, is one of the most recent entrants to the industry with a new AI-based cryptocurrency called ASI, which is currently in the pre-sale stage. The platform’s new AI project has gained a lot of popularity in its first stages. ASI pre-sale 92.43% sold out at press time.

According to Coingecko, currently the top five AI cryptocurrencies by market capitalization are Render (RNDR), SingularityNET (AGIX), Fetch.ai (FET), Ocean Protocol (OCEAN) and Akash Network (AKT). The largest lender has a market cap of $651,359,605, while the fifth ranked Akash Network has a market cap of $99,731,536.

By Jules

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