NEAR Protocol co-founder Illia Polosukhin believes that the future of decentralized autonomous organizations (DAOs) lies in integrating artificial intelligence (AI) into governance processes. Speaking at an AI-themed panel during Dubai’s Token2049, Polosukhin shared his vision for AI-driven decision-making within DAOs.

According to Polosukhin, AI will play a crucial role in both on-chain and off-chain decision-making within DAOs, potentially revolutionizing governance processes. He envisions AI models gathering information and making decisions based on various criteria, with human members acting as checks and balances.

The integration of AI into DAO governance is gaining traction in the crypto community, highlighting its potential to transform decision-making processes in the industry. Recent data from Crunchbase shows a significant increase in venture capital funding for AI companies, indicating growing investor interest in this area.

Polosukhin emphasized that AI-powered governance could help DAOs maximize token value, a challenging task for human participants given the complexity of coordinating multiple stakeholders. By leveraging AI technology, DAOs can streamline decision-making processes and enhance overall governance efficiency.

As the crypto industry continues to evolve, the integration of AI into DAO governance represents a significant development that could reshape the way decentralized organizations operate. Stay tuned for more updates on AI and blockchain technology on Global Crypto News.

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