There's an automation revolution taking place and blockchain technology could play a pivotal role in it, according to Scott Helfstein.
"As we think about … this broader transition towards automation and digitalization, blockchain can really play an important role in securing information and facilitating data management," he said.
Helfstein broke AI into various levels, from infrastructure providers like semiconductor companies and graphic chip makers to algorithm providers like OpenAI and its ChatGPT.
Across all of it though is blockchain technology and a way to secure information fed into AI algorithms.
Crypto is "interesting," he said, but corporate investment is pouring into automation and blockchain will play a "critical" role in its development.
Persons:
Scott Helfstein, blockchain, Ethereum
Organizations:
CNBC Pro, Digital Assets, Financial Professionals
Locations:
Austin , Texas, U.S