Businesses have been looking to put these principles to use in other applications for blockchain, which is sometimes referred to as distributed ledger technology. That means the answers an AI system may give would contain those biases and false information. In the case of AI, training data can be put on the blockchain. Hallucinations broadly refer to when an AI system gives out false information. Sheila Warren, the CEO of the Crypto Council for Innovation, said, however, that a blockchain-based AI training data ledger could be the "killer use case" for the technology.

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Persons: Blockchain, Parlika, Sheila Warren, Warren Organizations: CNBC, Casper Labs, IBM, Economic, Crypto, Innovation Locations: DAVOS, Switzerland, Davos