Artificial Intelligence Machines Will Dominate Blockchain Activity, Says Veteran Crypto Venture Capitalist

Artificial intelligence (AI) will soon work its way into the crypto ecosystem and become a huge chunk of blockchain activity, according to a veteran crypto investor.

Venture capitalist Chris Burniske, a partner at Placeholder Capital and former ARK Invest analyst, says that “AI agents” will eventually dominate crypto networks, forcing us to start to figure out ways to differentiate between human users and AI entities on each chain.

He says he’s anticipating “stunning” growth in crypto fueled by AI.

“In a few years, crypto network stats may have to segment between MAUs (monthly active users) and MAMs (monthly active machines) – people still don’t fully grasp what a perfect fit blockchains are for the financial needs of AI agents, but when it does click, the growth will stun us all.”

Burniske also says that the already existing bots that are currently active on some chains are akin to the “Neolithic age for humans, experimenting with early and basic tools.”

While AI-linked crypto projects have witnessed healthy growth in 2023, crypto intelligence firm Kaiko reported last week that the subsector was seeing a downtick in trading volume relative to other digital asset classes.

“AI-related tokens have been losing momentum, hitting lowest weekly trade volume since January.”

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