Generative AI will disrupt blockchain too: Here’s how

cointelegraph.com:

Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more. 

The excitement around AI can be compared to the level of hype that emerged around blockchain when decentralized ledger technology first emerged in the previous decade. People’s imaginations are running wild, creating highly disruptive applications for generative AI that threaten to disrupt some of the biggest players in tech, such as Google and its complete and utter domination of search. 

Much less discussed are the implications of generative AI for blockchain itself, but there are a number of areas where it could potentially lend itself. 

Smart contracts are one of the most transformative innovations to arise from the blockchain industry. They’re used to help automate transactions without the need for an intermediary. They’re one of the key enablers of blockchain’s highly touted decentralization, yet there’s still lots of room for improvement and this is where ChatGPT could potentially help. 

For instance, ChatGPT could help to streamline smart contract creation for developers by helping with the development and testing of the underlying code. Developers are already familiar with the concept of using “copilots” such as in GitHub, but generative AI can vastly improve these tools. Smart contracts are written in programming languages like Solidity, but the process is complicated and extremely error-prone. The problem is that developers often have to write hundreds of lines of code manually,