At the Korea Blockchain Week 2024, Ethereum co-founder Vitalik Buterin addressed a significant challenge with Community Notes on social media platform X, which is the delay in their appearance that could allow misinformation to spread. He proposed a novel solution using artificial intelligence (AI) and prediction markets to enhance speed and efficiency.
AI and Prediction Markets for Speed
Buterin noted the main issue with Community Notes—their slow appearance rate, which might lead to users being misled before the notes become visible. His solution involves leveraging AI together with prediction markets to predict whether new posts might require a community note. This method could drastically reduce the time it takes for notes to appear after a post is made.
How It Would Work?
The idea is to use decentralized prediction platforms like Polymarket, where users can bet on outcomes of various events. In this case, people could use AI tools and bots to place bets on whether a post will need a Community Note. This proactive approach would allow for real-time responses and quicker moderation.
Implementation and Benefits
Buterin explained that integrating such technologies could provide a dynamic, low-cost, and fast-response mechanism to add necessary context to posts, incentivizing participants through potential rewards for correct predictions. This would not only speed up the process but also enhance user engagement and the accuracy of the information being moderated.
Vitalik’s Proposal for Future
Buterin’s innovative proposal suggests a shift towards more technologically advanced moderation tools in social media. By integrating AI and prediction market technology, platforms like X could potentially overcome the existing limitations of manual community monitoring, ensuring quicker and more effective responses to misleading information.
How Will the $7.5 Billion ASI Merger Impact the Landscape of Decentralized AI?Use of Decentralized AI has been quite the trend in 2024. For example, Polymarket, a decentralized prediction market, has recently seen a significant change in betting odds for the 2024 U.S. presidential election. As of August 21, betting trends have shifted, showing former President Donald Trump overtaking Vice President Kamala Harris in the odds.
