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AI Has Been a ‘Net Negative’ for Crypto: Phemex CEO
Summary by Cointelegraph
5 Articles
5 Articles
Illustrative image Photo: PexelsCEO of Phenex states that AI diverted capital from cryptocurrencies and strengthened invaders
Phemex CEO Warns AI Adoption Has Been “Net Negative” for Crypto
Phemex CEO Federico Variola is pushing back on the idea that AI will automatically be beneficial for crypto, arguing that the technology has so far acted as a “net negative” by pulling liquidity away from the sector and increasing the scale and sophistication of cyberattacks. Speaking on Cointelegraph’s Chain Reaction, Variola warned that faster exploitation [...]
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
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