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Exercise 5.2: Assessing the Impact and Future of AI-Blockchain Integration

Read Chapter 5 and answer the following questions:

  1. What innovative role do AI algorithms play in the context of blockchain’s smart contracts?

    1. Automating and refining contract execution

    2. Translating contracts into different languages

    3. Generating new cryptocurrencies

    4. Designing contract templates

  2. How does AI contribute to enhanced security in blockchain networks?

    1. By introducing new cryptocurrency protocols

    2. Through real-time monitoring and response to network threats

    3. By manually reviewing each transaction

    4. Increasing the number of blockchain nodes

  3. What is a unique aspect of decentralized AI marketplaces in the blockchain area?

    1. Offering exclusively medical AI tools

    2. Enabling trading of AI algorithms and datasets without central oversight

    3. Providing physical products related to AI

    4. Hosting online AI gaming competitions

  4. What future development is anticipated in AI-blockchain for decentralized autonomous organizations (DAOs) by 2034?

    1. AI taking over all governmental functions

    2. AI streamlining only financial transactions

    3. AI driving the overall management of DAOs

    4. AI focusing solely on entertainment industries

  5. How might personal data wallets transform individual data management shortly?

    1. Making all personal data public

    2. Giving individuals more control over their data through AI and blockchain

    3. Storing physical copies of personal data

    4. Centralizing all personal data in government databases

  6. What is one potential societal impact of the AI-blockchain merging in the next two decades?

    1. Complete replacement of physical currencies

    2. Shift in employment patterns due to new technological demands

    3. Phasing out of all traditional forms of education

    4. Mandatory use of AI for all personal decisions

  7. In 2054–2104, how is the AI-blockchain combination expected to influence space exploration?

    1. By providing entertainment in space colonies

    2. By establishing decentralized networks for interplanetary communications

    3. Focusing solely on moon exploration

    4. Eliminating the need for space travel

  8. What challenge accompanies the growing role of AI in decision-making processes?

    1. Standardizing AI language internationally

    2. Ensuring ethical use and alignment with societal norms

    3. Balancing AI’s power consumption

    4. Keeping AI technology affordable

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