AI Job Displacement Key Topic of Discussion
The crypto community is increasingly focused on artificial intelligence (AI), discussing its potential for job displacement and efficiency improvements. Between May 29 and June 5, discussions about AI surpassed those about crypto on social media, according to Santiment. McKinsey predicts that by 2030, 30% of US jobs could be automated, with 60% significantly altered by AI. Users are also exploring AI agents and decentralized infrastructure, with blockchain firms integrating AI to enhance operations. Kite AI launched an AI-focused testnet, and the 0G Foundation established an $88.88 million fund for AI-powered decentralized finance projects. Everyday applications of AI, such as personal assistants and self-driving cars, are gaining attention. A CoinGecko survey revealed that many crypto users are open to AI managing their investments. Other trending topics included whale accumulation in crypto markets and significant trading activity in Bitcoin, Solana, and memecoins.
