Centralization and the authoritarian threat to privacy — Web3 exec
David Holtzman emphasizes that centralized data systems are vulnerable to abuse due to their single point of control, exacerbated by advancements in artificial intelligence and quantum computing. He advocates for decentralizing AI through blockchain to introduce human oversight and employing quantum-resistant algorithms to protect private data. Holtzman warns of the growing power of institutions, including corporations, over the past 50 years, which poses a significant risk. The rise of quantum computers threatens existing encryption standards across various sectors, necessitating decentralized information systems. Privacy-preserving blockchain protocols are essential for the future, with selective disclosure via zero-knowledge proofs proposed as a solution. Executives from decentralized AI and identity solutions stress the importance of self-sovereignty and protecting sensitive data from centralized entities.
