As enterprises and society at large struggle to wield the massive amounts of data flowing off of devices, infrastructure, workflows, and users, two profound, but distinct technological developments are shaping the narrative.
AI is an umbrella term for numerous subsets of advancements in technology generally concerned with enabling machines to perceive, speak, act autonomously, and efficiently analyze and learn from large data sets. Blockchain represents a series of technologies that enable distributed database architecture, wherein the record and verification of a transaction or event relies on multiple parties agreeing on the validity of that transaction, rather than relying on a single centralized authority. On the surface, it is difficult to ascertain precisely where or how these technologies or the capabilities they engender would converge. Companies should begin by considering the areas of overlap in tension and opportunity, such as data sharing, security, and the need for trust.