Ethereum Co-founder Lubin: AI Will Be Critical Turning Point for Crypto, But Tech Giant Monopoly Poses Systemic Risk

Gate News message, April 18 — Ethereum co-founder Joseph Lubin stated that artificial intelligence will be a critical turning point for the next phase of the cryptocurrency industry's development, but warned that if computing power and infrastructure become concentrated among a few major tech companies, it could pose systemic risks.

Lubin noted that AI agents could autonomously execute transactions, collaborate, and validate on blockchain networks in the future, forming the foundation of a "machine economy." He believes that cryptographic technology and decentralized systems will ensure transparency and accountability, enabling machines to monitor each other. Additionally, Lubin observed that traditional finance and DeFi are accelerating their convergence, driving the global economy toward greater refinement and programmability. He characterized quantum computing risks as a long-term manageable challenge, noting that Ethereum developers have already begun preparing countermeasures.