Кевин О’Лири обещает революцию в бизнесе благодаря инновациям в ИИ и блокчейне Translation: Kevin OLeary Promises a Business Revolution Through Innovations in AI and Blockchain

Artificial intelligence and blockchain are set to ignite the «next revolution in business.» AI will be capable of making retail purchases autonomously, while distributed ledger technology will handle payments, according to investor and Shark Tank star Kevin O’Leary.

Blockchain will form the foundation for an upcoming wave of transactions involving neural networks — from payments at Walmart and Target to burger joints and cafes.

«You simply tell your phone: ‘I’d like a large latte with skim milk. I’ll be there in a minute and a half.’ And that’s it,» the investor remarked.

Following that, the AI will assess the user’s location, check for nearby stores, select the appropriate one, and execute payment using digital assets.

«It already knows who you are: when you walk in, your name appears to the seller,» O’Leary added.

The expert emphasized that he currently lacks an efficient method to process millions of transactions simultaneously with low costs. According to him, existing systems like Ethereum are inadequate for this, as they handle operations sequentially. This leads to delays and increased fees during high loads.

«It’s like a long freeway leading to a toll booth, where transaction authentication takes place. When there are too many cars — meaning operations — they back up at the tollgate and create a bottleneck,» he stated.

O’Leary believes directed acyclic graphs (DAGs) could solve this issue. Unlike traditional linear blockchains, they process transactions in a structure resembling a web.

Hedera and Nano operate on such architecture.

Recall that in August, on-chain investigator ZachXBT stated that the operational model of Ripple, Cardano, and Hedera resembles that of financial pyramids.