Кевин О’Лири: ИИ и блокчейн начнут новую эру в бизнесе с революционными транзакциями Translation: Kevin O’Leary: AI and Blockchain Will Usher in a New Era in Business with Revolutionary Transactions

Artificial intelligence and blockchain will herald «the next revolution in business.» AI will be able to make retail purchases autonomously, while distributed ledger technology will handle transactions, according to Kevin O’Leary, an investor and star of the television show Shark Tank.

Blockchain will form the foundation for the upcoming wave of transactions involving neural networks, ranging from payments at Walmart and Target to fast food joints and coffee shops.

«You simply tell your phone: ‘I’d like a large low-fat latte, please. I’ll be there in a minute and a half.’ And that’s it,” said the investor.

Afterward, the AI will analyze the user’s location, check for nearby stores, select the appropriate one, and complete the payment using digital assets.

«It already knows who you are: when you arrive, your name lights up for the seller,» O’Leary added.

The expert emphasized that he is currently unaware of an efficient method to process millions of transactions simultaneously with minimal costs. He asserted that existing systems like Ethereum are inadequate for this task, as they organize operations sequentially. Consequently, delays and fees increase during high demand.

«It’s like a long highway leading to a tollbooth where transaction authentication occurs. When there are too many cars—which means operations—they pile up at the gate and cause a traffic jam,» he remarked.

O’Leary believes that directed acyclic graphs (DAG) could address this issue. Unlike traditional linear blockchains, they process transactions in a web-like structure.

Hedera and Nano operate on such an architecture.

It is worth noting that in August, on-chain detective ZachXBT claimed that the operational models of Ripple, Cardano, and Hedera resemble financial pyramids.