Charles Hoskinson's bold artificial intelligence predictions for Cardano, can this drive an uptick in the Cardano market?

Charles Hoskinson, the founder of Cardano blockchain platform, recently made a bold prediction about the future of artificial intelligence (AI), foreseeing a transformative era driven by fully open-source AI models. Hoskinson took to X (formerly Twitter) to outline his vision, emphasizing the potential of these developments to revolutionize business practices and personal technology use.

Hoskinson Forecasts Paradigm Shift in Large Language Models: Embracing Open-Source Models and Cognitive Agents

Hoskinson's prediction revolves around the transition of Grok to a fully open-source model, the upcoming release of Llama 3 by Meta Platforms, and Apple's substantial contributions to open knowledge in AI. He anticipates that these advancements will reshape the landscape of Large Language Models (LLMs), envisioning highly optimized, fully open-source models capable of running locally and being tailored based on individual personal data by the end of the year. According to Hoskinson, this transition will lead to the emergence of cognitive agents, fundamentally altering how business is conducted.

AI Evolution: Grok Open Source, Llama 3 Release, and Apple's AI Integration Shape Future Forecasts

Hoskinson's forecast is underpinned by three significant developments in the AI sector. Firstly, Grok, an AI chatbot developed by xAI and initiated by Elon Musk, is becoming fully open source, aiming to democratize AI technology. Secondly, Meta Platforms' impending release of Llama 3, the latest version of its large language model, is expected to push the boundaries of AI capabilities, particularly in understanding and generating human-like text. Lastly, Apple's acquisition of DarwinAI, a startup specializing in generative AI, suggests a strong move into the AI space, with anticipated integration of advanced AI features into iOS 18.

Towards Personalized AI: Hoskinson Envisions Cognitive Agents and Localized AI Processing for Enhanced Privacy and Efficiency

Hoskinson believes these developments will lead to the creation of "cognitive agents" capable of understanding, learning, and operating based on individual user data. Unlike current AI models reliant on cloud computing, these future models could run locally on devices, potentially offering a more personalized, efficient, and secure AI experience by processing data on the user's device, thereby minimizing privacy concerns.

In recent days, the Cardano market hasn't been performing optimally. As of now, the real-time price of Cardano is $0.6815, with a 24-hour trading volume of $734,999,691.16.