Michael Novogratz who is known as the founder and Chief Executive Officer of Galaxy Digital currently described regarding decentralization, security and AI tech in an audio interview with Laura Shin.
The CEO, whereas conversating the idea of decentralization and its significance enunciated in these below mentioned words:
“I don’t think we’re going to decentralize the whole world. I really don’t. I think there are parts of the world where decentralization makes sense, for peer to peer you know relationship makes a lot of sense”.
Novogratz briefed more that the cause for this choice relates to his general thought about security. He declared about Artificial Intelligence called AI and how the disappearance of it ten years ago had been gaining in establishing the needed security. Anyhow, he also thanked and got awareness the promotion AI has told few years ago; “what it’s going to do in then ext 10 years is staggering.”
The CEO associated his analysis regarding security of the presence of his DNA to track him and his life associations with the several organizations. He spoke more in these sentences:
“And now my DNA is on somebody’s database with my name on it, and every thing else. And if you look at how much hacking is going on, on the internet, that doesn’t forge you feel so good. And they’ve already sold that DNA to some research companies”.
Novogratz briefed the promotion of AI tech by assigning a parallel of how an embryo before even it has been established can bestow info about eye color, and height. Most significantly, AI can be enlightened IQ within the dismal level which had been showed impossible once but is looking possible now, he ascribed. By the way, he included, it looks certain for any org to assemble all the info related to personal and utilizes it for managing trade or other sectors. He kept brefing in these particular words what has been described below:
“And so having some firewall between our personal data and these big silos that can use it for good or bad reason, to me is wildly essentially what gets me the most excited about putting so much my energy into the space”.