Stock image of a Bitcoin disintegrating

Nvidia CTO: Cryptocurrency Provides Nothing Helpful to Society

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Having earned a boatload of cash promoting graphics processors to miners of crypto currencies like Bitcoin and Ethereum, Nvidia now says that cryptocurrencies are ineffective for society. As an alternative of losing GPU compute energy for mining, it may be used to run varied synthetic intelligence purposes like sensible chatbots.  

“All this crypto stuff, it wanted parallel processing, and [Nvidia] is the perfect, so folks simply programmed it to make use of for this function,” stated Michael Kagan, chief know-how officer of Nvidia, in an interview with The Guardian (through VideoCardz). “They purchased numerous stuff, after which ultimately it collapsed, as a result of it doesn’t carry something helpful for society. AI does,” Kagan advised the Guardian.” 

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