8 months ago
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Founder of Cardano, Charles Hoskinson has boldly predicted a revolutionary advancement in the landscape of computational power. His forecast anticipates a remarkable leap forward in machine learning capabilities in the next few years.
Machine Learning Breakthrough Expected By 2030
In a recent X (formerly Twitter) post, Hoskinson declared that by the end of the decade, it would be possible to run machine learning models 1,000 times more powerful than Mixtral on a standard gaming Personal Computer (PC). The Cardano founder’s statement implies a substantial improvement in the capabilities of handling complex computational tasks in the realm of machine learning and Artificial Intelligence (AI).
According to the crypto founder, this technological innovation will only be possible with specialized hardware and optimization techniques. By leveraging these advanced technologies, the computational power of gaming PCs is potentially set to rise to unexpected levels, enabling them to effectively handle tasks previously reserved for high-performance systems.
Hoskinson’s prediction ushers in a potential for improved accessibility to computational power, with its implications becoming far-reaching, as various industries would potentially benefit from its applications. The Cardano founder’s proclamation also comes at a time when technological innovation and advancement, particularly in the fields of AI and machine learning are growing rapidly.
In the advent that his predictions come to fruition, the boundaries of computational power would effectively be breached, driving innovation on a global scale and unlocking potential benefits that could come from harnessing immense computational power on consumer-grade hardware.
Cardano Founder Excludes ADA In Projections
While making his predictions for 2030, Hoskinson failed to provide any personal projections on the future outlook of Cardano’s native token, ADA. The crypto founder has recently been focusing on the transformative capabilities of Artificial Intelligence and machine learning models within the industry.
At the time of writing the price of ADA is $0.64, marking a 10.05% decline over the past week, according to CoinMarketCap. While other cryptocurrencies like Ethereum (ETH) and Solana (SOL) have experienced bullish rallies, ADA has remained relatively subdued.
Although Hoskinson has not provided a price forecast for Cardano, other crypto analysts have stepped in to fill the gap. According to popular crypto analyst, Ali Martinez, the price of ADA is expected to reach $1.70 following a period of consolidation between the range of $0.55 to $0.80 in the upcoming weeks.
The crypto analyst has predicted that after the upswing to $1.70, Cardano could experience a significant breakout to $5. This surge would surpass the cryptocurrency’s previous all-time high of $3.10 in 2021.
Featured image from Cryptoknowmics, chart from Tradingview.com
