How AI Is Different From Web3, Blockchain and Crypto | PYMNTS.com

Artificial intelligence, Web3, cryptocurrencies and blockchain are some of the most talked-about technologies today, often described in a sweeping way as next-gen.However, they’re fundamentally different in purpose, design and impact. Understanding how they differ — and how they can work together — is important to know how to best use them for your business.What Is Web3?Web3, short for Web 3.0, refers to the latest evolution of the internet. The first version of the web, or Web 1.0, consisted of read-only, static websites that offered basic online content. Web 2.0 brought interactivity, featuring social media and user-generated content, but it came with a tradeoff. Most of the data is centralized in the hands of gatekeepers — the tech giants.Web3 aims to change that dynamic. Web3 is a decentralized web where users — not corporations, central banks or other central authorities — own their data, identities and digital assets. It enables peer-to-peer interactions without the need for inte...