Crypto Social Frenzy Intensifies Over AI Job Disruption: Santiment Report

The crypto space is increasingly focusing its interest on artificial intelligence (AI), and especially on job displacement, as per recent data from Santiment.

AI Discussions Outpace Crypto in Social Activity

Between May 29 and June 5, Santiment’s Alpha Narratives dashboard revealed that discussions about AI replacing human jobs, improving efficiency, and transforming industries outpaced crypto-related topics on social media platforms like X (formerly Twitter).

The issue of AI replacing work roles is getting more heated, along with its hoped-for benefits. According to McKinsey, 30 percent of U.S. jobs will be automated by 2030, and AI could significantly change 60 percent of them.

The use of AI Agents and Decentralized Infrastructure gets a lot of interest.

AI agents and decentralized infrastructures were also discussed as possible factors in increasing AI’s worldwide adoption. Artificial intelligence is being added to blockchain technology by companies to boost user experiences and automate the handling of repetitive tasks.

For instance, decentralized AI infrastructure provider Kite AI released an AI-centric testnet on February 6. One day before that, the 0G Foundation rolled out an $88.88 million ecosystem fund to help speed up AI-driven DeFi and autonomous agent initiatives.

Daily AI Integration
Crypto social media users also discussed how AI is affecting life, from literally cooking toast to driving cars, and now dealing with financial security. Community-built AI agents are particularly popular for debugging code.

"The messages across the board are pointing to a more pervasive and impactful AI presence in society," Santiment said in its update.

Already, AI programs run deep in customer care, chatbots, self-driving cars, and personal assistants.

A survey conducted by CoinGecko on April 23 found that most crypto users are willing to allow AI agents to take over some of their portfolios, a sign of growing confidence in AI-driven decision-making in portfolio management.

Other Trending Narratives: Whales, Memecoins & BTC Bets

Santiment's Alpha Narratives report that a number of other popular narratives trended last week:

Whale action, such as millionaire trader James Wynn, losing $25 million in Bitcoin after a leveraged long soured on June 4.

Rising social volumes across Bitcoin (BTC), Solana (SOL), Loud Token, and various memecoins.

More buzz on Michael Saylor's company Strategy and its recent Bitcoin buys.

The dashboard aids in deciphering leading keywords driving market sentiment and crypto price action, showing how social dynamics continue to dominate the crypto landscape.

By including relevant keywords and linking to related articles, the rewritten content aims to provide comprehensive information while enhancing search engine optimization for CryptoTelegraphs.

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