AI can’t get you Starbucks, but it could with blockchain: Kevin O’Leary

Venture capitalist Kevin O’Leary believes that the convergence of Artificial Intelligence (AI) and blockchain technology will drive the next major business revolution, particularly in retail transactions. He envisions a future where a user can simply use voice commands to order an item, such as a latte, and the AI will locate the nearest retailer, determine the best option, and use a blockchain system to execute an instant digital payment upon arrival. However, O'Leary noted that current blockchain solutions, like Ethereum, are inadequate for this scale because their linear processing causes delays and high fees during peak traffic. He is searching for a scalable solution, possibly using Directed Acyclic Graph (DAG) architecture, that can handle millions of simultaneous, low-cost retail transactions daily for major retailers like Walmart and Target. Meanwhile, agentic AI is already assisting with tasks like tracking grocery needs and comparing prices across different stores.

(Source：Cointelegraph)