At the Hong Kong Web3 Carnival opening ceremony, DFINITY Foundation founder and chief scientist Dominic Williams discussed the operation of AI on the blockchain, stating that as a smart contract, we hear a lot about Web3 blockchain discussions, as well as blockchain used for AI and tokenization for AI, which is a completely different issue. What we are talking about is AI running on the blockchain.

Artificial intelligence has different capabilities on each small contract. It can store 400GB of data and has stable memory on the Internet computer with 4GB of storage, which is very important for AI. Traditional blockchains, like Ethereum, may trigger a small contract, and the calculation can be completed in a single block, while in Internet computers, transactions can extend the calculation to multiple blocks, which is very important for AI. These small smart contract processes in Internet computers can serve interactive Web3 experiences, and there may be thousands of effective small contracts running on traditional blockchains.