Buterin: DeSoc apps needed to prevent crypto speculation

Ethereum founder Vitalik Buterin said in an interview with Foresight News that he hopes developers will build more decentralized social (DeSoc) applications. He added that he also anticipates the emergence of smart DAOs with more sophisticated structures. Buterin explained these developments are necessary for three reasons: to prevent the crypto industry from becoming a purely speculative market, to ensure the continuous improvement of Ethereum's technology, and to avert a future dominated by centralized AI.