2024 Democratize Summit to Explore Convergence of Web3 and AI

The upcoming Democratize Summit 2024 in San Francisco will explore how artificial intelligence (“AI”) and Web3 will converge and help shape the future of the digital horizon. Featuring more than 1,000 forward-thinking industry leaders, the event will run from March 20–21, 2024, and promises to deliver a blend of strategic networking, actionable insights and discussions to the tech hub of San Francisco.

Artificial intelligence has come a long way in the past few years, thanks to major advancements in software and hardware. The technology became widely accessible to the public with the release of OpenAI’s ChatGPT, a free-to-use language model. All iterations of artificial intelligence have contributed to major advancements, with industrial AI boosting productivity, improving decision-making and reducing costs across several industries.

The upcoming summit will cover how artificial intelligence technology can enhance business and e-commerce in the Web3 age. Sectors where AI can have a major impact, including banking, retail, entertainment, travel, defense, social and infrastructure, will have the spotlight during the event

Web 3.0, or Web3, is a concept for the next generation of decentralized internet that runs on blockchain technology and gives users full access to their data. This next generation of the web would see users connect and make direct communications via groups called decentralized autonomous organizations (“DAOs”) that would be owned and run by community members.

Such an open and decentralized version of the web will likely leverage machine learning tools to advance artificial intelligence-based Web3 technologies. Unsurprisingly, integrating artificial intelligence tools into Web3 will be fraught with technical obstacles and challenges.

Attendees at San Francisco’s Democratize Summit 2024 will hold educational conversations to discuss the merits of AI technology combined with Web3. These discussions will cover the impact of the two technologies on businesses today, the market segments expected to react first, and what the market needs to build or buy to properly integrate the technology. The summit’s goals will be to identify barriers and challenges to the convergence of AI and Web3 and find solutions for these issues.

Summit attendees will include sellers, buyers and builders of early-stage technology who will hold carefully planned discussions, interact with thought leaders on summit panels and learn from CEO keynotes. The roster of speakers at the two-day summit includes industry leaders in the nascent Web3 and artificial intelligence sectors.

Democratize Summit 2024 will include more than 1,000 executives and 100 speakers along with a myriad of startups and founders, venture capitalists, media analysts and corporate executives.

Enterprises such as NextPlat Corp. (NASDAQ: NXPL, NXPLW) are already leveraging many of the use cases of Web3 and AI, so it would be eye-opening for such applications to be shared during such an industry conference.

NOTE TO INVESTORS: The latest news and updates relating to NextPlat Corp. (NASDAQ: NXPL, NXPLW) are available in the company’s newsroom at https://ibn.fm/NXPL

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