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Blockchain Interest Falls 58% as AI Takes Center Stage

Blockchain

Technology's Impact on Landscape and Interests Declines

Business Honor
04 November, 2024

Global interest in blockchain has fallen 58% in three years, while AI interest has surged over 560%

Global interest in blockchain technology has decreased by 58% over the last three years as focus has increasingly shifted towards developments in artificial intelligence. According to Google Trends data, blockchain's interest score has decreased from 71 on November 3, 2021, to only 30. Meanwhile, AI interest has surged more than 560% over the same period, with an interest score of 100.

Nigeria leads blockchain web searches with a score of 100; St. Helena follows with 60, and Ghana stands at 45. The next two leaders are Cameroon and China with scores of 40 and 35 respectively. In the past, interest in blockchain has been linked to Bitcoin price moves, but lately, this is not true. For example, at the Bitcoin price peak of $73,000 in early March 2024, blockchain search levels reached 58. However, interest in Bitcoin itself has declined, having fallen from a score of 62 on August 3, 2024, to just 34 by November 3-a drop of 45% in three months.

Meanwhile, interest in artificial intelligence increased sharply to 100 on November 2, 2024, and was followed by Vietnam and China, ranking first and second, with scores of 100 and 73 points, respectively. In this respect, Romania follows with 60, Italy 52, and Myanmar with 50 points.

Maybe a lot is being interested in AI but AI news search went backward, dropping to 83 to 62 just on November 3, 2024. These declines indicate unstable growth but certainly love for AI but not at the same speed as dwindling blockchain technology in an ever-changing technology landscape.