AI Finds 70% of Smart Contract Exploits | Alpin Yukseloglu
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Banklessation, we are here with Alpin Yusolulu. He is an investment and research partner at Paradigm, also the co author of a paper titled EVM Bench, an Open Benchmark for smart contract security agents written in collaboration with OpenAI, to measure the ability of AI agents to just detect or patch or exploit smart contract vulnerabilities. We're gonna talk about the way that AI and AI capabilities are going to impact our crypto ecosystem, our smart contracts. Alpin, welcome to Bankless. Hi.
Thanks for having
me. I wanna start off the question with a very big this podcast with a very big question. How at risk are we Okay. From AI? How large of a threat does AI smart contract capabilities pose to our industry?
Yeah. I mean, in the long term, it's it's now increasingly clear that AI is gonna be extremely, extremely good for crypto because especially on the security front because we're gonna get to a world where where because everything is much more secure, the ceiling on the industry is much higher. So our partner, Matt, talks about how, if you have a grocery store that's run by mom and pop, because they can't see everything in the store, there's a limit to how big they can get. But the moment you add security cameras in, security has this effect of increasing the capacity, the carrying capacity of o
Yeah. I think what you're saying is in the long term, we get something approaching perfect security. Yeah. Right now, we do not have perfect security. Let me ask you the same question, but a little bit differently. Say only bad actors, only black hat hacked actors have access to AI capabilities. In that context, how at risk is our industry? Like, how exploitable are our smart contracts given the increase in AI capabilities?
Yeah. I mean, I think it's really hard to say when we approach superintelligence levels. I do think until we hit the like, right now, the models are quite good, but they're not better than the best human auditors. So we already have existed in crypto under this threat model of extremely intelligent adversarial actors that are constantly trying to break all of our software that with all the money in it. So in that sense, like, crypto is already quite hardened, but it's it's just really hard to know when we talk about sort of a technology inflecting into superintelligence. This is very similar t
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Alpin, when we if we zoom out here, though, and we think about AI intelligence and its security capabilities and its bug detection capabilities kind of going exponential and we think about a super intelligent AI, I don't even know how to think about security in general because it can envision scenarios beyond human comprehension. For instance, what if it thinks up a way to crack some of our cryptography with some math that we didn't even know existed. Right? Like, I heard actually Justin Drake on a podcast recently talk about this. It's not just the threat of quantum computers, which is kind o
I I mean, I think security so the way I would think abou
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