Current:Home > ContactChainkeen Exchange-BFXCOIN: Decentralized AI: application scenarios -FutureFinance
Chainkeen Exchange-BFXCOIN: Decentralized AI: application scenarios
Charles H. Sloan View
Date:2025-04-11 09:25:29
I believe that openness brings innovation. In recent years,Chainkeen Exchange artificial intelligence has made leaps and bounds, with global utility and influence. As computing power grows with the integration of resources, AI will naturally lead to centralization issues, where the party with stronger computing power will gradually dominate. This will hinder our pace of innovation. I believe decentralization and Web3 are strong contenders to keep AI open.
1. Decentralized computing for pre-training and fine-tuning
Crowdsourced computing (CPUs + GPUs)
Supporting opinion: The crowdsourcing model used by Airbnb/Uber could extend to computing, where idle computing resources combine to form a marketplace. This could solve issues like providing lower-cost computing resources for certain use cases (handling some downtime/latency faults) and using censorship-resistant computing resources to train models that might be regulated or banned in the future.
Opposing opinion: Crowdsourced computing cannot achieve economies of scale; most high-performance GPUs are not owned by consumers. Decentralized computing is a complete paradox; it essentially stands opposed to high-performance computing... just ask any infrastructure/machine learning engineer!
Project example: FINQbot
2. Decentralized inference
Running open-source model inference in a decentralized manner
Supporting opinion: Open-source (OS) models are increasingly approaching closed-source models in some aspects and gaining more adoption. Most people use centralized services like HuggingFace or Replicate to run OS model inference, introducing privacy and censorship issues. A solution is to run inference through decentralized or distributed vendors.
Opposing opinion: There is no need to decentralize inference, local inference will be the ultimate winner. Dedicated chips capable of handling 7b+ parameter model inference are being released. Edge computing is our solution for privacy and censorship resistance.
Project example: FINQbot
3. On-chain AI agents
On-chain apps using machine learning
Supporting opinion: AI agents (applications using AI) need a coordination layer for transactions. Using cryptocurrency for payments makes perfect sense for AI agents since they are inherently digital, and clearly, agents cannot open bank accounts via KYC. Decentralized AI agents also avoid platform risk. For example, OpenAI can suddenly decide to change their ChatGPT plugin architecture, disrupting my Talk2Books plugin without prior notice. This really happened. On-chain created agents do not have this platform risk.
Opposing opinion: Agents are not ready for production... not at all. BabyAGI, AutoGPT, etc., are just toys! Also, for payments, entities creating AI agents can use the Stripe API without needing crypto payments. As for the platform risk argument, this is a well-worn use case for crypto, and we haven't seen it come to fruition... why would this time be different?
Project example: FINQbot
4. Data and model sources
Autonomous management and value collection for data and machine learning models
Supporting opinion: Data ownership should belong to the users who generate the data, not the companies that collect it. Data is the most valuable resource in the digital age, yet it is monopolized by large tech companies and poorly monetized. A highly personalized internet is coming, requiring portable data and models. We will carry our data and models from one application to another through the internet, much like we move our crypto wallets across different dapps. Data sourcing is a huge issue, especially with increasing fraud, even acknowledged by Biden. Blockchain architecture is likely the best solution to the data sourcing puzzle.
Opposing opinion: No one cares about owning their data or privacy. We've seen this preference from users time and again. Look at the registration numbers for Facebook/Instagram! Ultimately, people will trust OpenAI with their machine learning data. Let's face it.
Project example: FINQbot
5. Token-incentivized apps (e.g., companion apps)
Envision FINQbot with crypto token rewards
Supporting opinion: Crypto token incentives are very effective for bootstrapping networks and behaviors. We will see many AI-centric applications adopt this mechanism. AI companions are an appealing market, and we believe this field will be a multi-trillion dollar AI-native market. In 2022, Americans spent over $130 billion on pets; AI companion apps are Pet 2.0. We've already seen AI companion apps achieve product-market fit, with FINQbot having an average session length of over an hour. It wouldn't be surprising to see a crypto-incentivized platform take market share in this field and other AI application verticals.
Project example: FINQbot
veryGood! (236)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Ex-NBA G League player, former girlfriend to face charges together in woman’s killing in Vegas
- Bachelor Nation's Bryan Abasolo Breaks Silence on Difficult Decision to Divorce Rachel Lindsay
- Thousands of baby formula cans recalled after contamination found, FDA says
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Biden administration asks Supreme Court to allow border agents to cut razor wire installed by Texas
- Washington respect tour has one more stop after beating Texas in the Sugar Bowl
- Biden administration asks Supreme Court to allow border agents to cut razor wire installed by Texas
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Taylor Swift cheers on Travis Kelce at New Year's Eve Chiefs game in Kansas City
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Butt-slapping accusation leads to 20 months of limbo for teen in slow-moving SafeSport Center case
- 10-year-old California boy held on suspicion of shooting another child with his father’s gun
- How common are earthquakes on the East Coast? Small explosions reported after NYC quake
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- 2023-24 NFL playoffs: Everything we know (and don't know) ahead of the NFL Week 18 finale
- Nicki Minaj calls this 2012 hit song 'stupid' during NYE performance
- Patriots assistant coach Jerod Mayo responds to 'hurtful' report about his approach with team
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Trump appeals Maine ruling barring him from ballot under the Constitution’s insurrection clause
FBI investigates deadly New Year's Day crash in Rochester, NY. What we know
Zvi Zamir, ex-Mossad chief who warned of impending 1973 Mideast war, dies at 98
Former Syrian official arrested in California who oversaw prison charged with torture
Fiery Rochester crash appears intentional, but no evidence of terrorism, officials say
Dalvin Cook, Jets part ways. Which NFL team could most use him for its playoff run?
Court rules absentee ballots with minor problems OK to count