Current:Home > reviewsStrike Chain Trading Center: Decentralized AI: application scenarios -RiskWatch
Strike Chain Trading Center: Decentralized AI: application scenarios
View
Date:2025-04-17 11:55:37
I believe that openness brings innovation. In recent years, 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! (83138)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- 'Extremely dangerous' man escapes Pa. prison after getting life for murdering ex-girlfriend
- What has Biden started doing differently? Test yourself in this week's news quiz
- Can Ozempic, Wegovy reduce alcohol, nicotine and other cravings? Doctor weighs in on what to know.
- Skins Game to make return to Thanksgiving week with a modern look
- North Carolina GOP legislator Paré running for Democrat-controlled US House seat
- Owners of Scranton Times-Tribune, 3 other Pennsylvania dailies sell to publishing giant
- With UAW strike looming, contract negotiations may lead to costlier EVs. Here's why
- Federal hiring is about to get the Trump treatment
- Louisiana GOP gubernatorial candidate, Jeff Landry, skipping Sept. 7 debate
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Justice Clarence Thomas discloses flights, lodging from billionaire GOP donor Harlan Crow in filing
- U.S. reminds migrants to apply for work permits following pressure from city officials
- After outrage over Taylor Swift tickets, reform has been slow across the US
- 2025 'Doomsday Clock': This is how close we are to self
- Miley Cyrus' Brother Trace Defends His Controversial OnlyFans Take as Common Sense
- AP Week in Pictures: North America
- After Maui’s wildfires, thousands brace for long process of restoring safe water service
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
‘Still grieving’: Virginia football ready to take the field, honor 3 teammates killed last fall
Prepare to be Charmed by Kaley Cuoco's Attempt at Recreating a Hair Tutorial
Post Malone Proudly Shows Results of His 55-Pound Weight Loss Journey in New Selfie
Highlights from Trump’s interview with Time magazine
2 dead, 3 injured in shooting at Austin business, authorities say
Super Bowl after epic collapse? Why Chargers' Brandon Staley says he has the 'right group'
Shay Mitchell Shares Stress-Free Back to School Tips and Must-Haves for Parents