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- Why Decentralised AI Matters
⏱️ 462 words. Under 4 minutes reading time.
Hello Team,
It’s maybe not crazy to suggest that AI probably shouldn’t be in the hands of a few, powerful, centralised players.
It’s for the advancement of all humanity isn’t it..?
Decentralised artificial intelligence offers an alternative model.
We think you’ll be into it ⏩️
As adoption accelerates, so too does awareness of the challenges that come with this technology.
We’ve broken it down and provided a glimpse at how projects like Ceramic and Ocean Protocol have anticipated these emerging scenarios and are able to provide innovative solutions.
ON YOUR RADAR
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⚙️ A breakdown of AI’s web3 tech stack for you.
💯 The Top 100 Digital & AI Health Companies in 2024 are listed here.
▶️ Brian Armstrong of Coinbase talks Desci and discovering the next Einstein on Bankless.
📔 Coingape have clearly done their DePin homework.
🌏️ AI is centralised and Crypto is decentralised. Balaji on global developer demographics.
🦳 Cerebrum DAO is tackling brain health and longevity. Watch.
🚗 Everyone loves a 10x. Dimo is celebrating theirs.
🏥 Data Lake is the web3 patient data platform with a $100B problem to solve.
THE BREAKDOWN
We picked out some of the core ideas presented by the Ethereum Founder in his latest work.
Intersection of Crypto and AI: Vitalik explores the intersections between crypto and AI, emphasizing the potential synergies beyond superficial connections, driven by advancements in both fields.
Four Major Categories: He categorizes the crypto-AI intersection into four areas:
AI as a player
AI as an interface
AI as the rules
AI as the objective of the game
Each has unique prospects and challenges.
AI as a Player: AI's role in blockchain games and mechanisms, such as arbitrage bots in decentralized exchanges and AI participants in prediction markets. These are all highlighted as viable applications.
AI as an Interface: The potential of AI to enhance user interfaces in the crypto world, helping users navigate and interact with crypto applications more safely and effectively.
AI as the Rules of the Game: This section assesses the risks and challenges of integrating AI into the core rules of blockchain applications, particularly the vulnerability to adversarial machine learning attacks.
AI as the Objective of the Game: An exploration of using blockchain and cryptographic techniques to build decentralized, secure, and private AIs, with potential broader applications beyond blockchain.
💬 3 Big Vitalik AI Quotes
"In cryptography, open source is the only way to make something truly secure, but in AI, a model (or even its training data) being open greatly increases its vulnerability to adversarial machine learning attacks."
"AIs are willing to work for less than $1 per hour, and have the knowledge of an encyclopedia - and if that's not enough, they can even be integrated with real-time web search capability."
"If an AI model that plays a key role in a mechanism is closed, you can't verify its inner workings, and so it's no better than a centralized application."
📖 Read it all for yourself with a nice cup of cocoa here
The Bionic newsletter is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor before making any investment decisions.
Disclosure: Authors may own cryptoassets named in this newsletter.
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