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THE PROTOCOL: The Significance of User-Owned AI and NEAR Protocol's Emphasis on Practical Applications

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Challenges in AI Industry and the Case for User-Owned AI

This chapter highlights the challenges faced by the AI industry with a few dominant companies extracting value from users, leading to the importance of user-owned AI to prevent monopolistic control. It explores the intersection of AI and crypto, focusing on user-owned AI stack, synthetic data, and decentralized alternatives to centralized AI solutions.

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