The Importance of Decentralized Computing

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I think the central idea is AI needs to be centralized because it needs to consume this very large aggregate data set. But I get the sense that you don't actually agree with that split. Maybe there's the idea of we could have a decentralized AI. What do you disagree with Peter Thiel's meme? So there is a part of me agrees with it, which is that blockchain provides checks and balances to AI. And so does zoonality proofs, which Muhammad is very familiar with.

AI is exploding into every facet of the internet. The convergence of Crypto and AI is inevitable, and we bring on Qiao Wang and Mohamed Fouda to discuss the opportunities and challenges this presents.

They explore why Web3 provides an interesting platform for AI, such as payment and execution rails for AI agents, easy access to financial tools, and the ability to commission resources permissionlessly. One example of this is AutoGPT, which uses AI to generate code for on-chain smart contracts.

How do we balance caution and optimism? How can we surf this tidal wave of innovation and new frontiers?

------ 🚀 Stake with Swell https://bankless.cc/Swell

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask

------ Resources:

Qiao Wang https://twitter.com/QwQiao

Mohamed Fouda https://twitter.com/mohamedffouda

Alliance https://alliance.xyz/

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures