Edge Of AI Podcast AI is Revolutionizing Financial Markets: Building Efficient AI-Driven Financial Infrastructure with Upshot
In this episode of the Edge of AI, get an insider's look at the convergence of AI and cryptocurrency with Nick Emmons, the CEO of Upshot. Discover the innovative use of AI for financial analytics, blockchain technology, and AI advancements in ZKML. Explore the future of hyper-financialization, AI-empowered markets, and the creation of efficient financial infrastructure with Upshot.
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🔑 Key Takeaways:
◆ Upshot is a New York-based decentralized AI platform pioneering the creation of efficient financial markets using the proof of alpha protocol and advanced machine learning which enables the creation of efficient financial markets for a wide range of assets using blockchain and AI to drive efficiency and financialization.
◆ Metastreet is a decentralized lending protocol focused on long-tail assets and NFTs, to integrate predictive analytics into the lending platform, aiming to create a global and efficient lending market for watches.
◆ The Future of Finance Lies in AI and Blockchain Integration: AI and blockchain are merging to create efficient financial markets, potentially leading to an era of hyper-financialization where most things are coordinated via markets, such as governance, information elicitation, and truth discovery.
💬 Quotes from Nick Emmons:
◆ Reality is a game with a lot of malleability that people buy into.
◆ Blockchain and crypto enable efficient coordination without middlemen.
◆ People facilitate improvement and learning of AI models but sSpecialized AI models learning from each other will accelerate AI progression.
Don't miss out on this fascinating discussion for a peek into the future of finance!
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