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Are We Really Back? AI Subnets, BTC Surge & Stablecoin Wars | Fully Diluted with Messari Research
May 7, 2025
In this discussion, Andrew Dyer, a key player in the Messari Enterprise team, alongside specialists Dylan Bane, Sunny Shi, Chris Davis, and Kinji Steimetz, delves into the pulse of the crypto world. They dissect Bitcoin's surprising resilience amid economic uncertainty and ponder Ethereum's potential comeback. The team explores the burgeoning realm of AI subnets and the implications for decentralized training. Stablecoin innovations and partnerships spark intrigue, while the evolving gaming landscape, including Treeverse, showcases exciting growth opportunities.
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Podcast summary created with Snipd AI
Quick takeaways
- The surge in AI tokens for decentralized training reflects a significant shift towards cost-effective solutions, though they still lag behind established platforms like ChatGPT.
- Bitcoin's recent price increase indicates a potential decoupling from traditional market behaviors, yet concerns about ongoing volatility and economic uncertainty persist.
Deep dives
AI Token Usage Growth
The podcast discusses the increasing usage of AI tokens in decentralized training platforms, with reports showing a significant rise in token processing from 20 billion to 55 billion in less than a month. This growth, driven by interest in decentralized models and cost-effective solutions, reflects a shift where students and researchers prefer using these platforms over conventional ones like OpenAI. However, it is noted that while more tokens are processed, they still lag in comparison to established entities like ChatGPT, which has a strong hold on daily active users. The impact of this transition on the broader AI landscape and its sustainability in a paid model remains to be seen.
