Founder of Bittensor, Jacob Steeves, explains how AI can save humanity from runaway AI. He discusses how Bittensor works and the differences between Miners, Validators, and Stakers. He also addresses burning community questions.
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insights INSIGHT
Decentralized AI Controls Runaway Risk
Decentralized AI prevents runaway AI by tethering it to humanity's collective will through token holders.
AI control by a small group risks dangerous misuse; decentralized ownership distributes power and accountability.
insights INSIGHT
Miners and Validators Roles
BitTensor miners host and run AI models to process costly computational tasks like text-to-image conversion.
Validators assess miner output quality and distribute tokens to incentivize honest, high-performance work.
insights INSIGHT
Embedding-Based Validation Method
Validators use pretrained models like CLIP to generate embeddings and compare text-image similarity for validation.
This embedding comparison creates a quantifiable metric to evaluate AI-generated outputs accurately.
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We spoke with Jacob Robert Steeves who is the founder of Bittensor, a project working to bring artificial intelligence to the blockchain space in hopes of decentralizing ownership and control over the technology. This project has been in development for many years and has an already viable ecosystem with operating nodes, validators, and stakers. The incentive mechanism they have incorporated involved the minting and distribution of TAO tokens which is the reward for participants in the ecosystem. The economics of the token follow Bitcoins exactly in its total supply and emission schedule. This is to ensure the network needed to support and grow Bittensor’s machine learning systems can grow to the scale of what Bitcoin has done. If successful the computational power of Bittensor will be 500 times more of what Google’s entire data infrastructure could provide. Jacob Steeves goes in depth about the philosophies that motivated him and his foundational team to work on this initiative and how the future of AI will look.
Topics:
First up, We discuss how AI can save humanity from the potential of a runaway AI
Next, we ask Jacob how Bittensor works and how people can leverage it
Then, He explains the differences between Miners, Validators, and Stakers.
and Finally, we ask him burning questions from the community
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