GreenPill DeepFunding.Org W/ Vitalik Buterin
13 snips
Dec 13, 2024 
Vitalik Buterin, co-founder of Ethereum and a trailblazer in decentralized technologies, dives deep into the innovative concept of deep funding. He discusses how AI can enhance funding models for public goods, tackling the complexities of project dependencies. Vitalik also shares insights on the challenges in software development, balancing risk and stability in public funding, and novel applications of deep funding beyond tech. He highlights the importance of community and collaboration in fostering effective funding strategies for diverse projects.
AI Snips
Chapters
Transcript
Episode notes
Deep Funding's Core Insights
- Deep funding uses dependency graphs to allocate funding, addressing the challenge of quantifying a project's value.
- It leverages AI and spot-checking by humans to determine project dependencies and allocate funding accordingly.
Unintended Consequences of Deep Funding
- Deep funding introduces a competitive element where participants strive to provide accurate dependency assessments.
- Gaming the AI and manipulation are potential unintended consequences that need to be addressed.
Risk Tolerance in Public Funding
- Public goods funding requires a different approach than government initiatives due to its experimental nature.
- A tolerance for risk and a diversity of mechanisms are key for effective public goods funding.