ARK Research Associate Lorenzo Valente joins the hosts to discuss the TON network in blockchain, the relevance of Moore's Law today, and the expanding role of AI across industries. They explore the potential of the TON Network, the plateau of Moore's Law, and the widespread integration of AI technology in various sectors.
The TON Network is disrupting the blockchain ecosystem with innovative solutions and developments.
Although Moore's law may have reached a plateau, the evolution of AI training chips could re-accelerate semiconductor cost declines.
Deep dives
History of Telegram and Ton Network
The Tun Network, a layer one blockchain, launched amidst the ICO bubble in early 2018, raising $1.7 billion. However, the SEC later declared the sale illegal, leading to the severance of the partnership between Telegram and Tun. Despite this setback, activity surged, and a new self-custodial wallet jointly announced by Telegram and Tun in October reignited interest among users, investors, and the crypto community.
Telegram's Role in Tun's Future
Telegram's massive user base as the fourth largest messaging app globally with over a billion users positions it uniquely for integrating crypto functionalities. With Telegram's focus on privacy and human rights, the partnership with the Tun Network presents intriguing possibilities, especially in micro payments and small viral apps like gaming or trading. The potential reach to a billion users could lead to a significant increase in activity and metrics for Tun.
Moore's Law vs. Wright's Law in Semiconductor Industry
The discussion delves into the evolution of Moore's Law and its potential demise, contrasting it with Wright's Law, which associates fixed percent cost declines with cumulative production doublings. The podcast explores how applications like AI training chips may lead to a re-acceleration in semiconductor cost declines. By measuring AI relative compute units and considering software advancements, the outlook points to a continuous 75% annual decline in training costs, highlighting the importance of technological platforms cutting across sectors like AI.
Is the death of Moore’s law a myth? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Research Associate Lorenzo Valente to discuss the TON network, whether Moore’s law is still applicable today, and the proliferation of AI across industries.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
Key Points From This Episode:
The TON Network is making waves in the blockchain ecosystem
While Moore's law may have plateaued, that might not necessarily mean it's dead
For more updates on Public.com:
Website: https://public.com/
YouTube: @publicinvest
Twitter: https://twitter.com/public
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