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Disrupting The Status Quo: How io.net Challenges Big Tech's AI Dominance

The Defiant - DeFi Podcast

NOTE

Decentralization is Key to Combat Big Tech's Control

The intersection of AI and crypto is emerging as a critical space where decentralization can break the monopoly of big tech companies that currently control data, machine learning expertise, and computational resources. This concentration of power by giants like Google and Facebook leads to significant issues, including bias in AI models and an increasing cycle of control and profit for these entities. To counter this trend, the aim should be to decentralize the components involved in AI—data, model development, and compute resources. Initiatives such as IONET and BC8.AI exemplify pathways to achieving this, promoting a system where various stakeholders can contribute and be compensated fairly. By fostering collaboration across decentralized data, models, and compute, the aim is to create a more equitable and less biased future in AI development, ultimately reducing big tech's dominance.

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