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VC David Pakman Makes the Case Why AI Needs Crypto

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Exploring the Concept of Decentralized AI

David, let's talk about decentralized AI. It's more than just open source AI. AI consists of models, data sets, compute resources, and inference. Currently, models are either closed or open sourced. Training resources cost billions and are partnered with companies like Microsoft. Data sets are trained without our participation. Web3 aims to create decentralized versions of AI. For example, Jensen is a decentralized training resource where users earn tokens for contributing GPU power. Decentralized data collectives allow contributors to earn tokens for sharing data. Model creation and inference are also decentralized. It's an intriguing concept for those concerned about the future of AI dominated by six companies.

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