Crypto industry participants have formed a nonprofit called the Decentralized AI Society (DAIS) to address the possibility of monopoly in the artificial intelligence (AI) industry.
The group is led by Michael Casey, formerly CoinDesk’s chief content officer and chairman of Consensus. DAIS’ eight founding members include CETI AI, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey and Lumerin.
“DAIS believes that centralized platforms have a huge head start in the AI era. They own all the data and computing, and even the regulators,” Casey said in an interview on the sidelines of the Token2049 blockchain conference in Singapore on Tuesday.
DAIS aims to solve four problems:
1. Bringing capital to the decentralized AI world, which has become an arms race for resources such as GPUs and data centers;
2. Developing policies to create AI regulations;
3. Education and promotion of decentralized AI;
4. Engineering to create new algorithms for learning models in a distributed manner. (CoinDesk)