Tuesday, December 24

Dominic Williams, Founder of DFINTIY, on Decentralized AI, AI Dapps, Hosting AI Models on the Blockchain, and Multichain DeFi|Ep. 321

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Last upgraded: March 29, 2024 13:22 EDT|9 minutes checked out

Cryptonews Podcast host Matt Zahab just recently took a seat for an unique interview with Dominic Williams, the Founder and Chief Scientist of the DFINITY Foundation, a significant factor to the Internet Computer (ICP) blockchain and passionate AI lover.

Williams went over the future of AI, its ‘ideal collaboration’ with wise agreements and blockchain, and how AI can assist average Joe and Jane carry out complicated trades with spoken directions.

He even more described what separates Internet Computer as a crypto cloud from other blockchains, and why it’s presently the only one in the “3rd lane.”

In this interview, Williams went over:

  • decentralized AI (DeAI);
  • why AI jobs need to be decentralized;
  • why dapps need to enter AI;
  • developing out a first-rate material studio;
  • hosting AI designs on the blockchain;
  • multichain DeFi;
  • decentralized cloud computing.

Dominic Williams provided an extensive unique interview, which you can see above or check out listed below.

The Future of AI is Smart Contracts

Being in a brand-new studio in the basement of Zurich HQ, Williams went over the appealing future of AI.

The Internet Computer (ICP) blockchain intends to work as a decentralized cloud. It would make it possible for AI designs to run totally on the blockchain without central cloud companies like Amazon Web Services.

Williams suggested that “the long tail of AI, where individuals run their own designs, is most likely one where AI runs clever agreements on blockchains.”

And this is possible today on the Internet Computer blockchain.

Everybody in crypto is presently discussing AI: blockchains for AI, tokens for AI, ChatGPT combination that individuals can utilize to put chat into their Web3 service, and far more.

And all that is terrific, stated Williams. DFINITY is more focused on the principles.

The job’s objective is to transform computing on blockchain. This implies that they see blockchain as it is today on the Internet Computer.

Smart agreements on the Internet Computer are a package of web assembly bytecode and relentless memory pages, and they run in parallel. They straight serve user experiences in end users’ internet browsers.

This blockchain particularly, stated Williams, can imitating a “crypto cloud where you can construct anything with clever agreements.”

This enables it to process some 330,000-350,000 Ethereum-equivalent deals a 2nd.

Some of these wise agreements are now loading up to 400 gigabytes of consistent memory, stated Williams, offering adequate memory and calculate power to run an AI.

Previously this weekend the Internet Computer #ICP passed 3 billion blocks It’s most likely now processed significantly more obstructs than all the other blockchains integrated (?) It’s a monster.

— dom.icp ∞ (@dominic_w) March 24, 2024

“And what we’ve done at DFINITY,” Williams included,

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