Industry Participants Including Filecoin Foundation Establish Decentralized AI Association
Decentralized AI Society Aims to Tackle Monopoly Concerns in AI
A group of crypto industry players has formed a non-profit organization called the Decentralized AI Society (DAIS) to address the potential for monopoly in the artificial intelligence (AI) industry. The group is led by Michael Casey, former Chief Content Officer of CoinDesk and chairman of Consensus. DAIS’s 8 founding members include CETI AI, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey, and Lumerin.
Speaking on Tuesday at the Token2049 blockchain conference in Singapore, Casey said, “DAIS believes that centralized platforms in the age of AI have a huge head start. They have all the data, the compute, and even the regulators.”
DAIS aims to address four key areas:
- Capital for a Decentralized AI world: The group recognizes the need to compete with the growing investment in resources like GPUs and data centers.
- Policy development for AI regulations: DAIS plans to shape regulations that encourage a decentralized approach to AI.
- Education and promotion of decentralized AI: The group seeks to raise awareness and understanding of the potential of decentralized AI.
- New algorithms for distributed learning models: DAIS will work to develop new algorithms that support distributed training for AI models.
These efforts are driven by the concern that centralized AI platforms could create monopolies, potentially leading to a lack of innovation and potential misuse of AI technology. By promoting decentralization in AI, DAIS hopes to foster a more ethical and equitable AI ecosystem.
