Eight Entities Join Forces to Form Decentralized AI Association, Addressing AI Monopoly Risks

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September 18, 2024
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PANews, September 18: According to CoinDesk, eight projects have joined forces to form the Decentralized Artificial Intelligence Association (DAIS) to address the risk of tech giants monopolizing the AI industry. DAIS is chaired by former CoinDesk Chief Content Officer Michael Casey. The eight founding members of DAIS include CETI AI, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey, and Lumerin.

DAIS aims to tackle four key issues:

  • Funding: Raise funds for the decentralized AI space.
  • Regulation: Drive policy development for AI regulation.
  • Education: Promote education about decentralized AI.
  • Algorithm Development: Develop algorithms for distributed learning models.

Casey emphasized the need for decentralized AI development, noting that tech giants currently control data, computing power, and regulatory bodies.

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