(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)
Arthur, I also have the same opinion as you! I fully support it. Consider such a Lithium - LITH project. They connected the AI to evaluate the NFT, DAO.
Scprime uses S3 (AWS) architecture for its onboarding of data, which everyone is familiar. Filecoin makes users transfer data in entirely different code on the backend and unknown onboarding on the UI front end.
You might be interested in Bittensor. It's a distributed network for AI resources with specialized subnets for varying AI-related activities e.g. subnet for distributed compute, distributed storage, LLM, generative AI and much more!
Thank you Arthur for the time you take to produce these and share them. And for the pearls like " wagging faster than Michael Lewis’ tongue while fluffing Sam Bankman-Fried". I don't understand your love of the stinky fruit, but I really appreciate your writing.
Hey Arthur, fascinating read. Learnt a ton and enjoyed it! One question: will central banks be limited in QE response in the financial disaster scenario because of inflationary pressure seemingly built into the economic system now? Likely inflation would nose dive initially in this situation but equally likely return quickly due to supply side shortages ? Thanks again for the essay.
I find your bullishness on AI amusing, however you havent mentioned the elephant in the room, which is AI is not even close to achieving what the hypelords are promising, it is useful at repetitive tasks that demand no imagination, and can code some small snippets here and there, but never a well structured and complete working piece of software. Even minutely complex tasks seem to be enough of an impediment for the machine to fail or enter a recalculation doom loop. I believe you know how to spot the trends better than anyone i have read but it would be blissful if you channeled your inner bear and described the technology for what it currently is.
Storj has been around far longer than filecoin. Filecoin has bad code; copy paste code, its a money grab that raised before they solved one of the hardest problems. Issues that took serious competitors like Storj many years to get right.
Bottom line is Storj can already beat AWS in every measurable way and beats fikecoin 2x on storage efficiency. Downside to Storj ? Seems a bit centralized still.
Filecoin (and probably StorJ as well, will be adding it to my linked blog) is just another in a long succession of shitcoins like Ethereum and pretty everything that’s not Bitcoin.
Crust Network on Polkadot and Polkadot ecosystem itself. Polkadot main idea is to make blockchains to "talk" to each other and web3 applications. PolkadotSDK is the best case for decentralized AI applications also, because a lot of different purpose blockchains of Polkadot ecosystem talk/messages via XCM protocol and can increase the functionality of every new project.
decentralized compute ，how about rndr，icp？
Golem (GLM) is the compute provider Aurhur was unable to find.
Next major multiparty computation breakthrough will have it take off. Last breakthrough was 100x improvement. Only need 10x more to be viable.
NuNet is this
"wagging faster than Michael Lewis’ tongue while fluffing Sam Bankman-Fried". this killed me! lol
Arthur, I also have the same opinion as you! I fully support it. Consider such a Lithium - LITH project. They connected the AI to evaluate the NFT, DAO.
Such a good post. New sub
For compute I recommend checking out Akash.
Isn't Chainlink Functions combined with Space and Time the answer to the compute part of the AI equation?
$SHDW for storage and $rndr for compute
Scprime uses S3 (AWS) architecture for its onboarding of data, which everyone is familiar. Filecoin makes users transfer data in entirely different code on the backend and unknown onboarding on the UI front end.
You might be interested in Bittensor. It's a distributed network for AI resources with specialized subnets for varying AI-related activities e.g. subnet for distributed compute, distributed storage, LLM, generative AI and much more!
Thank you Arthur for the time you take to produce these and share them. And for the pearls like " wagging faster than Michael Lewis’ tongue while fluffing Sam Bankman-Fried". I don't understand your love of the stinky fruit, but I really appreciate your writing.
Hey Arthur, fascinating read. Learnt a ton and enjoyed it! One question: will central banks be limited in QE response in the financial disaster scenario because of inflationary pressure seemingly built into the economic system now? Likely inflation would nose dive initially in this situation but equally likely return quickly due to supply side shortages ? Thanks again for the essay.
I find your bullishness on AI amusing, however you havent mentioned the elephant in the room, which is AI is not even close to achieving what the hypelords are promising, it is useful at repetitive tasks that demand no imagination, and can code some small snippets here and there, but never a well structured and complete working piece of software. Even minutely complex tasks seem to be enough of an impediment for the machine to fail or enter a recalculation doom loop. I believe you know how to spot the trends better than anyone i have read but it would be blissful if you channeled your inner bear and described the technology for what it currently is.
Missed the point a little bit, AKA as "do you want to be right or do you want to make money?"
It's about free and loose liquidity inflating a bubble, not about the worthiness of the bubble.
Valuable content, I took several notes. Thank you!
Storj has been around far longer than filecoin. Filecoin has bad code; copy paste code, its a money grab that raised before they solved one of the hardest problems. Issues that took serious competitors like Storj many years to get right.
Bottom line is Storj can already beat AWS in every measurable way and beats fikecoin 2x on storage efficiency. Downside to Storj ? Seems a bit centralized still.
Filecoin (and probably StorJ as well, will be adding it to my linked blog) is just another in a long succession of shitcoins like Ethereum and pretty everything that’s not Bitcoin.
https://anonymint1.substack.com/p/decentralized-data-storage-and-delivery
Crust Network on Polkadot and Polkadot ecosystem itself. Polkadot main idea is to make blockchains to "talk" to each other and web3 applications. PolkadotSDK is the best case for decentralized AI applications also, because a lot of different purpose blockchains of Polkadot ecosystem talk/messages via XCM protocol and can increase the functionality of every new project.
Check out Akash