Summary
In recent developments, a coalition of prominent industry figures has established a non-profit organization known as the Decentralized AI Society (DAIS). This initiative is primarily focused on addressing the growing concerns regarding the monopolization of the artificial intelligence (AI) sector by major tech corporations. Leading this endeavor is Michael Casey, who previously served as the chief content officer at CoinDesk and held the position of chair at the Consensus conference, which is an annual event organized by the cryptocurrency media outlet. Mr. Casey articulated the motivations behind this initiative during an interview at the Token2049 blockchain conference held in Singapore. He emphasized the existing imbalance in the AI landscape whereby centralized entities possess significant advantages. “They own all the data, they own all the compute, and I would say they own the regulators,” Casey remarked, highlighting the overwhelming lead held by these large tech companies in the nascent field of artificial intelligence. The DAIS is constituted by eight founding members, which include prominent organizations such as CETI AI, Filecoin Foundation, Bloq, Hypercycle, Morpheus, Hemi, Odyssey, and Lumerin. The fundamental objective of this organization is to counteract the dominance exerted by leading technology firms such as OpenAI, Google, Microsoft, and Apple, whose influence poses a serious threat to a diverse and decentralized approach to AI. In reflecting on the mission of DAIS, Casey stated, “What choice do we have, but to fight for a decentralized form of AI, given the power of tech giants?” He expressed a resolute commitment to the cause, asserting that he would “never accept the idea that this is too difficult,” thereby calling for collaborative efforts to address these pressing challenges in the technological landscape. This initiative underscores a critical movement within the AI industry aimed at fostering a more equitable environment that promotes innovation and mitigates the risks associated with monopolistic control by a select few corporate entities.
Original Source: www.tradingview.com
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