Gaianet - Why Bloomberg's AI Market Prediction Falls Short, Next Big Decentralized AI Play
Bloomberg says AI is a 1.3T market.
But decentralized AI? That's a $5T opportunity waiting to be seized.
Here's why Bloomberg's predictions are underwhelming + what should your next AI play be:🧵👇
The problem today is that AI is either centralized (OpenAI, Microsoft, xAI etc.) or open source. Neither model effectively incentivizes & protects subject matter experts who create the training data.
AI has become a crucial part of our daily lives, impacting everything from work to leisure.
Yet, it faces some big problems like censorship, bias, privacy concerns, and high costs.
Why should experts share their valuable knowledge with a centralized tech giant that captures most of the value? Or train an open source model that then gives away their IP for free?
That's where decentralized AI comes in. It offers a different, potentially better way to deal with these issues.
Decentralized AI achieves this through a distributed network of nodes, fostering diverse perspectives and ensuring a fairer representation of information.
Gaia's solution is a new decentralized network that allows experts to monetize and protect their proprietary knowledge systems as customized AI models.
Experts can train highly specialized models on their unique data/knowledge. Users pay the expert directly to access that bespoke AI capability.
This protects the expert's intellectual property while allowing many parties to participate in the economic upside their expertise creates as an AI model.
Gaia provides the infrastructure to easily create, host, and transact these decentralized AI models in a secure, scalable way.
It's align incentives for subject matter experts to contribute their knowledge and get properly compensated for it.
What exactly is GaiaNet?
GaiaNet is a decentralized network that offers secure, censorship-resistant, and monetizable AI agents.
It’s building a distributed network of edge-computing nodes controlled by individuals and businesses to host fine-tuned AI models.
These agents integrate personal knowledge and skills while safeguarding privacy.
The problem today is AI is either centralized (OpenAI, Microsoft, xAI etc.) or open source. Neither model effectively incentivizes & protects subject matter experts who create the training data.
Why should experts share their valuable knowledge with a centralized tech giant that captures most of the value? Or train an open source model that then gives away their IP for free?
Gaia's solution is a new decentralized network that allows experts to monetize and protect their proprietary knowledge systems as customized AI models.
Experts can train highly specialized models on their unique data/knowledge. Users pay the expert directly to access that bespoke AI capability.
This protects the expert's intellectual property while allowing many parties to participate in the economic upside their expertise creates as an AI model.
Gaia provides the infrastructure to easily create, host, and transact these decentralized AI models in a secure, scalable way.
It's a powerful new paradigm - aligning incentives for subject matter experts to contribute their knowledge and get properly compensated for it.
The GaiaNet network comprises three core components:
GaiaNet Nodes
GaiaNet Domains
GaiaNet DAO
Let me explain the function of each one.
GaiaNet Nodes
The GaiaNet node, a comprehensive software stack, empowers technically skilled individuals to operate their own AI agents.
It encompasses various components for creating, deploying, and managing personalized AI agents.
Every data provider serves as a node, contributing and reaping benefits.
GaiaNet Domains
A GaiaNet domain comprises interconnected nodes under a single Internet domain name.
Managed by domain operators, they oversee governance, operations, and service provision.
Domains specialize, meet unique needs. Together, they create a decentralized marketplace for AI services.
https://twitter.com/eli5_defi/status/1784871192286896320
GaiaNet DAO
The GaiaNet DAO oversees governance of GaiaNet nodes and domains.
The GaiaNet token facilitates transactions, governance, and network trust. It serves as a governance, staking, and payment token.
Token holders can participate in network rules, vouch for operator trustworthiness, and make payments.
The token is anticipated to be listed in Q4 2024. Its use cases include:
Primarily, rewarding Node runners for ecosystem contributions.
Secondly, covering fees and facilitating DAO operations.
Here’s a glimpse into their tokenomics.
GaiaNet's versatility extends to various use-cases:
Trading bots: Advanced AI-quant bots analyze social cues to automate trades.
DAO Management: Dedicated bots on platforms like Telegram and Discord handle technical queries related to DAO projects.
Social Influencers: Chatbots and image generators create virtual companions for fans and subscribers.
What sets GaiaNet apart?
Now you’re probably wondering what makes GaiaNet any different from it’s competitors.
GaiaNet distinguishes itself through its emphasis on privacy, decentralized structure, resistance to censorship, and comprehensive features for users and developers alike.
Gaianet also raised over $10M in seed funding led by @BytetradeLab and @Mirana Ventures.
Key advisors to the project currently include Lex Sokolin from Generative Ventures and Brian Johnson from Republic Capital.
Their recent partnership with @UCBerkeley and @BytetradeLab marks a significant milestone.
As one of the world's top 10 universities, UC Berkeley brings immense expertise through its Vive Center, aiming to actively contribute to the progress of decentralized AI.
https://twitter.com/Gaianet_AI/status/1775539889502875679
GaiaNet beats competitors like IoNet, Aethir Cloud, and Bittensor by empowering individuals to monetize personalized AI agents through decentralized Inferencing.
Unlike others, GaiaNet fosters a community for collaborative AI development.
It's serving as a precursor for the application of decentralized AI across diverse sectors
GaiaNet's "Ask GaiaNet Anything" campaign has already attracted over 20k users interacting with AI agents on Twitter, Discord, and Telegram in just 14 days.
https://x.com/Gaianet_AI/status/1791745472052502928
Why now?
GaiaNet meets the rising demand for decentralized alternatives to centralized LLMs from tech giants.
With AI DePIN and decentralized protocols maturing, GaiaNet can thrive in this interoperable ecosystem.
It offers a more user-centric, scalable, and reliable solution.
In a world where Generative AI is growing exponentially, GaiaNet stands out.
With privacy-focused, collaborative, and user-friendly AI solutions, this project is leading the charge
Join the revolution now.
