We spoke with Jacob Robert Steeves who is the founder of Bittensor, a project working to bring artificial intelligence to the blockchain space in hopes of decentralizing ownership and control over the technology. This project has been in development for many years and has an already viable ecosystem with operating nodes, validators, and stakers. The incentive mechanism they have incorporated involved the minting and distribution of TAO tokens which is the reward for participants in the ecosystem. The economics of the token follow Bitcoins exactly in its total supply and emission schedule. This is to ensure the network needed to support and grow Bittensor’s machine learning systems can grow to the scale of what Bitcoin has done. If successful the computational power of Bittensor will be 500 times more of what Google’s entire data infrastructure could provide. Jacob Steeves goes in depth about the philosophies that motivated him and his foundational team to work on this initiative and how the future of AI will look.

Links in Video:
Bittensor Twitter:   / opentensor  
Site: https://bittensor.com/
TAO Stats: https://taostats.io/

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00:00:00 - Bittensor Interview
00:01:05 - A.I. Saving Humanity
00:04:07 - Runaway A.I.
00:07:41 - Will humanity be necessary for A.I.
00:15:13 - Uncontrolled A.I.
00:18:45 - Bittensor’s Elevator Pitch
00:22:12 - Minors in Technology
00:26:54 - Minors Specific Task
00:27:14 - Validator’s Validating
00:31:25 - Validator’s Improving Quality
00:33:40 - How to leverage Bittensor?
00:36:53 - Centralized vs. Decentralized
00:39:20 - Nodes and Modals
00:43:17 - Opportunities for Validators
00:46:37 - TAO is Adaptable
00:47:40 - Validator’s Value
00:50:22 - Google and OpenAI
00:53:11 - Computational Power
00:55:59 - Twitter Question #1
00:59:30 - Twitter Question #2
01:01:26 - Twitter Question #3
01:03:55 - Twitter Question #4
01:07:14 - Twitter Question #5
01:10:34 - Twitter Question #60fps

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