AI Power Wars | Emad Mostaque
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 8 April 2024
⏱️ 79 minutes
🧾️ Download transcript
Summary
Today on the show, we have the founder of Stability AI, Emad Mostaque.
Emad recently left his company citing “You can’t beat centralized AI with more centralized AI” and decided to venture into the frontier of decentralized AI.
We touch on the economical consequences of AI, why it needs to be open-source and distributed and the role of Crypto in decentralizing AI.
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku
------
TIMESTAMPS
0:00 Intro
5:26 Navigating AI & Web3
10:52 AI Governance
18:03 Decentralizing AI
26:54 Balancing Coordination
33:52 Decentralized AI Infrastructure
40:10 Emad’s Projects
48:40 Decentralization Trade-Offs
58:53 Governance Structure
1:02:50 AI Regulation
1:06:36 Custom AI Models
1:12:21 AI Economical Consequences
1:17:11 AI x Crypto
1:20:47 Closing Thoughts
------
RESOURCES
Emad Mostaque
https://twitter.com/EMostaque
------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets.
See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Web3 has grown up a lot. |
| 0:02.0 | There are actually primitives now that are emerging. |
| 0:03.7 | There could be a substrate for collective decentralized |
| 0:07.2 | distributed AI by the people, for the people. |
| 0:10.0 | Whereas on the centralized thing, again, |
| 0:11.6 | it's a different paradigm, which is the all-powerful |
| 0:13.6 | AGI. My thing is, you can't beat centralized AI with another centralized organization. |
| 0:17.9 | I think what we should build for an AGI, this generalized intelligence, is the human collective intelligence, |
| 0:24.3 | something that uplifts us all and acts like a swarm. The alternative picture |
| 0:28.7 | being presented here by Deep Mind Open and others is the machine god. Welcome to Bankless where we explore the frontier of Internet money and Internet finance. And today on Bankless we explore the frontier of internet money and internet finance. |
| 0:43.0 | And today on Bankless, we explore the frontier of decentralized AI. |
| 0:47.0 | Emad Mossack, the founder and former CEO of Seability AI, is on the show today. |
| 0:53.0 | Emad recently left stability AI citing, |
| 0:55.4 | you can't beat centralized AI |
| 0:57.1 | with more centralized AI, |
| 0:59.0 | and announced his intention to work |
| 1:00.8 | in the nebulous field of decentralized AI. |
| 1:03.4 | Decentralize AI, what exactly is that? |
| 1:06.4 | Why does EMAD want to put an AI model |
| 1:08.6 | into the hands of every individual with a compute power |
| 1:11.7 | to run it? Is there a race between centralized AI versus |
| 1:15.4 | decentralized AI or do they each bring something to the table? Why are the interests of |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.