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FIRST MOVER: How Venice.ai Differentiates Itself From ChatGPT Through Privacy

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 9 June 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

Venice.ai founder and CEO Erik Voorhees joins the company's Chief Operating Officer Teana Baker-Taylor to discuss the significance of user privacy in AI systems. To get the show every day, follow the podcast here. Venice.ai founder and CEO Erik Voorhees joins the company's Chief Operating Officer Teana Baker-Taylor live at Consensus 2024 to discuss the significance of user privacy, non-censorship, and open-source models in artificial intelligence (AI) systems. - This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

We're coming to you from the Coin Desk podcast studio presented by BitGo.

0:03.9

Founded in 2013 with the first institutional grade Bitcoin wallet.

0:07.9

BitGo is the gold standard in custody, staking, and settlement.

0:11.2

Today, BitGo supports over 800 coins and processes 20% of all Bitcoin transactions by value.

0:17.3

Check them out at Bitgo.com.

0:19.8

Hey there.

0:20.1

It's Sam Ewan from CoinDesk. oh, back here with Leah Colin Butler, and some amazing guests,

0:25.6

both Tina and Eric Voorhees from Venice AI.

0:29.6

We're so excited to learn about this new project that you guys have.

0:32.6

So first, I would love one of you just to tell us, what is Venice, why did you decide

0:36.6

that this needs to exist in the world?

0:38.8

And also, how does it relate to the blockchain industry in relation to other AI projects

0:43.7

that often are trying to not have transparency and openness in their systems?

0:49.3

Yeah, well, Venice is a AI chat app, like a chat GPT.

0:55.0

You can do text, image code with it.

0:59.0

The main difference is that it does not spy on you, so it's private.

1:03.0

All the things that you say aren't being warehoused by a centralized company,

1:08.0

and it is not censoring the answers that you get back. So it is private, it is

1:13.1

permissionless, it uses open source models, and that's the main distinguishing factor.

1:21.7

Was there, I guess, what was wrong that you guys were seeing with the existing AI, you know, the llamas of the world and the chatch EBTs and what Google's doing, that made you decide this was something that needed to exist in the world?

1:39.1

I personally don't want all of my conversations with an AI to be stored forever by a central party to be offered up to the government as soon as they ask for it.

1:49.0

Anyone who doesn't have a problem with that might not find Venice that interesting, but anyone who cares about privacy, not just for today, but like over the entire lifetime that they're using these things, we're offering

...

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