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THE PROTOCOL: The Significance of User-Owned AI and NEAR Protocol's Emphasis on Practical Applications

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 8 July 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

NEAR’s co-founder Illia Polosukhin shares the need to shift from corporate-owned AI to models that benefit individuals and communities.  Follow the show here for more. This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Illia Polosukhin, co-founder of NEAR Protocol. Polosukhin discusses the intersection of AI and blockchain technology, explaining how NEAR Protocol began as an AI project and evolved into a blockchain platform to address issues related to compensating collaborators. Takeaways NEAR Protocol started as an AI project and transitioned into a blockchain platform to address the challenge of paying collaborators. User-owned AI is crucial to ensure that AI models and systems benefit individuals and communities, rather than just corporations. Data availability is a fundamental component of blockchain technology, ensuring that all transactions are accessible and can be used to reconstruct the state of the blockchain. Chain abstraction allows users to interact with multiple blockchain networks without needing to understand the underlying technology or worry about transaction fees. NEAR Protocol is focused on solving real problems and finding use cases that drive the adoption of blockchain and AI technology. Chapters |  00:00 Introduction and Background of Ilya Polosukhin 05:20 The Disruptive Potential of AI 08:35 User-Owned AI 22:17 Chain Abstraction 26:15 Solving Real Problems with NEAR Protocol - Sign Up for THE PROTOCOL NEWSLETTER  EPISODE LINKS |   NEAR  Enter the Black Dragon: NEAR Co-Founder Joins the NEAR Foundation as CEO  - The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last. 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

I think blockchain is kind of already here. I think, you know, we can keep talking about,

0:04.7

like, hey, we should, you know, we should have mass adoption, et cetera. But like the reality is

0:07.7

blockchain is here. The technology is here. You know, we have not just near, obviously,

0:12.9

there's few other platforms that are easy to onboard, easy to use at scale, but actually

0:17.7

starting to get integrated. And so it's less now about kind of innovation and technology, although there's obviously

0:24.6

still work to do, but it's more around kind of just adopting, kind of figuring out regulatory

0:30.4

side and actually getting it linked up with the rest of the kind of our traditional system.

0:49.2

Okay. up with the rest of the kind of our traditional system. Hello and welcome to the protocol podcast. I'm Brad Count here with my co-hosts Margo

0:53.8

Nykirk and Sam Kessler.

0:55.4

We're excited to dive into today's show with the latest news and developments in technology behind crypto and blockchains.

1:02.7

First, please do not forget to subscribe to our weekly newsletter, The Protocol on CoinDesk.com.

1:08.1

And let's dive right into it.

1:10.3

We've got Ilya Polsukin, co-founder of Nearex.com. And let's dive right into it. We've got Ilya Posukin, co-founder of Near Protocol,

1:14.9

and he is also an AI expert.

1:20.2

Previously worked at Google, right, Ilya?

1:22.8

Yeah, thanks for inviting.

1:24.0

Great to be here.

1:25.1

Let's get right into our first question here.

1:27.1

I was watching a presentation

1:31.1

where you talked about when you started near and I believe you were working on an AI project

1:37.1

and you were having a hard time staying collaborators. Is that right? And so you decided to start a blockchain to try to figure out

1:48.0

how to solve that problem? I'm curious is, are you doing that? Yeah, so yeah, the background

...

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