Web3 AI Projects Challenge Web2 Giants with Decentralized and Transparent AI Development
-
Web2 AI companies like Google, Microsoft, and OpenAI are enhancing AI productivity through developing advanced models like GPT-4. But Web3 AI projects are changing how AI is produced through decentralization.
-
Web2 AI giants have the talent, resources, and long operating history to rapidly advance AI capabilities. But they use centralized, opaque processes.
-
Web3 AI projects leverage blockchain for transparency into the entire AI lifecycle - data collection, model training, deployment, etc. This decentralizes and opens AI development.
-
It's hard for Web2 companies to decentralize as they have mature centralized processes and caution around crypto. Web3 companies build around crypto incentives.
-
Many Web3 AI projects focus on changing different parts of the AI production process - data, models, compute, etc. Key ones include SingularityNET, Fetch.ai, Ocean Protocol, Render Network.