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Home»Web 3»The ‘eBay’ of AI training data (and why the world needs it)
Web 3

The ‘eBay’ of AI training data (and why the world needs it)

2024-01-24No Comments2 Mins Read
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TL; DR

Full story

Your mother was right: there is something like too much internet.

(And each person’s tolerance is different).

Some people may spend most of their waking hours online, and in the worst casetheir taste in memes will strangely become niche…while others disappear almost immediately when confronted with the constant ‘firehose’ of information on the internet.

Like Chevy’s 8th grade science teacher who became convinced that England was not a real place but actually a set on a Hollywood sound stage.

(True story. Shout out to Mr. Kertser).

It turns out that ‘finding the right balance on the Internet’ is not just a human problem.

ChatGPT has been trained in almost all the knowledge that can be found on the Internet, and as a result it has become a bit weird.

Sure, it gets a lot of things right… but it can also get a bit ‘Kertser-ish’, and terribly wrong answers, of steadfast to trust.

The solution:

Create purpose-built AI chatbots from smaller, cleaner, and more targeted data sets.

…the only problem is that there isn’t exactly an ‘eBay for AI training data’.

(At least, that’s what we thought).

Turns out the team behind the Bagel Network just secured $3.1 million in pre-seed funding to grow their “decentralized blockchain-powered marketplace for machine learning datasets” (aka: “the eBay of AI training data”).

What’s really important here is that it is decentralized.

Because ‘access to intelligence’ is a vector of control.

We have seen individuals/companies/countries amass insane wealth and power by organizing a bunch of smart people and leveraging their knowledge.

See also  Solana, XRP and one Ethereum rival lead institutional inflows in 2023: CoinShares data

And AI not only provides ‘access to intelligence’, but also ‘access to’ super intelligence.’

(Something that could cause massive inequality if left in the hands of a few).

And while a decentralized network of clean and polished data doesn’t completely solve the problem, it does do help level the playing field:

  • The more people have access to various training data →

  • The more people can compete in AI/machine learning →

  • The less control given to tech giants and nation states by default…

Nice!

Source link

Data eBay Training World
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