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30:10

Economic Primitives in DeAI

New FoundationJul 22, 2024

How can DeAI provide value, monetise, and tokenise decentralized intelligence? Sofiane Delloue (Newfoundation), Michal Benedykcinski (Arca), Karan Sihota (Mira.ai) , Oak (Valory/Olas) The video discusses economic models and business strategies in the AI and crypto sectors. Panelists share their personal journeys into the AI space, highlighting the value of decentralized systems, trustlessness, and the potential for broader distribution of ownership and wealth. They explore how AI can shape society and emphasize the importance of open-source infrastructure in this context. The conversation then shifts to business models that are currently succeeding or failing in this naspective field. The speakers note a significant investment focus on infrastructure, with concerns about capital wastage on less authentic projects. Examples include decentralized compute as a major investment area, while consumer applications are still developing. The panel also addresses how funds from AI services can be reinvested into the economy to create new services. Finally, they observe that revenue in AI is concentrated at the application layer or in compute resources, with other areas yet to be monetized effectively.