Recorded Live at ETH Denver 2024, this conversation explores the intersection of crypto and AI, discussing the need for decentralized AI models and the challenges of achieving this. The participants highlight the importance of keeping AI open and driven by people, rather than organizations. They discuss the potential of blockchain and Web3 technology to enable new business models and address the limitations of centralized AI companies. The conversation also touches on the role of incentives and tokens in driving innovation in the crypto AI space. The discussion concludes with an examination of BitTensor and the potential for future advancements in crypto AI. The conversation explores various themes related to the intersection of crypto and AI. It discusses the value of outside judgment in rating AI systems, the concept of a hive mind, and exciting use cases in the crypto and AI space. The projects AGI Guild and Morpheus are highlighted, along with the decentralized data warehouse Space and Time. The potential of utilizing unused data in DeFi protocols and the decentralized chat GPT platform MyShell.ai are also discussed. Concerns about OpenAI's dominance, the collaboration between Web2 and Web3, and the concept of zero party data are explored. The conversation also touches on the potential of data DAOs and crowdsourcing, the idea of minimum viable centralization, and the inflection point of decentralized AI and compute. Tangible innovation in ZKML and decentralized data, the importance of edge compute, and the need for decentralized inference are further examined. Casey's Twitter Colin Gagich Vassilis Twitter Chapters 00:00 Introduction and Background 01:54 The Need for Crypto and AI 06:29 Challenges of Decentralizing AI 09:18 Building Better Models with Web3 13:31 Innovation and Value in Crypto AI 19:11 BitTensor and the Future of Crypto AI 24:18 The Value of Outside Judgment 25:14 The Concept of a Hive Mind 25:43 Exciting Use Cases at the Intersection of Crypto and AI 26:33 AGI Guild and Morpheus Projects 27:32 Space and Time: Decentralized Data Warehouse 29:26 Utilizing Unused Data in DeFi Protocols 29:53 Decentralized Chat GPT with MyShell.ai 30:48 Concerns about OpenAI's Dominance 34:00 Web2 and Web3 Collaboration 35:11 The Concept of Zero Party Data 37:30 The Potential of Data DAOs and Crowdsourcing 38:06 Minimum Viable Centralization 40:29 The Inflection Point of Decentralized AI and Compute 43:45 Tangible Innovation in ZKML and Decentralized Data 45:35 The Importance of Edge Compute 46:30 The Need for Decentralized Inference Disclosures Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token. Delphi’s transparency page can be viewed ⁠⁠⁠⁠here⁠⁠⁠⁠. --- Send in a voice message: https://podcasters.spotify.com/pod/show/the-delphi-podcast/message