Decentralized AI will create the next wave of Silicon Valley unicorns | Opinion – crypto.news

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The rapid growth of decentralized AI is changing the startup landscape; now, more than ever, brilliant minds quietly cook up ideas that could easily hit the billion-dollar mark without cozying up to venture capitalists. They’re rolling up their sleeves, running miners and validators on decentralized AI protocols to generate wealth and develop their tech without needing external investment. 

It’s like being back in the day, watching Uniswap and Ethereum sprout into unicorns right before our eyes. That’s the kind of magic we’re on the brink of again. It’s not just about Silicon Valley giants growing to the size of Amazon or Google anymore. We’re talking about lean, decentralized teams rewriting the playbook on how to build big by raising funds straight from the community.

These teams are the David to the corporate Goliaths, showing us that you don’t need deep pockets to take on the giants. Before, trying to go head-to-head with Google was like bringing a knife to a gunfight. They just bought you out before you could say “disruption.” But with decentralized AI, that old playbook is out the window. You’ve got thousands of developers worldwide building their ideas on the same protocol, and that’s something even Google can’t slap a price tag on.

Google can’t buy Ethereum. That’s the beauty of decentralization. Google might have the cash to snap up a search engine here and there, but it’ll never have the street cred to build a blockchain that can hold a candle to Ethereum, for example. That’s a market share that’s simply out of reach. 

And that’s the same with the new decentralized AI protocols. It’s not about who has the backing of the fanciest VCs or biggest offices anymore. It’s about who’s got the best miners, machine learning models, and GPU power. These new nimble teams are outsmarting the tech titans throwing money at problems without really understanding them.

Blockchain-based decentralized AI operating on a rewards system is at the helm of this disruption. These protocols incentivize impactful contributions to AI development. Take Bittensor, for example; developers worldwide contribute by running machine learning models. These models process data and perform tasks across the network, and in return, miners earn a cryptocurrency called TAO. The more valuable a miner’s contribution, as judged by the network’s consensus mechanism, the more TAO they receive. This creates a self-sustaining ecosystem where everyone has the opportunity to earn based on merit, not initial investment. It’s a system that rewards innovation, efficiency, and collaboration, ensuring that the best ideas don’t just get a fighting chance, but they get a thriving environment to grow.

While governments and big companies are burning cash on tech that looks good on paper but flops in the field, developers working within decentralized AI are using their know-how to build something that actually works without the big bucks. 

That’s the vision behind decentralized AI and blockchain: a world where corporate walls do not constrain expertise and innovation. It’s about giving the underdogs the tools to build smarter. It’s about creating a space where innovation isn’t just for those with the fattest wallets. We’re witnessing something huge, and decentralized AI makes all the difference.

Mark Basa

Mark Basa co-founded a Bitcoin payment gateway between 2011 and 2013, which was supported by Microsoft and the Australian Government incubator programs. He co-founded a web3 game studio backed by Japan’s largest VC and has experience as a layer-1 blockchain brand director.


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