
newsOct 1, 20241:20:17pending
Could Bittensor End Up Being the Only Crypto/AI Project That Matters? - Ep. 712
About this episode
AI and crypto are two of the hottest topics of the decade, but are there any projects truly making waves at the intersection of both? Bittensor, an open-source, decentralized AI network, is positioning itself as a leader in this space, with its TAO token seeing explosive growth and its model challenging traditional centralized AI companies.
In this episode, we’re joined by Joseph Jacks, aka JJ, founder of OSS Capital, and Sami Kassab, partner at OSS Capital, to explore why they’ve gone all-in on Bittensor. They discuss how Bittensor works, what makes it different from centralized AI models, and why they believe this project could be transformative for both crypto and AI.
Show highlights:
OSS Capital’s background and how they got to invest in Bittensor
Why Sami and JJ are bullish on TAO
What the three roles in the Bittensor ecosystem are
How new subnets incentivize miners to develop AI models
Why it’s so expensive to launch a subnet
Why Bittensor was built on the Polkadot SDK
The pros and cons of rolling out EVM compatibility
What Allora and Commune AI are focused on within the ecosystem
How Bittensor can compete with the big AI companies
The dangers AI poses to humanity and whether Bittensor can mitigate them
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Thank you to our sponsors!
Polkadot
Mantle
Guests:
Joseph Jacks, Founder and General Partner of OSS Capital
Sami Kassab, Partner at OSS Capital
Links
Previous coverage of Unchained on Crypto/AI:
Erik Voorhees' New Venture: Why AI Desperately Needs Privacy and Uncensorability
When AI and Blockchain Meet, How Can Each Technology Benefit?
The Chopping Block: Why AI Will Change the Course of History in Crypto
Learn more:
A Beginner's Guide to AI Tokens
5 Use Cases of AI in Blockchain
Bittensor:
Bittensor’s website
The game theory of TAO
Nous Research leaving Bittensor
Seth Bloomberg’s tweet on “Bittensor’s Network Effects”
Cost of building a subnet
Commune.ai
Allora Network
Timestamps:
00:00 Intro
02:39 Background of OSS Capital and investing in Bittensor
19:06 Why Sami and JJ are bullish on TAO
24:51 The three roles in the Bittensor ecosystem
35:00 How subnets incentivize AI model development
47:50 Why launching a subnet is expensive
50:12 Bittensor’s foundation on the Polkadot SDK
53:00 Pros and cons of EVM compatibility
1:03:03 Focus areas for Allora and Communi
1:06:48 How Bittensor competes with big AI companies
1:09:19 JJ’s take on AI dangers and Bittensor’s role
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