Any way to see this panel hit this topic (and related) regularly? Maybe once a month? Things are moving so quickly on these fronts, I'd love to hear this panel regularly to discus different aspects of these topics. Great job all!
This was an absolutely insane conversation deep diving into the convergence of AI and BITCOIN enlightening us on deployed solutions and what's to come.👏🏿
FYI - Nvidia AI GPUs are not the same as crypto GPU models. While GPUs used for crypto mining can work in AI farms with either custom models or slightly adjusted models, they have different specifications compared to GPUs used for AI training. Crypto mining GPUs have tons of hash power but less vRAM, while AI GPUs have abundant vRAM and less hash power. Nvidia is a major player in both AI and gaming, offering higher performance and resolutions for gaming and providing powerful hardware for AI. Nvidia's GPUs are used for deep learning and AI tasks, and they have superior drivers with frequent updates, CUDA, and cuDNN to accelerate computation. Nvidia also announced a new chip designed to run artificial intelligence models, the GH200, which has the same GPU as the H100.
@ARKInvest2015 BTC isn’t Bitcoin. It’s an orthogonal side-chain with a GIANT security hole (SegWit). So BTC isn’t the currency for AI, because hashes on BTC are far too expensive.
😂 I need what he takes. Watch this movie Limitless (2011). They have overclocked the brain 🧠 I respect he is smart don’t get me wrong. Greetings from Romania 🇷🇴 we can follow him we are smart here in Eastern Europe 😅
My notes for future reference: Services allow AI APIs to be placed behind micropayment gates, paying incrementally per API call or compute task. AI agents can hold Bitcoin wallets and keys, enabling them to autonomously pay for resources and services needed to complete tasks. Bitcoin payments remove friction for distributing and monetizing AI services globally. Don't need credit cards or complex signup flows. Open-source AI models combined with micropayments may enable a more decentralized AI compute market, with individuals reselling access to their own fine-tuned models.
ARK needs to research Bittensor/TAO. Bitcoin's monetary policy can be applied as an incentive for competitive LLMs, rather than using GPUs to just solve cryptographic puzzles. Within such a network, AI/intelligence becomes the commodity. The token being a symbol of that resource. I don't see why these two functions need to be separated, except to justify Bitcoin's ongoing existence and to create two separate energy bills.
Such smart people, unbound in their thinking, makes me think differently but realize that the path from lab (POC AI systems) to commercialization and monetization of AI use case-based offerings will be a long one. What will seem to make sense with scale will not in the lab and the lab costs will be very high for startups since $1 of every $6 spent on AI will be infrastructure. $5 will be spent on design, setup, model, data of POC per use case. Infrastructure will include facilities (space/power/cooling/circuits for connectivity and switching), AI software licensing servers/storage (Tier 0 and 3), POC workstations with GPU systems, etc. all using a very huge electric resource of ~40kw per Rack 24x7x365, and people skilled in mgt, design, software development, testing, data, etc. These are huge projects and costs. The time and cost of 'getting in then out of the lab' should not be underestimated prior to accessing a scaled AI service for delivery.
I was always asking myself why the IETF had no plans to implement a distributed ledger technology as native to the internet and part of their protocol families, any idea why?
With FASB Fair Value Accounting rules, Operating Companies will now be able to keep Bitcoin on the Balance Sheet, and allocate into operations for AI pay-to-use costs, without the clip of exchange into USD and credit card limits. And with a Spot Bitcoin ETF, companies will easily be able to pull Bitcoin directly into their Treasuries. Which incidentally, is why Bitcoin derivatives (Futures) wont be able to control or suppress the Bitcoin price (as done with gold), because the pay as you use model will require "real" Bitcoin and not derivatives.
Such is the beauty of Bitcoin. It never asked to exist. It just exists. Nobody "allowed" it to exist, and nobody can just put the genie back in the bottle regardless of fiat-based resources or geopolitical power to attempt such a feat.
The convergence of Bitcoin and AI is creating a new era of productivity and specialization. Agents can now use Bitcoin as a form of payment within AI systems, allowing them to become more autonomous and interact with real-world services. This empowers individuals to become their own startups and offer their specialized skills to a global audience. The barriers to entry have collapsed, and anyone can participate and contribute to the Bitcoin and AI ecosystem. The future of work will involve managing programming agents, leveraging open-source tools, and creating a network of specialized models that can be accessed and paid for using Bitcoin. This convergence will bring increased productivity, a reimagining of traditional work structures, and a more efficient allocation of resources. Developers are encouraged to explore and innovate in this space.
Maybe i like have 4 companies involved in the transaction? It gives me security if something goes wrong. If you pay with bitcoin you can never get it back.
Metering, microtransactions, store of value with sync of encrypted txn logs was pioneered and deployed in early 90's. This became the foundation for trusted computing the hardware key protection for micro payments. Understand trusted computing, wave system Corp. And Rivetz. Putting the tool in place to enable machine money with policy. ...... lightning is awesome but still need to give machines security. It is already built into 2 to 3 billion devices.
Great talk, I loved it! the future is bright :) One suggestion: not all the assistance is native English-speaking, Lalu (I think that's how it's spelt) speaks so fast that it's hard to keep up, if you can speak more slowly I think the rest of the world will thank you ;)
Kathy states risk but also consumer protection and decentralized compliance. That is the role of trusted computing .... consumer protection to reduce risk.
Realy don’t understand why Ark seems to be focusing only on Bitcoin. AI developments on other Blockchain ecosystems are so much further already because of them being easier to develop on top of.
Would be better if it was actually about the whole industry not just a false advertisement for bitcoin. Its like saying all hamburger should be called McDonald's. Dumb approach.
The rot at the root of BTC is private hoarding. Its not a freely floating currency of exchange. If the “currency” of AI it is an essential resource inflated by artificial scarcity. Just like land.
30 minutes into the video. Waste of time. No reasons, stats or arguments ehy bitcoin should be the first choice for AI. There are so many better chains and faster or advanced solutions. Yet another try to spin a story and find a usecase for Bitcoin.
Bitcoin ≠ crypto. Why Bitcoin? Because it’s the only thing leveraging human greed to defend the network. Every other network is vulnerable to human greed. If the project has a known founder it ain’t safe.
![[#2024MAMA] G-DRAGON - 무제(Untitled, 2014)+POWER+HOME SWEET HOME+뱅뱅뱅+FANTASTIC BABY | Mnet 241123 방송](http://i.ytimg.com/vi/Ox29z5Nf1Uk/mqdefault.jpg)
Anyone else watched at half speed when Roasbeef was talking? lol.
Roasbeef speaks so fast I had to rewind and listen again. I don't even understand how someone can think / speak at such speeds.
some nerves i think
Great content. Btw ppl play back at 0.75 speed when Olaoluwa speaks unless you have squirrel ears👌🏼. Thank you!
Hahhaa too true…
He is a robot!!😂😂😂
Wow he is like on 1000x
I had to speed it up. 🐿️
Mr. Saxophone, You need to use less filler words (ie "you know", "like", "right") and slow down.
Hahah was looking for this comment. I thought I had turned up the speed!
or maybe you could stop taking life too seriously....
just a thought an observation
Any way to see this panel hit this topic (and related) regularly? Maybe once a month? Things are moving so quickly on these fronts, I'd love to hear this panel regularly to discus different aspects of these topics.
Great job all!
GREAT IDEA !!!
This was an absolutely insane conversation deep diving into the convergence of AI and BITCOIN enlightening us on deployed solutions and what's to come.👏🏿
Checked my playback speed each time the lightning labs guy was speaking... Great talk!
Thought the guy at 23:00 was speaking fast ▶and then the guy at 24:00 came along ⏩
right？
FYI - Nvidia AI GPUs are not the same as crypto GPU models. While GPUs used for crypto mining can work in AI farms with either custom models or slightly adjusted models, they have different specifications compared to GPUs used for AI training. Crypto mining GPUs have tons of hash power but less vRAM, while AI GPUs have abundant vRAM and less hash power. Nvidia is a major player in both AI and gaming, offering higher performance and resolutions for gaming and providing powerful hardware for AI. Nvidia's GPUs are used for deep learning and AI tasks, and they have superior drivers with frequent updates, CUDA, and cuDNN to accelerate computation. Nvidia also announced a new chip designed to run artificial intelligence models, the GH200, which has the same GPU as the H100.
Roast beef is one of the only dudes on the internet that I can't watch at 2x
@ARKInvest2015 BTC isn’t Bitcoin. It’s an orthogonal side-chain with a GIANT security hole (SegWit).
So BTC isn’t the currency for AI, because hashes on BTC are far too expensive.
Slow down mate. Right.
😂 I thought my playback speed was at 1.25x for a moment
For real hahahah
😂 I need what he takes. Watch this movie Limitless (2011). They have overclocked the brain 🧠 I respect he is smart don’t get me wrong. Greetings from Romania 🇷🇴 we can follow him we are smart here in Eastern Europe 😅
It's the end of the world as we know it, and I feel fine.
The futurism is Bright
Don’t you want a money that gets stronger over time instead of debasing away like the dollar? Learn about bitcoin.
What a great comment!
Best time to buy
@@pat_attack111211112112122212212
My notes for future reference:
Services allow AI APIs to be placed behind micropayment gates, paying incrementally per API call or compute task. AI agents can hold Bitcoin wallets and keys, enabling them to autonomously pay for resources and services needed to complete tasks. Bitcoin payments remove friction for distributing and monetizing AI services globally. Don't need credit cards or complex signup flows. Open-source AI models combined with micropayments may enable a more decentralized AI compute market, with individuals reselling access to their own fine-tuned models.
This is already on the way on the internet computer using Elna and Bitcoin.
ARK needs to research Bittensor/TAO.
Bitcoin's monetary policy can be applied as an incentive for competitive LLMs, rather than using GPUs to just solve cryptographic puzzles.
Within such a network, AI/intelligence becomes the commodity. The token being a symbol of that resource. I don't see why these two functions need to be separated, except to justify Bitcoin's ongoing existence and to create two separate energy bills.
Doesn’t ethereum basically do the same thing or other cryptos for that matter? Doesn’t have to be specifically bitcoin right
Such smart people, unbound in their thinking, makes me think differently but realize that the path from lab (POC AI systems) to commercialization and monetization of AI use case-based offerings will be a long one. What will seem to make sense with scale will not in the lab and the lab costs will be very high for startups since $1 of every $6 spent on AI will be infrastructure. $5 will be spent on design, setup, model, data of POC per use case. Infrastructure will include facilities (space/power/cooling/circuits for connectivity and switching), AI software licensing servers/storage (Tier 0 and 3), POC workstations with GPU systems, etc. all using a very huge electric resource of ~40kw per Rack 24x7x365, and people skilled in mgt, design, software development, testing, data, etc. These are huge projects and costs. The time and cost of 'getting in then out of the lab' should not be underestimated prior to accessing a scaled AI service for delivery.
Why is Laolu on 1.5X speed?
Amazing conversation! it really painted a picture of what is to come
Roas Beef is a robot!! He needs to slow down so I can catch his drift!!😂😂😂
We live in a trust-less world. That’s why this is necessary
A very important conversation was had here, but with the totally wrong technology. Ethereum is the correct technology for all these use cases.
I think they mean blockchain writ large when they throw the B word around
Kathy is bitcoiner to the bone of course they will promote it, but yep ETH and SOL (visa payments) are most focused to payments and they faster
False. They mean Bitcoin. Ethereum is proof of stake and that makes it prone to censorship and manipulation.
wrong, wrong , wrong.... yoi guys need to put in another 1000 hrs of research
Loved it. Can Rousbeef slow down his speaking though? I want to hear every word, but my brain can't keep up with his.
Replit is awesome, thanks Cathie!!
The most important podcast I've heard this year 👍
love your analysis Cathie! bitcoin will dominate the future
Use case is WAY too niche - these are edge use cases and is not a strong value proposition.
I was always asking myself why the IETF had no plans to implement a distributed ledger technology as native to the internet and part of their protocol families, any idea why?
such a tool didn't exist until Bitcoin.
xrp will be the dlt
With FASB Fair Value Accounting rules, Operating Companies will now be able to keep Bitcoin on the Balance Sheet, and allocate into operations for AI pay-to-use costs, without the clip of exchange into USD and credit card limits.
And with a Spot Bitcoin ETF, companies will easily be able to pull Bitcoin directly into their Treasuries.
Which incidentally, is why Bitcoin derivatives (Futures) wont be able to control or suppress the Bitcoin price (as done with gold), because the pay as you use model will require "real" Bitcoin and not derivatives.
Thanks Ark
Roasbeef with 0,75x speed
Amazing seminar, thanks everyone!
Don't think central banks would ever allow bitcoin or any digital currency outside of their control to gain considerable market size
BTC is currently 23rd by market cap when compared to fiat currencies; above Israel and Sweden currencies, for example.
Such is the beauty of Bitcoin. It never asked to exist. It just exists. Nobody "allowed" it to exist, and nobody can just put the genie back in the bottle regardless of fiat-based resources or geopolitical power to attempt such a feat.
It’s already too big for them to stop. If they were gonna stop it, they should have done it in way earlier.
allow??? central banks will bend the knee just like everyone else...
I guess the gentleman that said AI will create more jobs than the printing press, internet etc must be kidding!
He fails to understand AI exponential growth potential!
The convergence of Bitcoin and AI is creating a new era of productivity and specialization. Agents can now use Bitcoin as a form of payment within AI systems, allowing them to become more autonomous and interact with real-world services. This empowers individuals to become their own startups and offer their specialized skills to a global audience. The barriers to entry have collapsed, and anyone can participate and contribute to the Bitcoin and AI ecosystem. The future of work will involve managing programming agents, leveraging open-source tools, and creating a network of specialized models that can be accessed and paid for using Bitcoin. This convergence will bring increased productivity, a reimagining of traditional work structures, and a more efficient allocation of resources. Developers are encouraged to explore and innovate in this space.
Maybe i like have 4 companies involved in the transaction? It gives me security if something goes wrong. If you pay with bitcoin you can never get it back.
thanks 🔥
How does Fed Wire change things?
As a buyer, my credit card number circulating is a risk of fraudulent, unauthorized transactions. A lightning wallet does not have that risk.
Chargebacks as a bug not a feature of the current financial system 🤔
Laolu is so excited about this... you can tell. Good stuff!!
stable excel?
Metering, microtransactions, store of value with sync of encrypted txn logs was pioneered and deployed in early 90's. This became the foundation for trusted computing the hardware key protection for micro payments.
Understand trusted computing, wave system Corp. And Rivetz. Putting the tool in place to enable machine money with policy. ...... lightning is awesome but still need to give machines security. It is already built into 2 to 3 billion devices.
That dude was talking at like 100mph....
great talk. but people said, "right?" 10,389 times.
R-Beef speaks in 2x
This was a fantastic chat.
Just great
Amazing!!!
SPOILER: ¿How will your Lightning Network node pay to a Smart Contract ? ... yep
Ok. Can someone explain me what is the diff of paying with crypto to credit card? Why is crypto more safe ?
Tasha is a great narrator. Very calm and easy to listen to voice.
Loved this video! Looking forward to more videos of this manner 👍
One of the most interesting conversations I've listened to this year, thank you for compiling these guests together, KUDOS !
love love love this session, very insightful..
Very nice ❤
Excellent conversation - thanks!
Great interview! Thank you, team.
doubled checked and I'm not on 1.5x
Why not ETH? It’s more programmable
who ends up paying the taxes on the accrued BTC.
Great education. Please keep on doing it.
Receive payments using Bitcoin? Really? With such high transactional fee? Why not Solana like tokens?
BTC world reserve currency in 2030
Holy frickin cow!!!
I'm other words... why did btc lose to Ethereum.
some questions dont deserve an answer
This is incredible info. Thank you for holding space to showcase guidance on these incredible innovations 🎉
Great talk, I loved it! the future is bright :)
One suggestion: not all the assistance is native English-speaking, Lalu (I think that's how it's spelt) speaks so fast that it's hard to keep up, if you can speak more slowly I think the rest of the world will thank you ;)
Emanuel, remember you can alter the playing speed and you can also ressort to subtitles. Saludos!
African guy speaks with 2.5X speed
can somebody make TLDW please? a summary would be great
no counterparty risk....but the value may depreciate 30% by next day 🤣
Omg he talks so fast!!!! 😂
I just put saxophone guy on 0.75x speed and he sounds great!
That dude talks fast
Keep fighting the good fight Kathy BTC & ETH are the future!!!!
Superb talks!
So bullish on BTC. It's insane.
Kathy states risk but also consumer protection and decentralized compliance. That is the role of trusted computing .... consumer protection to reduce risk.
AI will create its own currency, which will be more robust than any crypto humans can think off.
You think AIs will trust each other enough to agree on a money?
@@pat_attack there will only be a single emergent AI.
@@MostAlpha interesting- I haven’t done enough research on AI to discuss this with you.
This was SO good. Thank you.
The black guy with glasses speaks on x2
Realy don’t understand why Ark seems to be focusing only on Bitcoin.
AI developments on other Blockchain ecosystems are so much further already because of them being easier to develop on top of.
Great minds
Would be better if it was actually about the whole industry not just a false advertisement for bitcoin. Its like saying all hamburger should be called McDonald's. Dumb approach.
Bitcoin ≠ crypto.
I’ve been buying bitcoin when it was.30 cents I now have 89,000 Bitcoin and never sold , just think when it hits $1,000,000 a coin
U have 5 billion of bitcoin? Lmao
All this applies 10x to BSV and AI.
BSV has been delisted and was created by a scammer
👍
when we buy something with crypto there is no buyer protection , with credit cards and Paypal you can get refunded
The rot at the root of BTC is private hoarding. Its not a freely floating currency of exchange. If the “currency” of AI it is an essential resource inflated by artificial scarcity. Just like land.
hard to follow
Great research and podcast~
#voltarebecapoll
AI will break the block
Chain
I must pay AI CPA to save me from AI IRS Auditor
Brown guy talking too fast
Bitcoin, not blockchain.
30 minutes into the video. Waste of time. No reasons, stats or arguments ehy bitcoin should be the first choice for AI. There are so many better chains and faster or advanced solutions. Yet another try to spin a story and find a usecase for Bitcoin.
Yes, like XRP or XLM or a dozen other chains that can do micropayments at L1.
Bitcoin ≠ crypto. Why Bitcoin? Because it’s the only thing leveraging human greed to defend the network. Every other network is vulnerable to human greed. If the project has a known founder it ain’t safe.
Bitcoin is proof of work with no ICO. Unlike 99% of crypto
1:11:14 "convicted"
That's not how that word works. Please speak English.
Algorand is the only quantum secure crypto
Algo is a shitcoin and an unregistered security. Buyer beware.
Such an en-lightning conversation. See what I did there? :P