Decentralized AI: Largest Companies Will Lose the Status of Monopoly | HackerNoon
Briefly

While the first decade of the Internet birthed transformative technologies like blockchain and machine learning, the current landscape remains dominated by centralization, limiting access for ordinary users.
The development of AI models hinges on improving algorithms and expanding datasets, yet only major corporations possess the resources to train these models, leaving smaller players at a disadvantage.
The introduction of decentralized blockchains in 2008 empowered individuals to contribute computing resources for virtual currencies, fostering a new financial system built on mining, decentralization, and encryption.
Decentralization offers unique advantages, particularly in enabling cross-border transactions that are uncensored and accessible, contrasting sharply with traditional centralized systems controlled by a few powerful entities.
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