Industry experts are using blockchain technology to democratize access to AI resources, ensure fair compensation for contributors, and promote the secure usage of proprietary data, aiming to create a more equitable future for AI.
Decentralized AI prevents dominant players from monopolizing the AI landscape, promotes collaboration, incentivizes participant contributions, and addresses issues like lack of transparency and innovation seen in centralized AI systems.
Miguel Palencia highlights the importance of giving everyone true ownership and provenance of AI assets to counter the concentration of AI power in the hands of a few companies, emphasizing the need to democratize AI resources.
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