AI will NOT Make ICP Successful
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- Опубликовано: 26 сен 2024
- Many people think Artificial Intelligence is the key to winning the blockchain war but it is not. In this episode, I explain the three elements that make a protocol successful. I also provide the reasons why only these three elements will result in market success. All I ask is that you misfit consider my words seriously.
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I don’t disagree with your thesis. However here’s something to think about: VCs, tech companies, name brand companies and even Dfinity have access to data and metrics that the average person does not. Hence, the estimated Ai trillion dollar market has been forecasted. Furthermore, the blockchain that captures the Ai utility will have enormous value when considering how much money will flow into this space. Ai on blockchain solves a major problem and fulfills a need when it comes to cybersecurity and transparency. Therefore, Bobby’s thesis is a solid one when looking at Ai utility as a whole.
It will definitely help to burn cycles. I think Dom is aware of the hype ( i seem to remember seeing him mention the hype specifically in a video ). Dfinity’s biggest goal is to encourage large compute to happen on chain to burn more cycles to increase the profitability of the network. It therefore makes sense that they have been improving data processing features like f64 operations and increase in canister heap memory. A.I. Is just the largest compute task around at the moment so if your chain can support ML operations then your chain can support encoding large videos etc
I could be wrong. But I don't think you're disagreeing with BobbyO. You're agreeing with him. I agree that developer friendliness is one of the keys to ICP adoption. My understanding is that AI will help in this regard. AI will be able to write code for applications widely used by the ordinary person today. AI will be able to write code for your CityXcape app so that you don't have to, freeing up time for you to study more the target audience of the app. So that you can improve the app so that it better serves that target audience. Maybe my understanding of AI is wrong. Anyway, I like your work and respect the way you went about expressing your opinion. We need more of this kind of civility.
AI cant write apps. There are too many grey areas when building applications but it can help speed up productivity of skilled software developers depending on the task
@@osagie6862 I would tend to agree with you. We'll just have to wait and see to what degree there is human involvement in the creation of apps when AI is used. When Dfinity says "Upon verbal instructions, AI can create and update secure custom running applications, not just write code" what level of human involvement are they talking about. I do believe, as you say, AI will play a significant role in expediting the process.
This Thursday we'll see what the big announcement will be. Dominic has said repeatedly that people will be able to say something like "When Bitcoin reaches $100,000 sell half and buy Ethereum" and AI will make the trade for them. I think this is the feature of ICP that he will talk about. Although I could be wrong.
First and agree! AI is a database not a living thinking entity…yet 🙂. ICP and XRP, the train rails are the gold. Peace
Why XRP though?
They never made any technological advancements, despite being early in crypto
Pier to pier transfer utility and a back door handshake with global banks. Look for the rails and how axelar will be able to cross chain seamlessly. Peace
When AI can write Motoko code for you via prompt based dapp development...when that advances and average (non-coders) are launching dapps on ICP. If that happens then I see AI being the determinant factor.
I agree this is it! I’m waiting to try this, whenever this will be possible. Used a template based web service before. Just want to host a pretty basic webpage. Portfolio images and text in a simple grid system then some project links etc. At least to start with. Fully on chain 👌
Some excellent comments here, I think CityXcape brings about the most astute of the ICP community. I think BobbyO and James are both right, not sure which carries the most weight.
Its true that AI isn’t going to be the determining factor. However, the technology required to compute on the scale not only required by AI but other intensive tasks related to data and format encoding is now possible by the changes they made. For example supporting 64 bit floating points are important to linear algebra operations required in ML but they’re also important in a lot of areas. Most blockchains do not support floats and this is in essence a further DX improvement. So yeah, A.I. Isn’t the be all and end all but getting to the point at which you can crunch a lot of data ( compute ) over a long period of time is the important bit that everyone misses and by unlocking this feature for one area we do so for many other areas. I personally view the ability to do A.I. on chain as the ability to now compute anything on chain. This was not possible prior. By demonstrating you can produce or run inference on a model on chain you by defacto also prove you can compute nearly all other areas of heavy compute
Think youve missed the mark on this one imo. AI is not the key to winning but its definitely one of the major key factors (along with being 100% on-chain, eliminating cyber security and DID's. Most do not have a comprehensive understanding of what “AI" can actually do in this space. Its much bigger than most think, coding for one will be partially replaced by AI sooner than you think
Can AI autonomously build and code you an app? Let’s say no for now. Can AI assist someone who has an idea for an app but has no coding experience? Yes. Similar to prompting an AI to further refine a written paper, users will be able to tell the AI what kind of app to build, define and refine the features of the app. The code already exists. Imo AI can write code better than it can write a paper.
I’ve tested that…. Not true. I’ve had ChatGPT write a bunch of different code, it made errors
Ive used most of the LLM’s as code assistants, i ended up removing every single one because they routinely screw up basic stuff. Its not thinking, it’s probabilistically guessing what word or token should come next. Maybe these LLM’s will get better, but until then ill use it as a learning tool to explore topics and that’s about it. Btw - Software engineer for over a decade and I’ve built CNNs and LLMs from scratch.
@@cxc My hunch is during Dominic's fireside chat @ token2049 he will announce that ICP can do exactly this.
@@cxc My hunch is during Dominic's fireside chat @ token 2049, he will
announce that ICP has the capability to perform such tasks.
The key component is "you think"
AI is happening at an accelerating rate. Currently 64 bit ICP is orders of magnitude ahead of any other use of blockchain. Huge AI apps will be able to fit in a single canister that will need potentially require 10’s to 1,000’s of GB. Of course this same expanded 64 bit ability will also enable lots of other large enterprise types of applications to easily be deployed on ICP.
I feel like AI will be woven into everything in the world and ICP in one way or another eventually. AI not running on the blockchain is Scary!
Wow had to stop the car to text...if I didn't get it wrong ICP's AI will allow even the average Joe that has an "idea"to develop DApps just by talking (instructing)to it, thus, the idea will be coming from a human for a human and the tech will facilitate the process a lot.
@@marcoz7302 On BobbyO X account (formerly twitter) he posted a graphic on Sept 6th 2024 with the Internet Computer caption that says "Upon verbal instructions, AI can create and update secure custom running web applications, not just write code". Now, if Dfinity aren't able to do this and are just making it up that would mean the end of the project. They must have developed this capability and gone through several trials.
@@oloacit's coming
The problem is not AI...the problem is ICP...need people to come in on ICP and i hope your app will help to move people to ICP....which is the very best.
I recently saw a video from Coin Bureau discussing that one of the reasons Aptos and SUI have grown so quickly is due to the ease of use of the MOVE language. I was also looking at the JUNO tools that might make it easier for developers to access ICP resources using their preferred language. Developer involvement is going to be as key as any narrative.
well explained james
Internet Security (SEC) should be the name
Good thought provoking video.
I agree that diversity and people-friendly devs are needed for ICP’s success
But ICP also needs to be the leading blockchain for the number one narrative in the space, which is AI.
I also tend to think it’s shortsighted to think there are limitations to AI as it’s still such a nascent technology.
What could be possible in a few years is probably unfathomable to the average Joe’s mind
well you forget that ICP is not AI only and the philosophy behind is much bigger than that. It’s Web3 and it does have lots of projects. Imagine ethereum 7 years ago. That’s how young ICP is.
I thonk you are partially right on AI is somewhat hype. But i think AI will reach reach the same level of human intellect. With vision, hearing, and vast data it will have access to it will be able to solve human peoblems even its himan assistance.
I dunno man I think having that secure AI could be a game changer for ICP.
Shouldn’t overestimate it sure but by the same token it shouldn’t be underestimated.
Also to be clear it is a race to have the dominant winner so the clock is indeed ticking. Getting the ICP name in the public eye would be quite beneficial
Thank you.
How does Ai make a blockchain more useful. I see how Ai is beneficial in drug discovery and problem solving etc
Do you think the lack of developer friendliness is the reason why cardano is lagging behind?
I've learned a lot about cryptocurrency advancements and want to get involved. I'm hoping to find a good mentor.
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Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.
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AI will need more computing power than anyone has, it does not matter how many servers you throw together for computation, it can only compute broken pieces for tasking and can't do a large enough scale for any breakthroughs beyond human capabilities. Mesh server computing has its limits but would help leap it forward, only one company is actually working on this as far as I know and believe it or not its a gaming company. I don't fear AI but I do fear AI in bad actors hands.... you could do anything and everyone would have to some counter sercurity AI that is not on chain. Hence why AI on chain and humans profiles and data on chain would be safer than the current situation. I have many ideas and I am considering to write some DAPPs with ICP in the future. I think for know you have the right idea, we are years away from AI being anything truely innovative.
Don't lose sight of the innovations here.
AI isn't going away and there are trillions to be invested into it therefore AI combined with the technical advantages of a Blockchain that can run it ... its an innovation that only ICP can pull off. Seems exciting to me
So what’s the best Ai project on ICP, because Elna Ai was the first project to launch correct me if I’m wrong, but then tokens on the NNS rebranded to Ai or they launched later. I just want to invest in the most legitimate Ai token that has a solid dev team and token that will takeoff.
Hernandez Carol Anderson Sandra Martinez Sharon
You don't know
Your thesis loses
Value once you see ethereum being on the market for almost a decade and they just achieved “product market
Fit” (in the niche industry of web3) with defi.
ICP needs to focus on infrastructure and make it technically possible for everyone to build whatever they want, just like a traditional cloud environment. Thousands of useless projects is not better that just a single one that gets traction, so If AI will be that one then we must focus on that, again providing infrastructure that’s all
Dfinity is working on, they are not developing their own SNS focused on AI, just adapting the ICP software!