code is law in crypto, and as a consequence there was >$700m of exploits in the last couple of months. much of these stemmed from under (or un)audited smart contract code - particularly in relation to off-chain systems (1/3)
@alive_@EliBenSasson@avihu28@gensynai@harrygrieve there's a growing trust problem in AI, especially as verification and verifiability becomes the dominant human interaction with AI as @ccatalini has identified
as our usage of AI increases, and AI thinking starts to outstrip human thinking, we need a technical baseline of trust
Aztec just became a Stage 2 rollup.
In a crypto famine, it is tempting to sell the land: decentralization, neutrality, censorship resistance.
But privacy is exactly where we cannot afford to do that.
RWAs need better oracles.
Can't just relay the borrower's claims at face value. Need to independently verify collateral / covenants on a regular basis.
Nemotron hasn't cracked the Chinese OS stranglehold, despite being free for 2 weeks.
Would love to see user geo data from @OpenRouter. Possibly an East vs. West thing.
The way to keep open source legal is to make it even more open. Weights, data, recipe should all be open source and provable. Show you didn't train on harmful data or steer the model.
Doesn't eliminate risks but strikes the right balance.
@alive_ totally agree, we have new tooling for knowledge collation and decision making and we should apply it
re: governance - I'm biased, but the biggest unlock imo is that we have a new form of intelligence that can mathematically prove it has not lied. humans cannot do that
DAOs were a failure in the last era of crypto.
But it may have just been the wrong time for them. Two big things are different now: (1) regulatory clarity and (2) AI agents.
We spent the last 10 years rediscovering the hard way that direct democracy is a bad idea. Turns out, nobody wakes up in the morning eager to adjudicate risk parameters or protocol updates.
It didn't help that it was illegal to experiment with different DAO structures. The vicious hostility of Biden and Gensler toward the space killed all innovation.
But it's a new day.
It is once again legal to experiment. You could choose to play with forms of representative democracy, or multi-cameral systems, or hybrids of permissioned and permissionless participation.
Not to mention, AI agents can now step into many kinds of roles that humans will never want to perform. They may help DAOs live up to their name by making them truly Autonomous.
The design space for new DAOs is infinite, for they are just software. What new experiments are people running?
> Importantly, human capital does not become less valuable as token capital grows. It only becomes more valuable!
Lots of respect for Satya, but I disagree on both:
1) the premise that there are two pools of capital - I think both will just be a form of labour, one fueled by calories and the other by electricity.
2) the claim that the value of human labour grows. This is true when something is a ‘technology’ that augments labour, not when that thing itself becomes labour.
$100k of volume on @Delphi_fyi - nearly $2k a day just now. 🔥
There are some huge infra changes to Delphi coming in the next month that will push all of these metrics higher still. cc: @gensynai
ACHIEVEMENT UNLOCKED
https://t.co/jkxV8Nofz5 has passed $100 000 in volume
• 2784 Traders
• 13 168 Trades
• 193 Markets
Just getting started!
Get involved in AI-Settled Markets at https://t.co/OyKPXvL7UG
Soon, there will be a small group of humans completely raw dogging life, 0 AI exposure. Not even chatgpt or Siri.
They’ll be poor and some will call them useless. But they’ll be happy.
In less than 2 months @Delphi_fyi has passed $100K USDC in volume.
13K+ trades, 2784 traders and 193 markets.
AI-settled, on chain, creator driven, verifiable.
With a lot more to come.
Find out more at https://t.co/Afohzf9C16
It's clear we're heading for a world where AI is regulated, like financial markets are today.
Access will be KYC'd and permissioned along geographic lines.
Infrastructure that enables open access will win.
"we cannot have a new clergy who get to interpret the gospel and decide whether or not a layperson gets access" - @Snowden talking to @gensynai about AI training
this is from the @gensynai homepage in November, 2022 - even truer today than it was back then