Imagine AGI/AI is the most powerful intelligence humanity has (and will continue to get better).
Imagine it as a being that is floating around the earth and with enough resources you can point it's gaze at whatever you want.
Businesses are utilizing it for products and services they can charge for. Which is good and useful for many things. They charge for a service, they make revenue, they use the revenue to build the product and fund the AI.
But - What about all of the initiatives that AGI/AI can be pointed at that a business could NOT charge for? What about applications of AGI/AI that are good for humanity but not good for a business?
What drives value for humanity but not businesses?
@yesnoerror is one experiment to fund this kind of idea.
There are millions and millions of research papers in existence. Conclusions in science that humanity has agreed are correct.
But humans make mistakes, and we know that AI can catch these mistakes.
How do we know AI can catch these mistakes? Because it happened recently.
In October 2024 a peer-reviewed study was published stating that black plastic kitchen utensils were toxic and a health risk. People panicked, every publication released articles. People everywhere threw away their utensils.
Turns out there was an error in the paper. A number was multiplied by 10x when it wasn't supposed to.
And guess what? If you give this paper to o1 from @openai and ask it to find an error, it finds it. In 30 seconds. For $0.30.
This experiment is very simple: Use the power of the open market ($YNE) to fund an effort to have AI review past (and future) research papers for errors of many kinds.
There will be errors, with the magnitude of papers that exist it is guaranteed.
What will they be? What will the implications be?
This is an experiment to build an AI that floats around the earth using it's advanced intelligence to check the science of humanity.
It's a simple idea, it's a powerful idea, and its a tangible glimpse into our AI future.
These Solana airdrops are not only a $SOL stimmy but also a statement.
This relentless community has been through hell and back and is still thriving, rewarding those who stuck around and believed.
This type of energy is not one to fade, but only get stronger.
Exciting times.
Your generational entries are generational, taking profit is a cardinal sin at the start of a bull market
I have married my bags, cautiously eying a divorce by late ‘24/‘25
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
Starting to think about if general expectations for a “Solana season” are lower than it should be
Personally, I would hate to be caught offsides or undersized if it does get wild
I’d rather be wrong early than wrong late
Starting to think about if general expectations for a “Solana season” are lower than it should be
Personally, I would hate to be caught offsides or undersized if it does get wild
I’d rather be wrong early than wrong late