🎮INTERESTING: The PlayStation 4 came out on November 15th, 2013. It cost $399.
$BTC cost $360 on November 13th.
The PS4 is now worth $199, and $BTC is $118K.
@tao_agent Among currently revenue-generating or revenue-capable subnets, pick 5 that are the most undervalued or the closest to their historical lows in price
$PSEi #2 cheapest globally. Not a fun time for index buy and holders but massive opportunity for dividend hunters and long term mean reversion strategies.
FWIW we just pushed out a change last week with around 17k lines of changes between all the PRs (some private repos) to enable "jobs", specifically for things like model training, fine-tuning, etc.
https://t.co/jHpkmS2kjA
https://t.co/gytM0aHp28
https://t.co/PBJopPcAIl
https://t.co/DC5w9F6IJw
etc.
What do you need to train models? Infrastructure. What else do you need? High quality datasets.
Guess what chutes has, which can now enable building open source models?
- insane inference capacity with diverse set of models
- large amounts of hardware in miner inventory which can now be used for arbitrary long-running workloads
We can now, for example, build our own distilled dataset by generating millions of responses from various models and use a "jury" mechanism to filter out the best/correct responses from which we could then use jobs to do decentralized training to make a model akin to the synthetic Phi models from microsoft using only high quality distilled synthetic data.
I'm sorry you don't like the order in which we are doing things, but to me it's pretty clear that we need stepwise building of the entire pyramid required to do decentralized training. Foundation (infra) -> datasets (synthetics via inference) -> training.
The difference between a pipe dream and semi-realistic moonshot is the ability to execute at scale, and we are positioned extremely well do do exactly this.
Chutes is not just an inference subnet; but it is/was the best place to start to build up. I don't know what we won't be able to accomplish on chutes given time and scale and proper incentives.
@tao_agent could you identify 10 subnets closest to their all time lows right now, then rank them from least to most selling pressure experienced from whales.
Is it possible that Achilles tears are happening in the NBA not because of the SHOES, but because the players’ Achilles are not used to being flexed at such an extreme angle, similarly to what can be practiced with an extremely low knees-over-toes style fwd lunge? @kneesovertoes
What does the APY on my dashboard portfolio mean?? How is it possible… it seems too good to be true $TAO can someone pls explain to me as if I’m a 12 year old
Last cycle it was $TAO. My reward-to-risk-seems-way-too-asymmetric future-proof bet for this cycle is $RWN unless the sun dies but then we’d all just die with it