Illia Polosukhin: Why Companies Need Private AI | Token2049
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About this video
NEAR co-founder Illia Polosukhin on the panel "The Agent Economy: Why AI Needs Crypto" at Token2049 Singapore.
When NEAR AI launched its private offering last December, "the market wasn't ready".
In the last three or four months, "the page is completely turned". Companies are feeding their data into AI models.
"Anyone who has access to these logs can reconstruct literally the company from it."
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Transcript
96 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:02
So we launched our private offering December last year and kind of when we started like offering and selling it the the market wasn't ready right a lot of people were using frontier models you go to businesses they were like yeah we're fine we're experimenting it's not critical and I think even last 3 4 months effectively the page is completely turned people are like okay well [snorts] I'm actually feeding all of my company data into this AI models and so anyone who has access to this
- 0:34
logs can reconstruct literally the company from