Illia Polosukhin on NEAR’s answer to Big Tech AI
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About this video
NEAR co-founder Illia Polosukhin on When Shift Happens with Kevin Follonier.
Illia explains why NEAR is working on AI: if one company “dominates the consumer interface with AI, they will also centralise money underneath themselves.”
He calls it “an existential threat to Web3.”
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Transcript
82 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:02
If open AAI, Google, entropic and a few other companies become the interface through which billions of people understand the world, isn't that potentially more powerful than owning the world's banks. So it is and that that is why we as near are working on AI stuff because I actually think if one especially one of the companies dominates the consumer interface with AI they will also centralize money underneath themselves. And so I think this is a existential threat to web3.