AI Will Destroy Google & Meta's Ad Model, Nvidia CEO: China Will Win AI Race, Anthropic Beats OpenAI

Captions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.

1. 0:00

   Good morning, Legion. There's new form dropping today for the NEAR Intents BD targeting specialist role. This is a unique opportunity for Legion members to work with the NEAR Foundation to expand the reach of NEAR Intents. To join this program, you must have a relationship or existing experience with another DApp or team outside of the NEAR ecosystem that has not yet integrated NEAR Intents.

2. 0:23

   Note we are not saying chain, but rather DApp. So there's actually quite a lot of opportunity. The form is linked here and asked for a simple overview of your connections and background. From there, if you qualify, we'll add you to a separate telegram group and get you up to speed on deploying as a targeting specialist for NEAR Intents.

3. 0:39

   Don't miss this one! There's quite a lot of upward mobility that comes with the role. First up in our AI stories today, Tim Berners-Lee, the inventor of the web, warned that a reliance on AI agents threatens multibillion dollar revenue of Google and Meta.

4. 0:54

   This, in other words, is the original vision put forward by Illia earlier this year for how the internet world will evolve from being ad driven between consumers to being agent driven between agents. The only question then is what happens to the incumbents? Evolve or die.

5. 1:09

   Our second story today is also from the Financial Times, and it's a bombshell straight from the CEO of Nvidia. Jensen, also known friend Illia, Jensen is finally going on the record saying that he believes that China will win the AI race thanks to lower energy costs and looser regulations.

6. 1:25

   This comes after Jensen has previously warned that the latest American AI models, the so-called frontier models, were not far ahead of their Chinese rivals. The AI race between East and West continues to heat up, and as everyone on this channel knows, that's actually a good thing for NEAR.

7. 1:42

   Last up today, the astonishing rise of Anthropic and LLM API market share. Open AI dominance fell from 50% in late 2023 to 25% by mid 2025. Enterprise level API spend hit 8.4 billion in the first half of this year. Spread now between Anthropic in the lead OpenAI next.

8. 2:02

   Google also growing fast and finally meta. Overall, it's a good time for NEAR when things heat up, because NEAR can benefit from the breakthroughs on all sides and is well positioned for this brave new world of adventure, commerce, as well as the AI arms race.

9. 2:17

   If you're scratching your head and asking how, I would refer you to the Decentralized Confidential Machine Learning whitepaper by Illia and Alex. Stick around, we'll do this all again real soon.