3 posts tagged with "Artificial Intelligence"

The Future of Personal AI​

For many years, artificial intelligence primarily piqued the interest of academic researchers and enthusiasts within niche technological sectors such as robotics. Although respected, AI presented little practical application for the average person. That changed in June 2020 with the debut of a Large Language Model (LLM) called GPT-3. GPT-3 inspired organizations and individuals to use AI to accelerate their workflows, from coding and blogging to planning itineraries. Today, the potential of AI is so immense that Simon Westh Henriksen, the CTO of Kin, believes personal AI will be one of the most valuable digital assets we own in the future.

"Our current credit system says, 'Saddle yourself, so we can give you more to saddle.'" Eric Lapin, President of FormFree, stated during a recent TBD live stream. His comment sheds light on a fundamental paradox of the U.S. credit system: it often requires you to accumulate debt as a prerequisite for obtaining loans, leading to more debt. This systemic issue is underscored by recent data from the Federal Reserve Bank of New York, which reveals that 1 in 5 applicants for mortgages, car loans, or other types of loans were rejected — the highest rate in five years. This trend disproportionately impacts Black and Latino applicants. Guided by their slogan, 'Democratizing lending for all people without bias,' FormFree developed a platform built with Web5 and AI to address these issues.

"What can you actually build with Web5?" This is one of the most common questions I've heard as I enter my two-month mark at TBD. It's one thing to discuss the theoretical aspects of Web5, with its focus on decentralization and user empowerment, but it's another to see tangible, innovative applications come to life. This is why builders, visionaries, and project maintainers at TBD are excited to showcase Netonomy, a Web5 project built by Anthony DeMattos.