Crypto

Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'

Web3 industry leaders have come together to establish the Decentralized AI Society (DAIS), a non-profit organization with a mission to address concerns about the potential monopolization of the Artificial Intelligence (AI) industry. Michael Casey, the chair of DAIS, shared details about the organization in an interview with CoinDesk during Token 2049.

With the rapid advancements in AI technology, there is a growing fear that a few large corporations could dominate the industry, stifling competition and innovation. DAIS aims to promote decentralization and ensure that AI remains open and accessible to all, rather than controlled by a select few.

Casey emphasized the importance of collaborative efforts within the industry to prevent monopolization and safeguard the future of AI. By bringing together experts, developers, and enthusiasts, DAIS hopes to create a more inclusive and diverse AI ecosystem that benefits society as a whole.

The launch of DAIS marks a significant milestone in the ongoing dialogue about the ethical and responsible development of AI. As the industry continues to evolve, organizations like DAIS play a crucial role in shaping the future of AI in a way that is transparent, fair, and equitable for all stakeholders.

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As the Decentralized AI Society gains momentum, it is poised to become a leading voice in advocating for a more decentralized and inclusive AI industry. By raising awareness and fostering collaboration, DAIS aims to build a brighter and more accessible future for AI technology.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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