Decentralized blockchain platforms are now aiming to revolutionize the development of artificial intelligence. Training a machine learning model can come with a hefty bill, as evidenced by the $50 million it cost Stability.AI to use the 4,000 Nvidia graphics processing units (GPUs) running in Amazon Web Service’s cloud. This cost increase has created a bottleneck in the AI development process, and could push smaller firms and startups out of the race. It could also lead to monopolization of the development of AI, stifling competition, collaboration, transparency, and any input from academia.
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