NEAR Protocol: Innovating User-Owned AI with Artificial Intelligence Engineering

NEAR Protocol, a leading layer-1 blockchain platform, is taking a bold step towards building user-owned AI. As part of their impressive 3-6 month roadmap, NEAR has announced plans to hire artificial intelligence (AI) engineers. This strategic move is aimed at positioning NEAR at the forefront of the intersection between AI and blockchain.

The company’s co-founder, Illia Polosukhin, revealed this exciting development during a virtual town hall meeting with NEAR core employees. With Polosukhin’s extensive background as an artificial intelligence researcher and software engineer, he brings significant expertise to the table. Co-building the transformative ‘Transformer’ architecture, Polosukhin has powered generative AI systems like ChatGPT.

NEAR’s dedication to openness and decentralization is further reinforced by its decision to make AI open source. NEAR firmly believes that its unique not-for-profit and decentralized nature enables them to democratize AI access. In traditional for-profit companies, revenue incentives often take precedence over open ecosystems. However, NEAR’s token economy ensures that value creation remains focused on an open and permissionless environment.

To drive the development and ease of use of NEAR’s core vision, AI will play a crucial role. NEAR’s visionary “chain abstraction” narrative has been gaining traction in recent months. This approach aims to simplify the user experience in the crypto industry by addressing the complexities of a multichain environment. By leveraging AI capabilities, NEAR intends to accelerate the growth of its ecosystem and enhance user interaction.

NEAR will leverage near.ai to surface valuable AI information. Although specific details are yet to be disclosed, the company has promised an exciting external announcement in May. This announcement is expected to shed more light on NEAR’s AI plans and its potential impact on the blockchain landscape.

In conclusion, NEAR Protocol’s dedication to user-owned AI sets a new standard in the blockchain industry. By hiring AI engineers and leveraging emerging technologies, NEAR aims to revolutionize the way AI is accessed and utilized. As the company continues on its ambitious roadmap, the future looks promising for both NEAR and the broader AI community.

Sources:

  • CoinDesk
  • FAQ (Frequently Asked Questions)

    1. What is NEAR Protocol’s roadmap for building user-owned AI?

    NEAR Protocol has outlined a 3-6 month roadmap to build user-owned AI. As part of this plan, the company intends to hire artificial intelligence (AI) engineers and establish AI workstreams.

    2. Who presented the roadmap during NEAR’s virtual town hall meeting?

    NEAR co-founder Illia Polosukhin presented the roadmap during a virtual town hall meeting with NEAR core employees.

    3. How does NEAR plan to make AI open source?

    NEAR believes that its not-for-profit and decentralized nature uniquely positions it to make AI open source. Unlike for-profit companies, NEAR’s token economy ensures value creation within an open and permissionless ecosystem.

    4. What is the significance of NEAR’s “chain abstraction” narrative?

    NEAR’s “chain abstraction” narrative aims to simplify the user experience in the crypto industry by addressing the complexities of a multichain environment. It seeks to improve the development and ease of use of NEAR’s core vision.

    5. When will NEAR make an external announcement regarding AI?

    NEAR plans to make an external announcement in May, providing more information about its AI initiatives. The announcement is expected to offer insights into NEAR’s AI plans and its potential impact on the blockchain landscape.

    The blockchain industry is continuously evolving, and NEAR Protocol is making strides in the intersection of artificial intelligence (AI) and blockchain. With their 3-6 month roadmap, NEAR has announced plans to hire AI engineers, positioning themselves at the forefront of user-owned AI. This strategic move showcases NEAR’s dedication to openness and decentralization.

    NEAR’s co-founder, Illia Polosukhin, brings his extensive expertise as an AI researcher and software engineer to the table. Polosukhin has co-built the transformative ‘Transformer’ architecture, powering generative AI systems like ChatGPT. This background positions NEAR to leverage AI capabilities and drive the development of their core vision.

    One of NEAR’s key objectives is to democratize AI access through their unique not-for-profit and decentralized nature. By making AI open source, NEAR aims to foster an open and permissionless environment, ensuring that value creation remains the focus rather than revenue incentives. This approach differentiates NEAR from traditional for-profit companies that may prioritize closed ecosystems.

    NEAR’s visionary “chain abstraction” narrative has gained traction in recent months. This narrative aims to simplify the user experience in the crypto industry by addressing the complexities of a multichain environment. By leveraging AI capabilities, NEAR intends to accelerate the growth of its ecosystem and enhance user interaction.

    To further support their AI initiatives, NEAR will be leveraging near.ai, a platform to surface valuable AI information. Although specific details are yet to be disclosed, NEAR has teased an exciting external announcement in May. This announcement is expected to provide more insights into NEAR’s AI plans and their potential impact on the blockchain landscape.

    In conclusion, NEAR Protocol’s dedication to user-owned AI sets a new standard in the blockchain industry. By hiring AI engineers and leveraging emerging technologies, NEAR aims to revolutionize the accessibility and utilization of AI. As the company continues on its ambitious roadmap, the future looks promising for NEAR and the broader AI community.

    The source of the article is from the blog klikeri.rs

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