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The Protocol

The Significance of User-Owned AI and NEAR Protocol's Emphasis on Practical Applications

NEAR’s co-founder Illia Polosukhin shares the need to shift from corporate-owned AI to models that benefit individual...

The Protocol
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This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Illia Polosukhin, co-founder of NEAR Protocol. Polosukhin discusses the intersection of AI and blockchain technology, explaining how NEAR Protocol began as an AI project and evolved into a blockchain platform to address issues related to compensating collaborators.

Takeaways

  • NEAR Protocol started as an AI project and transitioned into a blockchain platform to address the challenge of paying collaborators.
  • User-owned AI is crucial to ensure that AI models and systems benefit individuals and communities, rather than just corporations.
  • Data availability is a fundamental component of blockchain technology, ensuring that all transactions are accessible and can be used to reconstruct the state of the blockchain.
  • Chain abstraction allows users to interact with multiple blockchain networks without needing to understand the underlying technology or worry about transaction fees.
  • NEAR Protocol is focused on solving real problems and finding use cases that drive the adoption of blockchain and AI technology.

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.