Why Decentralized AI Matters Part I: Economics and Enablers

The emerging field of decentralized artificial intelligence(AI) is becoming one of the most exciting technology trends of the last few months. A lot has been written about the potential value of the intersection of artificial intelligence(AI) and blockchain technologies and we, this year, we have even entire conferences dedicated to the subject of decentralized AI. However, I feel that a lot of the hype behind decentralized AI fails to highlight some of the key value propositions of the new technology movement that can make it one of the most foundational technology trends of this decade. If you believe in the idea that AI is going to become an increasingly influential factor in our daily lives, I believe decentralized AI will be an essential element to guide the impact that machine intelligence will have in future generations. Let's look at some of the economic dynamics behind decentralized AI to try to clarify our point.