CohortX
AI-as-an-Asset - Unlocking Monetization of AI with Web3 Technology
Last updated
AI-as-an-Asset - Unlocking Monetization of AI with Web3 Technology
Last updated
Abstract
The potential of artificial intelligence (AI) continues to grow, gaining increasing significance and power each year. It's anticipated that AI will soon play a dominant role on the internet. However, the rapid advancement of AI technology is currently limited by the constraints of traditional platforms. These platforms centralize data, restrict access, and often fail to provide fair compensation to content creators.
Presently, AI tools are segmented within closed development environments. Typically, they are created by a single entity to perform a very specific task, and there is no standardized method for integrating different tools. Furthermore, a few corporations hold control over most AI research due to their financial resources. Independent developers of AI tools struggle to monetize their creations, often resorting to selling their innovations to larger tech companies. As a result, the concentration of technological control becomes even more pronounced.
CohortX aims to transform AI training in the entertainment industry by utilizing Web3 technology. The platform ensures secure and transparent data management through blockchain integration, turning conventional content and user datasets into top-notch AI training data. It fosters a collaborative environment for AI developers, content creators, and end-users to share and contribute data resources, guaranteeing varied and high-quality datasets for training AI models tailored to entertainment applications. With tokenized incentives, decentralized governance, and a focus on entertainment, CohortX improves the efficiency and cost-effectiveness of AI model training. This empowers stakeholders to benefit from their contributions and drives innovation in AI technology for the entertainment sector.