In this episode of Beyond Investment: Valkyrie Insights, host Kenny engages in a captivating conversation with Dr. Hoansoo Lee, Co-Founder of exaBITS, a groundbreaking venture focused on establishing a decentralized computing network for affordable AI at scale. Dr. Lee, with a diverse background in economics, finance, and academia, shares his journey from being a professor of finance to pioneering a solution for the pressing challenge of compute resource scarcity in AI.
The episode delves into the genesis and evolution of exaBITS, exploring its unique approach of optimizing everyday GPUs for AI, distinguishing it from competitors emphasizing trustless verifiability and zero-knowledge proof. Dr. Lee sheds light on the decentralized nature of exaBITS and its potential to enhance AI accessibility and fairness.
Key topics covered include overcoming challenges in exaBITS' development, the pivotal role of blockchain technology in the company's framework, strategies for encouraging user participation, ensuring security and privacy in the network, and the broader impact of exaBITS on sustainability and social improvement.
The conversation extends to the current landscape of AI, the influence of OpenAI, and an insightful analysis of the cryptocurrency market. Dr. Lee provides valuable insights for entrepreneurs and concludes with a quickfire round, offering a closer look at the person behind the innovative strides at exaBITS.
Tune in for an engaging exploration of the intersection between AI and blockchain, unveiling the future envisioned by exaBITS and its role in shaping a more accessible and equitable AI landscape.
00:01 Introduction to Beyond Investment: Valkyrie Insights
01:32 Unveiling the Journey of Hoansoo Lee, Co-founder of exaBITS
02:18 The Genesis and Evolution of exaBITS
03:09 Decentralized AI: The Future of AI Accessibility and Fairness
04:39 Overcoming Challenges in the Development of exaBITS
05:44 The Role of Blockchain Technology in exaBITS
06:39 Encouraging User Participation in the exaBITS Network
07:43 Ensuring Security and Privacy in the exaBITS Network
08:36 The Future of AI and Blockchain Ecosystem with exaBITS
10:52 Impact of OpenAI on the AI Landscape
14:48 The Landscape of Cryptocurrency and Its Impact on exaBITS
20:12 Competitor Landscape of exaBITS
23:17 The Role of exaBITS in Sustainability and Social Improvement
24:43 Quickfire Round: Getting to Know Hoansoo Lee Better
26:58 Closing Remarks and Contact Information
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