Phrase by 'Fred Ehrsam'

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AIs trained on open data are more likely to be neutral and trustworthy instead of biased by the interests of the corporation who created and trained them.

Author: Fred Ehrsam - American Businessman
  More , Who , Data , Open


OpenAI is doing important work by releasing tools which promote AI to be developed in the open. Compute power is largely produced by NVIDIA and Intel and still relatively expensive but openly purchasable. Blockchains may be the key final ingredient by providing massive pools of open training data.

Author: Fred Ehrsam - American Businessman
  Work , Power , Training , AI


Blockchains are digital organisms. As organisms evolve through changes in their DNA, blockchain protocols evolve through changes in their code. And like biological organisms, the most adaptive blockchains will be the ones that survive and thrive.

Author: Fred Ehrsam - American Businessman
  Like , Will , Digital , Survive


Private funding was one of the first methods used when MIT funded Bitcoin core developers Gavin Andresen, Wladimir van der Laan, and Cory Fields in 2015.

Author: Fred Ehrsam - American Businessman
  First , Bitcoin , Core , Fields


Public crowdfunding still suffers from a tragedy of the commons problem. Everyone will want the benefit of the crowdfunded efforts but is incentivized to sit on the sidelines and hope others chip in.

Author: Fred Ehrsam - American Businessman
  Want , Everyone , Hope , Problem


The self-driving car revolution was kicked off by The 'DARPA' Grand Challenge to make an autonomous car traverse 132 mi. of a desert.

Author: Fred Ehrsam - American Businessman
  Car , Challenge , Revolution , Desert


Scaling is multidimensional. Different methods address different things.

Author: Fred Ehrsam - American Businessman
  Things , Different , Different Things


Working on a token is similar to working on a startup: higher risk and lower initial impact but higher upside potential. How core protocol work is best funded beyond the initial Ethereum Foundation endowment is an open question, but likely further out.

Author: Fred Ehrsam - American Businessman
  Work , Best , Risk , Foundation


Not having sub-governance would be like anyone who owns USD being able to walk into a Google shareholder meeting and voting without owning Google stock just because Google shares happen to be denominated in USD.

Author: Fred Ehrsam - American Businessman
  Walk , Voting , Meeting , Just Because


Ethereum may make monetary policy decisions like, 'Let's do 1% inflation to support the ongoing development of the Ethereum protocol.' A token built on Ethereum might want to do the same.

Author: Fred Ehrsam - American Businessman
  Want , Support , Development , Decisions


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