SenseTime CEO Xu Li predicts a significant shift in AI commercialization from a 'token economy' to a 'task economy' as token prices decline. He states that future value will lie in users paying for complex, completed tasks rather than raw computing usage, expanding the market tenfold beyond programmers to the masses.
India's AI strategy of building applications on foreign foundational models is challenged by US export controls. Experts urge sovereign AI development due to reliance on foreign tech and lack of domestic computing power and deep-tech investment.
Former Tencent AI lead Liu Cenyu believes China's AI industry lacks "paradigm" breakthroughs, often copying US or DeepSeek models. He cites the gap in real-world usefulness despite narrowing benchmark scores, contrasting with US advancements like Anthropic's Mythos model.
Liu, former Tencent AI chief, left the company in late 2024, citing a lack of "paradigm" innovations in China's AI industry. He believes Chinese companies are copying US models, hindering progress in large language models (LLMs) despite benchmark score improvements.
Tether’s second reserve asset is intelligence Tether’s QVAC project begins with an unusual phrase for a stablecoin company. The company describes “QVAC Psy” as a family of foundational models “rooted in the principles of Psychohistory.” The reference to psychohistory belongs to Isaac Asimov’s Foundation universe, where Hari Seldon uses mathematics, statistics, and social dynamics to […] The post Tether launches decentralized local AI using Isaac Asimov’s Psychohistory straight out of Foundation appeared first on CryptoSlate.
