Cardano Founder Shares AI Projects Insight

Cardano’s founder, Charles Hoskinson, has shared his insights regarding the trajectory of AI technology following Grok’s transition towards a fully open-source model.

The Cardano founder posted on X and predicted that there would be a time when nearly all AI projects will be open-source models, resulting in a transformative phase characterized by cognitive agents. According to him, this shift will profoundly reshape conventional business methods and individual utilization of AI tools.

Grok going full open source today, llama 3 coming out soon, and Apple adding such a rich contribution to the open knowledge of AI https://t.co/uk5EEJ5pDi are going to change the landscape of LLMs. By the end of the year, we'll have highly optimized fully open-source models that…

— Charles Hoskinson (@IOHK_Charles) March 18, 2024

Hoskinson On Grok’s Open-Source Transition

Furthermore, Hoskinson highlighted significant shifts within the tech ecosystem, noting that there are still more transformative changes ahead. The Cardano founder cites Grok’s transition towards a fully open-source model as a mark of collaboration and ease of accessibility within the industry.

Additionally, he noted that Meta Platforms’ imminent release of Llama 3 further underlines the dynamism of AI technological advancements. Furthermore, Hoskinson acknowledged that Apple’s support for open source in artificial intelligence indicates a broader trend toward democratizing cutting-edge technologies.

These developments, he suggested, would not only reshape the landscape of Large Language Models (LLMs) but also hold profound implications for various sectors. Hoskinson forecasted the emergence of highly optimized, fully open-source models that perform custom operations.

Future AI Advancements

Hoskinson’s predictions are based on three recent developments in the AI landscape. The first is the transition of Grok, a generative AI chatbot pioneered by xAI, into a fully open-source platform.

This transition is a crucial step towards making AI technology accessible for all. The next is the upcoming debut of Llama 3, Meta Platforms’ latest iteration of a large language model.

Set for release in July, this innovation aims to redefine AI capabilities, particularly in comprehending and generating human-like text, pushing the boundaries of what AI can achieve. Moreover, Apple’s acquisition of DarwinAI, a startup specializing in generative AI, signals its strategic entry into the Generative AI domain.

The tech giant could embed advanced AI functionalities into iOS 18, a significant stride towards integrating AI capabilities into consumer devices. Unlike existing AI models reliant on cloud computing, these future models could execute locally on devices. Despite his optimism about AI, Hoskinson hasn’t shied away from disclosing the risks of AI for fraud.