According to BlockBeats news, on September 28, the CEO of Theta Labs, the parent company of the decentralized video network Theta Network, expressed his opinion that AI’s demand for resources is endless. It consumes huge amounts of electricity and data, using an estimated 460 terawatt hours (TWh) in 2022 and expected to increase significantly to between 620 and 1050 TWh by 2026. However, what AI craves most is computing power: the processing power to support training complex models, analyzing massive data sets, and performing large-scale inference.
Smartphones and tablets represent a vast, largely untapped resource of global computing power. With 1.21 billion devices expected to be shipped in 2024 alone, the true potential of the idle computing power of these devices is difficult to estimate.
Blockchain is very suitable for this distributed AI ecosystem. Its decentralized nature fits seamlessly with the goal of harnessing the idle computing power of millions of devices around the world. By leveraging blockchain technology, we can create a secure, transparent, and incentivized framework for sharing computing resources.
The future of AI innovation lies not in building bigger data centers but in harnessing the power that already exists in pockets and homes. By shifting the focus to edge computing, a more inclusive, efficient, and innovative AI ecosystem can be born. This decentralized approach not only democratizes AI, but also aligns with global sustainable development goals, ensuring that the benefits of AI are not only enjoyed by a privileged few.
