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Tether CEO advocates for localized AI models to prevent hacks — TradingView News

July 8, 2024
in Tether
0

Paolo Ardoino, CEO of blockchain platform Tether, claims that only if AI models are localized will people and privacy be protected. 

Ardoino said that locally executable AI models would also ensure the resilience and independence of the models.

Cointelegraph

He pointed to the latest technology available to users, such as smartphones and laptops, saying they contain enough power to “fine tune general large language models (LLMs) with user’s own data, preserving enhancements locally to the device.”

The X post ended with “WIP,” the common acronym for “work in progress.”

Speaking to Cointelegraph, Ardoino said that locally executable AI models represent a “paradigm shift” in user privacy and independence:

“By running directly on the user’s device, be it a smartphone or laptop, these models eliminate the need for third-party servers. This not only ensures that data stays local, enhancing security and privacy, but also allows for offline use.”

He said this allows users to enjoy ”powerful AI-driven experiences and data analysis” while still maintaining complete control over their information.

Tether recently announced its expansion into AI, to which Ardoino said the company is “actively exploring” integration of locally executable models into its AI solutions.

This comes in response to a recent hack experienced by ChatGPT developer OpenAI.

According to reports, in early 2023, a hacker retrieved access to OpenAI’s internal messaging systems. Through this access, they were able to compromise the details of the company’s AI design.

Two sources close to the matter said the hacker stole details from sensitive discussions between OpenAI employees about the company’s technologies.

This news is republished from another source.


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