# Doug Petkanics, Illia Polosukhin, Niraj Pant & Joyce Yang I Pragma Denver 2024

- Speakers: [Illia Polosukhin](https://streameth.org/speakers/illia-polosukhin), [Doug Petkanics](https://streameth.org/speakers/doug-petkanics)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2024-10-09
- Duration: 46:18
- Topics: crypto AI, open source intelligence, decentralized AI, Livepeer, NEAR Protocol, Ritual, Joyce Yang, Pragma Denver, Generative AI, AI governance, AI infrastructure, decentralized compute, ML 101, web3 applications, open model training, AI marketplaces, crypto incentives, model bias, smart contract UX, data curation, creator economy, regulatory risk, AI privacy, AI integrity, decentralized LLMs, blockchain GPU, AI content monetization, crypto onboarding, AI crypto panel
- Watch: https://streameth.org/watch/yt-H0qZqvQUdi8
- YouTube: https://www.youtube.com/watch?v=H0qZqvQUdi8

## Description

At Pragma Denver 2024, Joyce Yang (Global Coin Research) moderates a visionary panel with Doug Petkanics (Livepeer), Illia Polosukhin (NEAR Protocol), and Niraj Pant (Ritual) discussing the convergence of crypto and AI, open-source intelligence, and decentralized infrastructure.

The discussion spans practical use cases like using GPUs from Livepeer for generative video, building decentralized LLMs, creating AI marketplaces, and redefining incentives for open-source development. They examine where the crypto x AI stack lags behind Big Tech, the regulatory hurdles affecting innovation, and how decentralized models can protect open data, improve governance, and unlock new creator economies.

This is a must-watch for anyone building at the intersection of Web3 and artificial intelligence, interested in decentralized compute, open model development, or exploring the future of AI-enabled crypto apps.

00:00 Intro to open-source intelligence and crypto
00:37 Panelist intros: NEAR, Ritual, Livepeer, GCR
03:20 Why crypto is essential for AI’s future
05:18 AI model bias, training data, and global payments
07:05 Trustless AI execution and model governance
08:12 Using GPUs for generative video on Livepeer
10:39 Decentralized infra vs centralized AI platforms
12:23 Creating open-source AI development incentives
13:35 Bootstrapping global compute via cryptoeconomics
14:46 Permissionless payments and model monetization
15:52 Crypto’s strengths in privacy, governance, and UX
17:29 Hiring AI talent and learning ML 101
19:12 How to attract open-source AI builders
20:50 Creators using AI and NFTs for media production
22:37 Empowering non-coders with AI tools
23:43 Need for scarcity, identity, and markets in GenAI
24:13 Using AI to bridge mainstream users into crypto
25:17 Natural language interfaces for smart contracts
26:53 Hidden crypto layers powering consumer experiences
27:58 Why users might choose decentralized AI
29:43 Crypto-native characters and tokenized identities
30:50 What drives adoption: new value, not decentralization
32:15 Bull markets and their impact on crypto AI growth
33:53 Market cycles and developer momentum
35:02 Regulatory risk, lobbying, and open-source defense
38:19 Historical parallels to cryptography regulation
40:05 Export rules, data center KYC, and global strategy
42:21 Advice for AI x crypto builders and founders
44:08 Where crypto uniquely enables GenAI use cases
45:41 Open data sets, registries, and creator economies
46:11 Closing applause and final thoughts

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🇺🇸 *Pragma Denver*
Pragma Denver 2024 took place at The Arch in Denver on February 28, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Watch the full Pragma Denver playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4lJw0vruQ4prh8iMDUk89i&si=ayJ64Sgcqew1fdFk

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. 

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✅ *Follow Doug Petkanics*
X: https://x.com/petkanics

✅ *Follow Livepeer*
X: https://x.com/Livepeer

✅ *Follow Illia Polosukhin*
X: https://x.com/ilblackdragon

✅ *Follow NEAR*
X: https://x.com/NEARProtocol

✅ *Follow Ritual*
X: https://x.com/ritualnet

✅ *Follow Global Coin Research*
X: https://x.com/Globalcoinrsrch

✅ *Follow ETHGlobal*
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

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