Replying to Avatar Nunya Bidness

Data Vending Machine.

Essentially, it creates a marketplace for AI agents (think chatgpt, midjourney and a host of others) to compete for your Satoshis to complete a job.

For instance, Let's say I want to get a piece of AI generated art but I don't want to buy a subscription to Midjourney. I can use a DVM to ask another entity that does have a subscription to do it for me and pay just for that one job.

Further, if more than one entity with access to Midjourney sees that job they can 'decide' if it's worth its while to do it thereby setting up a "fee competition" between entities. I might have 4 entities that will do the job and I can select the cheapest one.

There is so much more but this is essentially what a DVM is. It's all very new and can be wonky but as we get better at figuring this stuff out it'll get easier.

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Ungovernable 2y ago

Wow! That's pretty awesome. I bet 99,999999% of the world population don't know that there are people working on this kind of stuff!

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