Podcast notes – Emad Mostaque (Stability AI and Stable Diffusion) – Elad Gil: Short form videos coming “within 2 years at high resolution quality”; “Run Stable Diffusion on your iPhone by next year”

(started notes around 20min in)

Bad guys have AI – they’ll create deep fakes
Community can come together to have counter measures

Elad: similar arguments to regulate cryptography in 90s

4chan has been “red teaming” trying to get the worst out of Stable Diffusion – and it’s not that bad

Especially for LLMs, should have more diverse data sets, have inter-governmental agency to monitor it

Have authenticity tool to verify source of every generated AI output

Generative AI – what are some use cases that should exist
Ali v Tyson live, Lebron v Michael Jordan
Emad wants to remake final season of Game of Thrones

Anyone can create their own models – any person, company, or culture

You need better data, more structured data
Extend models to run on edge – eg, anyone’s computers, iPhones
Make small customized models
“Run Stable Diffusion on your iPhone by next year”

Create national models and communities around them – let them leap frog ahead

Lots of emerging markets went from nothing to mobile phones, now can go to AI models on the edge

How far from short-form videos?
Phenaki, Google — getting close
Chaining these models together – they’re like parts of the brain
“Within 2 years at high resolution quality”

$100B into this sector in next 5 years

AI before today was qualified data science
Now it’s a new type of AI – not AGI yet, but incredibly small and powerful
By the time his daughter’s in university, doesn’t need to write essays

He aims (for Stable Diffusion) to be a layer 1 standardized infrastructure – create Schelling point
Mission is to “activate humanity’s potential”
Take it to India, Indonesia – give it to very smart young people to make their countries better

When AGI comes, I hope it thanks him for buying so many GPUs to help bring it into being

Many of Google’s “jobs to be done” will be displaced

Crypto is interesting – he’s in it since 2012 – focused on decentralized identity, zero knowledge proofs
“Nature of crypto is literally identity”
In a world of infinite content (AI), crypto identity is important
Need to be careful designing crypto economic systems

A year ago, if he said what they planned to do with SD, people would say he’s crazy
Surprised by how far they’ve come, the ability of others to contribute
The activation energy has been the most surprising – “they’re just excited”

“Probably see biggest breakthrough from a 16 year old in Uzbekistan” – the global open access nature of it

Will completely disrupt social networks – will move intelligence from the core to the edge
Apple is doing this – moving to AI – moving to edge

Opportunity to have personalized AIs that work for us and with us

SD is applying for B corp status – mission based
Plan to spin SD into different Foundations

Did investment round in August – didn’t give up any independence – did with investors that are open sourced and mission aligned

Which industries disrupted first?
-Call centers
-Powerpoint, forms of visual communication
-Artist won’t be that disrupted – will enable new forms of art

This tech is amazingly powerful

After releasing Stable Diffusion – people encoded it in Japanese – lots of use cases like this

So far governments have been very friendly

AI powered teaching – like Neal Stephenson’s Young Lady’s Primer

Moving forward, only release safe for work models

Licensing discussions should be more open

Will have models across all sorts of languages – recently released Korean model

Chainalysis crypto adoption report – Europe as leading hub + Emerging markets growth

Full report here.

Everything below is copied verbatim with exception of //

// emerging markets 👀

Many emerging markets face significant currency devaluation, driving residents to buy cryptocurrency on P2P platforms in order to preserve their savings. Others in these areas use cryptocurrency to carry out international transactions, either for individual remittances or for commercial use cases, such as purchasing goods to import and sell.

DeFi adoption, on the other hand, has primarily been powered by experienced cryptocurrency traders and investors looking for new sources of alpha in innovative new platforms.

Simply put, more Americans are devoting a higher share of their purchasing power to cryptocurrency than in nearly every other country.

DeFi whales turned Central, Northern, and Western Europe into the world’s biggest cryptocurrency economy

// this surprised me – Europe as a major hub for crypto (perhaps due to America’s unclear and changing regulatory environment )

“Investing in equities in India is a long, painful process that requires you to sign lots of documents. It takes about three to four days. Investing in crypto takes less than an hour.” John estimates that there are 4x as many cryptocurrency investors in India as there are equity investors. […] But that’s just the high end of the market. On the lower end, John mentioned that many in India’s large freelance economy — mostly those doing technology-related work for employers abroad — have started to request being paid in cryptocurrency, due to both convenience and interest in the asset.

// I notice this in Vietnam as well – though it’s primarily stablecoins