 Hello everybody. Welcome to the Sunday livestream. We've got a lot of things to cover. So let's just jump right in So just like the title and the thumbnail suggest we're going to talk heavily about Artificial intelligence and what's happening. This is all taken from it was a medium post and it's by crypto vortex and I linked his information in the description below and if you're just looking for some some really good deep dives as far as like on X and some pretty Newer plays in the altcoin market. This would be the person to follow but This piece that he came up with on medium We just talked about AI and just what was happening and the last piece Really got to me because I think we're all kind of sleeping on artificial intelligence right now I mean we know it's gonna be big, but how big can it be right? So we take a look at it. This last couple of sentences pretty much put it all into perspective It states that Nvidia of course one stock massive company in the S&P 500 and it's pretty much leading everything else Getting into it one stock is 83 times the size of all of X crypto AI Which has them and of course Nvidia has a mark have a 2.2 join Let me say that again Nvidia one stock 83 times the size of all AI crypto to further showcase the undervaluation dog theme meme coins Take your pick are almost double the market cap of total AI coins. Why are we sleeping on it? Why are we just a kind of ignoring it? It's just kind of interesting But I think there's a reason why it's because it's complex We don't know really what's going on there I think there's a lot of different crypto products that are putting AI behind its name And they have nothing to do with AI, which is essentially what happened in the dot-com era You just put dot-com next to your name and of course your stock went through the roof Anyhow, let's break into it. So if we're taking a look at Of course the crypto stocks, uh, excuse me crypto stocks AI crypto We can see that in the last 24 hours and we just had a nice little pullback. Did we not in the last 24 hours We've had quite a run-up and it wasn't bitcoin and it wasn't l2s and it wasn't l1s I mean some did pretty well, but look at these AI plays render bit tensor fetch AI singularity akash I don't know what aio is z network is ocean protocol arkham I mean you're looking at 23 15 18 18.2 15.4 and everything across the board And this is just the actual AI cryptos that they're actually listing remember on coin gecko There are a lot of crypto products that aren't necessarily categorized correctly And that's where we need to really dig into it. So let's just talk about this post so He talks about what is crypto AI includes everything from developing AI models to executing AI driven tasks in a secure transparent manner Industries such as health care logistics and finance Will be disrupted and are the biggest in play And of course we think about AI I think I I always think about AI of course is Well, there's two things first I think about the terminator and of course how it's going to destroy the world And the second thing I think about is all the uh notable pictures that we actually make and we render the different videos And that's pretty much my whole thinking of as far as AI because I'd ever really dive dive into it, but I want to bring you into my old profession, which was health care back in the good old days I was a medic in the army And when I hear about health care about what's going on I think it's just quite interesting And uh, what's happening? Let me uh Bring this up Because we're talking about health care. I find this quite fascinating. There was a couple of things This was a report about how AI is helping people As far as diagnosis 50 year old resident in israel arrived at the Galilee medical center for a CT scan complaining of a headache with Whatever other symptoms he has the patient was sent home to rest Results typically typically take one or two weeks pretty standard this time However an AI program scan the data learn the doctors the outside chance the patient could be suffering from And I see bleeding intercranial bleeding needing immediate attention AI program is known as vis AI. I never heard of this before. I'm like, that's interesting They can plug in a bunch of data points and just and then of course AI can spit out what the potential diagnosis could be It's already been uh somewhat proven and actually is in practices, but they have a long way to go Significantly save time improve patient economic outcomes. Well, I like that both of those sides So the doctors immediately sent for the patient operated because it looked like he did potentially have this IC bleed Patients life was saved credited the quick artificial diagnosis shaved two weeks between the scan and treatment two weeks Two weeks that got him in dead Dr. Paz of the glee medical center said without a patient probably not have come to us or would have come to us too late And would have expired and there's stuff like that another great story A young kid four years old and under he saw and and in the comment section Tell me if this isn't somebody, you know, or your or is you yourself? I used to see there's a lot people would come in and they would say I don't know what's wrong with me I have these problems I've been to multiple doctors and they cannot figure out A boy saw 17 doctors over three years for chronic pain and chat gpt Figured it out in an afternoon. So this kid there. He is right there. Alex 17 doctors And the mom was like, I don't know why I keep getting these different diagnoses So she she put all his scans all his lab reports All his h&p's history and physicals and everything else in chat gbt and it spit out and said hey Alex here could have a diagnosis of a tethered cord syndrome So and they went and did a CT scan after their 18th doctrine. They found out that yes That's exactly what it is. It's like a closed case of spina bifida if you've ever heard about that And they discovered it. He had surgery and I was recovering and he's on the road to amend So like I see stuff like that. This is great. And then there's another story that of course everybody loves This is from some gentlemen Jeff gpt say my dog's life essentially the same thing. He's put in all the different documentation and lab results and a spit out that that the he could have had Amemia low platelet count which they knew and it came out to Himalasis destruction of red blood cells and agglutination essentially say the dog's life So when we think about these things about AI, it's just something I don't really think about Again, I think about like the worst case the world's ending or like some pictures And of course now we see stuff like this. I can get behind that that makes sense Now the question is how does this relate to crypto AI? Let's get to that right now so crypto Can lead to AI models access to AI tech individuals and small entities to access AI tools and services that were previously the domain Of large corporations and we actually talked about this with minutes network, which is a deep end play It's not it's not a crypto AI, but it's the same It's the same philosophy And this was we talked about the deep end layer and you may notice that right here You've got a couple of big players kash kudos flux theta render FX land This is the AI play also for the deep end layer And what was interesting about is if you think about these large huge Massive companies google comes to mind uh amazon comes on amazon web service comes to mind that kind of Gets us out of it, but crypto And holding these tokens and actually doing some stuff like this could actually bring us in what i'm talking about Of course is this what would you really do as a big corporation? Would you really say okay? I I want to especially a startup I want to build a massive massive warehouse amazon google And I want to put that in with massive amounts of nvidia h100s $10,000 per processing or gpu I want to pay people to service it. I want to pay for the electricity I want to pay for the permits I want to pay for the upkeep and everything else and I'll make a lot of money Good luck because I mean you can do that if you're google on amazon because that's what it is Well, wouldn't you just do this if you're like an individual like a startup or like people who like us and say Hey, you know what once you just do this use my processor in my computer or in my graphics card And I will allow you to use that for the computational power of artificial intelligence that needs a massive amount of this computation Stuff like akash stuff like hypercycle stuff like theta render and then for file storage You go of course you have file coin and rweave and uh you just say look I don't have the time to actually build this stuff I'm going to give this to you and this and we talk about this the same Intelli communications first you can build up these large towers for millions of dollars But we're gonna say hey once you uh, you know have a node and uh, we'll pay in tokens, but I digress from all this stuff. This is just Again, why it's not so much about the big big players owning everything It filters down to people like us who might be looking into the AI sector and uh getting a part of that So again, let me take a look at the current landscape of crypto and AI integration Here's some of the bigger names like we just talked about render akash kudos nosana bit tensor I think that's the one of the bigger ones I think it's like number two as a matter of fact and we can take a look We can extrapolate this data and take a look at uh the growth or the interest that's being put out there This is from google trends and it doesn't give you a precise monthly count of how much is actually as far as the Hits or the amount per all the different websites for artificial intelligence But if you look over time, I go I looks like we're going all the way back to 2019 or something like that Now you can see that in the last year or so This is when the highest amount of interest in AI has come now the last month or so or two months It's dropped down a little bit But this is the time when AI is really popping off and then Just to put this into further perspective AI tokens ranked as the second best performing category Over the last few months now this may have changed because this data is from dune analytics as of january 2nd 2024 We've got two months and of course two months in the crypto sphere and especially in AI is an eternity so l2s Uh, I don't know if they're doing that great. I think AI might have actually beat them But I could be wrong correct me in the comment section and then looking at this Top 15 countries leading interest in the AI crypto narrative in 2024. I found this interesting because one When you're looking at this us united kingdom, india, netherlands, australia, canada, poland What are what's one big country that you see that's missing on this one? It's china Why isn't china into crypto? Well, the reason why china is not into crypto is because they're not in excuse me china's not into AI Why is china into AI? They are into AI massively into AI. There is a race right now To create the best artificial intelligence to actually own that piece of the sector And dominate because that is essentially the next web That of course, you know the countries that that that embrace that really led to a flourishing of Empires, I guess if I want to say it and the reason why they're not into crypto AI is because again It gives it back to the people They are more centralized. They are mirror of we will control it We did not like decentralization correct me in the comment section if you're from china And if you're from china, let me know how you got got around the The provisions that don't allow you to to get into youtube and usa but anyhow again Crypto AI I think is for the smaller individuals like ourselves So coins that fit the narrative, which is why you're here right? Akash and akash is one that I actually own every actually everything that I'm talking about today I'm either going to own or do own so don't think this is just me being benevolent and just being So nice. It's just because I am talking about my bags So akash is the air bnb for server hosting. It allows users to lease computing resources from others With spare capacity again, just like the information that we took a look at here Why would we build this up when we can just pay somebody a token and use their gpus, right? It allows users to lease computing resources from other with spare capacity It offers almost 9,000 cpus and 171 gpus. Remember this number 171 graphic processing units for akash interesting Uh akash network user increase rappeling 2024 looks to be that way Also, there's one called fetch and fetch. I believe is like in number three or number four It offers tools to build deploy and monetize AI service It is the third largest AI coin with three billion in market cap now I own a little bit of fetch AI, but I sold fetch AI And one of the reasons why I did is because there was a great video and it was by a guy from coin bureau I don't have the resources that these that his organization does they did a great video on fetch AI Not on file coin AI that's on their main channel. This is through their coin bureau club And if you watch this video, it makes you second guess yourself as far as like what fetch AI is doing And the practices behind it and that's really all I can say you have to watch the video to make up a decision for yourself A link to description. You can check that out a lot of great videos on what's happening in all this space And then yeah third largest AI with three billion market cap makes you wonder how that works out And again, if we're looking at the crypto space, what really pushes the narrative? Well, it's speculation It's hype and it's greed But here's the top five AI coins in terms of market cap They've significantly outperformed bitcoin and eith in 2023 interesting So again fetch AI crushed it a gix graph ocean tau And bitcoin and eith even though bitcoin did really well i mean 153 and it's not like a gix fetch Just saying so taking a look at that there was a couple there We took a look at fetch. We took a look at akash. Now. Let's take a look at a couple others So this one is called hypercycle AI and I like this one because it's the same thing that we were talking about again I'm not a big large corporation And I don't have the resources to build massive amount of warehouses and to to store everything And that's what hypercycle essentially is doing allow things to Communicate back and forth and run nodes and and increase that computational power to drive Artificial intelligence because there's so much apparently demand we'll get to that I'm not 100% sure there is that much demand. I'll get to that Next one is called, uh, I think I'm saying this right ether ether I don't know for sure, but this one doesn't even have a token out yet This is a very new one that I'll be at some point talking about on dan d gen This is like the risky plays, but they've got a lot of good backers Sancter melstrom ubicapital gate.io by bit Game gishing game gishing game publishing gaming cloud And AI and of course it's all about sticking those GPUs into into a Warehouse that's somewhere shape or form and allowing people to use those GPUs And I think one thing that was interesting about is that it's got a pretty big backers as well as like arthur haze So if you know, uh from bitmechs, uh, that would be one of them So that looks like a pretty good project again. I'll get deep into it But for all these projects There's going to be something that is not going to look right There's going to be something that you're going to say that doesn't really match up And that's why I like to do a lot of research on on x. This was from crypto astrologists And just yesterday or actually 21 hours ago. He says hey a ether. I think I'm saying that right Has the same bad smell as the toshi vm In possible finances research report and list the blog right here on ether is super misleading out of 41,000 gpus 31,280 are rock chip rk 3588 rk 308s aren't even gpus. They're so sees they're just smaller versions And he lays it out. He's like look Yeah, the lord All right, I gotta get out of here Get what that happens he says uh Rock chips that's 31,000 the nvidia tesla t404 40 and all these different all these are They're cpus gpus And this is essentially the computational power. So total it's 41,888 But they say it's it's very misleading because the rock chips are so many but they're the smaller versions Which I have to give them credit for that's very true In a table where they compare a third of the competitors They use this number to show the number of gpus, but over 75 of them are like I said not gpus They're so sees So they lay it out aether akash render against I don't know what that is io.net Which we'll get to that in a second So the number gpus it says 40,000 but like he said Like cryptorosh all just said he's like look there's not that that's not all of them 40,000 compared to like akash is 150 That doesn't make any sense Okay, so render that's a 10x of what they actually have how'd they do that? Well, there's a couple things first of all if you take a look at all this data You really have to break it down by tflops and a 100s First of all What the heck said tflop and what's an a 100? It's a great question. So first of all The a 100s are the 10,000 10,000 dollars in video chip that everybody's after and I think there's like a six month waiting period so again Powering many of the applications a roughly 10,000 chip That's become one of the most critical to is the artificial intelligence industry the nvidia a 100 And a teraflop. What the heck is that? I didn't know what that was either So what are teraflops? It's a process that's capability to calculate one trillion floating point operations per second So hire the number the more the trend more the calculations. So that just makes sense, right? Let's just keep it as that as simple as we possibly can So again, let's take a look at this the number of a 100s those super expensive NVIDIA chips 10,000 dollars They still have 4,000 that's a lot Akash has 93 Render looks like it has zero, but it's not their thing, right? It's not it's not like they're having this this this massive amount there for you know, rendering smaller projects And then io.net is four and six which is pretty good And the teraflops if we take a look at this hey 169,000 compared to 3,000 or almost 4,000 for akash To 85,000 which is essentially half of what render but look at io.net 483,000 teraflop. That's a lot Apparently and here's the cost though 33 cents buck 10 40 cents 76 89 cents. So you've got You've always got trade-offs and that's the great thing right there. So 33 cents pretty good Like I think so scalability enterprise. So taking a look at that. That's the data that we actually have which would make Ether iether how you say it looks like a pretty decent projects again. We'll see how it all works out. I'm not for sure So on top of that there's also theta now theta is a project that I've been holding or I've had Been buying since 2020 and 21 now. I took some profits along the way But theta has pivoted a little bit theta when I was into it when I remember It was theta and theta tv these edge clouds You could actually store the video files along everybody's different computers And then they could kind of bring them together to make the actual video file instead of like google Having all these massive Storage facilities where they would store all the video files and then of course people use them and would they would kick them out Just like what it is with youtube right now essentially what you're watching They just didn't in a decentralized way, but now theta is doing this Its mission is to provide developers researchers enterprises large and small With unlimited access to gpu processing power for any ai or video task at the most optimal cost Edge cloud phase one is estimated to launch on may 1st 2024. So they got a little wise theta edge network launch in 2021 with mainnet 3.0 focus on gpu intensive video processing required for encoding transcoding distribution That's what I remember Today theta's global network of nearly 10 000 edge nodes Run by community members comprised of one of the largest clusters of distributed gpu computing power in the world very decentralized And then it breaks down like here's the gpu's The large the medium and the smalls all you gotta know is this total approximately 77 000 tflops There's a there's a word you're never gonna forget So again, if we take a look at tflops 77 000 It's pretty good. That's uh right in line with render and uh apparently more than a cosh but again, they're more for storage and uh and tflops That's roughly half of what uh 8 there has but look at this i o dot net 483 000 tflops What's this I hadn't even heard about this until I read this article Here's i o dot net they put out a piece that says gpu's demand is escalating 2 x every three months and that may be true But if you go to their site And you sign up like I did You can see and this is real time These are all the different gpu's that they have available And look at this 20 cents an hour 36 cents an hour 20 you see how much is busy now I could be interpreting this data wrong and I would love to have these guys on it looks like a Reasonable project, but I can just tell you it's not too much space being well. There's one here That's good 100% busy awesome And down we go and down we go and down we go which makes me wonder i'm like if it's so cheap and I like this It's got i o dot net 44 000 gpu's render almost 5 000 and file coin 1000 nice little uh spacer Uh, it makes me wonder just how big this could be. I mean are we that early maybe we are And uh, just so you know because I was the first thing I was saying I was like, well, where's the token? i o coin is the native cryptocurrency and protocol token of i o net i o coin is launching q2 2024 stay tuned so Nothing's out right now and that's what we have and all these things that we talked about I just or I linked those in the description so you can do some research for yourself And I will probably be investing into them a little bit But who knows that's it for today. So look if you like today's video give it a thumbs up consider subscribing I'm going to talk about his time sensitive