A naukri.com initiative
Mit
1d
201
Image Credit: Mit
Vana is letting users own a piece of the AI models trained on their data
- In February 2024, Reddit made a $60 million deal with Google, allowing the search giant to use data from the platform to train AI models without involving Reddit users in the discussions.
- Vana, a decentralized platform originating from MIT, aims to empower users by granting them ownership over their data and its utilization in training AI models.
- Users on Vana can upload and control the usage of their data, contributing to the training of AI models and receiving proportional ownership in return.
- By leveraging a little-known law enabling data export from major tech platforms, Vana allows users to store their data in encrypted wallets and distribute it for model training.
- Vana's approach involves creating data DAOs, decentralized autonomous organizations, to pool and utilize data while maintaining user privacy and ownership of the resulting models.
- Through collaborations and user-contributed data from platforms like Reddit and X, Vana has facilitated the development of diverse AI applications and personalized models.
- The platform has attracted over 1 million users, established more than 20 live data DAOs, and has potential for various applications in personalized medicine and consumer services.
- Vana's user-owned data pools address the challenge of data monopolies held by tech giants, allowing for the collective creation of valuable datasets for AI advancements.
- By granting users control over AI models and encouraging collaboration, Vana aims to democratize AI technology and ensure shared benefits from technological advancements.
Read Full Article
12 Likes
For uninterrupted reading, download the app