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Cryptocurrency News Articles
Who Is Jacob Robert Steeves? The Co-Founder of Bittensor
Feb 28, 2025 at 07:15 am
Jacob Robert Steeves, based in Peru, is the Co-founder of Bittensor, an open-source protocol supporting a decentralized machine-learning network
Key Takeaways:
* Jacob Robert Steeves, based in Peru, is the Co-founder of Bittensor, an open-source protocol supporting a decentralized machine-learning network built on blockchain technology.
* He is also recognized for his contributions in adaptive computing and artificial intelligence during his time at Knowm Inc., further enhancing his expertise in the field.
* After completing his studies at Simon Fraser University with a Bachelor of Applied Science (BASc) in Mathematics and Computer Science between 2011 and 2015, Steeves continued his journey at Knowm Inc., serving as a Machine Learning Researcher from 2015 to 2016.
* Subsequently, he joined Google as a Software Engineer, working productively from December 2016 to April 2018.
* At Google, he had the opportunity to work on large systems, software development, and decentralized technology, which later influenced his work on Bittensor.
* In 2016, together with a team of passionate innovators, Steeves co-founded Bittensor, a decentralized network that provides accessible machine learning models.
* Unlike traditional AI platforms operated by a few large companies, Bittensor adopts the principles of Bitcoin to keep AI open, transparent, and free from control.
* The network enables developers, researchers, and users to collaborate without relying on a central group, fostering a collective effort to advance AI.
* Through blockchain technology, Bittensor supports a decentralized AI network, inviting individuals to join and contribute to earn rewards for their actions.
* This setup encourages open participation, shared decision-making, and the aggregation of global computing power.
* By applying blockchain rules to the domain of AI, Bittensor creates a system where machine learning models are continuously improved and remain available to all.
* Bittensor operates on TAO, its native cryptocurrency, which incentivizes individuals to contribute to the improvement of AI.
* Developers and node operators, for instance, earn TAO for their code contributions, software development, and providing computing power to the network.
* TAO also allows users to access valuable AI insights, participate in proposals and vote on crucial network decisions, stake their tokens to support the network and secure their role in it, and pay for AI services within the Bittensor ecosystem.
* In an episode of Towards Data Science, machine learning researchers Ala Shaabana and Jacob Steeves discuss the challenges of devising fair metrics for measuring and rewarding AI research.
* Shaabana, a researcher at DeepMind, highlights the difficulty of attributing contributions in collaborative projects, especially when considering projects like GPT-3, which integrate knowledge from the entire web.
* They also touch upon the issue of a few large companies controlling the most powerful AI models, such as PaLM 2 and LLaMA, making it harder for others to innovate due to limited access to high-performance models.
* In contrast, Bittensor is an open-source protocol supporting a decentralized machine-learning network.
* It is being built by a community of developers and researchers who are working together to create a new paradigm for AI, one that is decentralized, accessible, and ultimately more useful for everyone.
* As AI technology continues to advance at an unprecedented pace, the implications for society are vast and varied.
* From automating tasks and improving efficiency to enabling new forms of creativity and self-expression, AI is set to transform many aspects of human life.
* However, as AI systems become increasingly sophisticated, there are also concerns about the potential for misuse or the creation of systems that may not align with human values.
* In particular, the growing dependence on a few large companies for the development and deployment of AI technology raises questions about the long-term sustainability and inclusiveness of the industry.
* In this context, Bittessor offers a unique and promising vision for the future of AI.
* The protocol is designed to be a chain-agnostic modular protocol, capable of integrating with any blockchain and supporting multiple use cases.
* It is also completely open-source, inviting developers and researchers around the world to contribute to its development.
* By combining the principles of blockchain and machine learning, Bittensor aims to create a more decentralized, cooperative, and ultimately beneficial ecosystem for AI.
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