The Internet Is Going Into Overdrive Which Is Going To Be Huge For Web 3.0

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Nvidia did a conference where they introduced their latest chip. Jensen Huang, the CEO of the company pointed how the Blackwell line of chips amounts to a 1,000x over the chips 8 years ago.

In this video I discuss how this far eclipses Moore's Law and what this means for crypto. We are going to see a massive opportunity due to AI.


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You're absolutely right on this Taskmaster.. first of all I enjoyed this video. I learned even before the video that technology as we see it will not progress and advance at a steady pace... It actually accelerates exponentially.. people predicted that we would see an advantage robotics and AI would in the next decade but at the moment that time has been cut in half due to how fast the AI chips and technology are accelerating.. this is so good for us and certainly for Web3 . I'm more than ever excited to meet the future. And as you talked about earlier on today we really should focus a lot of effort on the social layer of the chain....

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Moore's Law has been a popular law that has stood strong for a long time. The idea that we are able to disprove it really shows how far technology has come. We are at a point where the things we have are far beyond what they geniuses of the past were able to imagine.

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Summary:

The host discusses the rapid advancements in NVIDIA's chip technology, particularly the upcoming Blackwell series, which is expected to provide a massive increase in computing power and efficiency compared to the current Hopper series. He highlights how NVIDIA's chips are powering the training of neural networks for major tech companies like Meta, Tesla, and OpenAI.

The host explains Moore's Law, an observation that the number of transistors on a chip doubles every two years, leading to exponential growth in computing power. He shows a chart demonstrating how NVIDIA's chips have improved by over 1000x in the past 8 years, while also reducing energy consumption by 97%. This rapid progress is driving the "explosiveness of the digital realm", with implications across various industries like entertainment, healthcare, education, and finance.

The host suggests that this explosion in computing power, combined with the growth of data and AI, will enable transformative changes in how we live and work. He discusses the potential for AI-powered personalized education, telemedicine, and the creation of entire "economies" around niche interests like vampires, facilitated by the integration of AI, tokenization, and Web3 technologies. While there may be challenges like energy consumption, the host believes the potential of these advancements is "mind-blowing" and will have a profound impact on billions of people's lives.

Detailed Analysis:

The host begins by discussing a presentation by NVIDIA CEO Jensen Wong, which highlighted the company's advancements in chip technology. He explains that the upcoming Blackwell series of chips is expected to significantly outperform the current Hopper series, including the recently released H200 model.

The host then delves into the concept of Moore's Law, an observation made by Intel's Gordon Moore in the 1960s that the number of transistors on a chip doubles every two years. This has led to a 50% annual deflation in computing costs, with a thousand-fold increase in the teraflop rate of NVIDIA's chips over the past 8 years.

The host emphasizes the importance of the dramatic reduction in energy consumption, from the first model on the chart to the Blackwell, which he says is a 97% decrease. This is crucial not only for the cost savings, but also because the massive scale of these computing clusters can overwhelm local power grids if not properly managed.

The host then connects this exponential growth in computing power to the broader digital landscape, including areas like blockchain, cryptocurrency, digital platforms, gaming, and finance. He suggests that all these sectors are poised for a "huge upgrade" as a result of these advancements.

The host discusses how the impact of these changes may manifest differently across various industries. He believes entertainment will see a more immediate and disruptive transformation, while sectors like telemedicine and education may take longer due to factors like regulation and the need for more gradual adoption.

The host shares his views on figures like Sam Altman, acknowledging that while he may not agree with them, he recognizes their understanding of the potential of these technologies. He suggests that the combination of AI, tokenization, and Web3 could enable the creation of entirely new economic models, such as a "vampire economy" where niche interests can be monetized and quantified in novel ways.

The host acknowledges that some have speculated about the potential for AI to stagnate, citing factors like energy consumption as a possible constraint. However, he believes that the advancements already in the pipeline, such as the transition from ChatGPT-4 to ChatGPT-5, will continue to drive rapid progress in the near term.

In conclusion, the host emphasizes the "mind-blowing" potential of these technological advancements and their ability to transform the lives of billions of people across various domains. He encourages the audience to focus on the positive possibilities and to consider how these developments can be harnessed to create a better future.

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