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Proof-of-Useful-Work proposes that the same GPU computation used for AI workloads can also secure a blockchain network. But that immediately triggers an economic objection - if miners are already getting paid for running AI jobs, does the security of the network collapse? Rafael Pass breaks it down and shows...

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Pearl Research Labs

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Proof of work has always demanded a brutal trade-off - to secure a monetary network, you burn energy on the scale of entire countries. Meanwhile, hundreds of billions poured into AI - all for one operation at massive scale - matrix multiplication. For years, these energy markets were disjoint. It was commonly believed that proof of work could never be implemented on top of real-world instances. They were wrong. The same matrix multiplication that powers AI can secure a monetary network as a by-product - every GPU cycle doing double duty. A currency backed by the most valuable computation on earth. A deep dive by Omri Weinstein ⤵️
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Proof of work has always demanded a brutal trade-off - to secure a monetary network, you burn energy on the scale of entire countries. Meanwhile, hundreds of billions poured into AI - all for one operation at massive scale - matrix multiplication. For years, these energy markets were disjoint. It was commonly believed that proof of work could never be implemented on top of real-world instances. They were wrong. The same matrix multiplication that powers AI can secure a monetary network as a by-product - every GPU cycle doing double duty. A currency backed by the most valuable computation on earth. A deep dive by Omri Weinstein ⤵️

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Centralized #Bitcoin miners will always follow the path of least resistance. If the State tells them to do something they are going to do it. They don't want to be responsible for leading Bitcoin because they have executives, board members, and investors who can be held to some account if a State does not like what they are doing. An appropriately functioning network of decentralized nodes provides both leadership to the miners as well as cover from the encroachment of the State. If the miners are doing something the State doesn't like then they can pass the buck to the bitcoiners who run nodes that set and enforce the rules of the network. However, if bitcoiners defer their responsibilities to the top 5 mining nodes then they have essentially surrendered the network to the State. In August, the path of least resistance for the miners will be to flip the bit and activate BIP110. You can help provide the leadership that gets them to do what they need to do by running BIP110 on your node and putting some hash behind it. Learn why and how here: &

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Microsoft's Chief of AI just announced that AI will replace almost all white-collar jobs within 18 months. Big Tech used our data to train their AI. Now that same AI is coming for our jobs. And we get nothing in return? If AI replaces us…we should own it. That’s why we built Action Model Not another chatbot. A community-owned AI model that acts. An AI trained by the people. Owned by the people. No billionaires controlling it. No extracting value from users. No “you are the product” model. Over 150,000+ people are already earning ownership in the AI future with Action Model. You should be too.

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Anthropic co-founder Ben Mann has the clearest definition of AGI I've heard, which he calls The Economic Turing Test: "If you contract an agent for 1-3 months on a particular job and it turns out to be a machine rather than a person, then it's passed the Economic Turing Test for that role. And if the agent can pass that test for 50% of money-weighted jobs, then we have transformative AI. If we pass that threshold, then we would expect massive effects on world GDP increases, and societal change, and the number of people that are employed once these things are possible. That's the start of a new era."

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