Balaji Srinivasan
π€ SpeakerAppearances Over Time
Podcast Appearances
The financial stuff incentivizes the information feeds, right?
Like, in a sense, why does... So people can, in a sense, bet on the Bloomberg terminal, right?
So the Oracle services that actually put this information on-chain...
contracts for various kinds of markets, right?
So the news, the media actually influences the flow of money.
There's a vortex that is pulling verifiable information.
Market wants it there.
And in a sense, what the blockchain is, is like an armored car for information where you can transport that information on chain.
And so if you scroll down a little bit further, and again, this is like six years, I've been thinking about this for a long time.
So the Weather Channel posts cryptographically, if you click into this, right?
This shows all
feeds that can be posted.
So the Weather Channel could post signed feeds of weather data, Redfin posts real estate transactions, Foursquare has location data.
They can make them free or they can crypto pay.
And so now you have this stream of the raw data and then you have AI on top of it that turns that into legible text.
I only saw GPT-2 and maybe GPT-3 had been out by that point, but I could, there's actually a company called Narrative Science.
Okay.
And
which went bust, but it was a cool company, okay?
They had something which would, let me show you what it looks like.