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AI Is The Most Powerful Joule In History Economic activity transforms energy -> GDP. Historically, technology has improved this conversion. AI represents humanity’s most profound conversion mechanism yet (~10x humans & growing). Energy-rich, low-income countries don't exist!

The dead cat continues to bounce. What is Bitcoin, 17 years later? It’s not great for transactions or smart contracts; the user experience is still intimidating for most, and it’s no longer capturing the public’s imagination. If it comes up at the dinner party, it's followed by a hearty “remember that!” It’s a boring store of value, trusted as that—which is its biggest value. It's boring. Folks expect bitcoin to be stable and that it’s no longer a way to get rich quick. Institutions embracing and accumulating it took $btc from punk rock to Muzak. Advocates went from pirates to suits in orange ties, awkwardly sharing cringe memes — just like the cool kids do! If Bitcoin were going to reach mass adoption and an important use case, it does better than anyone else, it would have by now. Bitcoin feels like the CD in the age of Spotify, the DVD in the age of Netflix — a bridge technology that folks who invested in “their collection” keep saying is the better experience. Perhaps bitcoin is vinyl, cool memories and fun to drag out and put on display, but a technology that served us to get to where we are now.

I made some public disclosures about our hardware at the @theallinpod conf this week and wanted to share the progress here. Earlier this summer we got hardware back! The execution was madness…we went from no team in Jan to a tape out in 5 months. AI enabled MUCH tighter loops of research and our execution speed shows the results. This is the first large-scale demonstration of a causal, physical dynamical system to do real compute. 🚀 We released the Un-0 model (see link) in June and it runs on this physical system; the images below come from the actual hardware. What’s more, this chip requires <900 nJ to generate an image; this is many orders of magnitude less energy than conventional machines.

“AI can bring about a world that Bitcoin was created to prevent from happening.” @unchained's @dhruvbansal on why the two technologies are locked together and why he is glad Bitcoin got here first, on Bitcoin Brainstorm.