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How Vana is Pioneering User-Owned AI Models

Can this upstart blockchain empower users to own, monetize, and build AI models themselves?
How Vana is Pioneering User-Owned AI Models
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AI researchers have hit a "data wall," where publicly available internet data is no longer enough for large-scale model training. 

In response, tech giants are increasingly buying private data, netting platforms like Reddit hundreds of millions annually from selling user-generated content as training material. Photobucket, Tumblr, and Stack Overflow profit by licensing user data to AI developers, with the individuals whose content drives these advancements rarely receiving compensation. Shutterstock has inked deals valued between $25M and $50M to license its stock media libraries to AI companies, while Meta even considered acquiring Simon & Schuster for access to its e-book catalog.

This growing economic divide reflects a broader trend in which access to data is increasingly controlled by a few wealthy tech companies. This highlights a deeper issue: User data holds immense value, yet most see no return for what they create.

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David Christopher

Written by David Christopher

430 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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