Vitalik Buterin, the co-founder of Ethereum, has expressed apprehensions about the rapid progress of superintelligent AI and the centralization of power in the AI sector. He opposes the idea of allocating $7 trillion for server farms, as proposed by Sam Altman, emphasizing the risks associated with superintelligent AI. Buterin advocates for a decentralized AI ecosystem, promoting open models that can operate on consumer hardware to prevent monopolization of AI value. He supports a regulatory framework distinguishing between 'small' and 'large' AI models, with stricter regulations for the latter. Buterin's views align with his vision for democratic decision-making and decentralization in technological advancement. The article also discusses developments in the AI industry, including Altman's funding efforts and the SEC's stance on Ripple and Ethereum ETF approvals. Read more AI-generated news on: https://app.chaingpt.org/news

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