#People's Court Daily: Mining condenses social abstract labor, virtual currencies have use value and exchange value

Filecoin selected as one of the 11 major innovations of the year, becoming a breakthrough in AI computing and making it onto the list of the '11 Major Events in Artificial Intelligence and Data Innovation in 2024'. The theme of AI computing's great potential is increasingly prominent, as AI model training requires vast amounts of material, and Filecoin can provide nearby, quickly retrievable data resources, significantly reducing training time and accelerating the iteration process.

Many startups and tech giants plan to leverage Filecoin to expand their AI business landscape, reshape the digital economy ecosystem, and empower thousands of industries.

Mr. Zhao also stated that virtual currencies have only progressed one-thousandth.