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Emad Mostaque resigned as CEO of Stability AI
- narrator 3y agoYou just got to bribe a few key AI researchers to completely control the future of humanity, lol.
- quantumwoke 3y agoHuge news, and his reasoning doesn’t seem to make sense to me. Can anyone elaborate further?
- deleted 3y ago[deleted]
- minimaxir 3y agoThere have been a series of high profile staff/researcher departures, implied to be partially as a result of Emad's leadership. The latest departures of the researchers who helped develop Stable Diffusion could be fatal: https://news.ycombinator.com/item?id=39768402 https://news.ycombinator.com/item?id=39768402
- minimaxir 3y agoHe's leaving to work on decentralized AI? That's exactly what Stability AI was doing before it became clear the economics no longer work out in practice, and starting a new company wouldn't change that. (Emad is an advisory board member to a decentralized GPU company, though: https://home.otoy.com/stabilityai/ https://home.otoy.com/stabilityai/ ) Obviously this is the polite way to send him off given the latest news about his leadership, but this rationale doesn't track.
- ctrw 3y agoThink seti at home. Instead of wasting all the compute on bitcoin we pretrain fully open models which can run on people's hardware. A 120b ternary model is the most interesting thing in the world. No one can train one now because you need a billion dollar super computer.
- __loam 3y agoI would expect most of the big tech firms have the capital to build a gpu cluster like that.
- kleinsch 3y agoPeople are estimating that Meta is buying $8-10B in GPUs this year alone. https://www.cnbc.com/amp/2024/01/18/mark-zuckerberg-indicates-meta-is-spending-billions-on-nvidia-ai-chips.html https://www.cnbc.com/amp/2024/01/18/mark-zuckerberg-indicate...
- ImprobableTruth 3y agoTransmission speeds aren't fast enough for this, unless you crank up the batch size ridiculously high.
- FeepingCreature 3y agoLoRA training/merging basically is "crank up the batch size ridiculously high" in a nutshell, right? What actually breaks when you do that?
- brrrrrm 3y agoCranking up the batch size kills convergence.
- nextworddev 3y agoI’m guessing Emad sees the “rationale” in the recent revival of crypto prices - and the subsequent demand for altcoins
- tarruda 3y agoAI + Crypto bull market is a recipe for grabbing tons of VC money
- deleted 3y ago[deleted]
- vishnugupta 3y ago"Decentralised" AI probably means something to do with crypto. Like mint this ocin to get access to that model? That's my guess.
- hsjsbeebue 3y agoLike “here is a rug” let me pull it for you!
- kalkr 3y agodecentralization != coinshit
- malthaus 3y agobut now that the crypto boys are back en vogue and are returning from hibernation / ai-vacations due to price levels you can combine 2 hype trends into one and capture the imagination & wallets of 2 intersecting circles of fools! so if these days someone is talking about decentralized anything i'd bet it involves coinshit again
- polygamous_bat 3y agohttps://en.wikipedia.org/wiki/Emad_Mostaque https://en.wikipedia.org/wiki/Emad_Mostaque Read his Wikipedia page and tell me he doesn’t sound like your run of the mill crypto scammer. > He claims that he holds B.A. and M.A. degrees in mathematics and computer science from the University of Oxford.[7][8] However, according to him, he did not attend his graduation ceremony to receive his degrees, and therefore, he does not technically possess a BA or an MA.[7]
- jasonjmcghee 3y agoA few years ago it was all about democratized AI
- seydor 3y agousing old nvidia cards as space heaters
- moneycantbuy 3y agowhat's the real reason?
- deleted 3y ago[deleted]
- dragonwriter 3y agoThe most obvious potential real reason is Stability isn't making money, and the people that matter don't think Emad was going to be able to turn it around.
- trickstra 3y agoWell, that means his replacement will be a money shark, enshittyfying Stability AI for higher profits.
- anonylizard 3y agoThere's nothing to enshitify, their models were open sourced. Now they may no longer release future models for free, but its entitlement to think we'll just get free improvements forever. Also not all CEO replacements turn out bad. Uber certainly has turned itself around.
- trickstra 3y agoWhat I'm saying is that if it's really true that he is going out because "the people that matter don't think Emad was going to be able to turn it around" then it's very likely that the replacement will be more able to turn it around, because that will be the selection criteria.
- cybernoodles 3y agoMaybe related to last years controversy? “Mostaque had embezzled funds from Stability AI to pay the rent for his family's lavish London apartment” and that Hodes learned that he “had a long history of cheating investors in prior ventures in which he was involved”
- joegibbs 3y agoIt also seems like the company just isn't doing very well, it looks like there have been constant problems since Stable Diffusion was released - not enough funding, people leaving, etc. Which I don't get - you create a massive new piece of software that is a huge leap forward and you can't just get more funding? There have to be big structural issues at Stability.
- deleted 3y ago[deleted]
- zenlikethat 3y agoI’m practicality shaking my head in disbelief at all the red flags this guy has and people are still defending him. Stability and its work are great. We should support an open community and ethos. And Emad can still be a shady narcissist con man. These are all compatible views.
- xyst 3y agoThe “wework” ceo of ai bubble
- ed 3y agoA lot more social good with this one though. Hard to cheer for Stability.ai’s failure.
- deleted 3y ago[deleted]
- anonylizard 3y agoWework transferred investor money to office building owners and the CEO himself. Stability transferred investor money to countless AI users in the world. Emad certainly didn't get a billion dollar payday.
- echelon 3y agoStability models are mostly open source. While it was never going to last, Stability put the entire industry in a race to the bottom, all the while building up the open ecosystem.
- VirusNewbie 3y ago[flagged]
- deleted 3y ago[deleted]
- rvz 3y agoLooks like many AI startups are experiencing a bit of some turbulence and chaos in the recent months: First the OpenAI rebellion in November, then the Inflection AI acqui-hire from Microsoft not willing to pay the over-valued $4B and deflected that to $600M instead (after making $0 revenue) and now a bit of in-stability at Stability AI with the CEO resigning after many employees leaving. What does that say about the other AI companies out there who have raised tons of VC cash and aren't making any meaningful amount of revenue? I guess that is contributing to the collapse of this bubble with only a very few companies surviving.
- abvdasker 3y agoThe big companies fighting to win gen AI have forgotten how to build good products. There seems to be enormous confusion about AI applications — few seem to be willing to commit to a singular focus or application, instead trying to be everything to everyone. The tried and true way to build something big is to bootstrap a killer app that solves a real problem and then expand horizontally to other problem spaces. These companies are trying to do too much too soon (probably because they have too few financial constraints). A lack of focus.
- __loam 3y agoWait you're telling me you can't make the next trillion dollar industry by incinerating capital while making no money?
- gunapologist99 3y agoYou have a point, but remember Amazon and Google did exactly that and figured out the business model later.
- barkingcat 3y agoAmazon was ruthless at making money from day 0. Amazon was famous for not taking profit, and instead putting profit back into the company, but revenue? Amazon was generating gobs and gobs and gobs of revenue from day 0.
- stale2002 3y agoWell RIP Stability AI. I love their models and I love how they have changed the entire open source AI ecosystem for the better, but the writing was always on the wall for them given how unprofitable they are. I don't think much of the AI startup scene or socials groups like e/acc would have existed if it weren't for the tech that they just gave away for free. Its interesting how Stability AI and their VC funding have done a much better job of acting effectively as a non-profit charity (because they don't have profits. lol) to speed up AI development and open source their results as compared to other companies that were supposed to have been doing that from the beginning. They really were the true ActuallyOpenAI. Related to this, if you are an aspiring person who wants to improve the world, tricking a bunch of VC investors to fund your tech and then giving away the results to everyone free of charge is the single best way to do it.
- Der_Einzige 3y agoHuggingface are also the real actual openAI
- ShamelessC 3y ago> socials groups like e/acc Good riddance.
- stale2002 3y agoHey, let me know when the doomers have built anything that has mattered because they choose to, and not because they are forced to my market forces. At least the open source AI people have code that you can use, freely without restriction. The doomers, on the other hand, don't do anything but try and fail to prevent other people from releasing useful stuff. But, in some sense I should be thanking the doomers because I rather that people with such incompetence were the enemy as opposed to people who might have a chance of succeeding.
- Satam 3y agoThe underlying reason is that current AI businesses and models are failing to capture any significant economic value. We're going to get there, but it will take some more work. It won't be decades, but a few more years would be helpful
- minimaxir 3y agoAI businesses/models are capturing economic value: the problem is that costs are increasing much faster than revenue.
- dheera 3y agoNo, Stability isn't getting 99.99% of the money people are making from Stable Diffusion. Their (lack of a) business model is the problem.
- Satam 3y agoWith the current limitations of AI in mind, it often looks like a solution looking for a problem. It's too unreliable, slow, dumb, and too expensive for a lot of the tasks companies would like to use it for. And that becomes part of the problem because it's hard to sell unreliable technology unless you design the product in a way that plays well with the current shortcomings. We will get there, but it's still a few iterations away.
- BigJono 3y agoI don't think it's that SD and LLMs are solutions looking for problems, it's that there are very clear problems to which they provide 90% of a solution and make it impossible to clear the last 10%. They're the new WYSIWYG/low-code. Everyone that doesn't fully understand the problem space thinks they're some ultimate solution that is going to revolutionise everything. People that do are responding with a resounding 'meh'. Stable Diffusion is a great example. Something that can generate consistent game assets would be an absolute game changer for the entire game industry and open up a new wave of high tech indie game development, but despite every "oh wow" demo hitting the front page of HN, we've had the tech for a couple of years now and the only thing that's come out of it is some janky half solutions (3D meshes from pictures that are unworkable in real games, still no way to generate assets in consistent styles without a huge amount of complex tinkering) and a bunch of fucking hentai lol.
- Ranmalie 3y ago[dead]
- ImprobableTruth 3y agoReally sad to see. Emad pivoting to posting crypto nonsense on twitter made me think the writing is on the wall for Stability, but I still didn't expect it so soon. I expect they'll pivot to closed models and then fade away.
- rvz 3y ago> Really sad to see. Emad pivoting to posting crypto nonsense on twitter made me think the writing is on the wall for Stability Open-source AI is a race to zero that makes little money and Stability was facing lawsuits (especially with Getty) which are mounting into the millions and the company was already burning tens of millions. Despite being the actual "Open AI", Stability cannot afford to sustain itself doing so.
- deleted 3y ago[deleted]
- yreg 3y agoSource on them burning tens of millions? What are they burning it on?
- dragonwriter 3y ago> I expect they'll pivot to closed models and then fade away. They already pivoted away from open-licensed models.
- ShamelessC 3y ago> crypto nonsense on twitter got any links?
- tymscar 3y agoNot twitter but here he is talking about that: https://youtu.be/BdZo4JUBSQk https://youtu.be/BdZo4JUBSQk
- deleted 3y ago
- __loam 3y ago[flagged]
- deleted 3y ago[deleted]
- ec109685 3y agoPrevious controversy involving the CEO (2023): https://www.forbes.com/sites/kenrickcai/2023/06/04/stable-diffusion-emad-mostaque-stability-ai-exaggeration/ https://www.forbes.com/sites/kenrickcai/2023/06/04/stable-di... “ In reality, Mostaque has a bachelor’s degree, not a master’s degree from Oxford. The hedge fund’s banner year was followed by one so poor that it shut down months later. The U.N. hasn’t worked with him for years. And while Stable Diffusion was the main reason for his own startup Stability AI’s ascent to prominence, its source code was written by a different group of researchers. “Stability, as far as I know, did not even know about this thing when we created it,” Björn Ommer, the professor who led the research, told Forbes. “They jumped on this wagon only later on.” “ “ “What he is good at is taking other people’s work and putting his name on it, or doing stuff that you can’t check if it’s true.”
- deleted 3y ago[deleted]
- coolspot 3y agoHe did provide thousands of GPUs for training all those open-source and open-weights models, no?
- ilrwbwrkhv 3y agoPeople forget, moving things around and funding them and making it all work is what makes an entrepreneur. Elon Musk did that and all great founders do that. Emad doesn't have to write the code himself.
- zenlikethat 3y agoMaybe… he certainly was good at taking credit for it. Not course if they stepped in, rebranded something they didn’t make and threw a bunch of AwS GPUs they couldn’t actually afford at it though https://petapixel.com/2023/06/05/so-many-things-dont-add-up-stability-ai-founder-accused-of-exaggerations/ https://petapixel.com/2023/06/05/so-many-things-dont-add-up-...
- 3y ago
- xyzzy4747 3y agoThe writing was on the wall for Stability AI after they went on the massive anti-adult content tirade for their newer models.
- SV_BubbleTime 3y agoI don’t know if that is a factor. But the dog whistle is “safety”.
- anonylizard 3y agoThat 'anti-adult tirade' is a strategic choice. 1. Open source even more capable 'adult models' and get sued to oblivion (They still have massive lawsuits) 2. Neuter the model to uselessness and have users abandon it. Both are bad choices, and require a very, very skilled CEO to thread the needle. Emad failed. that's all.
- astrange 3y agoNo, that's the sign they're being sensible, since the thing you want is illegal in most countries.
- immibis 3y agoI looked this up and apparently the controversy is that Stable Diffusion was trained on child porn? How can the model itself not be considered objectionable material then? Does the law not apply some kind of transitive rule to this? And don't they want to arrest someone for having the child porn to train it on?
- astrange 3y agoThere's two controversies that are the opposite of each other. 1. Some people are mad that Stable Diffusion might be trained on CSAM because the original list of internet images they started with turned out to link to some. (LAION doesn't actually contain images, just links to them.) This one isn't true, because they removed NSFW content before training. 2. Some other people are mad that they removed NSFW content because they think it's censorship. That actually isn't the legal issue I meant though. It's not that they trained on it, it's that it contains adult material at all (and can be shown to children easily), and that it can be used to generate simulated CSAM, which some but not all countries are just as unhappy about.
- yreg 3y agoI love their product, but I was suspect of Emad ever since he said “There will be no programmers in five years.”[0] That just sounds so simplistic that I don't believe he believes it himself. [0] https://finance.yahoo.com/news/stability-ai-ceo-no-human-193413248.html https://finance.yahoo.com/news/stability-ai-ceo-no-human-193...
- ramraj07 3y agoThe worst thing here is not that he doesn’t believe in it himself, but that he does. As George Costanza said, “it’s not a lie if you believe it”
- yreg 3y agoNo, my problem is that I don't believe he believes it. It is a lie.
- tracerbulletx 3y agoThe CEO of nvidia said basically the same thing so I don't know if that's the best metric.
- lolinder 3y agoYou mean the CEO of the company that just rode the AI hype wave to become one of the top 3 most valuable companies in the world? It's his fiduciary duty to say things like that, whether or not he believes them, the same as every other CEO in the AI space.
- b112 3y agoThere is no fiduciary duty to lie, or make up stories you do not believe. People really oversell fiduciary duty. Yet the whole point of top-level corporate roles is to steer a company predicated upon opinion, which means that you have great latitude to act without malfeasance.
- dheera 3y ago
- Filligree 3y agoI guess SD3 will never be released, then. What a pity. :-/
- astrange 3y agoThat's silly. For one thing, he says he's still the majority shareholder.
- barrkel 3y agoThat's my guess too. Emad teased SD3 while it looked like he was looking for more money, but without convincing rationale for not releasing it already. The samples may have been heavily cherry-picked, we don't know if it's actually a decent model in practice.
- riwsky 3y agoOpenAI? closed source. Stability AI? facing instability. Startup idea: Unprofitable.ai
- sidcool 3y agoAccenture : $1.1 billion GenAI projects!
- deleted 3y ago[deleted]
- technics256 3y agoLooks like he went to crypto https://x.com/sreeramkannan/status/1771340250801127664?s=46 https://x.com/sreeramkannan/status/1771340250801127664?s=46
- ilaksh 3y agoDecentralized systems, peer to peer, Blockchain, smart contracts, are all important technologies with real use cases. It is not accurate to refer to any of them as simply "crypto" especially in this context.
- ShamelessC 3y ago[flagged]
- alfiedotwtf 3y agoSo you’re happy to continue forever with the system we have now - governments printing with no consequence?
- hiddencost 3y agoNo, but I'm not going to invest in a bunch of grifters and con artists holding up a technically bad solution because they want money and power.
- archerx 3y agoNobody is asking you to invest in banks and or wallstreet.
- alfiedotwtf 3y agoCommercial banks make up most central banks, and if you believe commercial banks aren't grifters or con artists, you've obviously never heard of LIBOR for starters. As for bad solutions, I'll give you incorrect economic forecasts on inflation and using interest rates as a lever.
- Jasmine209 3y ago[flagged]
- bicepjai 3y agoWow, the comments seems mean spirited. I would say Thanks for releasing open source models and accepting to pass the torch
- raincole 3y agoI'm very grateful for SD. But I'm also quite sure SD3 and the future models won't be open.
- deleted 3y ago[deleted]
- PerryCox 3y agoI interviewed at Stability AI a while ago and that interview was a complete shit show. They quite literally spent 40 minutes talking about Emad and his "vision". I think we actually talked about what they wanted me to do there for like 15 minutes. I was not feeling confident about them as a company that I wanted to work for before that interview, afterwards I knew that was a company I wouldn't work for.
- tonyoconnell 3y agoHis shares still have majority vote and full board control.
- ml-anon 3y agoEmad is such an obvious grifter it’s honestly mad that he attracted so much VC money. He couldn’t even get his own story straight regarding his education and qualifications which should be a pretty clear disqualifying red flag from the outset. The Forbes article from last year was dismissed on here as a hit piece but the steady flow of talent out was the clear sign, capped by the original SD authors leaving last week (probably after some vesting event or external funding coming through).
- feverzsj 3y ago"AI"s are still pretty much vaporwares like 40 years ago. When people get tired of these toys, the bubble will simply burst, and nothing valuable left.
- oyster143 3y agoI use chat-gpt almost every day and find it very usefull
- renonce 3y agoCompetitors are catching up and one day the chat API providers will race the prices to bottom
- stein1946 3y agoDoesn't this apply to any product though?
- janalsncm 3y agoThat’s not the same thing as chat gpt being vaporware.
- samatman 3y agoEliminates that possibility in fact. You can't "catch up" to vaporware because there's nothing to catch up to.
- huytersd 3y agoCatching up to what they released a year ago. We don’t know what’s coming up next.
- feverzsj 3y agoAnd how you gonna verify chat-gpt's result? By googling?
- 3y ago
- mikelitoris 3y agoSo… instability.ai?
- gdsdfe 3y agoAI as a field feels like crypto from a few years back
- patchinko 3y agoAt least, this has the same impact on GPU prices.
- spaceman_2020 3y agoHe probably saw all the crypto AI grifters make hundreds of millions and wanted in on the action. With his name attached, any crypto AI coin will launch straight to $500m mcap
- frays 3y agoI can't find much information about Shan Shan Wong, the new co-CEO. Not even a photo of this person on the internet. Anyone else have information about them?
- Razengan 3y agoWhat's with these weirdly convoluted re-spellings of Arabic/Muslim names to make them look not Arabic/Muslim?
- darkhorse13 3y agoHe's not an Arab, he's ethnically Bangladeshi, and that's a common way to spell his name here.
- malthaus 3y agohttps://en.wikipedia.org/wiki/Emad_Mostaque https://en.wikipedia.org/wiki/Emad_Mostaque that wikipedia page screams "grifter", wow
- polygamous_bat 3y agoReally no wonder he ended up in “decentralized AI” aka crypto grifting. It must be like returning home after a long day.
- jacky2wong 3y agoI think Stability is in an interesting situation. A few suggestions on its direction and current state: 1. Stability AI's loss of talent at the foundational research layer is worrying. They've lost an incredibly expensive moat and there's enough unsolved problems in the foundation layer (faster models, more energy efficient models, etc.) to ensure Stability provides differentiated offerings. Step 1 should be rectifying the core issues of employment and refocusing this more into the AI lab space. I have no doubt this will require a re-steering of the ship and re-focusing of the "mission". 2. Stability AI's "mission" of building models for every modality everywhere has caused the company to lose focus. Resources are spread thin. With $100M in funding, there should be a pointed focus in certain areas - such as imaging or video. Midjourney has shown there is sufficient value capture already in just 1 modality. E.g. StableLM seems like early revenue rush and a bad bet with poor differentiation. 3. There is sufficient competition on the API layer. Stability's commitment to being open-source will continue to entice researchers and developers but there should be a re-focus on improvements in the applied layer. Deep UX wrappers for image editing and video editing while owning the end to end stack for image generation or video generation would be a great focal point for Stability that separates itself from the competition. People don't pay for images, they pay for images that solves their problems.
- achow 3y ago> Deep UX wrappers for image editing and video editing while owning the end to end stack for image generation or video generation would be a great focal point for Stability that separates itself from the competition. People don't pay for images, they pay for images that solves their problems. Recently, during an interview [1], when questioned about OpenAI's Sora, Shantanu Narayen (Adobe CEO) gave an interesting perspective on where value is created. His view (paraphrased generously).. GenAI entails 3 'layers': Data, Foundational Models and the Interface Layer. Why Sora may not be a big threat is because Adobe operates not only at first two layers (Data and Foundational model) but also at the interface layer. Not only Adobe perhaps knows better than anyone else what is need and workflow of a moviemaker, but I guess most importantly they already have moviemakers as their customers. So product companies like Adobe (& Microsoft, Google etc.) are in better position to monetize GenAI. Pure-play AI companies like OpenAI are perhaps in B2B business. Actually, they maybe really in api business, they would have great data, would be building great foundational models and giving results of those as APIs; which other companies who are closer to their unique set of customers with their unique needs would be able to monetize and some part of those $$ flows back to pure-play AI companies [1] At 5 mins mark.. https://www.cnbc.com/video/2024/02/20/adobe-ceo-shantanu-narayen-on-new-ai-tools-for-us-its-about-driving-responsible-innovation.html https://www.cnbc.com/video/2024/02/20/adobe-ceo-shantanu-nar...
- dpflan 3y agoRecent genAI shakeups in the past week: 1. Inflection AI -- ceo out to MSFT 2. Stability AI -- ceo out to ____ (infinite sum games? with EigenLayer?) What else? Is there a "GenAI is going great" website yet? (ala "web3 is going great": https://www.web3isgoinggreat.com/ https://www.web3isgoinggreat.com/)
- JCM9 3y ago2024 is going to shift into a tough year for AI. Business minded folks are already starting to deeply question where the value is relative to the amount of money spent on training. Many/most of the GenAI companies have interesting ideas but no real business plan. Many of the larger AI companies look very shaky in terms of their governance and long term stability. Stability is showing itself to be very unstable, OpenAI has its mess that still seems not fully resolved, Inflection had a bunch of strange stuff go down earlier this week, and more to come. I’m a huge fan of the tech, but as reality sets in things are gonna get quite rough and there will need to be a painful culling of the AI space before sustainable and long term value materializes.
- samstave 3y ago>Many/most of the GenAI companies have interesting ideas but no real business plan - This is most likely the reason being the SAMA firing, to be able to re-align to the MIC without terrible consequence, from a PR perspective. no criticism here aside from the fact that we will see the AI killer fully autonomous robots will be here and unfettered by 'alignments' much sooner than we expected... And the MIC is where all the unscrupulous monies without audits will come from.
- MyFirstSass 3y ago> no criticism here aside from the fact that we will see the AI killer fully autonomous robots will be here and unfettered by 'alignments' much sooner than we expected... What exactly do you mean with this sentence? That less woke/regulated companies will suddenly leapfrog the giants now? What timeframe are we talking here? And do you mean for example non public mil applications from US/China or whatever or private models from unknown players? One thing i've been wondering is that if GPT-4 was 100 mil to train, then there's really a lot of plutocrats, despots, private companies and states for that matter that could in principle 10x that amount if they really wanted to go all in, and maybe they are right now? The bottleneck is the talent pool out there though, but i'm sure there's a lot people out there from libertarians to nation states that don't care about alignment at all, which is potentially pretty crazy / exciting / worrying depending on view.
- hallqv 3y agolol Emad was always seemed like an obvious fraud to me. Not quite SBF level but same vibe. Whenever someone goes overboard on the nerd look it’s always a red flag.
- WhereIsTheTruth 3y agoFishy, it was the outsider that obliterated the establishment and the current narrative It was bound to happen anyways..
- sinuhe69 3y ago6 months ago, I expressed my doubt about the viability of Stability business model on HN News. Mostaque answered the questions with a resounding yes and claimed the business of Stability.AI is better than ever. Today he resigned.
- hankchinaski 3y agoBubble starting to burst, history doesn’t repeat itself but it rhymes
- anon7725 3y agolet us hope
- jgalt212 3y agoGiven all the talk here, it seems like the state of the business and the state of the stock market are grossly out of whack. Of course, that happens from time to time.
- AndrewKemendo 3y agoAh yes the coming winter
- KETpXDDzR 3y ago> Earlier today, Emad Mostaque resigned from his role as CEO of Stability AI and from his position on the Board of Directors of the company to pursue decentralized AI. Reading explanations of "decentralized AI" [0] sounds like a sales pitch for investors that missed out on the AI and crypto hype. Technically, it sounds like a distributed file storage which already exists. [0] https://www.forbes.com/sites/digital-assets/2024/02/24/decentralized-ai-on-blockchain-rivals-openais-lead/ https://www.forbes.com/sites/digital-assets/2024/02/24/decen...