AiNews.com
Posts
Tether CEO Advocates Localized AI Models for Security and Privacy

Tether CEO Advocates Localized AI Models for Security and Privacy

Alicia Shapiro
July 08, 2024 • Estimated Reading Time: 3 minutes

An illustration showing localized AI models running on a smartphone and laptop, emphasizing data security and privacy, with symbols representing AI, technology, and cybersecurity, highlighting the protection of personal data and prevention of hacks

Tether CEO Advocates Localized AI Models for Security and Privacy

Paolo Ardoino, CEO of blockchain platform Tether, has emphasized the importance of localized AI models to ensure independence and privacy, especially in light of recent hacking incidents involving OpenAI. Ardoino argues that AI models that operate locally on user devices, such as smartphones and laptops, are crucial for protecting personal data and preventing future hacks.

A tweet from Tether CEO Paolo Ardoino discussing the importance of localized AI models for protecting privacy and ensuring resilience and independence. The tweet mentions the recent OpenAI hack and highlights the capabilities of new generation smartphones and laptops to fine-tune large language models with user data locally

Image Source: Paolo Ardoino post on X

Benefits of Localized AI Models

Ardoino highlights several advantages of localized AI models:

Enhanced Security and Privacy: By running AI models directly on devices, there is no need for third-party servers, keeping data local and secure.
Resilience and Independence: Local execution ensures that AI models are independent and resilient, reducing reliance on external infrastructure.
Offline Use: Users can enjoy AI-driven experiences and data analysis without needing an internet connection.

Recent Developments and Challenges

Tether's focus on localized AI comes in response to a recent hack of OpenAI, where a hacker accessed internal messaging systems and compromised sensitive information. Additionally, it was revealed that ChatGPT conversations on macOS were stored in plain-text files, raising concerns about data security.

Ardoino sees the integration of localized AI models as a "paradigm shift" for user privacy and independence. Tether is actively exploring the incorporation of these models into its AI solutions, ensuring that users maintain complete control over their information.

Industry Implications

The hack and subsequent revelations have sparked discussions about the security and privacy of AI models developed by major tech companies like OpenAI, Google, Meta, and Microsoft. There is growing concern about a potential Big Tech monopoly over AI models, leading to calls for decentralization and fair competition in the AI industry.

Initiatives like 6079 advocate for challenging Big Tech's dominance, aiming for a future where AI technology is more decentralized and user-focused.