Li Jin

Nov 14, 2024 | mdpi.com | Mengze Fu |Kangjia Ban |Li Jin |Di Wu

All articles published by MDPI are made immediately available worldwide under an open access license. No special permission is required to reuse all or part of the article published by MDPI, including figures and tables. For articles published under an open access Creative Common CC BY license, any part of the article may be reused without permission provided that the original article is clearly cited. For more information, please refer to https://www.mdpi.com/openaccess.

Sep 20, 2024 | mdpi.com | Mengze Fu |Li Jin |Di Wu |Kangjia Ban

All articles published by MDPI are made immediately available worldwide under an open access license. No special permission is required to reuse all or part of the article published by MDPI, including figures and tables. For articles published under an open access Creative Common CC BY license, any part of the article may be reused without permission provided that the original article is clearly cited. For more information, please refer to https://www.mdpi.com/openaccess.

Jun 18, 2024 | variant.fund | Li Jin

Today, AI models are trained on public data, either via partnerships like the News Corp and Reddit deals, or by data scraping on the open internet. For example, Meta’s Llama 3 was trained on 15 trillion tokens from publicly available sources. These approaches have been effective at aggregating large amounts of data quickly—but they have limitations, both in terms of what data they collect and how. First, the what: AI development is bottlenecked by data quality and quantity.

Jun 7, 2024 | variant.fund | Li Jin

The biggest companies on the planet are marketplaces built on network effects. Amazon ($1.9T), Meta ($1.2T), Tencent ($459BT)—all aggregate supply and demand, and their networks grow more valuable the more of that supply and demand they control. The same holds true in crypto. Top-valued networks like Bitcoin ($1.4T), Solana ($79B), and Ethereum ($460B) are all multi-sided networks comprised of developers, users, and network operators that become more valuable as they scale.

Apr 17, 2024 | lisnewsletter.com | Li Jin

In March 2024, Christie’s announced SOURCE [On NFTs], the auction house’s first onchain generative art collection. The sale comes exactly three years after the digital artist Beeple sold a work of digital art through the same auction house for $69 million. It’s a development that would have likely caught the attention of the 20th-century philosopher and cultural critic Walter Benjamin. Benjamin was deeply interested in the interplay between technology and culture, and how each shapes the other.