U.S. Conference Board Employment Trends Index for July

The historical background of the AI revolution The rapid development of artificial intelligence technology is leading us into a data-driven new era. Breakthrough advancements in fields such as deep learning and natural language processing have made AI applications ubiquitous. The emergence of ChatGPT in 2022 ignited the AI industry, followed by a surge of innovative AI tools, such as text-to-video, smart office, and more. The widespread application of AI is also on the agenda. The market value of the AI industry is experiencing explosive growth, and it is expected to reach $185 billion by 2030. The current AI industry is mainly dominated by several tech giants, such as Nvidia, Microsoft, Google, etc. While technological advancements have brought challenges such as data centralization and uneven distribution of computing power. The decentralized concept of Web3 offers new possibilities to address these issues and is expected to reshape the development landscape of AI. As the AI industry is booming, a batch of high-quality Web3+AI projects

Bittensor is a decentralized machine learning network that uses blockchain technology to address issues of data centralization and unequal resource allocation. The project rewards network participants through incentive mechanisms, and there are currently 45 subnets. Although the future looks promising, it is necessary to balance expansion with quality control to ensure competitiveness.

Bittensor is a decentralized machine learning network that uses blockchain technology to solve the problem of data centralization and promotes the sharing and optimization of AI models through a fair incentive mechanism. Its token TAO is used to purchase computing resources and for community governance. Bittensor's subnet architecture and innovative consensus mechanism ensure the security and efficiency of the network. In the future, with the combination of AI and Web3, the market potential is huge, but it faces the risk of declining returns.

The article discusses the rapid development of artificial intelligence technology and its challenges in the context of Web3, highlighting Bittensor as an innovative project for Decentralization in AI networks. Bittensor provides machine learning computing resources through a fair incentive mechanism and diversified subnet architecture, promoting ecological optimization. Although the future prospects are optimistic, it is also necessary to be wary of the risks of low-quality projects.

The CESS Network is rapidly becoming a Benchmark. Web3 storage provides a fully decentralized infrastructure that surpasses the capabilities of IPFS. For users interested in Airdrop participation, encryption learning, and blockchain infrastructure, the CESS Network brings innovation and opportunities. As a content creator for Gate, I am here to explain why the CESS Network is setting new standards for Web3 storage. Why does the IPFS need an upgrade? IPFS has pioneered content-addressed peer-to-peer file storage, utilizing a distributed hash table (DHT) that allows for immutable and decentralized data access. However, it also has limitations—nodes must remain online to provide data, leading to potential downtime and data availability issues. Despite its resilience, IPFS lacks the enterprise-level capabilities required for Web3 use.