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Fred Ehrsam Quotes


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Quotes by Fred Ehrsam

Showing 11-20 of 52 Quotes by Fred Ehrsam

Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in many ways and represents the bleeding edge of digital currency.

~Fred Ehrsam

Topics: Bitcoin Bleeding Currency Digital Edge Ethereum Existed Make Make No Mistake Many Mistake Never Represents Said Think Ways Without Would I Think Ahead

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For the foreseeable future, I'm all about building blockchain-based decentralized services.

~Fred Ehrsam

Topics: About Building Decentralized Foreseeable Future Services

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Ethereum will be a first-class citizen on Coinbase.

~Fred Ehrsam

Topics: Citizen Coinbase Ethereum First-Class Will

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AIs are only as good as the data they are trained on. And while many of the tech giants working on AI, like Google and Facebook, have open-sourced some of their algorithms, they hold back most of their data.

~Fred Ehrsam

Topics: Ai Back Data Facebook Giants Good Google Hold Like Many Most Only Some Tech Trained While Working

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To create an open protocol which helps coordinate resources towards a common goal, the resources need to be known at some level in the same way a lot of of data on the web needs to be public for it to be traversable and useful.

~Fred Ehrsam

Topics: Common Common Goal Coordinate Create Data Goal Helps Known Level Lot Need Needs Open Protocol Public Resources Same Some Towards Useful Way Web Which

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OpenAI is doing important work by releasing tools which promote AI to be developed in the open. Compute power is largely produced by NVIDIA and Intel and still relatively expensive but openly purchasable. Blockchains may be the key final ingredient by providing massive pools of open training data.

~Fred Ehrsam

Topics: Ai Compute Data Developed Doing Expensive Final Important Important Work Ingredient Intel Key Largely Massive May Open Openly Pools Power Produced Promote Providing Relatively Releasing Still Tools Training Which Work

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Private funding was one of the first methods used when MIT funded Bitcoin core developers Gavin Andresen, Wladimir van der Laan, and Cory Fields in 2015.

~Fred Ehrsam

Topics: Bitcoin Core Developers Fields First Funding Methods Mit Private Used Van

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Public crowdfunding still suffers from a tragedy of the commons problem. Everyone will want the benefit of the crowdfunded efforts but is incentivized to sit on the sidelines and hope others chip in.

~Fred Ehrsam

Topics: Benefit Chip Commons Efforts Everyone Hope Others Problem Public Sidelines Sit Still Suffers Tragedy Want Will

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The self-driving car revolution was kicked off by The 'DARPA' Grand Challenge to make an autonomous car traverse 132 mi. of a desert.

~Fred Ehrsam

Topics: Autonomous Car Challenge Darpa Desert Grand Kicked Make Off Revolution

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Working on a token is similar to working on a startup: higher risk and lower initial impact but higher upside potential. How core protocol work is best funded beyond the initial Ethereum Foundation endowment is an open question, but likely further out.

~Fred Ehrsam

Topics: Best Beyond Core Endowment Ethereum Foundation Further Higher How Impact Initial Likely Lower Open Out Potential Protocol Question Risk Similar Startup Token Upside Work Working

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Biography

Nationality: American

Type: Businessman

Born: Unknown

Links

Find Fred Ehrsam on Amazon

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