Is this a viable target for crowdfunding? How much money can you really expect to get via this route vs how much is it gonna take to get something useful out of it? (Genuine questions, seeing this made me realize I don't even have a ballpark idea.)
Llama Fund: Crowdfund AI Models
51–60 of 78 posts
Re: Llama Fund: Crowdfund AI Models
#52Good idea. Doesn’t japan consider training fair use? Maybe take a look at incorporating there.
Re: Llama Fund: Crowdfund AI Models
#53Could there be a way to do this without $$$, but rather by providing compute? Similar to folding@home? A hundred thousand people can participate in training.
It’s not as efficient as raising capital though and collocating it
Re: Llama Fund: Crowdfund AI Models
#54The tone of these comments is unnecessarily negative. Nice job taking a go at something you feel is important.
Re: Llama Fund: Crowdfund AI Models
#55I’m just going to add my color to this since this seems to be devoid of any but the red sun. I like the idea of crowdfunding models. Absolutely. Yes. However, I want to see how that translates to progress. I’m ok even if the model fails at a catastrophic level, but I want to see the progress towards that end for every dollar sourced. The training logs, the assumptions, the cloud spend, the markers, and the fit to the…
Existing crowdfunding platforms don’t do a whole lot of this and still work which is interesting.
Re: Llama Fund: Crowdfund AI Models
#56Earlier quoted context omitted.
This is just focused on crowdfunding the money rather than a fully distributed training system which is less efficient. Although we may look into using the Prime Intellect work down the road. It's not that challenging to spin up a crowdfunding platform, the laws and registrations are simple. It's capped at $5m per project, but if you go further into Reg A or Co-op models you can extend that much further. You can stil…
Thanks for the sincere response to my comment that likely came across quite direct. I do think for critical mass this will need a 3rd party custodian or platform of sorts though. DIY crowdfunding may not be hard to set up legally, but it's still facing the same rug pull risks as other crowdfundings. To be clear my concern here is structural - not challenging your personal integrity. I'm sure your heart is in the righ…
I agree that a backer would definitely help here, one of the reasons for posting this is to see if we can drum up more interest there.
I agree in the guardrails as well, we are thinking checkpoints with clear deliverables to unlock more cash could help. It’s really interesting that the existing crowdfunding platforms don’t enforce a whole lot of this and still work. It seems off to me but I can’t argue much with the outcome, it could be that the smarter crowd that engages here would care more though.
Re: Llama Fund: Crowdfund AI Models
#57Could there be a way to do this without $$$, but rather by providing compute? Similar to folding@home? A hundred thousand people can participate in training.
Re: Llama Fund: Crowdfund AI Models
#58I’m just going to add my color to this since this seems to be devoid of any but the red sun. I like the idea of crowdfunding models. Absolutely. Yes. However, I want to see how that translates to progress. I’m ok even if the model fails at a catastrophic level, but I want to see the progress towards that end for every dollar sourced. The training logs, the assumptions, the cloud spend, the markers, and the fit to the…
Agree, this is something we are working on. Having clear checkpoints with deliverables, which unlock more funding could help here Existing crowdfunding platforms don’t do a whole lot of this and still work which is interesting.
Re: Llama Fund: Crowdfund AI Models
#59Cool idea but why will people put money into something you release as open source? Generally crowdfunding provides some sort of equity or reward?
Yeah that piece is still being worked out. An easy win here is you get a commercial license, but fractional ownership would be very cool
Re: Llama Fund: Crowdfund AI Models
#60Earlier quoted context omitted.
> I spent a fair amount of time on it… That's a red flag for me if true. > …just saying "its bad" isn't really helpful feedback. Not sure if serious, but you can start with these: • Trademark misuse – Legal exposure, identity confusion, invites takedown • Gmail contact address – Unprofessional, lacks credibility, signals amateur status • Anonymous "we" – No trust, no track record, only named person using alt email •…
None of this is actually needed to get validation. Would me having domain email routing somehow make it more legit? No it wouldn’t, I’ve now gotten validation that people like the idea without doing any of that, which is the exact advice that y combinator gives, yet is never followed in HN comments