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Llama Fund: Crowdfund AI Models

llama.fund

51–60 of 78 posts

Re: Llama Fund: Crowdfund AI Models

#51

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.)

You only need a couple million to train a decent 8b model. Doing that at scale would be amazing for the ecosystem

Re: Llama Fund: Crowdfund AI Models

#53

Could 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.

Yeah we want to look at this as well using Prime Intellects work.

It’s not as efficient as raising capital though and collocating it

Re: Llama Fund: Crowdfund AI Models

#54

The tone of these comments is unnecessarily negative. Nice job taking a go at something you feel is important.

Thank you! I’m amazed at how many people are completely opposed to the tenants of YC (or any other accelerator) when this is a YC site

Re: Llama Fund: Crowdfund AI Models

#55

I’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

#56
post #30

Earlier 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…

Sorry too! Rereading my comment it sounds a bit snarky.

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

#57

Could 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.

Look at petals.Collaborative inference and finetuning. Producing tokens nets you pseudo currency which can be used to que jump on generations. This can be bought and sold, resulting in a way to profit from your donation of compute should you want to.

Re: Llama Fund: Crowdfund AI Models

#58

I’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.

Make it look something like GitHub’s contribution grid. Curve balling but I like to see things in logical patterns. If there’s a way to display this information in a way that is easy to assess while also showing momentum is huge. Overall though I love the concept.

Re: Llama Fund: Crowdfund AI Models

#59
post #25

Cool 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

Could probably tokenize it pretty easily and pay dividends from the commercial license sales or something.

Re: Llama Fund: Crowdfund AI Models

#60

Earlier 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

I think your attitude to feedback from people who clearly have more experience than you is off putting and it would incline me to believe you lack the responsibility and grit to see a project like this through.
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