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Llama Fund: Crowdfund AI Models

llama.fund

61–70 of 78 posts

Re: Llama Fund: Crowdfund AI Models

#61
Training a model is not only expensive, but also technically challenging on a pure engineering level. Cluster management, storage, backups, access, fault recovery, and so forth. While crowdfunding training of a LLM is a nice idea, personally I would not invest in something this "uncooked". Why do you believe you are able to properly manage $5M+ and the infrastructure necessary? I've met several people that believe if you just get the funding the rest is super easy, and it's slightly infuriating.

Apart from that, I agree with the other comments that the website looks unprofessional and llama is a bad name to use for this.

If I would want to give this a shot, I would first get engineers committed with a plan to start as soon as there's funding, set up a non-profit to handle the operation, and make sure that potential investors get the impression I knew what I was doing by providing a full plan and timeline, including addressing the legal challenges (among those, make it clear that the resulting model will be commercially usable and not sued to death. Are you planning on guaranteeing indemnification or do you want to release the model as-is? Etc)

Re: Llama Fund: Crowdfund AI Models

#62
post #43

Earlier quoted context omitted.

To add to the other commenters, in the spirit of providing feedback for the next iteration: - responsivity, the site does not scale well on portrait screens, specifically the email input is shifted to the left and partially off-screen - layout, the header is not vertically aligned. The elements are off-center - design, it looks nice at a first glance but lacks polish. Consider starting with an existing landing page t…

Thanks for the feedback! I would also say this is early stages and I don’t think it’s necessary to have every piece of this solved. This isn’t a fund really it’s crowd funding, and we are looking to gauge interest as we reach out to investors and early clients. I’m generally surprised by how many people on HN don’t follow their advice. Ship early, get validation

What are you shipping here?

Re: Llama Fund: Crowdfund AI Models

#63
post #43

Earlier quoted context omitted.

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

To add to the other commenters, in the spirit of providing feedback for the next iteration: - responsivity, the site does not scale well on portrait screens, specifically the email input is shifted to the left and partially off-screen - layout, the header is not vertically aligned. The elements are off-center - design, it looks nice at a first glance but lacks polish. Consider starting with an existing landing page t…

Its so darn funny that the parent post says that they couldn't take this seriously because they think it was created by lovable (an AI vibe coded) thing

And well it turns out that the author hasn't used AI.

And the next comment I see is yours which "suggest" him to use "AI" for "refining"

This felt so weird on why are you suggesting him AI when the gp accused him of using AI in the first place as an almost deregotary term when he in fact didn't use it, like huh???

Re: Llama Fund: Crowdfund AI Models

#64
post #62

Earlier quoted context omitted.

Thanks for the feedback! I would also say this is early stages and I don’t think it’s necessary to have every piece of this solved. This isn’t a fund really it’s crowd funding, and we are looking to gauge interest as we reach out to investors and early clients. I’m generally surprised by how many people on HN don’t follow their advice. Ship early, get validation

What are you shipping here?

I think that uh they are shipping a platform through which crowdfunding can happen for AI models, which is an inherently cool idea imo.

Man, I understand the implementation might have some rough edges but that's besides the point because the idea is cool, not sure why people are almost picking up on this guy.

Maybe I am wrong, I usually am, but I have been on hackernews for almost an year and HN is usually not like this. Most comments here feel like bully comments, literally being too harsh is not necessary and just reflects our personality back imo.

those are my 2 cents atleast.

Re: Llama Fund: Crowdfund AI Models

#65

Earlier quoted context omitted.

I am building the backend full time for this, I'm serious about it and see it as one of the biggest issues in the ecosystem today. I'm looking to gauge interest in the concept to hopefully raise more to implement it faster. What exactly is wrong about it? I spent a fair amount of time on it and just saying "its bad" isn't really helpful feedback.

I'll take a stab at providing some specifics: - the black text on fog gray background gradient is... not great looking. - What's with the seemingly arbitrary floating red sun? - the name Llama.fund is a bit odd given this is for general LLM models. Thematically it just feels all over the place.

The only valid criticism I feel like is the llama.fund but I mean there is r/localllama which has been a reddit space for discussing open source models. There is ollama which runs open source models so uh :/ yeah

The website can be changed y'know.

Re: Llama Fund: Crowdfund AI Models

#66
post #8

My first thought was "Why the hell is Meta crowd funding their models?!" Neat idea, but I'd change the name

But to be honest, not to defend the author since I also have this complaint but uh literally r/localllama, ollama.

There was a lot of llama hype in the starting tbh, and we all know how naming things is the hardest thing sometimes in software.

Re: Llama Fund: Crowdfund AI Models

#67
post #59

Earlier quoted context omitted.

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.

Man the crypto bros will eat this so hard, the way I see them interact.

They are the peak AI bubble things, slap AI on crypto and boom your chain now has attention when the AI thing might be very shitty and doesn't have much to do with AI anyways but just say/mention AI

Re: Llama Fund: Crowdfund AI Models

#68
post #62

Earlier quoted context omitted.

What are you shipping here?

I think that uh they are shipping a platform through which crowdfunding can happen for AI models, which is an inherently cool idea imo. Man, I understand the implementation might have some rough edges but that's besides the point because the idea is cool, not sure why people are almost picking up on this guy. Maybe I am wrong, I usually am, but I have been on hackernews for almost an year and HN is usually not like t…

I can only speak for myself and here it hits a nerve. Yes, the idea is fine, but the idea is only "crowdfund training", and not how this can be actually and practically implemented. It shows this exact ignorance of people who have no idea about anything but are sure that just with enough funding they can change the world, people just need to see how smart they are. I am not saying that this fully applies to OP, more that this is a regular occurance and can get people rather annoyed, at least it does for me, and thus lead to such harsh and blunt responses.

He "ships" a website with a gmail address and nothing substantial. I could do the same, likely better, in 20 minutes. How could I even tell this from a scam, there is nothing of substance. And the great idea is just obvious and all the painful details to make it work are completely ignored

Re: Llama Fund: Crowdfund AI Models

#69

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

No offense but I feel like the way I am reading this, this is a one person project so saying "we" at this point is a little wrong but might make it more legitimate but still, good luck for the project.

Might create something similar in the future or maybe contribute it to you. Not competition, since the goal is to bring change I suppose.

Transparency really matters in such things I suppose.

What are your thoughts on supporting cryptocurrencies as donation method too? I feel like that there are cryptocurrencies like monero which are truly private and so that might help a little too making the donations more private imo

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