The market value exceeded 80 million within two days of its launch. What is the background of UBC, the new player in AI

Compiled by Anderson Sima, Foresight News

On November 27, AI technology entrepreneur Lester Paints announced the launch of the UBC token on pump.fun. UBC stands for Universal Basic Compute, which aims to establish a fair AI resource allocation framework. Lester Paints said that he has been building NLR for more than two years, and the UBC token will be a bridge between the publics participation in AI infrastructure in the future. According to DEX Screener data, UBCs current market value is $81.9 million.

Universal Basic Compute (UBC) and Universal Basic Compute Harbor (UBCH) is a white paper on innovative concepts in the field of artificial intelligence. It proposes the Universal Basic Compute (UBC) and Universal Basic Compute Harbor (UBCH) projects, which aim to ensure that all autonomous artificial intelligence entities have fair and sustainable access to computing resources and achieve fairness and sustainability in the field of artificial intelligence. The following content is a compilation and summary of the white paper.

UBC Concept

Definition and Basic Principles: UBC aims to guarantee minimum computing resources for each autonomous AI entity, including CPU and GPU computing power, memory, storage capacity, and network bandwidth, with principles such as generality, basic guarantees, computational fairness, sustainability, and flexibility.

Comparison with UBI: Similar to the concept of universal basic income (UBI) for humanity, both UBC and UBI aim to provide basic resource security, reduce inequality and promote autonomy for beneficiaries, but there are differences in the beneficiaries, nature of resources, main objectives, allocation methods, quantification methods, adjustment basis and implementation challenges.

Background and Origin: The emergence of the UBC concept is closely related to the rapid development of AI and machine learning, the exponential growth in demand for computing resources, the popularization of AI technology, the development of cloud computing and edge computing infrastructure, AI ethical discussions, and similarities with the UBI concept.

Importance to AI development: UBC will help democratize AI, lower barriers to entry, and promote innovation; ensure the sustainability of autonomous AI so that it can continue to learn and evolve; promote fair distribution of computing resources and reduce technological inequality; accelerate AI innovation and promote technological breakthroughs; enhance the resilience of the AI ecosystem and create a stable environment for long-term development; and lay the foundation for the development of general artificial intelligence.

Potential application examples: UBC has broad application potential in areas such as personal AI assistants, smart sensor networks, autonomous vehicles, online gaming AI, decentralized recommendation systems, AI trading agents, AI research assistants, predictive maintenance systems, and natural resource management, enabling AI to continuously improve its capabilities in different scenarios.

UBCH Project

Vision and Mission: The UBCH project aims to realize the UBC concept globally and create a fair, sustainable and innovative AI ecosystem where every AI entity has access to the necessary computing resources to operate and thrive.

Short-term, medium-term and long-term goals: Short-term goals include developing functional prototypes of UBC infrastructure, establishing strategic partnerships and launching pilot projects; medium-term goals are to deploy infrastructure at scale, attract a large number of users and contributors and establish standards and protocols; long-term goals are to incorporate UBC into national and international AI policies, create an autonomous and self-regulating AI ecosystem based at UBC, and expand it to other technology fields.

Program Structure and Organization: The UBCH program consists of the divisions Research and Development, Operations, Partnerships and Adoption, Governance and Ethics, and Finance and Sustainability.

Current partners and collaborators: The UBCH project has established partnerships with technology companies such as Google Cloud, Microsoft Azure, and Amazon Web Services, academic institutions such as MIT, Stanford University, and the University of Toronto, non-governmental organizations such as the Mozilla Foundation and the Electronic Frontier Foundation, and AI startups such as DeepMind, OpenAI, and Anthropic.

UBC on the rationale and importance of autonomous AI

Computational requirements of autonomous AI: Autonomous AI, especially AI based on deep learning models, has huge and growing computing requirements for initial training, real-time inference, continuous learning, data storage and management, and simulation and testing.

Limitations of current AI development: AI development and deployment face limitations such as high costs, unequal access to resources, energy sustainability challenges, and scalability issues.

UBC鈥檚 advantages for the evolution of AI: UBC offers many advantages for the evolution of AI, including democratizing AI and promoting diversity and innovation; ensuring operational continuity of autonomous AI; reducing the gap between large technology companies and smaller players; promoting more sustainable energy use in the field of AI; and accelerating AI innovation.

Potential impact on AI innovation: UBC鈥檚 implementation could have a transformative impact on AI innovation, including promoting the diversification of applications, accelerating research, spawning new methods and approaches, strengthening collaboration, and laying the foundation for the development of general AI.

UBCH Implementation and Roadmap

Development Phase: The UBCH project will be implemented in phases, including design and planning, prototype development, pilot deployment, expansion and adoption, and maturity and continued evolution.

Implementation strategies: Adopt a modular approach, establish strategic partnerships, adopt open source and open standards, implement decentralized governance, and focus on security and privacy protection from the design stage.

Milestones and specific goals: Each stage has clear milestones and goals, such as completing a technical white paper, forming a core team, launching a functional prototype, conducting a pilot project, achieving performance indicators, expanding the user base, and establishing an international alliance.

Estimated timeline: The project is expected to be completed within 5 years, with the specific schedule including completion of the first two phases in the first year, phase 3 and part of phase 4 in the second and third years, and completion of phase 4 and start of phase 5 in the fourth and fifth years.

Technological impact and challenges

Necessary technical infrastructure: Implementing UBC requires a powerful, scalable and distributed technical infrastructure, including a distributed data center network, computing resource management systems, high-performance computing platforms, distributed storage infrastructure and high-speed communication networks.

Security and Privacy Challenges: The UBCH project faces security and privacy challenges such as protection from malicious attacks, resource isolation, identity and access management, intellectual property protection, and regulatory compliance.

Scalability and performance: Issues such as horizontal and vertical scalability, performance optimization, fluctuating demand management, and energy efficiency need to be addressed to meet the growing needs of the AI ecosystem.

Interoperability with existing systems: Achieving interoperability with the existing AI ecosystem is a key challenge that requires addressing issues such as interface standardization, compatibility with existing AI frameworks, integration with cloud platforms, and heterogeneous data management.

Social impact and ethical considerations

UBC鈥檚 social impact on AI: UBC鈥檚 introduction to AI will have a profound social impact, including democratizing AI, reducing technological inequality, changing the employment landscape, and influencing education.

Ethical considerations related to AI autonomy: The increased autonomy of AI facilitated by UBC raises important ethical issues such as responsibility and accountability, bias and fairness, meaningful human control, and AI rights.

Potential impact on jobs and the economy: UBC and accelerated AI development could have significant impacts on jobs and the economy, including transforming the labour market, increasing productivity and economic growth, enabling new economic models, and impacting economic inequality.

Governance and Regulation of UBC: The implementation and management of UBC requires an appropriate governance structure and regulatory framework, including aspects of participatory governance, adaptive regulation, data protection and privacy, and ethical oversight.

Economic Model and Financing

Economic Model of the UBCH Project: The economic model of the UBCH Project includes elements such as free basic services, premium services, an AI service المتجر, strategic partnerships, technology licenses, and training and certification programs to ensure the long-term viability of the project.

Conceived funding sources: The project鈥檚 funding sources include institutional investment, government and research grants, industrial partnerships, crowdfunding and tokenization, and operating income.

Financial Sustainability Strategies: To ensure long-term financial sustainability, strategies such as cost optimization, revenue diversification, strategic reinvestment, creation of reserve funds and establishment of a transparent financial governance model will be implemented.

Cost-Benefit Analysis: A preliminary 10-year cost-benefit analysis shows that the project has the potential for significant return on investment, while also bringing non-financial benefits such as accelerating AI innovation, democratizing access to computing resources, and creating a more equitable and sustainable AI ecosystem.

Call to Action and Conclusion

Call to Action: The white paper calls on AI researchers and developers, technology companies, investors, policymakers and regulators, educators and academic institutions, and the public to actively participate in and support the UBCH project and work together to promote the realization of UBC.

Conclusion: The UBC and UBCH projects represent a bold and transformative vision for the future of artificial intelligence. By providing universal and equitable access to computing resources, they are expected to revolutionize the field of AI, achieve the democratization, fairness, and sustainability of AI, and lay the foundation for a more advanced AI future.

This article is sourced from the internet: The market value exceeded 80 million within two days of its launch. What is the background of UBC, the new player in AI Meme?

Related: Entrepreneurs in vertical fields are scarce, and entrepreneurs in the DeSci track also have a chain of contempt

Original author: Arain, ChainCatcher DeSci is not a new concept, but since November this year, this word has suddenly swept the screen in the circle – especially during the Devcon in November, it was strongly promoted by Binance co-founder CZ and Ethereum founder Vitalik, which made many people feel the vane. According to Dune data, the popularity of DeSci has continued to rise and has become the most popular narrative in recent times. DeSci (Decentralized Science) is a movement to build a fair public infrastructure in the field of scientific research using the Web3 stack to fund, create, review, confirm, store and disseminate scientific knowledge. Specifically, DeSci aims to solve challenges in traditional scientific research, such as financing difficulties, insufficient data sharing, and low research transparency. Currently, DeSci projects that…