RE: On Hive: We Can Build Tens of MIllion In Value

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RE: On Hive: We Can Build Tens of MIllion In Value

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jacobpeacock in LeoFinance • 11 months ago

A lot of the Web2 data (in the databases) is total trash given the high volume of worthless opinions, memes, shit-postings and such. They also focus on storing users behavioral, shopping and location data instead because that is what they can either directly sell or use for advertising purposes.

The focus should definitely be on creating useful data and useful databases... which contain actual useful information. As far as training data goes (for AI) most of the Web2 databases have nothing to offer.

11 months ago in LeoFinance by jacobpeacock

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taskmaster4450le 11 months ago

Add another layer to the analysis.

That same data is fed into LLMs. Look at Twitter. Very little of that is "quality" yet it was used to train Grok. The same is true for the Meta family.

I agree our first focus is to fill our databases with stuff that is useful. Sadly, Web3 databases are trash too.

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jacobpeacock 11 months ago (edited)

Will do with adding another layer to the analysis... or several layers for that matter.

Agreed on the Web3 databases being mostly trash also. Perhaps if the bar for content was based on the quality of the content... instead of how much stake the content creator has... things would be different.

EDIT: @taskmaster4450 The data does not lie: https://inleo.io/@dalz/top-hive-earners-by-category-or-authors-curators-witnesses-dao-hbd-interest-or-november-2023

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taskmaster4450le 11 months ago

So we can conclude that Web3 databases are, in many ways, following Web2. That is simply the nature of things it seems.

However, there were some in Web2 who built more than just the garbage. So far, we do not see a great deal of that on Web3. Imagine being given free infrastructure (only requiring RC to write to the network) and ignoring it.

In Web2, people pay for their infrastructure.

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jacobpeacock 11 months ago

Maybe the jury is still out on that one given Web3 is still in its infancy.

Unsure on the RC thing but will assuredly mull your words over in an effort to gain understanding.

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