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The Significance of User-Owned AI and NEAR Protocol's Emphasis on Practical Applications
NEAR’s co-founder Illia Polosukhin shares the need to shift from corporate-owned AI to models that benefit individuals and communities.
ABOUT
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This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Illia Polosukhin, co-founder of NEAR Protocol. Polosukhin discusses the intersection of AI and blockchain technology, explaining how NEAR Protocol began as an AI project and evolved into a blockchain platform to address issues related to compensating collaborators.
Takeaways
- NEAR Protocol started as an AI project and transitioned into a blockchain platform to address the challenge of paying collaborators.
- User-owned AI is crucial to ensure that AI models and systems benefit individuals and communities, rather than just corporations.
- Data availability is a fundamental component of blockchain technology, ensuring that all transactions are accessible and can be used to reconstruct the state of the blockchain.
- Chain abstraction allows users to interact with multiple blockchain networks without needing to understand the underlying technology or worry about transaction fees.
- NEAR Protocol is focused on solving real problems and finding use cases that drive the adoption of blockchain and AI technology.
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EPISODE LINKS |
Enter the Black Dragon: NEAR Co-Founder Joins the NEAR Foundation as CEO
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
HOSTS
Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.

Sam is CoinDesk's deputy managing editor for tech and protocols. His reporting is focused on decentralized technology, infrastructure and governance. Sam holds a computer science degree from Harvard University, where he led the Harvard Political Review. He has a background in the technology industry and owns some ETH and BTC. Sam was part of the team that won a 2023 Gerald Loeb Award for CoinDesk's coverage of Sam Bankman-Fried and the FTX collapse.

Bradley Keoun is CoinDesk's managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team. A two-time Loeb Awards finalist, he previously was chief global finance and economic correspondent for TheStreet and before that worked as an editor and reporter for Bloomberg News in New York and Mexico City, reporting on Wall Street, emerging markets and the energy industry. He started out as a police-beat reporter for the Gainesville Sun in Florida and later worked as a general-assignment reporter for the Chicago Tribune. Originally from Fort Wayne, Indiana, he double-majored in electrical engineering and classical studies as an undergraduate at Duke University and later obtained a master's in journalism from the University of Florida. He is currently based in Austin, Texas, and in his spare time plays guitar, sings in a choir and hikes in the Texas Hill Country. He owns less than $1,000 each of several cryptocurrencies.

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