“It’s good at answering Bitcoin and economics-related questions, at least better than GPT-4”, Aleksandar Svetski tells Cointelegraph at a bustling Bitcoin Amsterdam.
The entrepreneur, author and founder of Spirit of Satoshi, a novel AI large language model (LLM), begins to unpack the arduous journey his small startup has undertaken to create its Bitcoin-centric AI chatbot.
The model is the result of a time-consuming training process to generate responses based on reputable Bitcoin resources, the Austrian school of economics and libertarian ideals. Still in its infancy, Spirit of Satoshi reflects ideals from a “well-curated Bitcoin corpus” including resources like Saifedean Ammous’ best-seller The Bitcoin Standard.
Svetski explains that the major difficulty in building the model was not just curating relevant sources of information from books, research papers to podcasts, but guiding the model to generate responses through an exhaustive training process. He adds that a common misconception of LLMs is that they’re sourcing information like a search engine:
“They are just probabilistically stringing words together in a way that is representative of the patterns within the model. So it’s not even sourcing anything.”
It’s part of the reason why AI chatbots tend to “hallucinate” from time to time, Svetski explains, and why developing an LLM requires a focus on training it on a style of answering. Spirit of Satoshi is by no means perfect either, at least not in its current iteration:
“Our model will also hallucinate. It’s also going to talk shit, but it’s going to say something more like a Bitcoiner would say.”
Having established a broad but targeted base of Bitcoin-centric information and data, Svetski’s team has set about feeding the model tens of thousands of questions and answer pairs using programmatic methods. However, a human element is still required to help Spirit of Satoshi generate responses that might have come from its namesake.
The ongoing development of the model is leaning on the wider Bitcoin community as a result. Spirit of Satoshi employs an incentive process that allows the public to verify, create and validate data for the model.
Using credentials from the Lightning Network, Nostr or email addresses, a “proof of…