Help me see what I’m missing…
Wouldn’t it be a massive negative freeroll for a service provider to participate in this? They are expected to complete work that is usually prepaid prior to being paid with no guarantee that their result will even be “accepted” let alone compensated. And the result is available publicly for anyone else to use for free in perpetuity?
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@PABLOF7z this is where my brain went immediately first too...
yes
service providers will assess/price risk or go bankrupt
Service providers would choose whom to serve, and at what price.
Companies have been managing risk for centuries, it's not new, and reputation analysis is trivial with a public history of npub's behavior (a service like @npub1xdtd...ntxy 's Trust rank would be very valuable)
and the "data compute is publicly available" is an incredibly GOOD thing! why process the same data a dozen times? Once a podcast has been transcribed I can check for existing transcriptions instead of having to transcribe it each time.
This is a feature, not a bug