How does Bittensor work? That the question I get to in this video. Bittensor and it's Tao crypto token is simply explained with animations, and without any jargon. I use the analogy of on screen competitions like Americas Got Talent to bring you up to speed on the competitive nature of AI on Bittensor, and how incentive mechanisms drive innovation and quality with Tao crypto token rewards. I also touch on the battle between centralised and decentralised AI. And I give an example of what makes it exciting right now! 00:00 Intro 00:20 Bittensor and Subnets 00:35 On-screen competition analogy - miners 02:01 Subnet creators 02:23 Validators 03:09 Summary of subnet participants 03:25 Inter-subnet competition 04:08 Stakers 04:29 Real world example 05:28 Bittensor - why people are excited
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