
CEOs from Coinbase and Gemini have voiced strong opinions on the proposed U.S. Crypto Strategic Reserve, arguing that Bitcoin stands alone as the only digital asset that meets the rigorous standards required for a national reserve asset. Following President Donald Trump’s recent announcement that the reserve would include altcoins like Solana, Cardano, and XRP alongside … Continue reading "Bitcoin: The Only Digital Asset Fit for a U.S. Reserve?" The post Bitcoin: The Only Digital Asset Fit for a U.S. Reserve? appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Revolutionary SpeciesNet: Google Unveils AI Model to Transform Wildlife Identification

In the fast-evolving world of technology, where innovations often reshape industries, Google has just dropped a game-changer for wildlife conservation. Imagine harnessing the power of artificial intelligence, the same tech fueling crypto advancements, to protect our planet’s biodiversity. Enter SpeciesNet, Google’s brand-new, open-source AI model poised to revolutionize wildlife identification and monitoring efforts globally. For those keeping an eye on tech breakthroughs, this isn’t just another algorithm; it’s a powerful tool with the potential to significantly impact how we understand and safeguard our natural world. What is SpeciesNet and why is it a game-changer for wildlife identification? For years, researchers have relied on camera traps – those stealthy digital cameras triggered by motion – to peek into the secret lives of animals. These devices are invaluable for studying wildlife populations , but they come with a massive data deluge. Mountains of images can take weeks to manually analyze, slowing down critical conservation work. That’s where SpeciesNet steps in as a transformative force. Think of it as an AI assistant for ecologists. Google’s SpeciesNet AI model is designed to automatically identify animal species from camera trap photos. This isn’t just about saving time; it’s about unlocking faster, more comprehensive insights into biodiversity trends. Launched under Google’s Wildlife Insights initiative, SpeciesNet is already powering analysis tools for researchers worldwide, helping them collaborate and accelerate their vital work. The impact? Quicker understanding of animal distributions, population changes, and the effects of environmental shifts – all crucial for effective conservation strategies. Open Source AI Model: Democratizing Conservation Efforts Google’s decision to make SpeciesNet open source is a pivotal move. What does this mean? It means the technology isn’t locked behind proprietary walls. Instead, it’s freely available on GitHub under an Apache 2.0 license, allowing tool developers, academics, conservation organizations, and even biodiversity-focused startups to leverage its power without hefty restrictions. This democratization of advanced AI tools is crucial for scaling up biodiversity monitoring in natural areas across the globe. Key benefits of open source approach: Accessibility: Wider access for researchers and organizations with varying resources. Collaboration: Encourages community contributions and improvements to the model. Innovation: Sparks the development of new tools and applications built upon SpeciesNet. Transparency: Allows for scrutiny and validation of the AI model’s performance and biases. How does SpeciesNet AI work? The engine behind SpeciesNet’s impressive capabilities is its training dataset. Google claims it has been trained on a staggering 65 million publicly available images , along with contributions from renowned institutions like the Smithsonian Conservation Biology Institute and the Zoological Society of London. This massive dataset allows SpeciesNet to recognize a vast array of species and objects. SpeciesNet isn’t just limited to identifying specific animal species. It can classify images into over 2,000 labels, including: Animal Species: Identifying specific species like lions, elephants, or various bird species. Taxa: Recognizing broader taxonomic groups such as “mammalian” or “Felidae” (the cat family). Non-animal Objects: Differentiating between animals and other objects like “vehicle” or “human.” This granular level of classification is essential for accurate data analysis in ecological studies. Researchers can use SpeciesNet to quickly filter out irrelevant images and focus on the valuable wildlife data captured by their camera traps . The Benefits of SpeciesNet for Researchers and Conservationists The advantages of utilizing SpeciesNet are numerous and impactful for the conservation community: Benefit Description Accelerated Data Analysis Significantly reduces the time spent manually sorting and identifying animals in camera trap images, freeing up researchers for other critical tasks. Increased Data Volume Processing Enables researchers to handle and analyze larger datasets, leading to more comprehensive and robust ecological studies. Improved Accuracy and Consistency AI-driven identification reduces human error and ensures consistent species classification across large datasets and multiple researchers. Enhanced Collaboration Facilitates data sharing and collaborative analysis through platforms like Wildlife Insights, powered by SpeciesNet. Cost-Effectiveness Reduces the need for extensive manual labor, making wildlife monitoring more affordable and scalable, especially for under-resourced organizations. Challenges and Considerations in AI-Driven Wildlife Monitoring While SpeciesNet offers immense potential, it’s important to acknowledge the challenges and considerations that come with AI-driven wildlife identification : Data Bias: AI models are trained on data, and biases in the training data can lead to inaccurate or skewed results. Ensuring diverse and representative datasets is crucial. Accuracy Limitations: While powerful, AI is not infallible. SpeciesNet’s accuracy may vary depending on image quality, species rarity, and environmental conditions. Human verification might still be necessary in some cases. Technological Infrastructure: Effective implementation of SpeciesNet may require access to adequate computing resources and technical expertise, which could be a barrier for some researchers or organizations in remote areas. Ethical Considerations: As AI becomes more integrated into conservation, ethical guidelines are needed for data privacy, responsible AI deployment, and avoiding unintended consequences. SpeciesNet vs. PyTorch Wildlife: A Quick Comparison of AI Tools Google’s SpeciesNet isn’t the only player in the field of AI tools for camera trap analysis. Microsoft’s AI for Good Lab maintains PyTorch Wildlife, another open-source framework. While both aim to automate animal detection and classification, there are some differences. Key differences: Provider: SpeciesNet is from Google, PyTorch Wildlife is from Microsoft. Framework: SpeciesNet is presented as a specific model, while PyTorch Wildlife is a broader framework offering pre-trained models and tools. Focus: Both focus on wildlife identification , but PyTorch Wildlife might offer more flexibility for customization and fine-tuning due to its framework nature. The existence of multiple open-source AI models like SpeciesNet and PyTorch Wildlife is beneficial for the conservation community, offering choices and fostering innovation in this critical area. The Future of AI Model in Biodiversity Conservation SpeciesNet represents a significant leap forward in leveraging AI model technology for biodiversity conservation. As AI continues to advance, we can expect even more sophisticated tools to emerge, capable of analyzing not just images, but also audio and video data from the field. Imagine AI systems that can: Real-time Wildlife Monitoring: Analyzing data streams from camera traps and sensors in real-time to detect poaching events or track animal movements dynamically. Predictive Modeling: Using AI to predict biodiversity loss risks and inform proactive conservation interventions. Citizen Science Integration: Empowering citizen scientists to contribute to wildlife monitoring efforts through AI-powered image analysis apps. The journey of using AI for wildlife identification is just beginning. With tools like SpeciesNet leading the way, we are moving towards a future where technology plays an increasingly vital role in understanding, protecting, and preserving our planet’s precious biodiversity. To learn more about the latest AI trends, explore our articles on key developments shaping AI features. Cryptoknowmics

Ethereum Tanks to 16-Month Low as Analysts Predict Plunge to $1,200
Crypto markets have lost more than 12% or almost $400 billion since the Sunday peak, and one of the largest losers has been Ethereum. ETH prices crashed to their lowest levels in 16 months, plunging 15% to $2,035 during early trading in Asia on Tuesday morning. The last time ETH traded below $2,000 was in November 2023, as the asset was slowly thawing from crypto winter. Ethereum has now returned to bear market levels and has dumped 50% since it tapped $4,000 in early December 2024. ETH Death Predicted Analyst ‘Nebraskangooner’ looked at the monthly timeframe chart and identified a double-top formation before predicting that prices would break down to the $1,200 level. This would send ETH back to bear market lows from late 2022 when it bottomed out at around $1,100. $ETH Monthly double top confirmed. Measured pattern breakdown target is somewhere close to $1200 https://t.co/2T4JCzBloh pic.twitter.com/mM29h3LOtI — Nebraskangooner (@Nebraskangooner) March 4, 2025 Analyst Dana Marlane commented that Ethereum has broken its uptrend and “appears to have confirmed a double top that could take price back to $1,000.” The ETH angst was shared among other analysts. “Ethereum may genuinely be one of the worst charts I have ever seen,” said Arete Capital managing partner McKenna. Ethereum may genuinely be one of the worst charts I have ever seen. pic.twitter.com/4nOWi0ZuyH — McKenna (@Crypto_McKenna) March 3, 2025 The ‘Anonymous Crypto Predictions’ feed said that ETH needed to close above the 200-week moving average as it did last week. This long-term trend indicator is currently around the $2,500 level, and ETH is well below that. Additionally, the ETH/BTC ratio, or price of ether in terms of bitcoin, fell to a five-year low of 0.024 this week as the asset tanked. #Ethereum – The key level to watch is the 200 weekly (black line). We need to close back above that like we did last week. Expect lots of manipulation and volatility. pic.twitter.com/aIskRebYqV — Anonymous | Crypto Predictions (@Crypto_Twittier) March 4, 2025 Flight to Risk-Off Many were questioning why crypto was crashing in such a bullish environment in the United States following years of being persecuted under the Biden administration. The Kobeissi Letter explained that the real driver here is the global move towards the risk-off trade and assets. “As trade war tensions rise and economic policy uncertainty broadens, ALL risky assets are falling. This was seen in stocks, crypto and oil prices, which all fell sharply today.” Moreover, Bitcoin is no longer seen as a store of value, having decoupled from gold, which hit an all-time high in late February. When Bitcoin falls, the digital lemmings follow, and Ethereum has been the first off the cliff. What is happening with crypto? Crypto markets are now worth -$100 billion LESS than they were prior to the US Crypto Reserve announcement. Over the last 24 hours, crypto has erased -$500 BILLION of market cap in a massive reversal. Here’s what you need to know. (a thread) pic.twitter.com/xlsqsnQKKd — The Kobeissi Letter (@KobeissiLetter) March 4, 2025 The post Ethereum Tanks to 16-Month Low as Analysts Predict Plunge to $1,200 appeared first on CryptoPotato . Cryptoknowmics