According to Bankless, the challenge of achieving fully homomorphic encryption at a frontier scale remains years away. However, the threshold for achieving "good enough" solutions in private AI has recently decreased. The development suggests that smaller models may offer a more immediate path toward addressing the private AI problem, potentially providing viable encryption solutions in the near term.

According to Bankless, the challenge of achieving fully homomorphic encryption at a frontier scale remains years away. However, the threshold for achieving "good enough" solutions in private AI has recently decreased. The development suggests that smaller models may offer a more immediate path toward addressing the private AI problem, potentially providing viable encryption solutions in the near term.