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EXCLUSIVE: Promising Use Cases for AI and Blockchain with SingularityNET CEO Ben Goertzel – Forum Energy Technologies (NYSE:FET)
Ben GoertzelCEO of SingularityNET Tuesday shed light on the promises use cases for artificial intelligence and blockchain technology in the near future, stating that the most significant impact will be felt on the finance, healthcare and entertainment sectors.
In an interview with Benzinga, Goertzel highlighted the ethical and democratic deployment of Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) through the newly formed Alliance for Artificial Superintelligence.
This alliance aims to counter Big Tech’s narrow focus by promoting a diverse range of AI algorithms that work together, promoting robust AI systems with a wide variety of capabilities.
Ethical distribution and democratization of artificial intelligence
Goertzel highlighted the ASI Alliance’s ethical approach to fairly compensating individuals for their data contributions, unlike the often exploitative practices of Big Tech.
“Let’s promote a greater diversity of AI algorithms, all working together, rather than focusing on a small set of algorithms like Big Tech is doing,” he said.
This approach involves using a variety of computing resources, from home computers to data centers, ensuring a decentralized network for advanced AI purposes.
Challenges and overcoming barriers to adoption
Addressing the challenges of developing decentralized AI systems, Goertzel noted: “We have already overcome all major technical challenges in creating decentralized AI protocols with a high level of transparency and security.”
The main obstacle now is growing adoption in a market where Big Tech has already secured significant sharing of ideas and financial resources.
Benzinga’s The future of digital assets will explore how emerging Internet technologies will continue to intertwine and enhance the digital asset ecosystem in a separate agenda item.
Technical and strategic benefits of token mergers
The merger of FET FET/USD, OCEAN OCEAN/USD e AGIX AGIX/USD tokens into a single $ASI token represents a strategic move to create unprecedented scale and power in the AI ecosystem.
Goertzel explained: “Ocean Protocol excels at decentralized data management, Fetch.ai has an advanced approach to decentralized agent systems, and SingularityNET has focused on decentralized infrastructure for general intelligence.”
This integration will accelerate the path to decentralized AGI by effectively managing data and connecting with commercial applications.
Applications in various sectors
The decentralized neural-symbolic AGI system developed by the alliance is expected to have significant impacts in the fields of finance, healthcare and entertainment.
Goertzel emphasized that such a system will excel in areas that require creativity and complex multi-step reasoning, making it extremely valuable in industries where precision and innovation are key.
“For any business or humanitarian application where the truth is important and AI ‘hallucinations’ are not acceptable, this type of system will have significantly greater economic and customer value,” he said.
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Ensure the ethical use and development of AGI
Goertzel believes that decentralized AI systems are inherently more trustworthy and ethical than centralized ones.
“Decentralized systems have more people with a sense of personal ownership in the performance of the ethical system than centralized ones,” he said, highlighting the importance of diverse involvement in evaluating and improving ethical behavior.
Engage communities and address regulatory challenges
Engaging and gaining the trust of your respective communities is critical to the success of the alliance. Goertzel noted that their communities understand the need to join forces to compete with Big Tech’s centralized AI systems.
Regarding regulatory challenges, he said: “Regulators are more comfortable with blockchain networks that are more fully decentralized,” suggesting that the alliance’s decentralized approach will help overcome these complexities.
Promising use cases and future prospects
The alliance envisions numerous promising use cases for decentralized AI in various vertical markets.
Projects like Galaxy Jam, Mind childrenAND Rejuve.AI they are applying decentralized AI to music, robotics, media, and medical applications, respectively.
The alliance’s foundational technology is well positioned to serve as decentralized AI infrastructure across these verticals and more.
As the ASI Alliance advances toward a future where machines far surpass human intelligence, Goertzel envisions a transition to an open, decentralized, and democratized economy driven by powerful AI systems.
“The ASI Alliance is ideally configured to play a leadership role in the coming transition to an economy driven by artificial intelligence systems that are at once more powerful, more democratic and open than anything we see today,” he said.
The discussion with Ben Goertzel is in line with the topics to be explored by Benzinga The future of digital assets event on November 19, where industry leaders will delve into the evolving landscape of digital assets and AI integration.
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