Why you want blockchain-based AI, even if you don’t know it yet
Summary
This was when two Microsoft researchers named Banko and Brill discovered something that now seems obvious to all of us: The bigger the data set you’re analyzing by orders of magnitude, the lower the error rates you get. But for certain African-American criminal defendants, the implications can be life-altering: According to both the New York Times and Wired, the use of a proprietary machine-learning system called COMPAS, which is used by courts in many parts of the U.S., actually recommends longer prison sentences for blacks than whites, with all other data points being equal. Now, let’s say Alice has really cracked the code on a powerful AI algorithm that could help marketers, government officials, or environmentalists understand how weather patterns affect energy consumption. SingularityNet, which just closed its hotly anticipated ICO and has a strong leadership team, including AI pioneers Ben Goertzel and David Hanson, aims to be the first AI-as-a-service (AIaaS) blcockhain-based marketplace. The only clear thing is that the winners will be the developers and consumers whose data and intellectual property will be rewarded and whose experiences will be protected from bad or manipulating actors by open, transparent systems.