Blockchain + AI = Decentralized Artificial Intelligence

Siraj Raval discusses artificial intelligence (AI) and blockchain.

He notes that machine learning – AI – is not new. It’s been around since the 1950s.

However, in recent years, one facet of AI, neural networks, has engendered the model of deep learning, which has outperformed all prior machine learning models.

Hence, all big AI advancements noways are coming from neural networks.

In contrast to AI, he describes blockchain as an immutable data structure that no one owns.

Raval depicts AI and blockchain as a ying and yang.

In Chinese philosophy, yin and yang describes how opposite or contrary forces are actually complementary, interconnected, and interdependent in the natural world, and how they give rise to each other as they interrelate to one another.

More specifically, he describes AI (“yin”) as probabilistic (subject to or involving chance variation) and changing, using algorithms to guess at reality.

He describes blockchains (“yang”) as determininistic (forces and factors cause things to happen in a way that cannot be changed) and permanent, using algorithms and cryptography to record reality.

Raval refers to our personal data as the most valuable asset we have and yet we give it away for free to companies in exchange for free services.

Hence, decentralized apps are an important idea, which can also be called web 3.0, which he considers one of the most exciting developments today.

More specifically, he describes decentralized autonomous organizations (DAO) or decentralized apps (Dapp) as a solution to data management.

DAO is a computational process that runs autonomously, on a decentralized infrastructure with resource manipulation. “It’s code that can own stuff.”

Instead of one central authority owning it, the participants have ownership.

Raval states that the future is AI and blockchain.

He also cautions against the downside of decentralized apps using AI and blockchain, such as machines running independent from the control of humans.

Raval ends with a rap about AI and blockchain.

Siraj Raval is a Dapp developer & entrepreneur. He is founder of a crowdfunding platform for developers called Havi, has developed several iOS apps including Meetup, and has worked on a host of open source work.