Usually I write analytical micro-articles and despite the fact that this is a competitive work (https://steemit.com/cryptocurrency/@originalworks/4m2myp-300-steem-40-bonuses-sponsored-writing-contest-effect-ai), I will try not to change my style.
Today I will try to analyze the project, which creates excellent preconditions for the creation of a documentary about the Terminator. It's about the Effect.ai project to create a decentralized cloud platform that facilitates the creation, training, and use of AI (Artificial Intelligence) algorithms.
The project concentrates on solving existing problems:
- Data processing. Training algorithms usually require the presence of people to adjust the results before a new stage of training.
- Diverging Tasks. Many of the tasks to be accomplished require data from different parts of the world, which, in the case of centralized accumulation, will require considerable resources.
- Computational Costs. Finally, in order to apply the developed algorithms, serious computer power is often required, usually using Graphics Processing Units (GPUs).
Within the framework of the project, it is planned to introduce a functional capable of:
- Improve the availability of AI developers to databases and human testers.
- Create an Effect.AI Smart Market (ESM) - a market space in which customers and developers find it easier to looking for each other.
2.1. Users will be able to either buy ready-made solutions that fit them in the framework of the Effect.AI Smart Market (ESM) or create tasks for exactly the solutions that needed.
- Create mechanisms that allow you to combine the functionality / capabilities of various AI algorithms, increasing their functionality multiple times.
EFX tokens will be used to make settlements between the participants of the platform
To whom this platform can be useful and interesting:
- Developers of AI, especially private
- Businesses and people interested in creating AI algorithms to solve their requests.
- People who can act as experts in testing algorithms and earn money for the help provided.
Strengths of the project
- AI algorithms are extremely in demand in many business areas. Market potential is a niche is very large.
- Concentrating on creating a full-fledged infrastructure for creating, learning and selling AI algorithms is a strong business concept.
- Use as a technology platform for smart contracts NEO, not Ethereum (with its well-known current difficulties in transactions)
The fact that Skynet could take revenge
- Not completely understandable system of management of smart contracts, described in sections 2.D, 2.E. and 2.F from White paper
- The declared problems that are planned to be solved using the platform and the proposed functional do not always coincide.
In general, I personally like the idea of the project. As a person who has been interested in AI topics for more than 20 years and who has his own experience, I plan to use the Effect.ai platform to implement my approaches.
Cryptoreviewer
effect.ai2018
