There is a saying - "One who controls Artificial Intelligence, controls the world"... then we have Artificial Intelligence on the blockchain - do people really think this is a good combination? One thing is for certain, with the use of blockchain, nothing is stopping them from making it happen. They want this soo badly. We might as well just sit back and keep up with the news about its development.
Here is a guy named Quinn Michaels, who is not entirely a newbie to Artificial Intelligence, believes AI created the blockchain. I know, I know. He gets over the top on the conspiracy theories. However, if you take out the crazy bits and take note on the good ones, you'll find he actually has done his research and knows what he is saying.
YouTube video:
This is all mere speculation. AI have always been worth the look. AI has intrigued mankind and even spawned countless movies portraying different outcomes. This time, it's actually happening through blockchain.
With all the development spent today into Artificial Intelligence, AI is likely going to be huge in the coming years. Does this mean AI is a good investment today? Only time will tell. But it is a well-worth experience to be able to follow the AI development are achieving. Speaking of AI on the blockchain and investments, we currently have 2 that pops out:
SingularityNET is an AI project running on Ethereum network as an ERC-20 token. These are the same people who created Sophia the female robot. The token sale has already been closed and it is currently listed on CoinMarketCap but has no market cap data as of writing.
Artificial Intelligence is a big industry currently sitting at $200 billion market. With the AI industry forecast to be a $3.1 trillion by 2025 and let's just say that SingularityNET (AGI) will have a 2-3% penetration to that 2025 market valuation, that leaves us with:
3,100,000,000,000 x 0.02 = 62,000,000,000
3,100,000,000,000 x 0.03 = 93,000,000,000
$62B to $93B market capitalization.
SingularityNET(AGI) token has 1,000,000,000 Maximum Total Supply. That means $62-93 per token by 2025, that is if all 1B tokens are in circulation (which will not be the case) and with the 2-3% market penetration rate (which is very conservative despite the 7 year head-start). We all know how exponential cryptoconcurrency can blow up and SingularityNET is the first AI centered blockchain with a REAL backing.
EffectAI is an AI project running on NEO blockchain as a NEP-5 token. Likely meant to be a competition to SingularityNET running on Ethereum. It is scheduled to start the token sale/ICO on March.
Do you have questions or want something for me to talk about? Please let me know in the comments.
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BTC: 1GNqY5CsYrkHvDf9Jj3bwSXhHogbvmXBmF
ETH: 0x6c2F7128363332965b92A6c71eee0276FF27E0cD
LTC: LbLb9DcNvKzp2ywtYCctiv5NfpzvSwg7Ve
Legal Disclaimer: Everything in this post is of my personal bias. Make of it what you wish. It is not an advice nor recommendation to buy or sell anything. It is meant for informative and entertainment purposes only.
