Tech conglomerate Cisco and blockchain firm SingularityNet have joined forces to develop a super artificial intelligence. They call this applied artificial general intelligence (AGI) technologies. In laymen's terms this means they will create computers that can reason in uncertain situations. For example, they can plan and communicate in a natural language.
AGI is an aspect of artificial intelligence technology that concentrates on intellectual tasks of which humans are capable. Insiders also refer to this as 'strong AI'. This way computers can come up with a solution even though the outcome is uncertain. For example, AI will be able to string sentences together and then write a novel.
For SingularityNet this partnership with Cisco is good news. Dr. Ben Goertzel, CEO of the blockchain AI company, sees lots of potential in working with Cisco. “To really build a global decentralized thinking machine we are going to need to put a lot of complicated ingredients together, and the collaboration between Cisco and SingularityNET has the potential to accelerate things tremendously,” Goertzel said to Coin Rivet.
SingularityNET founders Dr Ben Goertzel and Cassio Pennachi wrote about the concept of AGI in a 2005 book titled “Artificial General Intelligence”. Only in recent years the technolgy is beginning to become commercially interesting. This resulted in Google buying Deep Mind in 2014 for $600 million, and Microsoft investing $1 billion in OpenAI earlier this year.
SingularityNet has always been one of the high-end tech products in the blockchain space. The company has the ambition to deliver a worldwide decentralized AI network. As a result anyone can create, share, and monetize AI services at scale. The Sophia robot is one of the company's first uses-cases.
This May the company also announced a partnership with pizza company Domino's. Together with SingularityNet's AI technology they want to improve their delivery operations. SingularityNet’s AI algorithms allow the pizza company to explore their options and their efficiencies at scale.
Jimmy Fallon meets Sophia (2017)
