Topic: AI and Blockchain: By 2030 AI Will Contribute $15.7 Trillion to Global Economy (Read 94 times)

ATN (AI Technology Network) Co-Founder Adel Shahin talked to the Shanghai-based blockchain and crypto news site Bitsonline about how ATN plans to open up the AI marketplace to buyers and sellers of all sizes, and stresses the importance of getting into AI: "By 2030, AI will contribute $30 trillion to the global economy".

According to the ATN white paper, the AI industry today is currently suffering from the classic problem of over-centralization. Specifically, the paper notes that the AI industry is mostly run by major players that “tend to isolate themselves from the competition in an attempt to secure their competitive advantage through technology development and access to big data.”

Not only that, but highly-researched and well-designed AI can cost millions of dollars. As such, it may be simply beyond the reach of smaller players. One of the key goals of ATN is to open up this marketplace to buyers and sellers of all sizes.  That way it’s not locked away and only in the domain of the current heavyweights like Google and Facebook.

In addition to operating on Ethereum, the tokens that ATN will use to power its platform will eventually be tradeable across different blockchains. The white paper lists that tokens will be available on Ethereum, QTUM, RSK, and possibly other chains. This will work by offering an exchange of sorts that allows for 1-to-1 swaps of the various tokens within the ATN platform.

One of the design goals for this set up was to allow those who have decentralized applications on alternative blockchains to potentially integrate an AI service through ATN. For instance, if a developer makes an app that runs only on QTUM, they could choose to use QTUM-based ATN tokens to pay for the AI services that they acquire through ATN.

Those interested in AI and blockchain projects can check out the full interview here: https://bitsonline.com/atn-ai-blockchain-interview/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare