Artificial Intelligence - page 2. | Bitcointalksearch.org

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: dreamHeaven on March 20, 2018, 06:07:33 AM

Welcome to the world where robotics and AI is changing a lot of things. I feel it would assist a lot than becoming an enemy anyway as it could at least help make a lot of processes faster and make humans lazy eventually. But I doubt in near future AI will be enough capable to tackle the market fluctuations to get one trader accurate predictions. It will take more time before we can use AI for trading.

Actually market price prediction is already being a subjected to an AI experiment. This is fitted to be used in AI experiment since market price is just based on move in exchange price. But I disagree about OP news regarding ICO review since AI will just review it base on the standard that their program set it and what if the standard set by the programmer is very poor. It will cause a danger for all the investor

dreamHeaven

jr. member

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Welcome to the world where robotics and AI is changing a lot of things. I feel it would assist a lot than becoming an enemy anyway as it could at least help make a lot of processes faster and make humans lazy eventually. But I doubt in near future AI will be enough capable to tackle the market fluctuations to get one trader accurate predictions. It will take more time before we can use AI for trading.

wuvdoll

legendary

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Quote from: lite on March 13, 2018, 02:15:42 PM

Quote from: gloriam5 on March 13, 2018, 10:10:30 AM

Artificial intelligence on the side of justice. A group of scientists from Michigan, Stanford and the University of California developed the ICORATING algorithm, which is capable of detecting ICO scammers with an accuracy of 83%.
The algorithm examined more than 2000 ICO projects, life expectancy and price changes for the crypto currency, whitepaper, constituent team, GitHub repository, websites and other information from the network.
This development should greatly help investors safely invest their capital in a truly existing and profitable ICO, and also analyze and give an overall assessment of the market.

Are you one of the team member who developed this AI or algorithm? i tried searching for an article on this, but couldn't find anything. would you mind sharing more information or an article (if there is one).

I really would not mind getting some information on this as well. However 83% accuracy sounds a little bit low. 17% is a lot and knowing that there may be some error in spotting some good ones to be bad ones within this few percentage is not a good one.

All the above, if it is for real, it should at least help in a way for the investors who may care anyway but I feel for me to be able to use this, it should be 99 or nothing. Come on! I have even been doing better with 100% accuracy so far in detecting scams, but not the life expectancy thing though. Grin

13abyknight

sr. member

Activity: 602

Merit: 252

Quote from: gloriam5 on March 13, 2018, 10:10:30 AM

Artificial intelligence on the side of justice. A group of scientists from Michigan, Stanford and the University of California developed the ICORATING algorithm, which is capable of detecting ICO scammers with an accuracy of 83%.

This is just amazing work by whoever was behind creating the algorithm as this will surely help in weeding out the scams from the truly potential ICOs. 83% accuracy is pretty decent considering the number of ICOs that have been turning out to be scams in recent days.

Quote from: gloriam5 on March 13, 2018, 10:10:30 AM

The algorithm examined more than 2000 ICO projects, life expectancy and price changes for the crypto currency, whitepaper, constituent team, GitHub repository, websites and other information from the network.
This development should greatly help investors safely invest their capital in a truly existing and profitable ICO, and also analyze and give an overall assessment of the market.

Definitely going to sort out most of the the general queries of investors regarding projects scaling into the future. Taking the most important things into consideration while also cross verifying sources is just the way to go in finding the shady ones and putting them on a blacklist by alerting investors about the same.

quality.crypto

member

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Quote from: slashz9 on March 16, 2018, 06:23:27 AM

wow it looks good, I'm glad if it really exists, because now there are so many people are not responsible for the ico he made, they just make a fake web like phishing or the like then just disappear, I would strongly support it if the project is true .

We have to be very careful with those websites because nobody doesn't know but they seem to be very interesting, they will design the website, whether they have good vision in terms of technology and at last after raising enough money they went into scams.

eternalgloom

legendary

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Merit: 1283

I think I've found the correct source for this news: https://thenextweb.com/artificial-intelligence/2018/03/13/bad-news-for-most-cryptocurrency-companies-ai-can-tell-if-your-ico-is-a-scam/

This article is pretty in-depth and it does seem that the research done is legitimate.

From the article:

Quote

By analyzing 2,251 ICO projects, we correlate the life span and the price change of a digital currency with various levels of its ICO information, including its white papers, founding team, GitHub repository, website, etc. For the best setting, the proposed system is able to identify scam ICO projects with a precision of 0.83 and an F1 score of 0.80.

And this is encouraging, even if it isn’t revolutionary. This particular paper showcases an algorithm-based system that essentially automates what savvy investors are already doing by seeking out publicly available information that draws an overall picture of a coin. This is good for a couple of reasons, as the team points out:

Compared against human-designed rating systems, ICORATING has two key advantages. (1) Objectivity: a machine learning model involves less prior knowledge about the world, instead learning the causality from the data, in contrast to human designed systems that require massive involvement of human experts, who inevitably introduce biases. (2) Difficulty of manipulation by unscrupulous actors: the credit rating result is output from a machine learning model through black-box training. This process requires minor human involvement and intervention

It's definitely interesting that they've already have an 80% success rate and I agree with them that a system like this has many advantages over human-designed systems.

malikusama

copper member

Activity: 1050

Merit: 294

Provide the links or references from where you got the news about this particular algorithm, app or whatever it is?
And how you got the figure of 83% accuracy?, BTW the idea is impressive and helpful to restrict the scammers in the market.

slashz9

full member

Activity: 1554

Merit: 101

wow it looks good, I'm glad if it really exists, because now there are so many people are not responsible for the ico he made, they just make a fake web like phishing or the like then just disappear, I would strongly support it if the project is true .

haroldtee

sr. member

Activity: 644

Merit: 299

Quote from: lite on March 13, 2018, 02:15:42 PM

Quote from: gloriam5 on March 13, 2018, 10:10:30 AM

Artificial intelligence on the side of justice. A group of scientists from Michigan, Stanford and the University of California developed the ICORATING algorithm, which is capable of detecting ICO scammers with an accuracy of 83%.
The algorithm examined more than 2000 ICO projects, life expectancy and price changes for the crypto currency, whitepaper, constituent team, GitHub repository, websites and other information from the network.
This development should greatly help investors safely invest their capital in a truly existing and profitable ICO, and also analyze and give an overall assessment of the market.

Are you one of the team member who developed this AI or algorithm? i tried searching for an article on this, but couldn't find anything. would you mind sharing more information or an article (if there is one).

The guy is just a stingy informant. Dropping such a development like that, without a single reference. For those who have been asking for reference, here is the closest article I was able to get with really not much information.

http://crypta.news/2018/03/13/fraudulent-ico-project-will-be-calculated-with-the-help-of-artificial-intelligence/

I do not even trust this particular source anyway as it looks like a hungry website with a hungry owner.

rawafe

member

Activity: 170

Merit: 10

This kind of technology will revolutine the process. Complex decision-making involving a multitude of variables becomes possible with Artificial Intelligence and improved efficiency in business decision-making a customer satisfaction.
I know some project like OBIZCOIN that want to use this sort of technology.

Borisb52

full member

Activity: 462

Merit: 101

ICO projects have too many factors that affect the success of the project. And it seems to me that artificial intelligence can not track all these factors. For example, how to track a factor such as the disintegration of the team. After all, such a factor can completely destroy the project.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: jmlona on March 13, 2018, 12:20:38 PM

What's the source of this? I find it hard to believe that an AI could so accurately identify which projects will be scams because you have well versed humans who cannot even achieve such a level of accuracy.

Yeah I would also a source on this. While AI and bots are capable of finding these things, if programmed correctly. The accuracy might not be correct tho.

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: VclDm on March 13, 2018, 04:59:52 PM

Quote from: Sock778 on March 13, 2018, 02:26:04 PM

Wow, this is a really good development. I want to try this AI out LOL. Is there a way for them to have the public test it on potential ICOs? I ask because, I m sure the answer is no because they don't want legal liability if an ICO sues them for um, libel/slander.

That said, I hope they find a legal way to offer the service for testing!

AI technology in cryptocurrency is a new trend being developed by ICO projects. I believe ICOs in the field of AI will develop very well because it is truly practical in the lives of today's people. I also participate in many ICO projects with artificial intelligence and most of it is growing very well.

It takes a lot of effort to develop an AI on this field, but really appreciated their effort if its true. There are many platform using an AI on the current ICO's and hope they can develop a very useful product. Cindicator (CND) is another one. In the future, AI will be present in any field to to help humans in decision making and calculated risk with almost greater accuracy.

piloder

legendary

Activity: 966

Merit: 1006

I don't think all of this was done automatically by AI even if there is such AI there is no proof about it as there is no any article supporting this things and OP haven't replied back till now.

I am quite sure if they will make this public and add some price per search than they will be make millions in no time as there are many newbie investors out there willing to invest in promising ICO even if they don't have deep knowledge about ICO or crypto in whole.

farwellbit

full member

Activity: 287

Merit: 102

Quote from: jmlona on March 13, 2018, 12:20:38 PM

What's the source of this? I find it hard to believe that an AI could so accurately identify which projects will be scams because you have well versed humans who cannot even achieve such a level of accuracy.

AI is exactly the same branch of the intelligence which humans cannot do perfectly. This is where zero tolerance become a thing, and if one of the user which you do not want enters the system, the whole system will be collapsed. What happens is that the computer is already told about who all can come in and who all cannot, and this data is modified hourly on the basis of new developments. So there is no chance that computer will commit the mistake, and you get your desired result.

btcformula

full member

Activity: 378

Merit: 101

In business everyone plays safe game. Scammers know very well how they can make full. There lot's of tech now on market AI, Machine learning , IOT etc that can warn people only but until & unless people dont understand what is good and what is bad , all the technology is nothing.

Hitch-hiker

newbie

Activity: 21

Merit: 0

It's hard evaluate this without a source but it's not that much of a stretch of the imagination to think it's possible.

Let's face it, AI can do a lot of stuff much more efficiently than any human ever will.

Some say AI bots are manipulating the markets right now. While I have no idea if that's the case it does seem plausible. We saw the banksters making moves on crypto last year and price surge around the same time, if they gained a big enough percentage of the market capitalization they could use AI bots to pump and dump and then buy it all back for pennies on the pound in the low cycles.

goaldigger

sr. member

Activity: 2422

Merit: 357

Finally, something who can be a great use for detecting scam ICOs. We need it now. For we are having more and more ICOs without the assurance if that was a fraud or not. The only question is that, is this project legit? You didnt put some link to your sources. Where do you get this imformation? If that so, would it services be free and open to public?

VclDm

member

Activity: 392

Merit: 11

Quote from: Sock778 on March 13, 2018, 02:26:04 PM

Wow, this is a really good development. I want to try this AI out LOL. Is there a way for them to have the public test it on potential ICOs? I ask because, I m sure the answer is no because they don't want legal liability if an ICO sues them for um, libel/slander.

That said, I hope they find a legal way to offer the service for testing!

AI technology in cryptocurrency is a new trend being developed by ICO projects. I believe ICOs in the field of AI will develop very well because it is truly practical in the lives of today's people. I also participate in many ICO projects with artificial intelligence and most of it is growing very well.

rhodelmabanal

full member

Activity: 1140

Merit: 103

Buzz App - Spin wheel, farm rewards

I think this post has a large statement of the future, The Dawn of the A.I, not a sequel on S Spielberg films. I know that they have importance of our society makes life easier and tends to use people in many purposes. If people may be facing extinction, they will be over the world to rules.

Topic: Artificial Intelligence - page 2. (Read 505 times)