Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 96. (Read 150249 times)

We now have an IRC channel on Freenode at #sapience.

Blog posted 11/24/2014:  https://www.linkedin.com/pulse/article/20141124191207-100950400-bringing-the-first-peer-to-peer-artificial-intelligence-to-the-blockchain



Bringing the First Peer to Peer Artificial Intelligence to the Blockchain

The Sapience AIFX project aims to bring distributed AI to the peer to peer coin network and blockchain technology based on Bitcoin. Implementing this project means a decentralized general artificial intelligence service not reliant on any centralized servers or supernodes. A peer to peer service that is not cloud based and not centrally controlled. This is a groundbreaking initiative that will provide a service that can fuel a world of possiblities as we head toward the "Internet of Things".

Imagine if in addition to storing small amounts of data and communicating with other "things", if each of those devices in the swarm also had some small artificial intelligence capability. The power of a group of distributed AI agents can have a network effect all its own, and enable scenarios that have so far been just out-of-grasp.

Our goal with the Sapience AIFX project is to start with a basic limited AI capability, something that is ambitious but still achievable within a reasonable development time frame. After the foundational core is alive, with a decentralized distributed associative memory implementation running on the peer-to-peer network, we will then have a framework on top of which to build more advanced capabilities and evolve the platform to support more advanced scenarios.

The initial goal is to support running well-understood financial neural network algorithms, with a reference client implementation in Quotient ($XQN). This will provide an end-to-end reference network that provides education-by-example for other developers to then build new consumers of the AI-as-a-Service interfaces. Following that the long range ambition is to implement more complex AI algorithms, more complex storage and memory capabilities, and enable more generalized AGI scenarios.

Putting this capability on a coin network simply makes a lot of sense. It provides a built in, self-sustaining fee-based economy that enables self-regulation of the network and builds value for the host coin $XAI. Over time as more consumers take advantage of the Sapience AIFX network and build solutions on top of it, it will help to drive the value of $XAI through compelling use cases, which brings ROI for crowdfunders. A fee-based economy also puts up gates that protect against "existential risk" as the platform develops towards the realization of a singularity.

Building Sapience AIFX as an open source project, running on a decentralized coin network, means that it is a platform "owned by no one, and owned by everyone." What we have seen with other ambitious open source projects is that this can drive change at accelerated velocity. That is the power of unlocking technology from within corporate silos and providing an open source platform that contributes to the overall public good.

This is the sort of technological progress that can move the ball forward across vertical markets, enabling startups and entrenched players alike to leap forward and build solutions across a variety of industries that previously would require a substantial investment in framework development just to get to the starting line. It is a project worth doing, and a project that can change the world.

You can get involved by helping to fund this initiative on the crowdfund site. After the project is funded we will have a Slack group set up for crowdfunders to track and contribute to the progress of the project.

don't buy all of them  

I just watched the video too, very impressed.. 

I will buy some tomorrow..wish we had more time coz mid December I will get bit more btc awe.. but never mind I will try get what bitty I can..   

yeah i'll be picking up some too.

i'm game for some XAI 

Updated the theme on the crowdfund site to match the homepage   Looks very nice now.

crowdfund.blockchainsingularity.com

Only 2 days left!

WOW thank you for this kind and easier explanation for the more simple minded folks like me..  I will invest in a day or so.. This does look awesome and as I have some XQN makes sense to get some XAI too..

This is a good summary.

Basically, Sapience AIFX is designed to be a generalized AI platform.  As a first application of it, and to provide a reference client and implementation, we will build some AI trading tools into XQN that use the XAI network on the backend to run financial AI analytics.  Beyond that, XAI has applications across a wide range of vertical markets.

Here's my extremely simplified attempt.
Certainly someone that understands this better will add and correct as appropriately:

- The XAI network will provide a framework & tools for algorithmic trading (AIFX).
- The XQN wallet will pave the way by incorporating XAI's algorithmic trading tools.

- A XAI fee (or perhaps balance?) is required in order to access the trading tools, thus creating sustained XAI demand.
- A XQN fee is spent when running algorithmic trading. Widely used, this promotes XQN liquidity & demand as well.

There's a lot more of opportunity to be considered. I'm just trying to describe the fundamental short term goal that bridges XAI & XQN and how these two present something new and very relevant to the crypto trading community. Cheers!

I am not a techy by any means so is there a synopsis of how to explain this to Investor lay peeps?  .

Yes.

No mining, only ICO and PoS?  

agreed, extend crowdfunding for another week and good marketing 

Please fin Chinese translation:  https://bitcointalksearch.org/topic/m.9632765 enjoy..   

thanks for explaining

We're starting to pick up some more interest in Twitter and social media.  I'll be posting a blog later today that explains our approach a bit more in simpler terms.

Made a couple of diagrams that hopefully visually explain how it works a bit simpler:



This high level diagram captures the gist, it will evolve but the point is that there will be many consuming coins both through direct P2P integration and via the various alt-coin "service brokers" that are being developed and will be coming online in the near future:

I think he's just bringing the #coinmarkets flava.