Third Web #3 - SingularityNet
Artificial Intelligence Researcher Ben Goertzal and Blockchain Solution Architect, Simone Vulpem discuss the SingularityNet artificial intelligence marketplace. Currently, the market for artificial intelligence is dominated by industry giants with huge monolithic offerings with features far beyond the often niche applications may businesses have a need for.
Smaller organisations provide bespoke solutions but these can be expensive and configuration heavy.
SingularityNet gives independent developers the ability to place their purpose specific components in a wrapper which can be plugged into a global network of AI components. These components can be hired to perform tasks, and may outsource tasks to one another through the use of a reputation system. This allows an optimal configuration of independent components to self assemble.
What is really exciting about SingularityNet is the sheer demand it places on blockchain systems. Applications like this are creating economic pressure to solve the scalable blockchain problem in a way that is effective not only as a PR tool, but also in practical applications.