With the advancement and development of AI on the rise,Corporate bodies and individuals are now more than ever investing in AI.This is not by chance or a coincidence as the future is gradually evolving and AI takes a larger percentage of work activity and relives stress in human intelligence by commiting to artificial intelligence.When you hear the word AI or the phrase Artificial intelligence ,one might likely link it to big brands and companies such as google and amazon.When most people think of AI development they think of overbearing costs,thirdparties and the stress involved in the validation of the AI but not with Effect.AI
Effect.AItakes AI to a new height of advancement.
WHAT IS EFFECT.AI?
Effect.AItakes the face of a decentralized network in the rapid development of AI by creating an ecosystem that is decentralized,which basically means corporate bodies or individuals can access AI across all boards without third parties and unnecessary costs and parties can make their own independent decisions.
JUST ANOTHER AI COMPANY?
To attain a level of perfection one must be consistent and and cut across all norms by creating a balance where everyone is satisfied.With the advancement of AI and the increasing demands,the bid to lay hands and possibly invest in this growing technology brings about confusion as people become saddled with the responsibility of choosing an effective network that would not just take them for their money but also provide value for it and at the same time trim out unnecessary charges while providing a platform where they can asscess these technologies firsthand,this is where Effect.AIcomes in.
HOW WILL EFFECT.AI CHANGE THE WAY AI DEVELOPERS AND IBVESTORS ASSESS THESE TECHNOLOGIES?
Effect.AIhas managed to achieve this AI tri-perfection by dividing it into 3phases..
PHASE 1;Effect of Mechanical turk.
> This phase promises to bring mechanical turk to the blockchain.By doing this the service allows developers to access a global workforce that can help in "teaching" the AI.It becomes a marketplace where users can earn tokens for completing tasks Effect.Ai.This simply means that the mechanical turk is a workforces that focuses on the development,performance and creation of AI calculation and tasks.Where clients who are able to complete given tasks are paid in Effect.AItokens.It could also be seen as a testing place where users put their AI ideas for development.
PHASE 2
Effect Smart Market
This phase is a marketplace for AI on the Effect.AIusing this marketplace,companies and individuals interested in AI can be able to purchase AI related services(That was developed in the mechanical turk phase) and use it to optimize businesses at the same time increasing their profits as they save cost on human labour.
PHASE 3
Effect Power
This is the last phase of the effect network,this stage will use shared computation to power the already developed AI application.This stage basically helps improve the AI by data gathering from the consumers and help increase it's capabilities.
USING THIS STORY TO UNDERSTAND EFFECT.AI BETTER
Samantha is a developer. She has been working as an AI developer for a big company for two decades. As a veteran of the industry and a passionate developer, she has been developing her own logistics AI. Her intention is to develop an AI that can take input information such as addresses, address changes written by people, or transcribed from audio and have the computer automatically book shipments, re-route or cancel when necessary and update existing map databases for future shipping orders.
Samantha had worked on her project for over five years, and is approaching the testing stages. This is where she hits a wall. She is willing to invest in her idea, but she simply cannot afford the mass amount of input test data that she needs in order to optimize her AI system. She needs people to write her AI e-mails, make voice calls (with a variety of voices) and complete other tasks that can ensure the AI is ready for commercial implementation.
Effect.AI Phase One
Samantha could use the Mechanical Turk system to send out tasks globally, asking users to request a change in address or cancel the order in a test environment. Without any intermediaries, she will save on costs and have access to a large network of human intelligence that can help her test and improve the AI.
Effect.AI Phase Two
After a few months of rigorous testing, Samantha quit her job. She is now ready to put her application on the marketplace. Small businesses and large enterprises can purchase Samantha's AI system to optimize their business and save costs on human labor for certain logistics tasks.
Effect.AI Phase Three
Samantha's AI is a huge success in the marketplace. Her clients use her AI from the cloud, and as part of her service she takes care of the computational power. Her first few sets of computers are running well above capacity. She turns to the Effect Networkfor help Utilizing Effect Power, she is able to scale her AI and continue concentrating on improving the AI through data gathered by her customers.
SOCIAL AND ECONOMIC IMPACT OF DECENTRALIZED MECHANICAL TURK
Since the aim of the first phase of Effect.Ai is to bring mechanical turk,it would help individuals and companies by bridging the AI rich and poor gap by helping reduce the cost of input test data that they need to optimize their AI system.
It would also create a large social awareness of AI socially as it creates a large network of Human intelligence that could help improve the AI,at no extra cost except for the tokens when tasks are completed.
And also without any middleman or thirdparty,profit is actualized and cost of third parties are cut down.
HOW BRINGING DOWN THE COST OF AI DEVELOPMENT INCREASE INTEGRATION
Just like samantha in the story given,due to the Effect Network of the Effect.Ai she was able to put her AI development to test but at a reduced cost to make sure her AI was ready for commercial implementation.Bringing down the cost of AI will bring about the unification of AI developers and create a more developer friendly,buyer friendly avenue to bring about the development of AI globally.
HOW INDIVIDUALS AND GROUPS CAN BENEFIT FROM EFFECT.AI
Effect.AI would help develop AI better by helping individuals and groups with AI development have a more cost friendly platform to carry out test and promote their development.
Effect.AI would provide a marketplace that is trustworthy for purchase of AI related services.As they have already been tested multiple times and upgraded where defects were found.
Also people would no longer be limited by the How?Where? question of AI,How do i test my Ai development?,Where do i do it?...Where do i get dependable AI related services that would optimize my business.
THE BRAINS POWERING THE EFFECT.AI
When you scope through the Effect.AI network and come across the massive development it brings to the table as regards AI.One begins to think,that this level of perfection and advancement would be only possible by people who are advanced in age but they are quite young and doing great things.The Effect Network is led by
Chris Dawe (CEO),
Jesse Eisses (Blockchain Lead),
Laurens Verspeek (Development Lead),
and Nick Vogel (Design and Interaction Lead).
MORE INFORMATION &RESOURCES
Effect.AI Website
Effect.AI WhitePaper
Effect.AI LightPaper
Effect.AI YouTube
Effect.AI Medium
Effect.AI Facebook
Effect.AI Twitter
Effect.AI Telegram
Effect.AI Review/Explanation Video
DISCLAIMER;This writeup is purely for educational purposes and i am in no way affiliated with Effect.AI.
Effect.ai2018
Submitted!
It has been corrected,I think the problem was me using the Story?Well i quoted it and i hope it would be submitted now.
hi
I've been searching for articles around AI and I bumped into your old post. Great piece of work.
I've heard about effect.ie and I would also love to hear what do you think about DBC (Deepbrain Chain) and Singularity. How those two look comparing to effect.ie in your opinion?
Im personally quite bullish on DBC (mostly because DBC is related to NEO) and I hope to hear what do you think about this coin.
One thing that I found missing in most articles about AI is lack of comparison between leaders of this industry in blockchain technology. DBC vs AGI vs effect.ie. Personally i would love to know how effect.ie can compete with the other two.
I decided to check your profile just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)
I will be following you closely.
One more time: great piece of work
Cheers,
Piotr
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