Cisco Systems and SingularityNET Hosting Their AI Project on Blockchain


Cisco Systems Inc. announced that SingularityNET's blockchain-based platform will host its decentralized AGI project focused on intellectual tasks instead of automating menial tasks.

Networking giant Cisco Systems decided to go with the block-based platform developed by SingularityNET to host its decentralized AGI project.

SingularityNET is a startup that labels itself as a "decentralized artificial intelligence" company, and they work with Cisco Systems on such an ambitious project is a big deal.

It should be clear that this is in no way new technology. But the truth is, what is happening is something that people want to create more advanced AI technologies that will soon be able to surpass humans in their ability to learn and perform new tasks.

In a joint statement, Dr. Ben Goertzel, SingularityNET CEO, said:

"The scale of the AGI deployments needed by a partner like Cisco is going to be tremendous, and we are working hard to make sure our AGI tools and blockchain-based platform is up to the task."

He added that SingularityNET's platform democratizes AI by decentralizing its source and by preventing any single player or hoarding computers' capacity to learn.

This partnership is a strong confirmation of SingularityNET's technologies, which also includes a block-based, decentralized marketplace for AI algorithms, and various deep neural net models for computer vision and language understanding.

Its biggest project is customized version of the Advanced General Intelligence engine, an architecture for robots and virtual embodied cognition that defines a set of interacting components designed to give rise to "human-equivalent AGI."

Goertzel said Cisco and SingularityNET here see the potential in building AGI together. He commented that this technology is "expected to provide tremendous commercial benefit to whoever develops it."

"This benefit may initially take the form of a generation of 'Narrow AGI' systems that infuse general intelligence into products in specific vertical markets like, say, advertising, medical research, computer networking or financial analytics."

As it’s already said, AI is not new technology – however, AGI is. It is an emerging new field within AI, or perhaps even more superior form of it. Let AI say playing poker or studying some medical data However, most AI models are still pretty much basic, specialized on training machines at a single task – for example, a memory game.

Even if there is no real definition of business, without any human previous training. Good examples are given by Hollywood in characters as are C3P0 from "Star Wars," HAL 9000 from "2001: A Space Odyssey" or Agent Smith from "The Matrix." Goertzel added:

"To really build a global decentralized thinking machine we are going to have to put a lot of complicated ingredients together, and the collaboration between Cisco and SingularityNET has the potential to accelerate things tremendously."

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