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December 6, 2018 at 08:22
| updated:
6 December 2018 at 08: 22 & nbspUTC
Dr. Ben Goertzel, a renowned artificial intelligence scientist, entrepreneur and CEO of the AI-based SingularityNET platform. Dr. Goertzel was a guest at the famous Joe Rogan podcast. During the podcast, he discussed several things from AI to Blockchain for the dummies and how a technological blockchain would affect our future.
Dr. Goertzel is an author of artificial intelligence and a research professor at Xiamen University of Technology, in China. In addition to being a scholar, he is also involved in various projects related to fintech, robotics and artificial intelligence industries. His recent adventure SingularityNET is a blockchain-based marketplace. The project aims to create a platform where people can build an AI-based product, share it and monetize it without any scalability problem.
The project also launched its AGI currency last December through ICO, and had some success, as they accumulated $ 36 million in just one minute. The current downward trend in the market also does not appear to affect the value of AGI as it showed an upward trend of 20% compared to Ethereum.
The podcast of Joe Rogan
Did the podcast start with Joe Rogan asking Dr. Goertzel to explain to him what blockchain is being used by a lay person and why is it still a confusing topic?
Dr. Goertzel agrees that there are many confusions related to the word blockchain, which is nothing but a democratic form of barter or distributed ledger. Decentralization distributes the authority to make changes to the system to almost everyone. In the case of banks, if they want to implement new changes, they do it right away, without worrying about the reactions. However, in a distributed register system, for a new amendment, at least 500 people in 1000 must agree with the new agreement.
Joe Rogan also asks for different terms associated with blockchain and cryptocurrencies, such as what is Ethereum, what are the smart contracts and what is prevalent is Ethereum.
The dott. Goertzel then explained the different terms related to the crypto world. He also talked about how smart contracts work and how these smart contracts could finally eliminate any need for intermediaries. He also answered questions about ethereum blockchain and how popular it is.
Dr. Goertzel also talks about the different cases of use of blockchains apart from cryptocurrencies. He emphasized the implementation of the blockchain in various areas of our daily life. He compared blockchain technology with the Internet in advance when there were fewer users and uses of technology with only a few applications on the block. Look at it now; we can not even do a simple task without using the internet at some level.
The same applies to the blockchain; it is new, many people are not aware of the potential it contains, those who know can not see it any further than cryptocurrencies and monetary gains. But in the end, technology could mature enough to be incorporated on a larger scale.
On the involvement of artificial intelligence with Blockchain
AI even though it has been at the forefront of the technological world for quite some time; created the same aura of the blockchain. People think that artificial intelligence is a technology of the future and usually associate intelligent robots to conquer the world. However, the truth is that artificial intelligence is a combination of different computers and humans that interact fairly and that feed the system with information. Because computer memory can be controlled and not affected by memory loss, the data system becomes more complex and huge.
Just like blockchain, people would not want to see the control of such a complex system in the hands of a few. Thus blockchain would bring the image into a decentralization factor, and AI will manage the blockchain, thus helping one another to progress.
Prashant Jha
As a content writer, Prashant believes in presenting complex topics in simple terms such as laity. He is passionate about technology and an avid reader.
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