I recently invested in DeepBrain Chain, the world's first decentralized AI computing platform powered by blockchain technology. (It's actually my first ever crypto investment!) Based on my research, this altcoin has the potential to revolutionize the AI field. Developed to much acclaim in China with past clients the likes of Microsoft, DBC has launched with significant institutional backing and is addressing a very important issue in the field of artificial intelligence.
According to this MIT Technology Review article on Google's breakthroughs with "deep learning" AI technology, "At least 80 percent of the recent advances in AI can be attributed to the availability of more computer power." Even with Google's massive computing forces, the sheer volume of computational power required to advance AI technology has limited the scope of their projects. A decentralized neural network like DBC seems like exactly what's needed to "meet world-wide enterprise demand," as DBC advertises on its website. The article continues:
There’s more to it than the sheer size of Google’s data centers, though. Deep learning has also benefited from the company’s method of splitting computing tasks among many machines so they can be done much more quickly. ... [This technology] vastly speeds up the training of deep-learning neural networks as well, enabling Google to run larger networks and feed a lot more data to them.
Given that computing power is the biggest limiting factor in the growth of AI technology—and powerful corporations in the sector like Google acknowledge the huge efficiency gains of decentralized networks modeled after biological neural patterns—DBC seems like a no-brainer!
Revenues from the artificial intelligence (AI) market worldwide, from 2016 to 2025 (in million U.S. dollars)
Source: Statista
Bottom line is, AI is already a multi-billion dollar industry without widespread adoption, and the market is certain to grow dramatically in the coming years. So... with this huge potential, how is DBC still so under the radar? Mystery to me, but I'm guessing it won't be for long. DBC has seen huge gains since its launch, and it's still not yet listed on most major exchanges. The currency is only available on Kucoin, Gate.io and, as of today, Huobi.pro. According to most predictions I've seen, prices are likely to keep surging (already up over 270% in the past week) as it's introduced on more exchanges in the coming weeks and months. Given the recent mini-crash, DBC is now down from it's high of nearly 70 cents to 39 cents a pop (at the time of my writing), so now seems like a good time to buy in while it's still relatively cheap and unknown! (Full disclosure: I've already made significant profit on my initial investment and plan to hold for bigger long term gains!)
Big Brainz + Big Money = Buy Now?! — But Wait!
Ca$h da$h aside, what are the ethical implications of this new AI platform? After a fairly thorough overview of the DBC website, I see no reference to ethical standards of any sort. This is in contrast to other projects, like Google's DeepMind, which recently launched a new research unit called DeepMind Ethics & Society to address the moral considerations associated with the rise of new AI technologies. DeepMind executive Mustafa Suleyman recently came out in opposition to the use of AI in the creation of "lethal autonomous weapons," signing a letter to the UN with 115 other leading robotics and AI experts to advocate an international ban. While this is heartening and certainly a step in the right direction, I still won't uncritically accept Google's statements on ethics without investigating more deeply (I've heard enough corporate lip service in my young years to know better!).
Personally, I'm holding my DBC for now and will sell off if any major ethical violations are revealed down the road. In the meantime, I'll do my best to start conversations around how we as a community can apply collective pressure to DBC and similar institutions in order to force them to adhere to sustainable ethics and values.
What do y'all think? How do you determine your personal boundaries around ethics in crypto investments and in AI tech/DBC in particular? Can buying in now give us any power as participants/stakeholders to pressure DBC to adhere to moral standards regarding the application of its ground-breaking technology? And if they don't listen, why not take our profits and reinvest them in building a more regenerative, sustainable world?
Looking forward to hearing your thoughts!
Peace,
Luz
AI is going to take over my man!! Going to take a full read into this post now!! Looks cool and interesting
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Hey Thomas! Thanks for reading! Looking forward to checking out your posts as well :)
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haha thankyou juicy!!
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