The Artificial Superintelligence Alliance (ASI) seeks to accelerate innovation and introduce standards to the budding AI industry. The project connects three of the most recognized AI blockchain platforms to create an all-inclusive ecosystem that seeks to help guide the industry on a wide scope of topics ranging from innovations to ethics. Here’s everything you need to know about the Artificial Superintelligence Alliance (ASI) and how it seeks to fuel the AI movement.
The Artificial Superintelligence Alliance stands as the largest open-sourced, decentralized Artificial Superintelligence ecosystem. The goal of the project is to benefit humanity, ensure access to AI for all, and prevent future misuse of the tech.
A Multi-Billion Dollar Token Merger
The Artificial Superintelligence Alliance is a merger between Fetch.ai, Ocean Protocol, and SingularityNET. The goal is to foster open collaboration and innovation by creating a community of like-minded AI users and developers. As such, the project harnesses the collective strengths of each platform to accomplish this task.
Fetch.ai Technical Contributions
Specifically, Fetch.ai integrates its autonomous agent technology, which enables anyone to perform actions within the Artificial Superintelligence Alliance economy. Agents are AI coding that can be integrated or combined to create complex tasks. They can be set up to learn from data points, transact within the economy, and even predict outcomes based on their observations and calculations.
Agents streamline the creation of next-gen AI tools, including chatbots, industrial processing systems, IoT logistics networks, and more. You can connect, store, and trade agents with other users in a p2p manner on the Agent Verse. The Agent Verse provides you access to helpful tools. Conduct discoveries, store your agents safely, and prototype your next AI model securely.
Ocean Protocol Technical Contributions
The Ocean Protocol contributed its data exchange frameworks, which are already in use on various L1s, including Ethereum, Polygon, BSC, and Moonriver. This protocol facilitates the secure creation, publishing, curating, and trading of data sets using blockchain technology.
Anyone can access this data and integrate it to improve their protocol’s performance. Artificial Superintelligence Alliance users can search, utilize, and offer datasets to the community in a secure p2p manner. In this way, the Ocean Protocol helps to democratize the economy.
SingularityNET Technical Contributions
SingularityNET is responsible for maintaining the decentralized AI network infrastructure. The company remains a pioneer in the AI marketplace, where it has introduced several high-level tech upgrades, including a neural-symbolic AGI Framework that has the potential to empower AI developers in the future.
Singularity’s contribution to the alliance extends beyond technical support. Its team of experienced developers and AI experts will help educate the community and provide core services, including the ability to develop, share, and monetize AI data, models, and algorithms.
History
The merger was announced on July 1st as an open collaboration between the platforms to improve integration and adoption. Notably, each project’s community voted on the merger, with all approving the idea and the added benefits it brings to the market.
The Chairman of the Artificial Superintelligence Alliance and CEO of Fetch.ai., Humayun Sheikh spoke openly about the merger and what it would mean for users in a recent interview. He stated that the merger would improve efficiency by pooling resources and research.
This open collaboration within an inclusive environment will enable developers to create more helpful and innovative AI concepts. It will also help the industry create and implement new standards while connecting many of the most active blockchain AI projects today.
Phase I
The first step of the merger saw SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens merged into $FET. The merger began with AJAX and OCEAN being delisted from major exchanges and data aggregators like CoinMarketCap. Then, users could exchange the tokens directly. Notably, the team managed to keep trading uninterrupted during this process.
Phase II
The second phase of the merger includes community onboarding and the conversion of FET into the newly planned ASI token. The conversion will occur during Fetch.ai’s scheduled mainnet upgrade. However, the conversion contract is slated to remain open for years, enabling anyone who holds FET to migrate their coins to ASI over time.
Source – Artificial Superintelligence Alliance
What Problems Does Artificial Superintelligence Alliance (ASI) Attempt to Fix?
The Artificial Superintelligence Alliance focuses on helping to alleviate some major issues faced in the AI sector. The project focuses on pooling efforts to improve R&D, deepen liquidity, lower development costs, and integrate ethical standards that prevent abuse of this game-changing tech in the future.
Centralization
Centralization is one of the main risks that the Artificial Superintelligence Alliance seeks to mitigate through its unique approach. The AI market is currently dominated by a few massive projects. These Big Tech ventures create a disconnect between the community and AI developers, leading to abuse and other unhelpful scenarios.
The Artificial Superintelligence Alliance leverages the best aspects of three of the most recognized developed AI protocols to provide a new level of transparency and openness to the market. Small research teams, all the way to massive institutions can leverage these tools to benefit the entire market without creating centralized choke points that could result in abuse.
Lack of Organization
Another concern for the Artificial Superintelligence Alliance was the lack of cohesive efforts in the market. Currently, there are lots of firms working on AI projects, but very few are helping each other. As such, you end up with a scenario where projects spend lots of time creating the same protocol.
Organizing these efforts will help to drive innovation and reduce workload. The Artificial Superintelligence Alliance will empower developers to create more immersive applications that leverage the best aspects of the most effective model to accomplish their tasks autonomously.
Benefits the Artificial Superintelligence Alliance (ASI) Brings to the Market
The Artificial Superintelligence Alliance offers users several benefits. For one, it’s committed to building a safe AI-enhanced future that offers full transparency and access to all parties. This desire to create an ethical and responsible AI economy has also helped the project gain support from the industry.
Shared Tokenomics Ecosystem
Another major benefit is the shared tokenomics ecosystem created by merging these projects. All of the platforms combined to create the Artificial Superintelligence Alliance have active communities on both social media and in the development sector. Combining these communities drives open collaboration and communication. It also deepens liquidity for these projects while at the same time driving up demand for the network’s token.
Detailed Guides
Those seeking to get into the AI development sector will find the plethora of knowledge provided by the Artificial Superintelligence Alliance helpful. There are videos, guides, and tutorials that help walk you through every step of the AI creation process. This educational support helps the Artificial Superintelligence Alliance stand out against the competition and cements its positioning as a community-led project.
Implement Ethical Standards
There’s a lot of talk about AI ethics in the news lately. As more countries turned to AI services to help improve business and military systems, the need for ethical standards has become apparent. AI is a powerful technology that if left unchecked, could directly lead to untold human suffering.
As such, the Artificial Superintelligence Alliance has put considerable effort into creating and introducing universal AI ethics standards. These standards could one day guide all decentralized AI developments, ensuring a safer and more robust economy.
Artificial Superintelligence Alliance (ASI) – A New Era
CEO of the Artificial Superintelligence Alliance and SingularityNet, Ben Goertzel, is excited about the merger and what it means for the future AI economy. He described how the maneuver “paves the way” for deeper research and the development of better AI to achieve beneficial superintelligence in the coming years.
AI Market Statistics You Should Know
AI is one of the fastest-growing technologies in the world. These algorithms have made major strides in both capabilities and accessibility over the last 5-years. Today’s LLM (large language model) chatbots can answer questions, complete tasks, and provide relevant data from a simple text prompt, making them ideal for new users. Here are some other interesting and cool AI facts.
The global AI market is now valued at +196B and is projected to increase nearly 13x in the following 6 years. Analysts believe that the industry will expand at a CAGR of 38.1% between 2022 and 2030, signifying a 120% increase year over year. The business sector is the main group driving adoption. Studies show that +48% of businesses now use some form of AI to organize or compile data efficiently. The rate is almost equal in the healthcare industry, where 38% of providers leverage AI in their diagnosis.
The Artificial Superintelligence Alliance (FET) – Taking the Steps Necessary for Success
Many see the Artificial Superintelligence Alliance as a force for good in the market. Combining efforts and seeking to introduce moral and ethical AI guidelines makes sense. The Artificial Superintelligence Alliance accomplishes this task in a decentralized manner, keeping the community within the decision-making loop. As such, it drives adoption, raises awareness, and improves transparency within the AI market.
Learn about other cool artificial intelligence projects now.