The Alliance for Artificial Superintelligence (ASI) seeks to accelerate innovation and introduce standards to the nascent AI industry. The project connects three of the most recognized AI blockchain platforms to create a comprehensive ecosystem that seeks to help guide the industry on a wide range of topics from innovations to ethics. Here’s everything you need to know about the Alliance for Artificial Superintelligence (ASI) and how it seeks to fuel the AI movement.
The Alliance for Artificial Superintelligence is the largest decentralized and open-source artificial superintelligence ecosystem. The goal of the project is to benefit humanity, ensure access to AI for all, and prevent any misuse of the technology in the future.
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 leverages the collective strengths of each platform to accomplish this task.
Technical contributions from Fetch.ai
Specifically, Fetch.ai integrates its autonomous agent technology, which allows anyone to perform actions within the AI Superintelligence Alliance Economy. Agents are AI codings that can be integrated or combined to create complex tasks. They can be configured 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-generation AI tools, including chatbots, industrial processing systems, IoT logistics networks, and more. You can connect, store, and exchange agents with other users in a p2p manner on Agent Verse. Agent Verse gives you access to useful tools. Make discoveries, store your agents securely, and prototype your next AI model securely.
Ocean Protocol Technical Contributions
Ocean Protocol contributed its data exchange frameworks, which are already used on various L1s, including Ethereum, Polygon, BSC, and Moonriver. This protocol facilitates the secure creation, publication, curation, and exchange of datasets using blockchain technology.
Anyone can access and integrate this data to improve the performance of their protocol. Users of the Artificial Superintelligence Alliance can securely search, consume, and offer datasets to the community (p2p). In this way, the Ocean Protocol helps democratize the economy.
SingularityNET Technical Contributions
SingularityNET is responsible for maintaining the decentralized infrastructure of the AI network. The company continues to pioneer the AI market, where it has introduced several high-profile technology updates, including a neural token AGI framework that has the potential to empower AI developers in the future.
Singularity’s contribution to the alliance goes 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, and all endorsed the idea and the additional benefits it brings to the market.
Humayun Sheikh, Chairman of the Artificial Superintelligence Alliance and CEO of Fetch.ai, spoke openly about the merger and what it would mean for users in a recent interview. He said the merger would improve efficiency by pooling resources and research.
This open collaboration in an inclusive environment will allow developers to create more useful and innovative AI concepts. It will also help the industry create and implement new standards while connecting many of today’s most active blockchain AI projects.
Phase I
The first stage of the merger saw SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens merge into $FET. The merger began with the delisting of AJAX and OCEAN from major exchanges and data aggregators like CoinMarketCap. Users were then able to trade the tokens directly. It is worth noting that the team managed to keep trading uninterrupted during this process.
Phase II
The second phase of the merger involves the community onboarding and the conversion of FET to the newly planned ASI token. The conversion will take place during the planned Fetch.ai mainnet upgrade. However, the conversion contract is expected to remain open for years, allowing all FET holders to migrate their coins to ASI over time.
Source – Artificial Superintelligence Alliance
What problems is the Artificial Superintelligence Alliance (ASI) trying to solve?
The Artificial Superintelligence Alliance is working to alleviate some major issues facing the AI industry. The project aims to pool efforts to improve R&D, increase liquidity, reduce development costs and embed ethical standards that prevent the misuse of this game-changing technology 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 large-scale projects. These Big Tech projects create a divide 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 AI protocols to deliver a new level of transparency and openness to the market. Small research teams, as well as large institutions, can leverage these tools for the benefit of the broader market, without creating centralized choke points that could lead to abuse.
Lack of organization
Another concern of the Artificial Superintelligence Alliance is the lack of cohesion in the market. Currently, many companies are working on AI projects, but very few are helping each other. This results in a scenario where projects spend a lot of time creating the same protocol.
Organizing these efforts will help drive innovation and reduce workload. The Alliance for Artificial Superintelligence will enable developers to create more immersive applications that leverage the best aspects of the most efficient model to accomplish their tasks autonomously.
Benefits that the Alliance for Artificial Superintelligence (ASI) brings to the market
The Alliance for Artificial Superintelligence offers several benefits to users. First, it is committed to building a secure future for AI that provides full transparency and access to all parties. This desire to create an ethical and responsible AI economy also helped the project gain industry support.
Shared tokenomics ecosystem
Another major benefit is the shared tokenomics ecosystem created by the merger of these projects. All platforms brought together to create the Artificial Superintelligence Alliance have active communities on social media and in the development sector. Bringing these communities together encourages open collaboration and communication. It also helps increase the liquidity of these projects while stimulating demand for the network’s tokens.
Detailed guides
Those looking to enter the AI development business will find the plethora of knowledge provided by the Artificial Superintelligence Alliance useful. Videos, guides, and tutorials walk you through every step of the AI creation process. This educational support allows the Artificial Superintelligence Alliance to stand out from the competition and solidify its positioning as a community-led project.
Implement ethical standards
There has been a lot of talk lately about the ethics of AI. As more countries turn to AI services to improve their commercial and military systems, the need for ethical standards has become clear. AI is a powerful technology that, if left unchecked, could lead to untold human suffering.
This is why the Alliance for Artificial Superintelligence has made considerable efforts to create and introduce universal ethical standards for AI. These standards could one day guide all decentralized AI developments, ensuring a safer and more robust economy.
The Alliance for Artificial Superintelligence (ASI) – A new era
Ben Goertzel, CEO of the Artificial Superintelligence Alliance and SingularityNet, welcomes the merger and what it means for the future AI economy. He explains that the maneuver “opens the way“to further research and development of better AI to achieve beneficial superintelligence in the years to come.
AI Market Stats You Need to Know
AI is one of the fastest growing technologies in the world. These algorithms have made significant advances in capabilities and accessibility over the past five years. Today’s large language model (LLM) chatbots can answer questions, complete tasks, and provide relevant data from simple text, making them ideal for new users. Here are some more interesting facts about AI.
The global AI market is currently valued at €196 billion and is expected to grow nearly 13-fold over the next six years. Analysts estimate that the sector will experience an average annual growth rate of 38.1% between 2022 and 2030, a 120% year-over-year increase. The business sector is the main driver of adoption. Studies show that +48% of businesses now use some form of AI to organize or compile data effectively. The rate is almost identical in the healthcare sector, where 38% of providers use AI in their diagnostics.
The Artificial Superintelligence (FET) Alliance – Taking the Steps Necessary to Succeed
Many see the Artificial Superintelligence Alliance as a force for good in the marketplace. It makes sense to combine efforts and seek to introduce moral and ethical guidelines for AI. The Artificial Superintelligence Alliance accomplishes this task in a decentralized manner, keeping the community in the decision-making loop. It thus promotes adoption, awareness and transparency in the AI market.