Artificial intelligence technology is one of the big scalers of this century. The promise of A.I. that is carried throughout media and society is tantalizing: A super-human machine, that never sleeps and is able to process enormous amounts of data with superior objective insight. No wonder that we are experiencing an unprecedented hype around intelligent apps— “Using A.I. to do X” applications are flourishing and startups, big corporations as well as governments are increasingly promising to solve society’s biggest problems with data-driven insight derived from artificial intelligence. Unfortunately, as the decade is ending, mankind has also scaled existing threats and…
The advent of cryptocurrencies allowed us to implement incentives in the highest level of granularity imaginable — up to a single bit. This paradigm shift allows us to think outside the box, scaling and connecting incentives with data in ways never seen before.
AI smart contracts leverage this new kind of programming. They are machine learning algorithms with blockchain-based business logic — or in other words, an analytical machine that can guide human behaviour via designed incentives.
In this blog post, we argue that these incentive programs are highly scalable and might even provide a design-principled solution to one of…
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Self-interest is an integral part of human nature. Being able to re-channel self-interest into actions that would benefit all of the society is challenging but transformative. Imagine, to enable people to do social good just because it is simply the most profitable way to live. We would naturally consolidate a more sustainable lifestyle without even thinking about it. However, the design of sustainable incentives faces a plethora of challenges: