I recently gave a speech at a wedding and thought you guys would love to hear it so here it goes…
We are all gathered here today to witness the union between J.A.I. (artificial intelligence) and Beckchain (blockchain).
But before these 2 technologies get married, let’s take a step back to see how these two got together.
J.A.I. (pronounced Jay) is an older gentleman who has been doing some self-improvement for over a decade. However, it was not until the last few years before he was able to create smart mental models or systems, which showed the true potential of J.A.I that closely resembled the capabilities of other humans.
The biggest reason for the epiphany in J.A.I. is the advancements in big memories or data. The recent developments in big data have allowed J.A.I to organize a large amount of data into structured components which can be processed by computers very quickly.
Beckchain (usually just goes as Beck) is a bright, young woman who shocked the world with her concepts of p2p value transfers after the financial crisis in 2008.
She uses an open, distributed ledger system to create virtually immutable records of information. She is also politically decentralized, meaning no one controls her, and architecturally decentralized so there is no infrastructural central point of failure. You can read all about the nature of Beckchain here as Ethereum co-founder Vitalik explains it.
While younger than J.A.I., Beck has the potential for revolutionizing and transforming many major sectors like the banking system, healthcare, supply chains, and security. Applications like smart contracts are paving the way for Beck to disrupt.
How J.A.I. And Beckchain Met
One fateful day, Beck bumped into J.A.I. at a coffee shop and the two got to talking.
“What do you do,” asked Beck
“Well, I use data to help make assessments, decisions, and simplify human tasks exponentially,” J.A.I replied.
“That’s cool, I update this big decentralized ledger and execute and authenticate new records,” Beck chimed in
Then a light bulb when off in J.A.I.’s head, Beck’s shared control architecture encourages data sharing. In fact, Beck gives users access to read the records of her public ledger. If a lot of transactions are processed by Beck, data will accumulate over time. This means big data and if she deals with big data, I can help.
“I’d love to work with you!” J.A.I blurted out. And so began the J.A.I. and Beck’s quest to solve our biggest data problems…
Open Market for Data
With advancement made in J.A.I’s technology, he relies on the availability of data from a various number of sources. However, many companies like Facebook, Google, Amazon etc. have innumerable quantities of data which can prove to be beneficial for a lot of AI processes, but this data is not accessible to people in the market and often monopolized for the company’s own gain.
But Beckchain and J.A.I. working together can easily tackle this issue by implementing the concept of peer-to-peer connection. Since she provides an open, distributed ledger, J.A.I will develop much more efficiently as data can be easily accessed by everyone on the network, even you.
Controlling the Usage of Data and Models
When you make a new Facebook account, you are prompted with a never-ending spew of legal jargon that you sign off on without even reading.
That jargon that you and I don’t understand give companies like Facebook rights to our data and while Mark Zuckerberg has said, “we do not sell data,” stuff like this happens…
So being able to be in control of your data and control what of yours is monetizable is the beauty of Beckchain. We have already seen content creators doing this.
J.A.I is also suffering from data control.
However, Beckchain enables him to choose who has rights to artificial intelligence data and models.
When the data is created for model building purpose, licenses which put restrictions or permission that creators can control.
Meaning that Beckchain’s network will provide permission to view or use the data like an asset.
Mechanism to Handle Large-Scale Data
Once data is made available and accessible, the toughest job is scaling that data. It is estimated that there are 1.3 zettabytes of training and testing data for all kinds of models. 1 zettabyte is 1 sextillion bytes or 1 trillion gb. To put it into perspective how massive that is, there is approximately only $80 trillion worth of money in circulation in the world. 80 trillion would have 13 zeros in its figure while 1 sextillion would have 36 zeros.
Okay, my astonishment of how much data there is in the world is over but J.A.I. and Beckchain have found a way to deal with this expansive amount of data.
Data is being stored on Beckchain’s decentralized system and there are many benefits to enjoy as compared to the traditional central storage system. In the event of natural disasters and crisis, the data is not stored in a single location, so it is kept safe and distributed.
When the data is in a decentralized system, hacking and the corruption of data also becomes a lot more difficult and allows creators to just make better models and work as they don’t have to worry about external factors.
What The Future Looks Like
J.A.I. and Beckchain will continue to work so that you can easily control how your data can be used. For various industries where privacy of data is important, this marriage will come in handy.
But J.A.I and Beckchain’s impact will reach further than just data. We have already seen advancements where the two have worked to improve security, healthcare, finances, among other major industries.
While we know it wouldn’t make sense to use the two together in every scenario, we can count on them to be at the forefront of solving our biggest issues.
With that, I pronounce J.A.I and Beckchain married.
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