INTRODUCING EFFECT.AI :THE NEXT BIG THING IN ARTIFICIAL INTELLIGENCE

in #blockchain6 years ago

Technology has always been at the center of every big leap humanity has ever taken, and right now we are in the process of taking the next one.

It is and will always be all around us, it is what makes our modern lives much better in every sense compared to the lives of people from decades and centuries ago, from electricity, to means of transportation, and more recently the digital revolution.

There has been ease with completion of large projects which ordinarily should take a longer time for a company to accomplish. All thanks to Digital Marketing. Digital Marketing has improved the work from home scheme getting paid for each work you do. Of such improvement in the world of technology today is EFFECT. AI
image.png
The world is fast developing; massive change is being recorded in the world of modern technology. In our time today, digital marketing has found a place to stay and it is been improved upon daily by development of new technology. You do not have to be dressed in suits and ties and shirts before you can work with a company or in an office.

INTRODUCING EFFECT.AI

Effect.AI is a platform in which developers can publish the tasks required to train their artificial intelligence algorithm, and users can find those tasks, complete them, and be rewarded for their job.

Developing artificial intelligence technology is not an easy job to do, the developers need a ton of information to feed the AI with, and getting that information can be quite challenging. What Effect.AI is bringing to the market, will make it so much easier for any team all around the world to make contact with people willing to do those tasks.

Many argue that AI will take away jobs from individuals especially in third world countries. But to tell you the truth, the jobs are already gone and most of the jobs available are labour intensive and down right repetitive. People in these nations are looking for opportunities that are convenient with some degree of freedom.

What is artificial intelligence

Artificial intelligence demonstrated by machines , in contrast to the natural intelligence ( NI ) displayed by humans and other animals. In computer science AI research is defined as the study of " intelligent agents ": any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
download.jpg
Source

The importance of Artificial Intelligence for our future

The past few years, we have seen very tangible examples of artificial intelligence providing us useful services in everyday tasks, the actual trend with self-driving cars is only possible thanks to development of artificial intelligence algorithms that are able to interpret the roads, the other cars, and taking into account a huge amount of options, decides what is the best course of actions to reach the destination in a safe way.

How does EFFECT.AI work

The platform works by requesters/ AI developers first uploading an AI algorithm data set and the tasks they want performed in order to reach their end goal ( which could be testing for bugs, training AI, feedback and much more). They then set the price/reward and post it on the network for the world to see.
ScreenShot20180512at5.18.06PM.png
The network provides them with a scalable, easy to reach workforce instantly. Workers or freelancers as I'd rather call them can then search the network for tasks that interest them, execute and submit, then await quick payment in EFX tokens to their platform wallets once approved by the creators.
image(2).png

The three phases of Effect AI they include:

The three phase of the effect AI

Phase 1: Effect Force (Decentralized Mechanical Turk)

This is the first step in developing this form of crypto market. Developers and companies will be able to set up task for people to complete which will enhanced the companies to accomplish their goals. This step will enable the training of machines by incorporating the completed task by humans on the proposed A.I to be use in the crypto market.

Phase 2: Effect Smart Market
This is the stage that will allow the building of a market place where artificial intelligences services will be utilize in a commercial perspective.

Phase 3: Effect Power
On the phase, the final network began functioning to the utmost capacity of the decentralized AI computer power.
All the phases are not yet functional but the technical crew is working on the first stage which is the Effect power phase.
image(1).png

How much can they adapt.

I really do feel this is a very lucrative and convenient opportunity and the more people that know about it, the more people will adapt it. Seeing that the Effect Network will have a decentralised exchange known as the Galaxy pool, with a wide variety of crypto currencies if need be, this will create liquidity which will lead to adaption taking place at a rapid rate. The reason being is that freelancers on the EffectsNetwork that get paid in EFX tokens can easily shift these tokens to Bitcoin, Etheruem, NEO, GAS and Litecoin amongst others in order to have a more liquid currency that can be changed into fiat easily in various places and used in the "old world". In the long term, NEO, Gas and EFX will be the main order of the day but the team will do what it sees fit to keep the Effect Network liquid.

Once crypto is accepted by the masses, the fiat step won’t be necessary.

Benefits of using EFFECT.AI

  • Hospitals could use artificial intelligence to help predict which disease will the patient develop in the coming years. This is actually already being done with some diseases, but there is always the possibility of improving things and expanding its capabilities.

  • Effect.AI users completing the tasks will be immediately rewarded, and even better, the average hourly rate according to their lightpaper is going to be above 9$, which can be considered as a very profitable rate, especially in poor countries where salaries are very small and people are on a constant need for more financial resources.

Effect.AI Team

effectphoto1.png
effectphototeam2.png

Conclusion

The future is right around the corner, and we should embrace it. We have all seen in science fiction movies and series, the existence of an artificial intelligence being able to handle complex tasks, with the goals of making our society function in a much more efficient way. The truth is, when it comes to making calculations, our biological brain cannot compete with the superior speed coming from synthetic environments.

Watch this demo for more

Sort:  

You have a minor grammatical mistake in the following sentence:

In the long term, NEO, Gas and EFX will be the main order of the day but the team will do what it sees fit to keep the Effect Network liquid.
It should be in the long run instead of in the long term.

Hahaha.. This bot is really not OK. So I should get corrected for using a word I so deem fit.

Why didn't you now commend the ones I got correctly..

you've a point
this bot is really not OK

This post has been submitted for the OriginalWorks Sponsored contest!
You can also follow @contestbot to be notified of future contests!

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8485.900$1.92%-12.32%
EFXEffect.AI0.058$6.55%-10.34%
GASGas25.340$6.91%-19.12%
LTCLitecoin139.168$3.11%-19.49%
NEONEO64.778$5.46%-22.71%

Your post have been Upvoted by @BacktoSchool Community

Always follow @backtoschool and use the #bactoschool tag to receive upvotes from backtoschool.

We are a Community aimed at helping Students on the Steem blockchain Pay their school fees from Steemit platform.

Curator : @acheever

Hi

I just had a chance to read your post fully. little bit to late to be able to upvote. sorry

Really good piece of work. Im following all originalworks contenst and I know that this is second time they want people to write about effect.ai.
competition seem to be fierce and I must admit that your post is one of my fav so far.

You mind if i would ask you few questions?

  1. it's not easy to purchase effect.ai. which exchange would you recommend as reliable and safe?
  2. do you think that effect.ai will be more successful as a marketplace comparing to dbc? any thoughts?

cheers,
piotr

obviously followed :)

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54274.36
ETH 2279.16
USDT 1.00
SBD 2.33