Reducing Global Poverty aided by Effect.AI

in #crypto6 years ago

Poverty knows no Religious Creed, Color or Race

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Image Source: pixabay.com

Taio is a five year old boy in Jiangsu. He doesn’t know where his next meal would come from, seeing his mum has been trying to raise capital to start a tiny business,and it has been unfruitful so far.

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Image Source: pixabay.com

Keahi is a nine year old girl in Vientiane, she has stopped going to school, because her father has been laid off from work.

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Image Source: pixabay.com

Musa is a fifteen year old boy in Kano. He has no shoes nor clothes to put on. His brother was arrested by the cops while trying to steal something for him to put on.

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Image Source: pixabay.com

Jada is a thirteen year old girl in Lower East side, Manhattan, she has been hungry for the past four hours because there is nothing left in her parents reserve.

All these people in different regions of the world have one thing in common: Uncertainty. This naturally follows, where poverty goes.

Their stories could be different, if they had a means of livelihood, or something to act as a support to whatever comes in, irrespective of how little it is.


A Solution Staring Us in The Face

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Effect.AI’s Mechanical Turk has the power to be a solution to poverty, seeing that it is a decentralized platform, where Workers complete Human Intelligent Tasks (HIT) uploaded by Requesters. On completion of these tasks as requested, they are paid a fair remuneration for their efforts, quickly. These payments are made in the form of EFX tokens, which is used solely on the platform. These can be converted to other cryptos and exchanged for local currencies.

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Being decentralized ensures that there is more money in their pockets for successfully completed tasks.


Bots, smart cars, smart homes, smart watches, smart phones. They might be “smart”, but human input is still needed to get them to function as expected. These human input is what is referred to as HIT in the previous paragraph, and this is what brings companies seeking Workers to perform specific tasks to the platform.

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Image Source: pixabay.com

Using a very basic example; when a self -driving car company is in production, humans are needed to annotate thousands of images and classify data-satellite images/aerial photography annotation, advanced object recognition, and detailed landmarking are some of such tasks. in basic terms, routes need to be identified, traffic lights need to be obeyed. Objects need to be identified, so that these AI systems can use this data to make the right choices.

From time to time, this data is reviewed, and improvement would need to be implemented. This ensures that companies would keep on coming back to get the data they need from Workers, and Workers will also become returning customers, seeing they are being paid a fair wage, and they are able to make a living off the marketplace.

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Image Source: pixabay.com


**CONCLUSION** Could people (in some cases) be trained to use this platform to change their stories? I really think so, and I would love to see that happen in different places around the globe, sooner rather than later.

It might not be the focus of Effect.AI, but we are at a point where we can kill two birds with one stone. Poverty is a scourge, and we must use every tool in our possession to kick it out of the world.

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Image Source: unsplash.com

Together, we can solve real world problems, and light up the world while offering business solutions, simultaneously.


**ADDENDUM**
*To see a demo learn more about how the marketplace works, kindly watch the video below.

*Update about Effort Mechanical Turk.


RoadMap

The Team Image Source: SolCross

**MORE INFORMATION & RESOURCES:**

Effect.AI's Website

Effect.AI's Whitepaper

Effect.AI's Lightpaper

Effect.AI on YouTube

Effect.AI, Medium

Effect.AI, Facebook

Effect.AI, Twitter

Effect.AI on Telegram

This is my entry to the @originalworks contest here

All Images, except where indicated, are used with permission being granted by Effect.AI

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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 :)

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