Intelligence (AI) is progressing rapidly and has caused many wrongdoings. We see AI applications everywhere we look: from smart phones to autos to biotechnology, AI has become popular. AI is often considered a major component of the Fourth Industrial Revolution. Like previous revolutions, the Fourth Industrial Revolution has the potential to increase global incomes and improve the quality of life for people around the world. However, the revolution could bring greater inequalities, especially the potential for labor market disruption as a replacement for labor across the economy. Imagine the whole of human labor being replaced by automated machinery and management elements. Some people have got ideas about labor taxes made by AI algorithms, to compensate for the loss of jobs in many areas. This idea seemed to be unrealistic at the time, but this concept could be implemented on the web, a decentralized network for AI. Effect.AI brings AI algorithms into a non-centralized and transparent platform, provided by blockchain and accessible to all.

What is the Effect.AI?

The increase in AI applications can be explained by advances in Machine Learning (ML), Computer Vision (CV), and NLP (Natural Language Processing), as well as the availability of cloud computing. clouds. This has led to widespread adoption by the industry and the advent of a billion dollar economy around smart applications. But there are also many uncertainties to mention:

• Intelligent applications perform traditional tasks that require human feedback. These tasks involve processing unstructured data and templates that can provide useful results. These applications are trained in large data sets with annotations. Getting annotated data sets is not trivial and requires a lot of time and resources.
• The second issue is the need to interact with parts of the world outside the current domain. For example, a car driving a car driving a car will also need to identify signs around the world. This situation can best be considered as a knowledge system where the classification of the sign is made by an external application. This greatly increases the complexity of an application.
• Third, the cost of computers, with the computing power of hundreds of FLOPS, is extremely expensive, not to mention the bulk of the research costs.
  

Intellectual Market (AI) market is growing significantly but has become more unstable than ever. The demand for reporting data is too great and a complex technical infrastructure has stifled the company’s growth behind the closed doors of corporations. Effect.AI provides services to the market, replaces a number of existing and non-fee-based services, has a low entry barrier and provides rapid development of the industry. This is done by three platforms running on the NEO blockchain and is driven by a network card called EFX.

1. Accessibility. By directly linking supply and demand through our microtasking platform Effect.AI Mechanical Turk (EMT) will make training AI algorithms easier, faster and cheaper. This will enable users who do not have access to a large dataset or a big network to train their AI algorithm.
2. Accuracy. The Effect.AI Smart Market (ESM) is an exchange with a rich ontology of specialist AI applications. Individual applications are able to find each other to buy or sell information. Through this exchange, users can use data sets with significantly higher complexities to train their AI algorithms.
3. Performance. Users can enrich their existing datasets by purchasing services from algorithms on the ESM, or they can setup a new datasets by creating micro-tasks on the EMT platform. By enablinguserstobuilddatasetsquicklyandaccuratelytheycanimmediately use these datasets to train AI algorithms.
4. Interoperability. By putting the AI algorithms on the blockchain and creating a communication standard to which these AI algorithms have to comply to, we can truly decentralize AI and achieve interoperability between individual AIs . The combination of multiple AI algorithms will result in powerful capabilities and emergent intelligence that no single AI algorithm can achieve on its own.

More specifically, the three systems of Effect.Ai: Effect M-Turk, Effect Smart Market and Effect Power.

The network will be deployed in consecutive phases, allowing adaption and development of the network to grow together. The phases cover independent market sections but are interconnected in our network model and are all fueled by the same token; the EFX token. I can not list all the great features of the system here, but you can find out more about the project in the white paper attached below. The future potential of artificial intelligence is undeniable, and Project Effect.Ai is worthy of that trust.

Development team of the project:

Selling and distributing tokens:

More infonation:
🌐Website: http://effect.ai/tokensale
💡Whitepaper: http://effect.ai/download/effect_whitepaper.pdf
💻Telegram: https://t.me/effectai
👨Facebook: https://facebook.com/effectai
💰 Twitter: https://twitter.com/effectaix
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Success comes from ideas, starting with enthusiastic people and flying high by the whole community

-Author: Hoangvuhk3110
-Link Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1805177