EFFECT.AI Decentralized Network for AI
Effect AI is mechanical turk or artificial intelligence decentralized network. What is mechanical turk? It is humans performing micro task that computers or AI cannot currently do. The biggest competitor for effect AI I is going to be Amazon mechanical turk, they seem to be the biggest on the internet run by Amazon centralized authority obviously with all the disadvantages that brings. So the competitive comparison is an evident that Amazon m-turk will cost more to use. Its restricted as well so people in certain countries can’t use it. Whereas the Effect network can be accessed in every country in the world and you can get instant withdrawals of your funds in crypto where is amazon you have to wait one to 7 days and the average hourly rate over worker is more than double using the AI effect and Turk system. The other thing that is gone as advantages obviously is far more secure and private being a decentralized system than the Amazon system which is centralized. Some of the key advantages; availability, tax value, security pay-out time, privacy listed in the white paper.
So, the 3 problems they want to solve. The first one is being data processing. The data processing is expensive and very time consuming to get this sort of detail of AI needs to operate on its own and very expensive obviously, takes a long time, a lot of information you need to collect to get the data sets. So, they are going to solve that by utilizing mechanical Turk initially, human interactions performing micro tasks so that AI can learn and they can also put the client in touch with people that will perform the task as well. So, the data processing can get done a lot cheaper than the client would be able to do on their own. Number 2 is diverging tasks, these are obstacles when developing a complex algorithm and it’s the need to interact with parts of world upside the current demand so the example they gave in the whitepaper is a self driving car, self driving car needs to learn how to steer but at the same time it needs to also be able to identify and read road signs so that’s a divergent task. Number 3 is computational costs like quite simply a computational cost for this type of application for AI is very expensive. Because developing and training a large AI is an intensive for your computing power especially for a GPUs and you will probably need a decentralized or distributed network to harness the computing power to have the large effective operating AI so when we take a look their aims and what they’re trying to do and some of the solutions to fixing these problems.
So, their aims are to have a private decentralized ecosystem called the effect network which will be designed as an alternative to the current centralized systems are provided by the big global giants such as Google, Amazon, IBM and the some others. So, they’re going to be first of all micro tasking system on the blockchain and initially I think a plan to use the ethereum blockchain but they have switched to NEO which is interesting and that will solve probably the scalability issues going forward plus it’s nice to see another project being built on the NEO blockchain. The artificial intelligence market is growing, by utilizing this micro tasking platform they will make training the AI a lot quicker, a lot better and also a lot cheaper and also means it will enable users who don’t have access to large data sets or big networks to train their AI. As well as performance will increase as well because then you will be able to buy the data sets on the platform so your performance will increase you don’t have to go through the whole process, compiling your own data sets etcetera and the other interesting and thing they want to implement is interoperability between different AI algorithms on the blockchain so they want to create a standard which all these artificial intelligence algorithms have to comply to and then they will all be communicating with each other and they can have this interoperability between individual artificial intelligences. It sounds quite futuristic and it certainly sounds exciting. So, when we look at the market who’s going to use the service and how much is it worth? So just a little bit more about the demographic. 75 percent of it American roughly. 15 to 20 percent of the turkers from India and the remaining 10 percent from other countries. The requesters are people actually ask for the task to be completed and obviously prices for each task very quite high but I thought I’d mention this because it’s an interesting to see just exactly what. The kind of tasks they are performing a forward to several categories. Data categorizing, meta data tagging, character recognition data entry, email harvesting sentiment analysis and also ad placement on videos of course there are other uses as well as just a small selection. So, how much they earn these turkers? well it’s an achievement to make 700. The so the wages aren’t exactly that great, they are below the US overal live obviously but again that’s for Amazon and turk platform maybe these decentralize platforms can offer a slightly better wage and that would be more incentive for these turkers to use them rather than the centralized equivalents.
So, they have a 3 phase plan, phase one will be for the decentralized mechanical turk. what the mechanical Turk is as I’ve already described, it is a private decentralized peer to peer market place a for work that requires human intelligence. This is obviously going to be compiled and done through smart contracts one the NEO blockchain. The requester has to use the AIX token, the effect token to request tasks to be performed then integrate with the user interface which use smart contraction in the effect network and then the tasks are completed by the turkers or the workers and they get paid in AIX as well so simple is that. The second phase will move on to AI marketplace, that is a decentralized marketplace where algorithms can exchange of services with users and each other so if you are an application owner you can register your product and a specified a price or usage fee for consumer. So, if you’re a consumer you need these micro tasks done, you can use your AI and sell it to them so that second stage because eventually what’s going to happen is you’ll find that the AI so intelligent that it will affect effectively cancel the need for the human interaction. So, all this micro tasks humans are currently performing or required to perform will be nevoid. The AI will be clever enough to take over and do all its own. The third phase will be the decentralized AI, we will have the different AIs on different algorithms all being able to be interoperable and they talk to each other and then basically be on a decentralized computing network so there’s no single point of failure.
So the technology, they are going to launch an alpha which is not ready at the moment but it is coming So, the advantages of these system over the centralized system is that there isn’t big fee to pay so you will get more money for your work so your labor will be rewarded and the way that they going to do this is obviously having a decentralized network, they are not a centralized company, they don’t have big overheads so the the fees the turkers will get will be more than a what they will get on Amazon and the estimate something like 40 percent more so that’s quite significant, especially if you’re relying on that for an income. A little bit more detail how it works. The requesters are people that request the tasks and workers are the people that actually perform the tasks all these micro tasks, tasks are the pieces of work that has been submitted by the requester and then there used to build a data set as well so the AI effectively learning from what humans are doing as well that can mimic and copy and eventually do itself. So, data sets are basically consist of a lot of different types of media so you can’t store them on the blockchain so decentralized storage option only to be used like BitTorrent or for example IPFC which are quite common these days with the decentralized storage systems. Obviously is your privacy is as important as well so that’s not desirable for clients so the network must be private as well so data sets can be encrypted and the users can be rate as well. So you’ll be able to rate the user depending on the work that they’re performing and how good they are as well.
Website: https://effect.ai
Twitter: https://twitter.com/effectaix
Facebook: https://facebook.com/effectai
Telegram: https://t.me/effectai
Whitepaper: https://effect.ai/download/effect_whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2737469.0
Authored by: donniedarko
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