New open source project: Creating super intelligence on steemit for financial research

in #utopian7 years ago

This article is part of a series of articles explaining how we will be launching a new financial research system on the steemit blockchain. In this article I will be exploring how "swarm intelligence" when combined with Steemit is the perfect tool for Research.

Creating Super Intelligence Part 1

Swarm intelligence + steemit financial research community = Super intelligence

For well over a century, researchers in the field of Collective Intelligence have shown that groups can outperform individuals when making decisions. There’s an old saying that two heads are better than one. We wonder how smart 10 heads, 100 or 1000 could be. We will be establishing a new community on steemit.com which will be empowering users to amplify their collective intelligence. We will be using AI algorithms to produce an emergent intelligence that can “think together” as a super-expert. 11stock000049591616large.jpg

What is Swarm Intelligence?

A honeybee lacks the intellectual capacity to consider a problem like selecting a new home site for a colony but swarms of bees solve that multi-faceted problem and find optimal solutions. If we can mimic the behavior of swarms, we expect to be able to achieve similar increases in intellect and solving problems that individuals can’t even replicate.

Swarm intelligence is the way that nature has evolved to tap into the knowledge, intuition, experiences, and instincts of a group. The Swarm produces better answers/decisions than could be produced by any single individual. Swarming amplifies the intelligence of the species, resulting in “super-organisms” which are able to solve problems which are beyond the capacity of the individual members.

Swarms don’t get mired in stagnation and indecision. They pool their diverse knowledge efficiently and reach an optimized decision. Studies have shown that swarming allows groups to make predictions and craft estimates that are more accurate than those achieved by polls, votes, surveys, and traditional forms of group decision making.

david-castro-with-a-swarm-of-bigeye-fish-at-cabo-pulmo-baja-california-sur-mexico-by-octavio-aburto1.jpg

Why should I care?

One thing every investor wants is more accurate and insightful intelligence which can give them the edge. The incentivized crowd on Steemit plus the AI algorithms give the ability to predict outcomes with greater accuracy and deeper insights which can offer an investor the edge.

All research produced by this project is open source and can be used in any way.

Do you want to ba a part of disrupting the financial research industry and have unparalleled access to the knowledge and wisdom of the crowd? Then make sure you follow us

Part 2- Released tomorrow 2/1/18

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this is quite interesting, there are many projects looking to bring AI into predictions and many people using scripts and the likes, but having a community to back it all up is something only we can hope for :) so make the best of it :)

cheers to the #challnge30days and @dragosroua ;)
I owe my blogging beginnings to him and his initiative :)

Informative and useful post thanks for sharing friend happy new year

Glad you enjoyed it

As a potential investor, I sometimes wonder where to get reliable financial advice about crypto investments. I will like to follow you to the end of the challenge @tony10.

Welcome aboard!

Very interesting. I will follow your progress in this project.
Up voted and resteemed

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by tony10 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.

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