@crypto.piotr - LOL, It's ironic how I just posted about an AI cryptocurrency project! So, I think it's apt that I use my example of my latest article on SingularityNET.

This project is trying to create Artificial General Intelligence (AGI) which is AI on the level of human intelligence which has to pass the Turing Test. Today, we have ANIs - which are Artificial Narrow Intelligences. These can be thought of singular or siloed algorithms which perform a specific role and operate in the domain of that role very well. Examples of ANIs would be the algorithms used in Self Driving Cars, Quant Hedge Funds, Facebook Targeted Advertising, NSA Profiling & Advanced Robotics (Such as the ones in automotive factories).

However, like I said before, these are siloed algorithms which have a singular purpose and are inflexible by design. They are also designed by corporations for a specific purpose for two reasons - it is easier to make a siloed ANI & it helps them automate a certain role (ie - replace a human with an algo). Now, SingularityNET wants to build an intercommunicable blockchain where different people can buy and sell AI services and where people and institutions can source their AI code using the AGI cryptocurrency as the currency or reward. They also want to make a blockchain where AI can communicate and learn from each other. The technical, coding & mathematics details are quite complex and I go into a higher level abstract in my post, but the purpose of this is to ultimately create an AGI or a brain consisting of different AIs which is an open-sourced, decentralized AI which is very powerful and which can lead us to the Singularity. This can actually change the world because, it will have AI that is able to compute and actually process information, adapt to new environments just as the human brain does, except with exponentially less computational limits or errors.

Since the AGI would be decentralized, it would allow all humans with computational resources ( a smartphone or a PC, etc. to access the abundance of information or knowledge. And you know what they say, knowledge is power 😉

Cheers!