Janet Adams, COO of SingularityNET, believes blockchain is crucial for democratizing powerful technologies like artificial intelligence (AI). A view that runs contrary to the prevailing sentiment that AI and blockchain are incompatible.

Janet Adams, the chief operating officer of SingularityNET, the company behind the most popular AI utility token, AGIX, believes blockchain is crucial to democratizing AI. Speaking exclusively to BeInCrypto, Adams went against the grain of much of the industry, which largely believes the two technologies cannot integrate.

SingularityNET’s Role

SingularityNET is a decentralized platform that aims to facilitate the creation, interaction, and coordination of AI.

“Blockchain is the fabric of decentralization,” Adams stated. She went on to offer a general assessment of the complementarity of blockchain and AI.

“For safe Artificial General Intelligence (AGI), and for democratic access to powerful technologies, there is no technology better than blockchain for implementing democratic and decentralized governance and access.” 

Blockchain Democratizes AI

“Blockchain enables the decentralized governance, the decentralized everything, and our AIs are all run on our decentralized marketplace,” she continued.

Dr. Ben Goertzel founded SingularityNET in 2017. He is one of the world’s foremost experts in Artificial General Intelligence. A term used to describe highly autonomous systems that possess human-level cognitive capabilities.

AGI includes abilities such as understanding, learning, reasoning, problem-solving, and creative thinking. SingularityNET estimates that human-level AGI is only three to seven years away.

Would it be impossible to have a democratic AI without blockchain? “No,” argued Adams. “But, it would certainly take a huge amount of extra engineering, work, time, and expense. Blockchain is the perfect technology.”

Proponents of AI are understandably anxious about the danger of replicating the centralization and inequality of Big Tech. Of the five biggest companies on the planet, four are tech giants: Apple, Microsoft, Alphabet, and Amazon.

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Author: Josh Adams

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