Blockchain technology is poised to innovate applications for artificial intelligence (AI). This is applicable to the current dynamic of global enterprises. Shervin Pishevar called attention to similar impacts that stateless digital currencies have upon small business.
Both AI and decentralized digital currencies are growing. Currently, private sector AI innovation primarily occurs at just a few research and development departments. These departments are connected to powerful monopoly like organizations. Many leaders and industry experts believe AI will advance global society to a new age. As Shervin Pishevar alludes to, this reshaping of the world requires the input of more than a few people.
The AI industry has grown at seemingly lightning speed. There is consensus that AI will be one of the most, if not the most, impactful technologies for the future. However, there are problems beyond innovating the technology for practical use. One of the most pertinent issues is that of human factors. Can an AI with significant control over daily life sustain the core values of humanity? This concern escalates when one realizes how few people are involved in its innovation.
Currently, AI is dominated by Amazon’s AWS and Microsoft’s Azure. Both are well recognized and respected companies. However, neither can claim a true pioneering spirit in the AI industry. Their loyalties to stockholders and diversified business interests do not align with the development of AI in the best interest of humanity. Furthermore, Shervin Pishevar identified monopolies, of which, both Amazon and Microsoft are included.
The dangers of modern monopolies is the impact to startups. By limiting startups, true innovation suffers. Ideas become centralized and focused toward maintaining outdated corporate agendas. As this suggests, centralized AI is not only bad for human factors but also limits the development of AI. It seems to use this technology to achieve linear objectives that support the agenda of a single entity. This contrasts the concept of a thinking intelligence and restricts AI technology to something similar to conventional linear programming. The insightful comments of Shervin Pishevar should be heeded as a warning that innovation and technology need to progress together.