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 Ideas become centralized and focused toward maintaining outdated corporate agendas.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.
For the longest time; the world has been benefiting from individuals who have chosen to break beyond the norms and make innovations. Most of technological advancements that the worlds enjoy were created and designed by persons with great minds. Some of the innovations include iPhones, as well as the Pyramid of Giza among others. Brilliant entrepreneurs have been behind some of the great developments experienced in the government of the United States of America. The founders of the United States of America are considered to be great modernizers who were able to create and design something that made people have great faith in man’s abilities. The brand social entrepreneurs were of a great benefit to the people of America as they were affected by corporatists, socialists, philosophical groups as well as authoritarians.
The social entrepreneurs are also known to creating new business representations that are known to change the face of the market. John D. Rockefeller is one of the entrepreneurs who has greatly c hanged the face of the world through his revolutions. It is understood that in the 19th Century, Mr. John D. decided to change the mind of the market by selling kerosene instead of the Whale Oil. After engaging some of the top chemists in the world, John discovered that crude oil could actually produce gasoline. Rockefeller was one of the innovators who designed internal combustion engine, and the petroleum was used all over the world. Eventual y John created Standard oil which was not his end. Later he realized both the vertical and the horizontal business production methods.
Erick Pulier is not an American entrepreneur but he is also a humanitarian and an author who is based in Los Angeles. Mr. Pulier was born and raised in Teaneck, New Jersey. He began doing business at a very early age, and at fourth grade, Erick was already programming computers, and as early as during his High school years; he had established data base firm. After his High School graduation, he attended Harvard University where he studied English and American Literature. While still at the University; Mr. Pulier was an editor for the University’s column; The Harvard Crimson. Being a philanthropist he established People Doing Things in 1991. The organization has been addressing issues in various sectors including; the health sector, education as well as other sectors using technology. Pulier is a major contributor to the community and he is a funder of organizations including The Painted Turtle which is a camp for children with chronic illness.
Learn More: ideamensch.com/eric-pulier/