Fun

370K nodes on HyperCycle could combat AGI threat to humanity

News Feed - 2024-03-01 04:03:00

Andrew Fenton4 hours ago370K nodes on HyperCycle could combat AGI threat to humanityA new ledgerless blockchain is connecting AI agents around the world and, one day, hopes they will combine into artificial general intelligence.1148 Total views2 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksHyperCycle, an early-stage ledgerless blockchain project that connects artificial intelligence (AI) machines to share resources, has signed up 347,000 computational nodes to the network, according to CEO Toufi Saliba.


Each node only costs around $1,000 at present, so that’s not a huge amount in dollar value, but the project was founded to become “the internet of AI” and to one day decentralize artificial general intelligence (AGI).


SingularityNET founder Ben Goertzel is the chief AI scientist for the project, which he developed because no existing blockchain is able to provide the speed and coordination required for AI. HyperCycle uses the Toda communication protocol, proof-of-reputation and modified proof-of-work, as well as Cardano’s Hydra.


"Each and every transaction, by the way, is getting into finality in about 300 milliseconds,” Saliba told Cointelegraph during an interview at the Beneficial AGI Summit in Panama this week.HyperCycle CEO Toufi Salibi in Panama. 


Picking up on the theme of the conference, Saliba warned that AGI could quickly transform itself into a superintelligence providing a vast amount of power to any centralized company or authoritarian country that develops it first.


“It would be the worst thing that ever happened to humanity," said Saliba, who has been working in AI for over a decade and is convinced that decentralized governance is the only safe way to create a beneficial AGI.


So, that’s the wildly ambitious aim that justifies the “hype” part of the HyperCycle name. For now, it’s a business-to-business play concentrating on hooking up AI businesses. HyperCycle nodes contain a virtual machine, transaction machine and AI machine that enable an average of 150 AI agents per node to interact and transact with one another.


Saliba used the example of an optical character recognition (OCR) AI app encountering text in the 3,000-year-old Aramaic language. It could call on an AI service that specializes in Aramaic OCR, pay it via a smart contract microtransaction, and use the service instantly, almost as if it were part of its own application.


He said HyperCycle has a well-known large deepfake video app using the network. On a recent podcast, he revealed he’d met with Nvidia to discuss the “internet of AI” concept. He told Cointelegraph that he can’t comment further on the meeting.


Saliba explained that companies installing the nodes don’t care about crypto or saving humanity, they just want to make money from their AI agents or reduce their own vast AI compute costs.“People don’t even care about decentralization. Most of those companies are existing AI companies. All they care about is ‘show me how I can reduce my $200,000 bill to $120,000.’”


If the network can scale up — and that’s an open question since it is relatively new — one exciting but so far completely theoretical possibility is that connecting AIs to work in concert may itself be a path to AGI. Saliba believes the network itself may be a way to achieve AGI as an emergent property, where the sum of the AIs on the network is greater than the component parts.


Saliba used the metaphor of a giant brain, where each AI node is a neuron that can fire together. “The more you have those propagated across the globe, the more likely that the AGI is achieved by utilizing all of those neurons,” he said.“So, in that approach, the entire world has a much higher chance to get to AGI as a single entity.”# Blockchain# Interview# Business# Decentralization# AIAdd reactionAdd reactionRead moreMicrosoft launches AI-powered ‘Copilot for Finance’Prominent short-seller Citron targets Coinbase stock after exchange outage

News Feed

Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally?
Este artículo también está disponible en español. Dogecoin (DOGE) has become one of the most popular cryptocurrencies after a 112% growth in the past week. DOGE leads ano
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders Asian cryptocurrency exchange Okex s
Helen Partz12 hours agoCrypto investment products see largest inflows since July — CoinSharesCryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
Speculators and Crypto Traders Blamed for Naira"s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start In this week’s Af
Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says
El Salvador to Buy Bitcoin Every Day Starting Tomorrow, President Says El Salvador will start buying bitcoin every day, according to Salvadoran President Nayib Bukele. Since adopti
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed"s Brainard Pushes for Strong Regulation U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chai
BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows
William Suberg1 hour agoBTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflowsBitcoin wastes no time liquidating shorts as a BTC price rebound follows the latest Federal Reserve economic policy meeting.61
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event
Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Event TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly
Nigerian fintechs crack down on crypto, users face account blocks
Amaka Nwaokocha16 minutes agoNigerian fintechs crack down on crypto, users face account blocksThe CBN"s attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to f
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
Amaka Nwaokocha14 hours agoArkham transfers $487M ARKMs to Coinbase Prime for tax complianceAs the unlocking process progresses, Coinbase Custody will play a crucial role in managing the vesting of these tokens.4429 Tota
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500 Ethereum started the week trading below $1,500, as it was reported that Paxos will no longer mint B