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2018 has been heralded as the year the AI revolution takes to the mainstream. New intelligent automation technologies such as AI powering data analytics, businesses can make decisions more quickly based on powerful, timely insights.

http://www.information-age.com/businesses-advantage-artificial-intelligence-123470942/ (http://www.information-age.com/businesses-advantage-artificial-intelligence-123470942/)

That AI would be also used in trading bots, it would be very profitable compared to normal bots. AI can also used to predict future prices of coins, it can work with lots of data.

I totally agree with you, I am actually following an ICO that is making it possible for traders to trade using a chatbot with the help of AI, which I truly believe it will be a life saver and very helpful, not mentioning the fact that it will reduce commissions that IDBs charge us with, while trading. So, I'm looking forward to the future :D

Artificial Intelligence seems like a double-edged sword. As of now, there's a lack of jobs, resulting in unemployment rates across the world. If we are to create artificial intelligence, it can greatly contribute to the lack of jobs and raise the unemployment rate.

Beyond that, however, AI is an extremely cool push in the technological future of the world. It can basically be used for anything that requires computation. They'd be very good at data analytics, graphing profits, managing funds, and essentially most of what humans already do.

While I do think AI is the future and it can help us I have some reservations about AI and won't believe in it until I see one company who is mainly AI succeed. Reason for that is because I don't understand it, and I am not going to try sit here and talk about things I don't understand *ahem Warren Buffet* **ahem ahem media pundits on crypto** :D

This isn't an issue, any technological advancement will be good for the human race in the long term. Short term it may make some people in certain employment sectors unemployed but it will increase global productivity and can lead to many more employment opportunities. The danger does not come in terms of increasing productivity but how things are then managed. It's easy to see that better technology leads to more resources for the world, the issue is then as to how to fairly distribute these. If the rich and powerful have a monopoly on technology and the resources it helps to produce then we can end up with a situation where the rich/poor divide is only heightening with time.

Computer scientists gonna make mad dough in the upcoming years developing such technology. Take a look at Singularity NET - at its ATH it was with like 1 billion market cap.

When you tried to read up again on the things he do said it just really a double-edge sword which having this AI innovation would really have advantages and disadvantages on lots of aspect or field but we cant really stop on evolving and we would really come to a point where Artificial intelligence would be even more considered or to be developed. Employment rate can really be affected but come to think off on the possible opportunities ahead that it makes.

Combining these two advanced technologies will lead absolutely to new unpredictable results , since AI can formulate smarter bots that can predict, manage, & perform all the operations in shorter time and higher quality .
But this has some limitations : according to venturebeat (https://venturebeat.com/2018/01/24/8-opportunities-and-limitations-for-ai-making-cryptocurrency-predictions/) the lack of data ( due to the youth of crypto business ) and the public trust can really limit the success of this combination.

Of course there are positives and negatives, as with everything in life, but in this case the argument of unemployment is a fairly moot point. Employment levels won't need to be as high if we are in a society where many things can be done for us by AI. It's really quite simple.

One of the great example that I know about an AI is its application in the Pharma science filed in the research laboratory. The computers there are so so powerful that they can actually form the great decisions to help and support the research scientist over there. The out puts are based on the human input and they are far better than the human research. This is giving advance chemistry field more accurate results and we can now form complex pharmaceutical molecules at glance. Considering this fact, I would like correlate this with the blockchain technology where we can use it to increase the power of AI. I mean that would be such great example in all time future ! The speed and accuracy of the AI can get multiplied by block chain and also it will be smarter to work through decentralised nature accessing the data all over the world repository. Thats just speculation but feel it!

We cannot deny that technology is advancing and we can't stop it. AI is very in demand these days, it can benefit both financial and analytical ecosystem. AI can be consider as the future of computation and Blockchain and is just a perfect match to combat inaccuracy.

I'm not saying that the solution is not simple or that it's hard. I find it hard to see how you believe that employment levels won't need to be high if we are in an AI driven society. As of now, practically everything we do is dependent on some form of currency or money. If we're to move into an AI world, there will be some transitional period where both money and AI live at the same time. The main way to get money anywhere on Earth is through a job. If we have both AI and currency existing, then for your point, it's pretty easy to see that AI easily impacts employment and general well-being. I could see your point if you're talking about a world with AI and without money, but I don't think that situation will really arise.

The point I was making, if world productivity increases then resources will be more abundant. Prices and such will decrease for basic goods like food if they're more readily available. While we may have more people who are unemployed, the world should be much more plentiful and so being able to support those people through some form of benefit should be much more feasible. I understand it is a bit of a jump and it relies on the world functioning in a socialist way.

I understand that what I am saying is perhaps a little far-fetched but it makes sense in my mind. Hopefully you can gain some insight from what I wrote or I'll try again to express my opinion in some other way.

AI is a gigantic opportunity, and many governments are already working to make sure that their countries get a big piece of the pie. Canada, Japan, the UK, Germany, and the UAE all have national AI plans. Tax reform and deregulation in the US may give AI a boost in the US. AI is going mainstream, and 2018 will be seeing a lot of projects related to it.

Businesses will take advantage of artificial intelligence right now to automate increasingly complex processes, identify trends to create business value, and provide forward-looking intelligence. This AI is often “entering through the backdoor” as everyday applications incorporate it. The result is less busywork for humans and better strategic decisions: employees working better than before. But since traditional ROI measures may not capture this value, organizations will want to consider new ones to better understand what AI can do for them.

I don't see that this topic is related to trading discussion, please someone explain this to me. Better to put this in off topic section here in bitcointalk.org. Did the moderator see this to redirect or replace this topic. Just saying, please no hurt feeling folks.

Because the business must think first and calculate how much profit and loss we earn in trading, therefore we can be intelligent by itself.

AI bot can be used to do technical analysis and notify you on the trend. It can also be used to do trading by feeding it past data of a coin and letting it make buy/sell calls according to it.