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Author Topic: Blockchain and AI will improve the world economy  (Read 1518 times)
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May 25, 2018, 08:43:46 PM
 #81

No doubt about that fact, Bitcoin and blockchian will continue to improve the world economy as we are already witnessing the impacts on the world economy. 
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May 25, 2018, 08:59:37 PM
 #82

Blockchain and AI it's most important technologies of future. And I am sure that Blockchain and AI will improve the world economy and impact to all spheres of our life.
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May 27, 2018, 04:54:58 AM
 #83

This is a hard Core topic right now. Both blockchain and AI Technology is new to the world, and all the industries private sectors working for this technology right now you can Google and Microsoft the biggest Tech Giants who are trying to did it under the control so they can grab most of the market shares so I think around 50 years from now we will have a complete AI based blockchain fully functional in the market.
Definitely a pretty hard core one. It is more like the topic that is on the lips of everyone all over the tech space. A time will come when everything will become digital and blockchain as well as AI would have entered each and every sector all over the world that it would bring about a very appealing market in the long run. Over the world right now, there is a lot of research going on utilizing blockchain and AI in the real world and with all these things coming into fruition, it would be an amazing one.

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May 27, 2018, 07:33:48 AM
 #84

I think blockchain and AI can improve the world economy. Blockchain can make our bussiness more eficient and cost not expensive any more and AI can improve production on manufacture.
I am believe that technology development can improve our quality life

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May 27, 2018, 10:05:15 AM
 #85

I think blockchain and AI can improve the world economy. Blockchain can make our bussiness more eficient and cost not expensive any more and AI can improve production on manufacture.
I am believe that technology development can improve our quality life
Artificial intelligence and blockchain are the two major technologies that lead the innovation and change almost every industry from automotive to healthcare.
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May 27, 2018, 11:34:42 AM
 #86

Yes I guess. The current age is of the technology and Information Technology is blooming at the faster rates than the previous period. Each year passed away we step forward in the future and thus we need more Intelligent working. The AI is everywhere now, starting from the Siri on you apple product until the NASA space station we have it everywhere.

More investment goes into it than the food is grown around the world. Thus it tells us the criticality of the AI.

However to push it further in the future we do need the Blockchain technology so that we can support the advances that are out of the hands of Internet. Surely it will help us a lot to improve the economy in ultimate way.
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May 28, 2018, 12:42:47 AM
 #87

There will be a huge economical impact with the implementation of blockchain because it will be transparent and AI is the future but it will have some implications on the job market without a doubt as the jobs we see now will be taken over by AI and i am not sure how it will impact the job market but it will have some implications moving forward.

Yes. Blockchain provides unparalleled security and transparency, making it the perfect tool to track financial transactions, and even supply chains. On the other hand, AI could replace existing jobs easily as it would be able to perform any task without the need for human intervention. This would allow automated cashiers which confirm payment over the blockchain, automated gas refueling, automated bank tellers, and more.

Imagine never having to interact with a human being but just with machines instead? Since AI provides autonomy over decisions and the blockchain is the immutable source of truth, a truly efficient economy and autonomous society would be seen in the future. Therefore, I believe that the future is both Blockchain and AI as it transforms our world in ways we never thought possible. If blockchain didn't came into existence lately, it wouldn’t allowed assets to be digitized and transacted across the internet. Now that it's a reality, there's nothing stopping it from being combined with AI to become a full-fledged system that will change everything in our lives. Just my opinion Smiley

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May 29, 2018, 12:05:29 PM
 #88

many central banks adopt blockchain and AI technology. I think this will simplify and improve the transaction system in the bank. which is planned to improve the world economy.
Not just banks but every other sector we can ever think of. Health, legal, Engineering, name them all will be affected with the blockchain technology and Artificial intelligence. So many developed countries would obviously want to do research to quickly bring about the innovation to life the more and that would really give them an edge in this space over time. Let's see how the world is going to be evolving pretty soon with these two but it sure indeed will bring a lot of improvement to the economy.
If we look the role of blockchain in crypt we will understand the importance of this technology. The future is changing and all other technologies will overcome by blockchain in the near future. Very little people know about these technologies but it is also like computer and cellphone technologies. It will prevail in the world very soon and people will use it.
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May 29, 2018, 12:42:04 PM
 #89

There will be a huge economical impact with the implementation of blockchain because it will be transparent and AI is the future but it will have some implications on the job market without a doubt as the jobs we see now will be taken over by AI and i am not sure how it will impact the job market but it will have some implications moving forward.

Yes. Blockchain provides unparalleled security and transparency, making it the perfect tool to track financial transactions, and even supply chains. On the other hand, AI could replace existing jobs easily as it would be able to perform any task without the need for human intervention. This would allow automated cashiers which confirm payment over the blockchain, automated gas refueling, automated bank tellers, and more.

Imagine never having to interact with a human being but just with machines instead? Since AI provides autonomy over decisions and the blockchain is the immutable source of truth, a truly efficient economy and autonomous society would be seen in the future. Therefore, I believe that the future is both Blockchain and AI as it transforms our world in ways we never thought possible. If blockchain didn't came into existence lately, it wouldn’t allowed assets to be digitized and transacted across the internet. Now that it's a reality, there's nothing stopping it from being combined with AI to become a full-fledged system that will change everything in our lives. Just my opinion Smiley

Personally i am not that really particular on AI system, but eventually we cannot argue that the world of technology is coming forward to AI as a future, and since we are talking abouy blockchain system also, i am watching what will be its co-existence and the implementation of AI in the world of blockchain.

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May 29, 2018, 01:15:11 PM
 #90

I think that decentralized currency can exist all over the world, and I certainly talk about bitcoin here. But it needs to be decentralized and not supported by anyone. Only the currency that gets that value in the free market, is governed by supply and demand.
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May 29, 2018, 03:39:15 PM
 #91

Blockchain and AI is the way to the future,  It will improve world economy for sure,  By its system and by its function to the society, and in the first place it is made for the sake of the improvement and revolutionization of the world economy,  technology helps a lot in this matter,  it will make transactions,  security and services more satisfying around the globe.
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May 30, 2018, 09:08:48 AM
 #92

Blockchain and AI is the way to the future,  It will improve world economy for sure,  By its system and by its function to the society, and in the first place it is made for the sake of the improvement and revolutionization of the world economy,  technology helps a lot in this matter,  it will make transactions,  security and services more satisfying around the globe.

Blockchain technology is interested in more and more companies around the world from various industries. This is a breakthrough technology that, combined with AI, gives unlimited possibilities for the development of all areas of economics.

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May 30, 2018, 09:17:53 AM
 #93

Not many see the connection, but it IS there. Blockchain enables us to deploy truly "serverless" and decentralized apps, and that's a perfect medium for AI to be deployed on.

As to crypto, I think it's a perfect value transfer layer for both biological and AI agents. In fact, it's the first form of "money" fully accessible to non-human entities.
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May 30, 2018, 09:26:59 AM
 #94

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Huh

Not only improve but also change the economy in a good way. Blockchain nowadays is a trend which is now being revolutionized by people using it and AI is the evolution of technology which would make hard work easier.

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May 30, 2018, 01:39:35 PM
 #95

Blockchain will do it. I have heard that Porche company has already started using these technologies. I believe soon it will be used everywhere, in all spheres of life.
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May 30, 2018, 01:53:38 PM
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Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Huh

It will definitely improve our economy worldwide since we are dealing with the technology that never commits mistakes. When we talk about centralization with the use of human being as what we always do just like in banks in making decisions and whatsoever, it's where the blunders and fraud takes place that could damage our economy and a possible hyperinflation will happen due to human error and flaws.
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May 30, 2018, 01:54:13 PM
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Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Huh
I agree with you if every bank in the world creates blockhaind technology in financial terms. because if viewed from the point of efficiency of blockhaind technology will greatly facilitate each user in terms of transactions or transfer financial problems for a global scale. this will certainly be very easy and fast unlike the case with fiat currency in general. I hope this can be realized and accepted by all levels of government around the world to use blockhaind technology.

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June 01, 2018, 08:14:20 AM
 #98

AI will improve the world economy naturally, we just need to be careful with where all the profits go.  Currently in the US the top 1% owns something near 50% of all the wealth in the country, and the bottom 50% of people don't even own 10% of the wealth.  Something needs to be done about that disparity eventually, as people wont stand for it forever.  AI will expedite the issue as there will be fewer and fewer jobs that pay well enough.  Once the profits from such technologies are spread throughout society we'll truly enter a golden age.  What average people will do when we finally get there is anyone's guess, though.
Well, that is more like some of the things that makes the developed countries what they are till date; Innovation! As long as some will get innovative in this area in using the AI to improve the way we do things, the profit of their innovation will always go to such places.

However, the good thing is that Blockchain and AI is obviously going to be changing a lot of things positively and like you said, it will end up being more of a golden digital age.

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June 01, 2018, 08:35:21 AM
 #99

Since the inception of the blockchain with Bitcoin in 2009, there has been a huge interest from governments, and central banks alike to design their own centralized digital fiat currency for their benefit. Given the security benefits and efficiencies that the blockchain provides, it would be used well in conjunction with AI technology, to transform the global economy in ways we've never thought possible.

As such, there could be a future where everything is managed by AI and the blockchain would serve as the security and settlement layer for any kind of transaction. A one world currency might become a reality where it is backed by all the banks and governments alike. If this happens, then true autonomy would become established enabling everyday devices to operate on their own and "monetize" themselves via the use of a single unified global currency which operates on a blockchain.

Therefore, both the blockchain and AI will have a huge impact in our world economy, and every aspect of our lives as we know it. Of course, this might take quite a few years to happen, but the benefits provided by such technologies would be too hard to ignore.

What are your thoughts about this? Will both Blockchain and AI improve the world's economy?  Huh

i think artificial intelligence can improve World's Economy also Blockchain can.But while technology has created these new challenges, it may also hold out some potential solutions. In a recent paper, we explore how new tools in machine learning, text analysis, and artificial intelligence can improve how the government interacts with the public. These new technological advances can help ensure that people’s voice is actually heard in policymaking.
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June 01, 2018, 10:52:50 AM
 #100

It's really a good thing that the blockchain technology was really discovered. And I agree with you, the arrival and use of this new technology can really change the world. This is because that, there is more to this technology than we are seeing. It's doesn't really ends with the digital currency. The is what most people don't understand,  they believe that when they talk about blockchain; it's all about cryptocurrency.
The arrival is already changing the world gradually and I believe it will even change it the more for the better as we move on in this space. One thing I have always known with new innovations is that it will keep evolving and from the little things we have seen so far with blockchain and AI, we are definitely not where we used to be few years ago and this disruption is really going to be a huge one in the long run, I believe!
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