Will Bitcoin Lead to the SIngularity?

[Paleus]

In 1993, professor Vernor Vinge of San Diego State University, published a paper predicting a point in the near future where technology itself would be capable of creating greater-than-human intelligence. This point, Vinge characterized, would see large computer networks and their associated users “wake up” as superhumanly-intelligent entities. In such a scenario, technology would be capable of improving upon itself in such rapid succession, that from the purely biological perspective, it would be seen as an “intelligence explosion”. This future point in time at which technological development irreversibly changes the conditions of human civilization, has come to be known as ‘The Singularity‘.

“This change will be a throwing-away of all the human rules, perhaps in the blink of an eye — an exponential runaway beyond any hope of control.

It’s fair to call this event a singularity. It is a point where our old models must be discarded and a new reality rules, a point that will loom vaster and vaster over human affairs until the notion becomes a commonplace. Yet when it finally happens, it may still be a great surprise and a greater unknown.”

– Vernor Vinge, Technological Singularity

Due to the rapid progression of fantastically powerful computer networks, this point of no return, the technological singularity, now appears more accurate and imminent than ever. The bitcoin network, for example, has demonstrated exponential growth in total hashrate since it first came online in 2009.


The uniqueness of the bitcoin network, and the manner in which the blockchain verifies large quantities of data, creates the perfect application for artificial intelligence to make sense of communication patterns (transfers of value) which appear seemingly unrelated to the untrained eye. Artificial intelligence will be capable of performing fantastic analysis of the data time-stamped into the bitcoin blockchain. These analyses will give rise to astonishingly accurate predictions.

Read Full Article: The Singularity Is Near - Diginomics

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[okala]

Technology is not organic but human is, technology does not develop but human do to me there will never be a point where technology will perform the role of human in development no matter the level of the artificial intelligent it most be program and created by human before it can operate. The blockchain is also developed and control by human such as the miners that harsh the various transactions.

[Ailmand]

Technology is not organic but human is, technology does not develop but human do to me there will never be a point where technology will perform the role of human in development no matter the level of the artificial intelligent it most be program and created by human before it can operate. The blockchain is also developed and control by human such as the miners that harsh the various transactions.

I don't get the point where you said technology doesn't develop. Then, how will you explain how internet started and immerged. From landline to cellular phone, from manual transaction to p2p transactions. Isn't this technological development? All things is possible that one-day due to artificial intellegence, man-power wouldn't be needed as what have been mentioned in the article. Some companies even had used technology to replace human since they are consistent and less likely to commit error than human does.

[traderethereum]

What we are experiencing right now is a sample of what he says, and I am sure that in the future, there will be many more new technologies that will be invented.
Those technologies will help human to do multitasking and make human's life easy and simple.
We know that now AI has started to develop and it will grow soon. So it will help our jobs from the traditional way into the digitalizing way.

[Haunebu]

This could become a big problem too. It could lead to the end of days where technology conquers human beings(Terminator) which is why rapid development of technology is not always a good thing in this aspect.

Constraints need to be applied at every stage to limit the power of developing technology.

[bitbunnny]

Technology is not organic but human is, technology does not develop but human do to me there will never be a point where technology will perform the role of human in development no matter the level of the artificial intelligent it most be program and created by human before it can operate. The blockchain is also developed and control by human such as the miners that harsh the various transactions.

Exactly, we always put technology too much in the centre and forget that humans are the essence of everything. Humans are creating the technologies and controling them. We can't let atrifical intelligence to prevale and dominate. It's true we are living in the digital society but we can't forget that is still run by humans for the humans.

[Text]

I vote for NO, just simply because I don't want it to happen. Technologies are being made by humans to have a companion, as a helper to make our life works more easy and convenient. Yeah technology is developing as time goes by and its unstoppable and it only shows that we humans is the greatest thing above all on this planet and nothing can change that even the AI. And bitcoin relies on its users and miners, so we can still control it.

[FoBoT]

To some extends bitcoin can only have financial effect on the singularity with a very strong resistance from the governmment and other cryptos.
There are some weirld not yet revealed to the public computer manipulations carried out by NASA in there various offices worldwide.
There was an article sometimes ago that claim that NASA can mine all the remaining bitcoin in 24 hours.

[lyks15]

I can say Yes that bitcoin can lead to the singularity. On it's characteristic and function I think bitcoin can be classified as singularity. Bitcoin  can lead singularity because there is so many crypto and so many type of work or business but bitcoin can make our life hassle free and can give a good income in terms of investment.

[hatshepsut93]

Singularity is just a hypothetical scenario of our progress, and there are many other scenarios that are just as likely to happen, or even more likely to happen. Even today scientists are not sure if it is possible to create general artificial intelligence or a quantum computer on a large scale, or thermo-nuclear reactor, and so on.

Next, Bitcoin has absolutely nothing to do with AI, and it's absolutely not revolutionary in some fundamental sense, it just cleverly utilizes the existing cryptography, and modern cryptography, while vital for many today's applications, is just a tool that is made for certain tasks, it's not a magic wand like ICO scammers claim it to be, it can't solve hunger, poverty, corruption and all other problems in the world.

[funchiestz]

In 1993, professor Vernor Vinge of San Diego State University, published a paper predicting a point in the near future where technology itself would be capable of creating greater-than-human intelligence. This point, Vinge characterized, would see large computer networks and their associated users “wake up” as superhumanly-intelligent entities. In such a scenario, technology would be capable of improving upon itself in such rapid succession, that from the purely biological perspective, it would be seen as an “intelligence explosion”. This future point in time at which technological development irreversibly changes the conditions of human civilization, has come to be known as ‘The Singularity‘.


technology would be capable of improving upon itself in such rapid succession

If I have to isolate the event from Bitcoin, is it really not scary? It is very difficult to follow the development of technology today! I think it is very scary to say that it is capable of own development.

[Icygreen]

I'd say we've already reached a singularity event in technology with the birth of the internet. Or are you suggesting an even more sudden event which would change everything much quicker?  These things unfold naturally like a flower because we create them and are in fact a part of nature.
Depending on how we apply new technology, I think there's plenty of advances for humankind to follow and we won't simply be overtaken by our own creations. Its likely that AI will teach us in the future and do it really really well however I doubt you'll see AI in the seat of a priest or shaman anytime soon.  

[Lakai01]

To some extends bitcoin can only have financial effect on the singularity with a very strong resistance from the governmment and other cryptos.
There are some weirld not yet revealed to the public computer manipulations carried out by NASA in there various offices worldwide.
There was an article sometimes ago that claim that NASA can mine all the remaining bitcoin in 24 hours.

How would they do this? The difficulty would explode, they'd need a massive amount of computing power which would mean that they already can use quantum computers. If this would be true any currently existing encryption algorithm would be worthless, too.

Would be very nice if you could post a link to this article?

[pushups44]

While bitcoin and specifically blockchain is a great innovation, it will not lead to the Singularity, which is defined as the surpassing of human intelligence by computers. By then, superintelligent computers will use blockchain in novel ways. They are thus potentially complementary.

[Nolimitz84]

In any case, you should pay attention to the fact that the blockchain and artificial intelligence can be interconnected.I think that the blockchain, artificial intelligence,big data and quantum computers will lead to a technological singularity.But when this happens is difficult to predict.And yet the person who creates all this must make sure that these new technologies were under his control.Otherwise, we don't know what the consequences are.

[fiulpro]

To be honest I am sure that things like these are impossible and even if they happen you should remember that there are still people in this world whose brain works faster than any computer , who are well beyond the boundaries defined by any computer .

A part of IQ is the ability to define new things and improvise and that is something that we cannot expect any computer to do.

To take over the world  they would need that feature and I don't thing this thing can be created without the DNA, emotions and everything else is something that may seem useless but are needed.

We are safe for sure !

*Humans will be able to destroy them for sure if something like that happens

*They are emotion less and cannot create new things and have no ability to invent or whatsoever.

[black_magic]

Technology is a product of human mind with the help of science. As time goes people learn new things and apply it in technology that's why it keeps in developing. Some machines now are human like and can go beyond the limit of a human brain so it is not impossible that it may lead to singularity just like in btc, money is always involved here, so if people become greedy they might get paranoid that also lead to singularity.

[Shenzou]

In 1993, professor Vernor Vinge of San Diego State University, published a paper predicting a point in the near future where technology itself would be capable of creating greater-than-human intelligence. This point, Vinge characterized, would see large computer networks and their associated users “wake up” as superhumanly-intelligent entities. In such a scenario, technology would be capable of improving upon itself in such rapid succession, that from the purely biological perspective, it would be seen as an “intelligence explosion”. This future point in time at which technological development irreversibly changes the conditions of human civilization, has come to be known as ‘The Singularity‘.

“This change will be a throwing-away of all the human rules, perhaps in the blink of an eye — an exponential runaway beyond any hope of control.

It’s fair to call this event a singularity. It is a point where our old models must be discarded and a new reality rules, a point that will loom vaster and vaster over human affairs until the notion becomes a commonplace. Yet when it finally happens, it may still be a great surprise and a greater unknown.”

– Vernor Vinge, Technological Singularity

Due to the rapid progression of fantastically powerful computer networks, this point of no return, the technological singularity, now appears more accurate and imminent than ever. The bitcoin network, for example, has demonstrated exponential growth in total hashrate since it first came online in 2009.


The uniqueness of the bitcoin network, and the manner in which the blockchain verifies large quantities of data, creates the perfect application for artificial intelligence to make sense of communication patterns (transfers of value) which appear seemingly unrelated to the untrained eye. Artificial intelligence will be capable of performing fantastic analysis of the data time-stamped into the bitcoin blockchain. These analyses will give rise to astonishingly accurate predictions.

Read Full Article: The Singularity Is Near - Diginomics

Blockchain is not self driven, it relies on the people who are making the transaction within the network to function, and without them it will stop, it is not intelligent in it self it is intelligent in the way it functions, but this does not mean that it is not the future, as you said that the technology is advancing more and more and eventually we will reach a point where AIs are self ruled, and i think that blockchain is going to play a big part in this advancement, for example maybe in the future we will have robots where they have brains that function through the blockchain where they could access millions of information at a fast speed.

[Artemis3]

Artificial Intelligence may eventually lead to a "singularity", but that is certainly unrelated to the Bitcoin project. Sure, maybe some AI project out there may benefit from the use of a blockchain, but that doesn't mean that Bitcoin lead to it. AI is a very deep subject that leads to the path of an artificial "sentient" life? Which is what "singularity" here probably means. When an artificial being asks "who i am, and why am i here?" etc. Again, a deep subject...

[fuathan]

Maybe... Blockchain and its cryptography approach may give lots of ideas to AI who wants to create/imitate a/the universe.

Blockchain and the hash mechanism is accurate mathematical modeling and it aligns perfectly with the universe itself. You cannot change the chains as they are hashed back to back and you cannot bring back anything in the universe to its previous form because of the entropy.

...you're never going to get those molecules to go back into the state that they were before, that you actually do have the entropy increasing in the system.